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122ND Street Gulf, Marathon, FL 33050

$225,000
Property Type: Vacant Land Lot Size (sq. ft.): 3,150 Status: Active
Current Price: $225,000 List Date: 10/13/2025 Last Modified: 3/24/2026

Overview

Description

Excellent opportunity to build your dream home in the Florida Keys. This vacant lot on 122nd Street Gulf includes one Transferable Building Right (TBR), offering exceptional value and flexibility for future development. The lot measures approximately 52.5 feet wide by 60 feet deep and is located directly across from Martin Luther Church. Enjoy open-water views from future construction and convenient access to marinas, dining, and shopping. This is the lowest-priced lot with a TBR currently available in the City of Marathon, making it an outstanding investment or build opportunity in the heart of the Florida Keys.

Listing Details MLS# 616854

Location, Tax & Legal

Street Name
122ND
Street Suffix
Street Gulf
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Hawaiian Village (53.5)
Area
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
City
MARATHON
Off Shore Island
No
Mile Marker
53.5
Marathon Neighborhood
Vaca East (Vaca to Coco)
Side
Bay/Gulf
Flood Zone
AE-9
Alternate Key #
1439649
Parcel #
00357610-000000
Zoning
RM - Residential Medium
Deed Restrictions
Unknown
Legal
BKC LT 13 HAWAIIAN VILLAGE PB 4-70 FAT DEER KEY
Taxes
937.94
Tax Year
2024

Contract Information

Listing Board
Marathon/Lower Keys
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
No
Lot SqFt
3150
Lot Sqft Source
Property Data Card
Total Lots
Yes
Control Depth
0

Miscellaneous Info

Mobile Home Lot
No
Rogo W/Letter
Yes

Auction Info

Auction
No

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Excellent opportunity to build your dream home in the Florida Keys. This vacant lot on 122nd Street Gulf includes one Transferable Building Right (TBR), offering exceptional value and flexibility for future development. The lot measures approximately 52.5 feet wide by 60 feet deep and is located directly across from Martin Luther Church. Enjoy open-water views from future construction and convenient access to marinas, dining, and shopping. This is the lowest-priced lot with a TBR currently available in the City of Marathon, making it an outstanding investment or build opportunity in the heart of the Florida Keys.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

None
Yes

Tax Exemptions

None
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Neighborhood Feature

Airstrip
Yes
Beach
Yes

Land Size

Less Than 1/4 Acre
Yes

Property Features

Tax Exemptions: None Waterfront: None Dockage: None Waterview: No Waterview Neighborhood Feature: Airstrip; Beach Land Size: Less Than 1/4 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: March - 24 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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