Private · Confidential · An Invitation
The Founders' 30 — reserve one of the first thirty residences at Marlin Bay Yacht Club, Marathon, Florida Keys.
The Offer
Reserve one of the first 30 residences for $1,500,000 — and take title to a finished, ultra-high-specification Florida Keys home valued at $2,500,000. One commitment, one of the scarcest fully-entitled addresses in the country.
The Opportunity · 01
Marlin Bay Resort & Marina sits in the heart of Marathon — the midpoint and commercial center of the Keys, with more than 60 restaurants, 870,000 SF of retail, and a regional hospital close at hand. The property spans 7.58 upland acres plus 6.22 acres of submerged leasehold, wrapped around a comprehensive 99-slip marina.
Under a Development Agreement recorded with the City of Marathon in February 2024, Marlin Bay is fully entitled and approved for 84 single-family homes. New development in the Keys is tightly capped by Florida's Rate of Growth Ordinance — making fully-approved homesites here among the scarcest, highest-barrier-to-entry real estate in the country.
Resort & Marina · 02
Your home joins a proven community — not a blank field. A 4,000 SF beach-entry pool, a 7,637 SF clubhouse with fitness, steam & sauna, the Sunset Point observation tower, and a 99-slip deep-water marina are all here today.
Life at Marlin Bay · 03
Beyond the water, Marlin Bay is built for connection. The 7,637 SF clubhouse anchors the social life of the community — a club room and bar, billiards, fitness, steam & sauna — while casual and fine dining and famous Keys sunsets fill the days.
The Community · 04
Marlin Bay is a warm, open waterfront community — designed for anyone who loves the resort life in the Florida Keys. It is also one of the only places of its kind built so that Jewish families never have to choose between that lifestyle and keeping kosher: full kosher dining, amenities, and Shabbat-friendly services are available to those who want them — woven naturally into a community everyone is welcome to call home.
By the team behind G7 Hospitality — elevated kosher cuisine on the water.
From a poolside lunch to a Shabbat dinner — every occasion covered.
Full kosher amenities and services for those who want them — available, never required.
A walkable, welcoming waterfront enclave.
Activities, events, and a relaxed resort feel for all ages.
Clubhouse, fitness, spa, pools, and a 99-slip deep-water marina.
A Joint Venture · Equishares × BSD Capital
Signature Dining · 05
Marlin Bay's signature restaurant comes from the team behind G7 Rooftop — the acclaimed kosher destination perched above Hollywood's Guitar Hotel, where Japanese-fusion cuisine meets skyline views.
Here they're creating something rare in the Florida Keys: a true dining destination that is fully kosher, with an elevated fine-dining room and relaxed, all-day casual options — a genuine draw in its own right, and open to every guest.
Your Residence · 06
Detached three-story homes on waterfront and marina-side homesites — built to the standard of Marlin Bay's existing residences, engineered for the Keys and finished to an ultra-high specification.
Choose Your Homesite
As a Founders' 30 participant you choose your own lot from the Marlin Bay site plan — while the best waterfront, marina-side, and pool-adjacent positions are still open.
The Investment Case · 07
Founders reserve at roughly $600 / sq ft — well below comparable new construction in Marathon, which trades at $1,000–$1,175 / sq ft. The completed ~2,500 sq ft home is valued at about $2.5M and can generate Florida Keys vacation-rental income.
| Project | Size | Pricing | ~ $/sq ft | Rental / notes |
|---|---|---|---|---|
| Marlin Bay — Founders' 30 | ~2,500 sq ft | $1.5–1.6M entry · ~$2.5M value | ~$600 entry / $1,000 value | Reserve below market |
| Emerald Flats (across the street) | 2,300–2,650 sq ft | ~$2.5M | ~$1,000 | ~$200k annual rental |
| SeaGlass Cove (Grassy Key) | 2,950–4,800 sq ft | from $3.0M ($3.40M Hawk) | ~$1,150 | $21M+ sold |
| Marathon single-family (2025 market) | — | avg listing ~$2.4M | ~$1,175 | Luxury demand rising |
Built-in equity, then income. At delivery the early Founders position carries roughly $1,000,000 of built-in value ($1.5M cost vs. ~$2.5M home). Stabilized, a ~$200,000 gross rental implies net operating income near $120k–$140k after management, taxes, insurance, and expenses — an anticipated cap rate of ~9% on the $1.5M Founders cost. Marlin Bay's existing 13 homes already operate as weekly vacation rentals. Illustrative only — not a forecast or guarantee. See disclosures.
The Founders' 30 · 08
The earlier you commit, the greater your built-in position. The Founders' 30 is open for 90 days only — the window in which all 30 reservations must be placed.
Commit $1,500,000 to claim a place in the first 30 residences.
Choose your lot from the Marlin Bay site plan while prime positions remain.
Construction completes an estimated 2–3 years from closing, to the Marlin Bay standard.
Your commitment is satisfied with a completed home carrying an estimated $2,500,000 value.
Each block of five residences is released $20,000 above the block before it. All 30 carry the same estimated $2,500,000 completed value — so the earlier you commit, the greater your built-in position.
| Homes | Reservation price | Est. built-in value* |
|---|---|---|
| Homes 1–5 | $1,500,000 | +$1,000,000 |
| Homes 6–10 | $1,520,000 | +$980,000 |
| Homes 11–15 | $1,540,000 | +$960,000 |
| Homes 16–20 | $1,560,000 | +$940,000 |
| Homes 21–25 | $1,580,000 | +$920,000 |
| Homes 26–30 | $1,600,000 | +$900,000 |
*Illustrative only. Based on a $2,500,000 estimated completed value less the reservation price. Not a guarantee of value, resale price, or appreciation. See disclosures.
Thirty families will be first into one of the most significant fully-entitled developments in the Florida Keys. Below is how you join them.
Reserve Your PlaceReserve Your Place
Express interest and we'll send you the full participation package and the current price release. No obligation.