5 bedroom Single Family Residence at 1590 Pelican, Crane Hammock (49.5), Marathon — photo 1Front elevation
5 bedroom Single Family Residence at 1590 Pelican, Crane Hammock (49.5), Marathon — photo 2Living space
5 bedroom Single Family Residence at 1590 Pelican, Crane Hammock (49.5), Marathon — photo 3Kitchen
5 bedroom Single Family Residence at 1590 Pelican, Crane Hammock (49.5), Marathon — photo 4Owner's suite
5 bedroom Single Family Residence at 1590 Pelican, Crane Hammock (49.5), Marathon — photo 5Exterior / yardView all 81 photos →
23 days on market Single Family Residence
$4,999,999
5-Bedroom Pool Home in Crane Hammock (49.5)

1590 Pelican, Marathon, FL 33050

Single Family Residence in Crane Hammock (49.5), Marathon · No CDD
Crane Hammock (49.5) · Marathon, FL 33050 · Monroe
Listing data updated September 10, 2026 · refreshed twice daily
5Bedrooms
4.5Bathrooms
1958Year Built
WaterfrontPrivate poolNo CDD5 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
Buyer leverage
Seller-leaning
23 days on market
Zone AE
Flood risk
Confirm requirements with FEMA; ~5 ft elevation
$23k–$47k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.

Sources: Florida Keys MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of September 10, 2026, 1590 Pelican in Crane Hammock (49.5), Marathon is listed at $4,999,999. That is 292% above Crane Hammock (49.5)'s median closed sale of $1,275,000 over the last 12 months (10 recorded sales). It has been 23 days on market, well inside the community's typical 70 days. Listing facts: built in 1958, a private pool, waterfront, no HOA. The parcel maps to FEMA flood zone AE, a special flood hazard area where lenders generally require flood insurance. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 1958 · 68 yrs
  • 23 days on market
  • HOA ~$50/mo (estimate; confirm)
Momentum Research · Cross Key Waterways (103.0)

Pricing & the Cross Key Waterways (103.0) market

How this home is priced against recent nearby sales, and where Cross Key Waterways (103.0) has been over 25 years. Momentum Research analysis of floridakeys records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

Median sale price by year

12-month median closed price, 2012–2026.

$116k$965k$1.8M2012: $285k20122013: $285k2014: $280k20142015: $325k2016: $400k20162017: $386k2018: $490k20182019: $445k2020: $534k20202021: $638k2022: $750k20222023: $855k2024: $862k20242025: $1.6M2026: $1.3M2026

Market Heat by year (0–100)

Momentum Market Heat, 2013–2026. Now 20 (cold).

1350882013: 4420132014: 212015: 4020152016: 642017: 4220172018: 742019: 5520192020: 472021: 8120212022: 682023: 4120232024: 582025: 4520252026: 202026
Property timeline

This home’s history

  • 1958BuiltPer public record
  • Aug 19, 2026First trackedObserved at $4,999,999
  • NowActiveCurrently for sale

Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Financing

Estimated monthly payment

$32,975/mo
  • Principal & interest $25,838/mo 78%
  • Taxes $4,375/mo 13%
  • Insurance $2,712/mo 8%
  • HOA $50/mo 0%

$32,975/mo at 20% down, 30-yr @ 6.71% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Momentum Scores

Momentum Property Score

47/100
Strongest on: Pricing power (96), Market timing (80)
0 limited50100 exceptional

47/100 is below average across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Affordability0
List price $4,999,999 vs the community median $1,275,000. Not a measure of personal affordability.
Flood safety45
FEMA Zone AE, ~5 ft elevation. Verify the parcel with FEMA.
Insurance cost15
From FEMA Zone AE and a 1958 build. Obtain a property-specific quote.
Market liquidity44
Community median 70 days on market (12-month record).
Pricing power96
Recent sales closed at about 88.7% of original asking (~11.3% below). More room below asking generally favors buyers.
Market timing80
Momentum Market Heat is 20/100 (cold). Cooler readings generally favor buyers; hotter readings favor sellers.

Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

Recent Cross Key Waterways (103.0) sales closed near 88.7% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Florida Keys MLS records, community-level, 12 months ending August 23, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: one of only 1236 active listings in Cross Key Waterways (103.0), no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated September 10, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Listing description

About this home

Looking for one of the most unique Bayfront Estates in the Florida keys, well you just found it. Just over 3 acres located on the Gulf of America. What makes the property so unique first and foremost is the privacy it offers.

Upon entering the double gate, you are surrounded by huge trees, heavy foliage and vegetation which provides you with complete privacy. There are walking trails all through the entire property, including out to the Bayfront to enjoy some of the most spectacular year round sunsets you will ever see. The property directly to the North is a preserve called, Crane Point Hammock and Museum & Nature Trails.

