Press release
Engel & Völkers Florida Keys and Waters Edge Homes Unveil Azure Point at Shipman Point Enclave
Engel & Völkers Florida Keys today announced the listing of Azure Point located in Shipman Point Enclave, a luxury oceanfront enclave located 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 will offer four bedrooms and three and a half bathrooms, and construction scheduled to begin soon - buyers have a limited window to collaborate directly with the builder and personalize select finishes before completion.The floor plan centers on a dramatic open-to-below design with floor-to-ceiling glass and panoramic Gulf views throughout. The custom estate enclave will include 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 seeking a private waterfront retreat, multigenerational families drawn to the casita, seasonal buyers who can take advantage of Marathon's weekly rental allowance, and international buyers arriving through the area's nearby private airport.
"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 and listing agent 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, led by founder Michael Aranda Jr. A licensed General Contractor and real estate professional with more than two decades of experience, including the most recent Latitude 24 and The Reserve at Sombrero Beach, also located in Marathon. Waters Edge Homes has built custom waterfront properties throughout the Keys for 14 years across three tiers: vacation residences, executive series, and custom estates. Aranda's team is now leading the company's 2025 expansion into unincorporated Monroe County and continues to offer its clients legacy properties and lasting value.
"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."
Azure Point at Shipman Point Enclave is now available through Engel & Völkers Florida Keys. Full listing details are available at 4800 Overseas Highway, Marathon, FL 33050. For more information, including pricing, availability, and personalization options, contact Stephany Duvall.
For further information please contact:
Stephany Duvall, License Partner
Engel & Volkers Florida Keys
(407) 256-9614
stephany.duvall@evrealestate.com
Engel & Völkers Marathon
1477 Overseas Highway Marathon, FL 33050 United States
Stephany Duvall
(407) 256-9614
stephany.duvall@evrealestate.com
About
Engel & Völkers Florida Keys is led by License Partner Stephany Duvall, following her 2023 acquisition and repositioning of Engel & Völkers Islamorada and the subsequent launch of Engel & Völkers Marathon. Duvall brings more than 20 years of high-level sales, training, and leadership experience to the brand's presence in the Keys, having achieved more than $350 million in career sales and earned recognition including 2024 Realtor of the Year for the Florida Keys MLKAR. Engel & Völkers Florida Keys expanded into Key West with co-owner and license partner Derek Epperly in 2026, growing its network of advisors across Islamorada, Marathon, and the surrounding Keys while offering clients the personalized service, global reach, and market expertise the Engel & Völkers brand is known for.
Engel & Völkers Florida Keys benefits from a robust marketing approach that blends traditional and modern methods, ongoing training programs for real estate professionals, and a collaborative global network spanning more than 40 Florida markets - from iconic destinations and coastal retreats to thriving metropolises and quaint towns.
Engel & Völkers is a global luxury real estate brand founded in Hamburg, Germany, in 1977. Drawing on its European heritage, Engel & Völkers delivers a fresh approach to luxury real estate in the Americas, with a focus on personalized client experiences at every stage of the home buying or selling process. The brand currently operates approximately 300 shop locations with over 6,500 real estate advisors across the Americas, contributing to a global network of more than 16,600 real estate professionals in over 30 countries. Engel & Völkers offers both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting, supported by premium business services, marketing programs and platforms, and access to global property listings and market data. Each brokerage is independently owned and operated.
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