Riggs Homes for Sale

Riggs is a residential community in Marathon, Florida.

Pure Equity Realty covers Riggs and the Marathon area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Riggs Marathon homes for sale as of October 2026. The median asking price is $412,000. Asking prices run from $400,000 to $425,000.

That is 62% below the Marathon median of $1.09M. On a per-foot basis, homes here ask about $430 per square foot, compared with $659 across Marathon. So the median price buys roughly 950 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 129 days on the market. That is faster than the Marathon average of 209 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Riggs date from 2020, so they are about 6 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Riggs price means in Florida closing terms. At $412,000, a 20% down payment comes to about $82,000, leaving a loan near $330,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,155. Next, the intangible tax of 0.2% adds about $660. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Riggs median, that is about $2,887.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Riggs listings show assignments to Stanley Switlik (elementary), Marathon (middle) and Coral Shores (high). However, boundaries can change each year, so confirm the assignment for a specific address with the county school district.