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About This Home

This 5-bedroom, 4-bathroom single family at 34 Atlantic Drive in Marathon, FL is listed for $2,890,000. Built in 1943, on a N/A lot.

Agent Description

Huge Direct Oceanfront Compound — One-of-a-Kind with 276-Foot Concrete Dock Adjacent to World-Famous John Pennekamp, Coral Reef State Park & Molasses Reef. Discover a truly exceptional and private oceanfront compound designed for boating enthusiasts, investors, or multi-generational living.

Spread across three expansive lots, this rare property includes two distinct homes and direct water access — a combination that’s nearly impossible to find in today’s market. The primary residence features 3 bedrooms and 2 full baths, offering bright, comfortable living spaces and sweeping ocean views.

The second home, complete with 2 bedrooms and 2 baths on a separate meter, is ideal for guests, extended family, or short-term rental opportunities. Step outside to unparalleled oceanfront living with a 276-foot concrete dock, perfect for accommodating large vessels, fishing, and launching watercraft.

The grounds offer generous room for entertaining, expansion, or simply enjoying the peaceful surroundings of this secluded coastal haven. Highlights: 3 lots with two homes and a 276-ft dock Direct ocean access — idea for boating on the Ocean or Bay. Steps from John Pennekamp Coral Reef State Park Perfect for entertaining, investing, or creating a family retreat Unmatched privacy and coastal lifestyle potential.

Key Features

  • Built in 1943
  • Waterfront

Property Details

4 full
1943

Amenities

WaterfrontViewRV Parking

Monthly Cost Estimate

$15,456/mo

20% down · 6.5% · 30 years

Principal$2,090
Interest$12,523
Insurance$843

Estimates only. Actual payments may vary.

Location

34 Atlantic Drive

Marathon, FL 33037

Knowlson Colony

Features & Amenities

Interior Features

Built-in FeaturesBedroom On Main LevelKitchen IslandUpper Level Primary

Exterior Features

BalconySecurity/High Impact DoorsOutdoor Grill

Property Details

Flooring

Tile

Construction

Block

Views

Ocean

Parking

CoveredDrivewayGarageGuestRV

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 5-bedroom, 4-bathroom single family at 34 Atlantic Drive is listed at $2,890,000. The estimated monthly payment is $12,523 based on 20% down at 6.5% interest.

Key features include: Built in 1943, Waterfront. Interior Features: Built-in Features, Bedroom On Main Level, Kitchen Island. Exterior Features: Balcony, Security/High Impact Doors, Outdoor Grill.

This property is listed by Tracey Petrusha and can be reached at 9545455583 or traceypetrusha.realtor@gmail.com.

TP

Tracey Petrusha

Agent at LoKation

(954) 545-5583

Listed by LoKation · View on Broker Site

MLS# A12006854· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

34 Atlantic Drive, Marathon, FL 33037

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