205 Stirrup Key Boulevard, Marathon, FL 33050 — MLS photo

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205 Stirrup Key Boulevard, Marathon, FL 33050

Active · SingleFamilyResidence

$2,249,000

205 Stirrup Key Boulevard, Marathon, FL 33050

Beds
4
Baths
3
Living area
3,414 sq ft
$ / sq ft
$659/sq ft
Year built
2007
Lot size
11,425 sq ft
HOA fee
$212
Annual tax
—

About this property

Over 3400 sqft of Luxury Living is featured with this 2007 custom built CBS in the gated community of Stirrup Key Sub in Marathon. Elevated water views, a deeded boat slip, protected community marina, multiple outdoor living areas and a private pool. Designed for both everyday comfort and entertaining, this multi-level home offers generous interior space, flexible living areas, and a thoughtful indoor-outdoor layout. The ground level features a three-car garage, ample storage, and direct access to the pool area, creating an easy flow for relaxing, hosting, and enjoying the Keys lifestyle. The second floor serves as the main living level with two bedrooms, two full baths, a full kitchen, and open living and dining areas that extend onto a large screened lanai. This level is ideal for casual gatherings, quiet mornings, and evening breezes. The third floor offers a private primary suite, sitting area or fourth bedroom, bar/kitchenette, fireplace, spa-style bath, and an expansive lanai with peaceful elevated views. A spiral staircase leads to the fourth-floor widow's walk, finished with travertine flooring and a water hookup. From this vantage point, panoramic views stretch across Marathon and toward the Gulf, creating a quiet setting for sunrise, sunset, and open-air relaxation. A private nature path winds through preserved surroundings and leads to a Gulf-front observation dock, ideal for wildlife viewing and enjoying the surrounding natural setting. Additional features include a lift to the second floor for added convenience. Centrally located in Marathon, the home offers convenient access to shopping, dining, & daily necessities. With a deeded marina slip, elevated water views, pool, garage space, storage, multiple lanais, and a flexible custom layout, this property offers a rare combination of privacy, space, and boating access in Marathon. Schedule a private showing to experience this custom home and deeded marina slip in person.

Property location

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205 Stirrup Key Boulevard, Marathon, FL 33050

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
3,414 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2007
Lot size
11,425 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$212
County
Monroe
MLS listing ID
R11162784
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,649

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.9%
Gross yield
6.6%
Mortgage payment
$10,661/mo
Down payment
$562,250
Loan amount
$1,686,750
Annual NOI
$72,146

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.