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206 12Th Street Gulf Street, Marathon, FL 33050

$1,400,000
Property Type: Residential Bedrooms: 10 Baths: 5 Square Footage: 2,536 Lot Size (sq. ft.): 7,840 Status: Active
Current Price: $1,400,000 List Date: 2/20/2026 Last Modified: 2/20/2026

Overview

Description

THIS UNIQUE WATERFRONT PROPERTY HAS 5 units on the property and all are long term rentals. There are 5 BUILDING RIGHTS that come with this property (please ask Listing Agents for details.

Listing Details MLS# 618740

Location, Tax & Legal

Street #
206
Street Name
12Th Street Gulf
Street Suffix
Street
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Halls Sub (48.0)
Area
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
City
MARATHON
Off Shore Island
No
Mile Marker
48
Marathon Neighborhood
Old Town West (11th to 25th)
Side
Bay/Gulf
Alternate Key #
1118788
Parcel #
00101600000000
Zoning
RM - Residential Medium
Deed Restrictions
Unknown
Legal
Pt Govt Lt 1 Hog Key 8 66 32 Or221-332/34 Or936-418Affd Or936-412/13 Or1030-2073/74 Or1582-1089/90 Or2293-2333/36
Taxes
9671.07
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes
Species List
No

General Property Description

Realtor.COM Type
Multi-family
Style
Multi-Units
Waterfront
Yes
Control Depth
5
Pool
No
Year Built
1949
Total Units
5
Lot SqFt
7840
Lot Sqft Source
Tax Records
Acres
0.18
Living Apx SqFt
2536
SqFt Source
Tax Records
Total Bedrooms
10
Full Baths
5
Total Baths
5
Rentals Allowed
Yes
Min Rental Days
7

Association Info

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

Dockage

Dock Length
50
Seawall
Concrete

More Information

Building Style

Above Flood
Unknown
Conch
Yes
Ground Level
Yes

Financial Status

Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
THIS UNIQUE WATERFRONT PROPERTY HAS 5 units on the property and all are long term rentals. There are 5 BUILDING RIGHTS that come with this property (please ask Listing Agents for details.
Directions
Take a Rt onto 12th St Gulf and property #206 is first residential property.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Waterfront

Bay Front
Yes
Gulf Front
Yes

Waterview

Bay/Gulf View
Yes
Open Water View
Yes

Property Condition

Fixer Upper
Yes

Vehicle Storage

Off Street Parking
Yes

Security

Patrolled Area
Yes

Construction

Combo Construction
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Cable Available
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Deck
Yes

Title

Title Ins - Buyer
Yes

Roof

Combo Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front Waterview: Bay/Gulf View; Open Water View Property Condition: Fixer Upper Building Style: Conch; Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Utilities: Cable Available; FKAA; Municipal Sewer Appliances: Range; Refrigerator Construction: Combo Construction Roof: Combo Roof Pets: Pets Allowed Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: February - 20 - 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.