, MARATHON, FL, 33050
Active84 days on marketListed Apr 27, 2026MLS #A12010114
About this home
An exceptional opportunity to own this charming 2-bedroom, second-floor condominium, in Cocoplum Terraces, ideally situated on a 200-foot-wide canal with direct ocean access and no bridges.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
925
Sqft
1974
Year built
$430
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,879 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,879/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Marathon actives
$430 vs $670
Days on market
84 vs 20 typical
Where $430/sqft sits among the 47 Marathon actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Coco Plum Terraces
Get to know Marathon. See the full Marathon guide →
Coco Plum Terraces — neighborhood snapshot
Population
254
Median age
53
Median income
$77,344
Median home value
$673,900
Avg household
2
Households w/ children
20%
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Marathon market
$1.1M → $4.5M
Marathon median sold, yr/yr
4 of 47
Marathon actives have cut their price
Median sold price, Marathon, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 38% below the MARATHON 33050 median. See the full Marathon market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$787,000
Nearby listing
1 bd · 1 ba · 885 sqft · $889/sqft
Sold · Jun ’26$497,000
251 2nd St, Key Colony FL 33051
2 bd · 1 ba · 750 sqft · $663/sqft · 228 DOM
Sold · Mar ’26$850,000
431 5th St, Key Colony FL 33051
3 bd · 2 ba · 1,184 sqft · $718/sqft · 157 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Melinda Manges Iosua
Director, Agent Recruiting · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Live availability from Melinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
FAQs
What would the monthly payment be for ?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,879/mo — principal and interest, the actual property-tax bill, the $991/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at ?+
The association fee works out to $991 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $2,511. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at ?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Marathon?+
At $398,000, this home is listed about 89% below the Marathon median of $3,495,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Marathon School (high), Stanley Switlik Elementary School (elementary) — Monroe County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the MARATHON 33050 market on paper
$398,000 is 38% below the MARATHON 33050 median of $637,000, and at $430/sqft it sits under the Marathon average of $1,077.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $991/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
84 days on market against a Marathon median of 20 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $459,000, now $398,000 — a $61K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Coldwell Banker Schmitt R.E. · Sally Stribling. MLS #A12010114.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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