COCO PLUM TERRACES
Homes for Sale in Marathon, FL
True comps, carrying-cost math, and listings before the portals.
Coco Plum Terraces sits in Marathon, Monroe County — the heart of the Florida Keys — and the median price near $420K reflects the baseline cost of Keys waterfront-adjacent land more than any particular vintage or finish level. The stock spans from early 1970s concrete block to a 2024 build, so condition and lot position drive spread; that single median figure can mask significant variation from one parcel to the next.
At roughly 181 days median days on market over the most recent six-month closing window, this is a slow-absorbing market. Sellers are not being rescued by urgency; buyers have time to be deliberate. With just under a quarter of parcels carrying a homestead exemption, the majority of ownership here is non-primary — second homes, investment holds, or seasonal use — which shapes both seller motivation and pricing discipline.
The 60-Second Overview
COCO PLUM TERRACES market snapshot (as of July 27, 2026): the median sale price is about $420K, and a median 181 days on market for closed sales.
COCO PLUM TERRACES is a community of 99 homes in Marathon, Monroe County, built between 1972 and 2024 (median 1996), with a median living area of about 2,178 square feet. 24% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Coco Plum Terraces is a 99-home community in Marathon, Monroe County, built out over five decades from 1972 through 2024, with a median build year of 1996 and a median living area of just over 2,100 square feet — notably generous for Keys inventory at this price point.
Who COCO PLUM TERRACES is best for.
Best for
- A buyer targeting Keys ownership as a seasonal or secondary property who has budgeted for Monroe County insurance realities and can hold through a measured closing timeline.
- An investor comfortable with non-primary-residence inventory who wants more interior square footage per dollar than smaller Keys communities typically offer at this price point.
- A primary-residence buyer relocating to Marathon who wants an established neighborhood and is prepared to negotiate on a longer-days-on-market listing.
Probably not for
- A buyer expecting list-price urgency or a competitive multiple-offer environment — this market does not behave that way.
- Anyone unprepared for the cost and complexity of Keys insurance, flood-zone compliance, and wind-mitigation requirements on structures that range from 1972 to 2024.
- A buyer who needs community amenities as part of the value proposition — none are identified here, and the purchase stands or falls on the individual property and its location.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 27 of each year, from record-level floridakeys closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($420K) IS the median in the snapshot above.
Windows contain 0 to 9 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Monroe County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Monroe County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
The COCO PLUM TERRACES buying strategy.
If we were buying in COCO PLUM TERRACES today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in COCO PLUM TERRACES.
What the numbers actually tell you
The median living area of 2,178 square feet is a meaningful data point: Keys properties at the $420K median often run smaller, so Coco Plum Terraces delivers more interior square footage than the price might suggest compared to broader Monroe County norms. That said, building vintage here ranges widely — a 1972 structure and a 2024 build carry very different insurance, elevation-certificate, and wind-mitigation profiles, and those carry costs can meaningfully affect the real cost of ownership beyond the purchase price.
The low homestead rate — roughly 24% — signals that most of these homes are not primary residences. That has practical implications: sellers may be managing from a distance, properties may sit furnished or seasonally maintained, and buyer due-diligence on deferred upkeep matters more here than in a community where owners live year-round. No MLS-identified community amenities means buyers are underwriting the location and the structure itself, not a shared infrastructure package.
The location and the amenities are priced into every listing in COCO PLUM TERRACES. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Keys transactions carry layers that mainland closings do not: flood zone classification, elevation certificates, wind mitigation credits, and insurance market conditions that can make or break a deal. With 181 days median market time, there is room to negotiate — but only if your representation understands what drives value lot by lot and build year by build year in Coco Plum Terraces. Momentum brings Northeast Florida transactional discipline to a market where patience and precision, not speed, determine outcome.
COCO PLUM TERRACES in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a COCO PLUM TERRACES buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed COCO PLUM TERRACES sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in COCO PLUM TERRACES, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your COCO PLUM TERRACES home worth?
Get a no-obligation home value based on real comparable sales in COCO PLUM TERRACES, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in COCO PLUM TERRACES?
How long do homes in COCO PLUM TERRACES take to sell?
How many homes are in COCO PLUM TERRACES?
What share of COCO PLUM TERRACES is owner-occupied?
When were the homes in COCO PLUM TERRACES built?
Do cash buyers compete in COCO PLUM TERRACES?
Who is the best real estate agent for COCO PLUM TERRACES?
How do I find a top Marathon real estate agent who knows COCO PLUM TERRACES?
Can Momentum Realty connect me with an agent for COCO PLUM TERRACES?
Should you buy in COCO PLUM TERRACES?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | floridakeys closed sales, 12-month windows ending July 27, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (15 streets, ZIP 33050)) |
| Historical depth | Closed-sale records back to 2013 (55 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of floridakeys records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the floridakeys member average and 8 days faster, and we’ll price yours against live your area comps.
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