Engel & Völkers Marathon and Waters Edge Homes Unveil Azure Point at Shipman Point Enclave

MARATHON, Fla. - Rezul -- Engel & Völkers Marathon today announced the listing of Azure Point, located in Shipman Point Enclave, a luxury oceanfront estate at 4800 Overseas Highway in Marathon, Florida, listed at $6,500,000 and built by Waters Edge Homes. The pre-construction, 3,714-square-foot home offers four bedrooms and three and a half bathrooms, with construction beginning soon, giving buyers a limited window to personalize select finishes before completion.

The floor plan centers on an open-to-below design with floor-to-ceiling glass and panoramic Gulf views throughout. The home includes a private elevator, a temperature-controlled wine cellar, and a private guest casita, with living and entertaining spaces flowing out to a resort-style pool and a 70-foot private dock with a new boat lift. The estate is expected to appeal to South Florida executives, multigenerational families, seasonal renters, and international buyers arriving through the area's nearby private airport.

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"New construction with open waterfront and direct access to the ocean has become increasingly scarce here in the Keys — we're landlocked, so there just isn't a lot of land left, and much of what's already built is older," said Stephany Duvall, license partner of Engel & Völkers Florida Keys. "Azure Point combines coastal architecture with the ability to personalize your finishes, which is exactly the kind of turnkey, move-in-ready opportunity buyers down here are looking for."

Shipman Point Enclave is developed by Waters Edge Homes, one of the Florida Keys' most renowned developers, founded by Michael Aranda Jr., a licensed General Contractor with two decades of experience, including recent projects Latitude 24 and The Reserve at Sombrero Beach, both in Marathon. Waters Edge Homes has built custom waterfront properties throughout the Keys for 14 years and is expanding into unincorporated Monroe County in 2025.

"Every property starts with what we call our sighting process — we look at the views first, then the boating access, the environmental conditions of the lot, and who we believe the target buyer is going to be, before we ever start designing," said Aranda. "At Azure Point, that meant building around direct dock access straight out to the Gulf of America, and making sure the views carry through every part of the home — even the master bathroom shower is cantilevered off the back of the house with a window that looks right out over the water."

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Azure Point is now available through Engel & Völkers Marathon. Full listing details are available at 4800 Overseas Highway, Marathon, FL 33050. For more information, contact Stephany Duvall.

https://www.evrealestate.com/en/shops/floridakeys