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14 125Th Street Gulf, Marathon, FL 33050

$3,549,000
Property Type: Residential Bedrooms: 10 Baths: 9 Square Footage: 6,128 Lot Size (sq. ft.): 74,890 Status: Active
Current Price: $3,549,000 List Date: 4/08/2025 Last Modified: 3/09/2026

Overview

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 approved 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 RECERTIFIED 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 priv ...

Listing Details MLS# 614550

Location, Tax & Legal

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
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

Contract Information

Listing Board
Florida Keys

General Property Description

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

Association Info

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

Dockage

Dock
Other

More Information

Building Style

Above Flood
Unknown
Other Bldg Style
Yes

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 approved 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 RECERTIFIED 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

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

No Appliances
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Waterfront

Bay Front
Yes
Gulf Front
Yes
Open Water
Yes

Waterview

Bay/Gulf View
Yes
Ocean View
Yes
Open Water View
Yes

Floor

Concrete
Yes

Neighborhood Feature

Airstrip
Yes
Bike Paths
Yes
Community Boat Ramp
Yes

Windows/Doors

Aluminum Windows
Yes

Vehicle Storage

Guest Parking
Yes
Open Parking
Yes
RV Parking Open
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

1 Less Than 2 Acres
Yes

Furnished

Unfurnished
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes
Patio
Yes

Roof

Concrete Roof
Yes

Accessibility Feat

Parking
Yes
Wheelchair Ramp
Yes

Shutters

Accordion
Yes

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
Listing Office: LoKation Real Estate - Pompano Beach
Last Updated: March - 09 - 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.