Have you been dreaming of your perfect Florida Keys island home & wondering where to build it? Look no further. Build your dream home on one of Marathon's most sought-after streets & waterfront neighborhoods. Tucked away on a quiet dead-end street just moments from Sombrero Beach, this exceptional homesite offers 65 feet of water frontage and the opportunity to create a custom island retreat in the heart of the Florida Keys. Located on desirable Treasure Road, this peaceful enclave is known for its privacy, family-friendly atmosphere, & unbeatable convenience. This is a street you only drive down if you live there, offering a sense of seclusion and tranquility while remaining close to everything Marathon has to offer. Depending on the design and elevation of the future home, buyers may enjoy peek-a-boo ocean views & refreshing breezes from upper-level living areas & balconies. Neighboring homes enjoy water views, showcasing the potential of this unique location. The property is currently in the City of Marathon's BPAS allocation system & ranked #17 in the most recent allocation round w/ 68 points. The seller has a newer set of plans for a 3-bed, 2-bath residence that may be submitted by the next owner, offering a valuable head start in the building process. Alternatively, buyers may choose to submit new plans designed to potentially increase allocation points and improve their ranking. Buyers should verify all BPAS & building requirements & permitting w/ the City of Marathon. You'll love the convenience of being just minutes from Sombrero Beach, restaurants, shopping, & grocery stores in a golf cart friendly neighborhood where daily errands, evening bike rides, & sunset beach walks are all w/in easy reach. Whether you're planning a primary residence, seasonal getaway, future vacation home, or weekly rental property, this rare waterfront lot offers the opportunity to build exactly what you've been dreaming of while enjoying the very best of the FL Keys.