An invitation — the first thirteen
A place where the marina lights come on, and the home at the end of the dock is yours.
Thirteen families will own the original waterfront homes in one of the most significant fully entitled developments in the Florida Keys. This is how you join them.
The investment case
The numbers behind the Founders’ 13
~$600
per sq ft Founders entry
1.67×
value-to-cost at delivery
Now
move-in ready — already built
| Project | Size | Pricing | ~$/sq ft |
|---|---|---|---|
| Marlin Bay — Founders’ 13 | ~2,500 sq ft | $1.53M entry · ~$2.5M value | ~$600 entry / $1,000 value |
| Emerald Flats (across the street) | 2,300–2,650 sq ft | ~$2.5M | ~$1,000 |
| SeaGlass Cove (Grassy Key) | 2,950–4,800 sq ft | from $3.0M · $21M+ sold | ~$1,150 |
| Marathon single-family (2025 avg listing) | — | ~$2.4M | ~$1,175 |
Illustrative only — not a forecast or guarantee. Comparable projects shown for context; figures rounded. Sources: designsource.com (Emerald Flats); seaglasscovefl.com & PROFILEmiami (SeaGlass Cove); flkeysliving.com & rocket.com (Marathon market, 2025).
Current release
Founders pricing, home by home
| Residence | Plan | Bed / Bath | Sq ft (A/C) | Est. market value | Founders price | Savings |
|---|---|---|---|---|---|---|
| Residence 21 | F-1a | 3 / 3.5 | 2,496 | $2,546,000 | $1,594,028 | $951,972 |
| Residence 22 | F-1b | 3 / 3.5 | 2,496 | $2,496,000 | $1,542,528 | $953,472 |
| Residence 23 | F-1a | 3 / 3.5 | 2,496 | $2,546,000 | $1,594,028 | $951,972 |
| Residence 24 | F-1b | 3 / 3.5 | 2,496 | $2,496,000 | $1,542,528 | $953,472 |
| Residence 25 | F-1a | 3 / 3.5 | 2,496 | $2,546,000 | $1,594,028 | $951,972 |
| Residence 26 | F-2a | 3 / 3.5 | 2,475 | $2,475,000 | $1,529,550 | $945,450 |
| Residence 27 | F-1b | 3 / 3.5 | 2,496 | $2,496,000 | $1,542,528 | $953,472 |
| Residence 28 | F-2b | 3 / 3.5 | 2,475 | $2,475,000 | $1,529,550 | $945,450 |
| Residence 30 | F-3 | 3 / 3.5 | 2,475 | $2,475,000 | $1,529,550 | $945,450 |
| Residence 40 | D | 4 / 4.5 | 3,672 | $4,320,536 | $2,937,288 | $1,383,248 |
Live pricing synced with the reservation office · lot premiums included where applicable · subject to the definitive agreements.
Reserve your place
Three steps, ninety days
- 01
Today — reserve & select
Call the sales gallery for the participation package and current price release. Place your reservation to lock your price and choose your homesite while the best positions remain.
- 02
90 days — all 13 placed
Review the definitive agreement with your own advisors. The full release is expected to place within ninety days.
- 03
At closing — move-in ready
Closing funds, you take title — to a finished, furnished-spec waterfront home with resort, marina, and restaurant already operating around it.
Built-in equity from day one. Founders acquire an existing waterfront home well below new market value — roughly $800,000 to $1,450,000 per residence depending on the home. Because the 13 are already built, that equity is in place at closing, with no construction risk and no wait.
The fine print, plainly
Founders’ 13 questions
What is the Founders' 13 at Marlin Bay?
The Founders' 13 is the first release at Marlin Bay Yacht Club: the thirteen existing, fully built three-story waterfront residences, offered at Founders pricing of roughly $600 per square foot plus lot premium — well below the $1,000–$1,175 per square foot that comparable new construction trades for in Marathon.
How does the reservation process work?
Three steps: (1) request the participation package and current price release from the sales gallery, (2) review the definitive agreement with your own advisors, (3) place your reservation to lock your price and select your homesite. All 13 are expected to be placed within 90 days of release, with closings funded and title taken to move-in-ready homes.
Why is the pricing below market?
Founders buyers anchor the community's next phase. The 13 homes already exist and already produce resort rental income, so the venture can price entry at ~$600 per square foot for the first thirteen owners while the remaining 71 entitled homesites are developed at market pricing.
What comparable sales support the value?
Emerald Flats across the street (2,300–2,650 sq ft) trades around $2.5M (~$1,000/sq ft); SeaGlass Cove on Grassy Key sells from $3.0M (~$1,150/sq ft) with $21M+ sold; the 2025 Marathon single-family average listing runs ~$2.4M (~$1,175/sq ft). Sources: designsource.com, seaglasscovefl.com, PROFILEmiami, flkeysliving.com, rocket.com.
Ready for the package? Call (954) 801-7671
Walk the docks with us — this week
Call the sales gallery to receive the full participation package, the current price release, and a private tour of the thirteen residences.
Reserve today · All 13 placed within 90 days · Move-in ready at closing