Power broker Billy Nash’s exclusive waterfront listing in Marathon sold in just 14 days
Billy Nash, founder of Nash Luxury at Illustrated Properties – a member of The Keyes Family of Companies, completed the $10.7 million sale of a sprawling boater’s paradise in Marathon. Nash was the exclusive listing agent for the waterfront compound, which went under contract in just 14 days. The sale is one of the largest residential transactions in Marathon Key history.
Located at 57865 Morton St. on Marathon’s Grassy Key, the 9,524-square-foot residence sits on 5.84 acres of land and also conveyed 5 acres of bay bottom. The property is truly one-of-a-kind, with a private boat basin and even its own private lobster farm. A rare gem in the heart of the Florida Keys, the property also features a 500-foot fishing pier.
The sale closed on June 14. The buyer is a Midwest-based construction company owner.
“This incredible compound is one of the largest of its kind in the Keys, which has been exploding with demand from luxury buyers competing for a dwindling amount of inventory,” Nash said. “For Nash Luxury, there are no barriers to luxury real estate, whether it’s a waterfront property in the Keys or a private mansion in the Palm Beaches.”
The epitome of Florida Keys lifestyle, this property is just minutes away by boat from the famous 7 Mile Bridge – where renowned Monster Tarpon spawn every spring, an angler’s dream. The Keys are known for crystal clear blue waters and some of the world’s best fishing. Access by private plane to the area was also a factor that made the property attractive to buyer around the country.
This luxury oasis also features a four-bedroom, three-and-a-half-bathroom main house, two- garage boat house/captain’s quarters, private guest house with full workshop and a boat/jet ski ramp. The interior features include a gourmet chef’s kitchen, light and airy living areas overlooking the large outdoor patio and an Infinity pool.
Connecting with the local community, Nash partnered with Marathon’s Two Conchs Sportfishing to help promote the property. Two Conchs, a well-known charter service in the community, assisted in video production and photography of the property. It also has a sportfishing TV show featuring Capt. Jack Carlson with his sons, Capt. Tucker and JC Carlson.
“Billy Nash does it again,” Illustrated President and CEO Mike Pappas said. “Billy continuously utilizes Illustrated’s global partnerships, technology and marketing tools to produce unparalleled results. We are excited to celebrate this impressive sale in Marathon.”
Nash, host of AWE Network’s “Selling Mega Mansions” and head of Illustrated’s Nash Luxury, has leveraged his exclusive relationships built over a two-decade career on Wall Street to become a household name in luxury real estate. In the past few years, Nash has closed high-end sales involving National Basketball Association and National Football League team owners, Major League Baseball and National Hockey League stars, the former manager of the Rolling Stones and many more high-profile individuals.
About Illustrated Properties: The story of Illustrated Properties began in the 1930s, when F.F. “Bud” Adams, Sr. started selling land in Hobe Sound and on Jupiter Island. His son, Bud Jr., took the family business to Palm Beach in 1975 and founded Illustrated Properties. He also became the exclusive broker for Lost Tree Village and John’s Island. Under the leadership of Bud Jr.’s son, F.F. “Chappy” Adams III in the 1980s, Illustrated grew significantly while implementing new and innovative real estate technologies. The company endured a great loss with the passing of Chappy Adams in January 2013 but continued to grow as the #1 real estate brand in Palm Beach County while maintaining the culture of a family-owned business. Today, Illustrated Properties has more than 700 agents in 22 offices throughout Palm Beach, Martin, St. Lucie, Volusia and Collier counties. Illustrated is a Christie’s International Real Estate affiliate and a member of the Leading Real Estate Companies of the World® network.