The subject property boasts its own huge boat basin with new custom Ipe wooden dock to accommodate large vessels and/or multiple vessels with two 50 AMP services, all the power you may need. There is a separate dock and slip tucked inside the private boat basin the owner had custom built for his 52 foot Viking Express. There is also a 20,000 pound boat lift and a small boat ramp for your flats skiff.

The main home has that Old Florida Charm, three bedrooms, two baths and great room with exposed beams and tongue and groove ceilings. Take the stairs up you your private master retreat with spectacular views overlooking your private basin and the bay. The home also offers three screened lanais with water views.

Attached to the main home is a private, separate entrance apartment with bedroom, bathroom and kitchen for complete privacy from the main living quarters. Across the pavered driveway is the detached three car garage and above offers a 1 bedroom, 1 bath, living room and kitchenette. The property is located 1.5 miles South of Marathon International Airport to make it easy for pilots and chartered jets and prop planes to come and go from this one of a kind Estate.

Easy access to the Atlantic Ocean. Looking for peace, privacy and serene relaxing Florida Bay and sunsets views? You just found it!!

Description provided by Cypress Realty, Inc. and reproduced from the MLS; not independently verified.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$4,999,999
Bed / bath5 / 4.5
Year built1958
Property typeSingle Family Residence
PoolYes
MLS #621022
Listing status23 days on market

Public records & third-party data

FEMA flood zoneZone AE
Ground elevation~5 ft
Windstorm exposureLow
CountyMonroe
Area listings1236 active · 238 under contract
Estimated first-year tax~$52,500/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Estimated monthly payment$32,975
Insurance (illustrative)$23k–$47k/yr
Comparable-sales median$1,275,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of Cypress Realty, Inc. · Listing agent: Shane Murray Wilson · 239-275-3321Provided via the Florida Keys MLS, Inc. Internet Data Exchange · Source: Florida Keys MLS, Inc. · © 2026 Florida Keys MLS, Inc. · deemed reliable but not guaranteedIDX 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 by the MLS to be accurate.
Keep looking

Similar homes for sale near Crane Hammock (49.5)

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $4,999,999Momentum Realty · on market 23 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$52,500/yr

A rough first-year estimate only, applying a typical Monroe rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$23k–$47k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone AE — confirm flood coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone AE

From the FEMA flood map. Lender-required flood insurance may apply; confirm for the parcel.

Ground elevation
~5 ft

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida; confirm availability at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Seen enough photos?

Want to see 1590 Pelican?

Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.

Listed by Cypress Realty, Inc. · MLS # 621022

Request a showing

or call (904) 351-6461
Market data · public records

Recent sales activity in Crane Hammock (49.5)

Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Crane Hammock (49.5) neighborhood guide for more.

Comparable sales found
0

Recent nearby closings in the data set.

Community median sale price
$1,275,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$0

Canonical 12-month median $/sq ft. Reference only.

Go deeper on Crane Hammock (49.5)

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Monroe County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

School zoningThis address is in the Monroe County School District. Specific elementary, middle, and high-school assignments vary by street and can change. Confirm current zoning with the district before relying on it.
How it stacks up

Comparable recent sales

Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.

No closely comparable recent sales were found in this data set.

If you rent it out

Investment snapshot

Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.

Estimated rent$22,917 – $33,333/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.4%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$10,735 – −$1,361At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

Items worth confirming for 1590 Pelican, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 1958 (68 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
  • FEMA flood zone AE: lenders generally require flood insurance here — get an elevation certificate and a flood quote before the inspection period ends.
  • Get a homeowners insurance quote for this specific address in Monroe County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
  • Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
  • Confirm square footage and room dimensions independently.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $52,500/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
  • Confirm school zoning directly with the district.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

Provenance

Data sources & freshness

Listing recordFlorida Keys MLS, refreshed twice daily (last: September 10, 2026)
Community market statsFlorida Keys MLS closed sales, as of August 23, 2026
Flood zone & elevationFEMA flood maps + USGS elevation (Zone AE shown above)
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Florida Keys MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 1590 Pelican and when was it built?

Per the listing record, 1590 Pelican was built in 1958 and has 5 bedrooms and 4.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 1590 Pelican in?

1590 Pelican is in Crane Hammock (49.5) in Marathon, Monroe County. The community section on this page shows recent closed sales, days on market, and active inventory for Crane Hammock (49.5) from the same MLS data.

Does 1590 Pelican have an HOA?

The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.

Why might property taxes on 1590 Pelican differ from the current owner's?

The estimate on this page (about $52,500 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 1590 Pelican in a flood zone?

The FEMA flood map places this parcel in Zone AE, a special flood hazard area where lenders generally require flood insurance on a mortgaged purchase. Confirm the parcel's status with FEMA and your insurer, and ask for an elevation certificate.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 1590 Pelican in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Florida Keys MLS, Inc. Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Florida Keys MLS, Inc.. © 2026 Florida Keys MLS, Inc. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.