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14 125Th Street Gulf, Marathon, FL 33050

$3,599,000
Property Type: Residential Bedrooms: 10 Baths: 9 Square Footage: 6,128 Lot Size (sq. ft.): 74,890 Status: Active
Current Price: $3,599,000 List Date: 4/08/2025 Last Modified: 10/23/2025

Description

Live and/or work in this RARE 100' of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an ACTIVE Conditional Use PERMIT for 10 unit and 4 affordable staff group home units. 6 TBR's are available to add on, more are available. No TDR's required for pure commercial use! This MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. This would make an amazing live-work setup, or re-hab the huge building into whatever your imagination could create. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! Contact Peter and Ewa Schwarz for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water!

More Information MLS# 614550

Contract Information

Listing Board: Florida Keys Current Price: $3,599,000 Listing Date: 2025-03-10 List Price: $3,599,000

Location, Tax & Legal

City: MARATHON Mile Marker: 53 Marathon Neighborhood: Vaca East (Vaca to Coco) Side: Bay/Gulf Flood Zone: AE,AE,VE,VE Alternate Key #: 1117439 Parcel #: 00100540-000000 Zoning: MU - Mixed Use Commercial Mixed Use Deed Restrictions: Unknown Legal: 5 66 33 FAT DEER KEY PT LOT 3 AND PT GOVT LOT 3 (AKA PT OLD ST RD 4A) G10-176 G21-125 G54-471 OR396-339 OR495-829 OR495 Taxes: 26626.89 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 14 Street Name: 125Th Street Gulf Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Fat Deer Key (53.0) Area: 18 - East of Holiday Inn US #1 & Coco Plum

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 3 Lot SqFt: 74890 Pool: No Lot Sqft Source: Property Data Card Total Units: 10 Acres: 1.57 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Multi-Units Year Built: 1995 Living Apx SqFt: 6128 Total Bedrooms: 10 Full Baths: 9 Total Baths: 9

Remarks & Misc

Remarks – Consumer: Live and/or work in this RARE 100' of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an ACTIVE Conditional Use PERMIT for 10 unit and 4 affordable staff group home units. 6 TBR's are available to add on, more are available. No TDR's required for pure commercial use! This MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. This would make an amazing live-work setup, or re-hab the huge building into whatever your imagination could create. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! Contact Peter and Ewa Schwarz for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water! Directions: Bayside off of US 1

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock: Other

Tax Exemptions

None: 1

Appliances

No Appliances: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Bay Front: 1 Gulf Front: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Ocean View: 1 Open Water View: 1

Floor

Concrete: 1

Neighborhood Feature

Airstrip: 1 Bike Paths: 1 Community Boat Ramp: 1

Building Style

Above Flood: Unknown Other Bldg Style: 1

Windows/Doors

Aluminum Windows: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1 RV Parking Open: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

CBS: 1 Concrete: 1

Land Size

1 Less Than 2 Acres: 1

Furnished

Unfurnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Roof

Concrete Roof: 1

Accessibility Feat

Parking: 1 Wheelchair Ramp: 1

Shutters

Accordion: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Ocean View; Open Water View Building Style: Other Bldg Style Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Unfurnished Cooling: Central Air Utilities: FKAA; Municipal Sewer Appliances: No Appliances Accessibility Feat: Parking; Wheelchair Ramp Construction: CBS; Concrete Shutters: Accordion Floor: Concrete Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Bike Paths; Community Boat Ramp Land Size: 1 Less Than 2 Acres

Documents

Listing Office: LoKation Real Estate
Last Updated: October - 23 - 2025
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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