Credit: Photo by Tracy Chacksfield | Source

Overview

Luxury Homes for Sale in Coco Plum, Florida Keys, Florida

Coco Plum is home to a Middle Keys landmark, Bonefish Tower, at 143’ tall, it is the tallest building in all the Florida Keys.

Until the last couple decades, Coco Plum was predominantly an undeveloped part of Marathon, with numerous pieces of vacant land and a handful of ramshackle marinas and commercial fishing businesses. It has only been in recent years that Coco Plum Florida Keys real estate has been on homebuyers’ radar. While you will still find remnants of days gone by, take a drive down Coco Plum Drive now and you will see a thriving neighborhood that has transitioned into some of the priciest luxury homes for sale in Coco Plum, FL, Marathon area. Featuring some of the deepest and widest canals in the Middle Keys, along with some of the most exquisite oceanfront estates, Coco Plum has slowly transitioned into one of the top neighborhoods in the Middle Keys. Call our team today for more information on Coco Plum houses for sale.

DELICIOUS FOOD: There may not be any restaurants within easy walking distance of Coco Plum homes for sale but just a short drive or bicycle ride away there are an abundant number of options when it comes to dining in the Middle Keys. Start the day off with a fresh cup of coffee from what might possibly be the world’s smallest drive-thru coffee “hut” or head a little further south down the island for one of the best café con leches this side of Cuba. Craving a bagel with a schmear? Marathon’s got that too. From prime steaks and sushi to organic and vegan selections, and of course fresh seafood, there’s something for every palate in the Middle Keys. And remember, dining is often outdoors and waterfront, with dress code always casual.

ATTRACTIVE ACTIVITIES: Luxury homes for sale in Coco Plum, FL are convenient to a paved pedestrian/bike path that is nearly two miles long and runs almost the entire distance of Coco Plum Drive. With not much vehicular traffic, it is ideal for those looking to get in a short run or nice walk. When you’re done getting your cardio in, head over to Coco Plum Beach. While Coco Plum real estate has become more popular over the last few years, typically you won’t find much of a crowd at the beach; with it being a locals’ favorite for getting their dogs out and about, there is a good chance of finding more pooches than people.

HOME FEATURES: It is rare to find a dry lot on Coco Plum, and nearly all Coco Plum homes for sale feature either an open water, canal or marina view. With some of the deepest and widest canals in the Keys, the ability to accommodate many different size vessels and quick access to the Atlantic Ocean, Coco Plum real estate is a boat owner’s dream location. And for those more interested in simply living on their boat, Coco Plum Beach Yacht Club offers a great live-aboard community, featuring different slip sizes and depths. With 52 slips, all individually owned, each with electric, water and pump out service, this marina is a must see and is one of the few in the area that can also accommodate a sailboat.

Market Overview

Marathon, FL Real Estate Information

Median Listing Price

$1,300,000

Median Price Per Sq Ft

$838

Average Days on Market

123

Median Price of Sold Homes

$1,200,000

Home Ownership Percentage

51.4%

Median Rent

$1,332

Homes in Coco Plum, FL

5 Real Estate Facts About Luxury Homes for Sale In Coco Plum, FL

  • Most expensive home sold in Marathon in 2022 was on Coco Plum at $12.2M
  • Least expensive residential Coco Plum sale in 2022 was a condo at $295K
  • Largest home sold on Coco Plum in 2022 was 16,000 sqft (unfinished)
  • Smallest home sold on Coco Plum in 2022 was 425 sqft
  • An unfinished home on Coco Plum sold for $4.3M in 2022
On the map

Coco Plum, FL Neighborhoods Map

The Coco Plum neighborhood is located on the Atlantic Ocean side of Overseas Hwy at approximately Mile Marker 54. Coco Plum Drive is the first stoplight entering Marathon on the southbound drive. With just two exceptions, Coco Plum Drive and Pescayo Avenue, starting on the east end of the island street are named in order of the alphabet starting with Avenue A and ending at the west end with Avenue O.

Take the next step

Ready to take the next step?

As your dedicated real estate partner, I will provide a well-executed and enjoyable experience. I draw on my professional work ethic, expert industry knowledge, and genuine love for what I do to help my clients achieve their real estate goals. If you are ready to buy, sell, or invest in the Keys, you need an informed, trusted and determined real estate partner who knows the landscape and has an outstanding network of contacts. I’ll focus on understanding your needs; then, I’ll confidently guide you to the opportunities that are right for you.

Meet the locals

Who Lives in Marathon, FL

Population

9,967

Median Age

48.5

Median Household Income

$87,923

Households

3,879

Household size

2.24

Cost of living

135.1

Entertainment

Things to do in Coco Plum, FL

Irie Island Eats

A cool food truck serving locally sourced dishes with tropical flavors. The experience includes outdoor dining that maximizes the lush surroundings.

Overseas Pub and Grill

Old-school hangout spot for cocktails, ice cream, bar food, and live music.

The Banyan Tree

Nestled in a lush garden, this quaint store is full of home décor items, natural wearables, and locally sourced plants.

Marathon Community Theatre, Inc.

Small intimate theater for dance and performing arts. They serve cookies, beer, wine, and other snack items.

Schools

Schools near Coco Plum, FL

SchoolGradesAdmission
Stanley Switlik Elementary SchoolK - 5Public
Marathon High School6 - 12Public