$3,999,000
$2M PRICE DROP

14 125th Street Gulf Marathon, FL 33050

Estimated payment $24,369/month

Total Views 5,948
10 Beds
9 Baths
6,128 Sq Ft
$653 Price per Sq Ft

Highlights

  • Airstrip
  • Boat Ramp
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Property fronts gulf or ocean
  • 1-minute walk to Curry Hammock State Park

About This Home

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!

Listing Agent

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618 Listed on: 03/10/2025

LoKation Real Estate

Co-Listing Agent

Ewa Schwarz

LoKation Real Estate License #3054704

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,627

Year Built

  • Built in 1995

Lot Details

  • 1.57 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

Property Views

  • Ocean
  • Gulf

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 6,128 Sq Ft Home
  • Concrete Flooring
  • Complete Accordion Shutters

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Accessible Home Design

  • Accessible Ramps
  • Accessible Parking

Outdoor Features

  • Airstrip
  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00100540-000000

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Fat Deer Key Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,627

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Other
  • Document Count: 12
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: Yes
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 26626.89
  • Vehicle Storage: Open Parking, RV Parking Open, Trailer Storage, Off Street Parking, Guest Parking
  • Year Built: 1995
  • Alternate Key Number: 1117439
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Lot Sq Ft: 74890.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 6128.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Appliances: No Appliances
  • Floor: Concrete
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 10
  • Accessibility Features: Parking, Wheelchair Ramp
  • Sq Ft Remarks: Plans for additional 10 units approved with 4 affordable housing

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View, Bay/Gulf View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE
  • Parcel Number: 00100540-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.57

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 10.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,435 $2,963,352 $2,348,550 $614,802
2023 $21,435 $2,554,751 $1,950,362 $604,389
2022 $18,764 $1,998,210 $1,393,116 $605,094
2021 $10,105 $1,021,655 $221,943 $799,712
2020 $11,354 $1,054,054 $221,943 $832,111
2019 $11,371 $1,054,368 $221,943 $832,425
2018 $10,262 $976,579 $221,943 $754,636
2017 $10,288 $976,894 $0 $0
2016 $11,648 $1,085,485 $0 $0
2015 $1,089 $1,126,552 $0 $0
2014 $1,089 $1,137,713 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $3,999,000 -27.3% --
03/10/2025 03/10/25 For Sale $5,500,000 +89.7% --
06/06/2023 06/06/23 Sold $2,900,000 -3.3% $473 / Sq Ft
11/30/2022 11/30/22 Price Changed $3,000,000 -9.1% $490 / Sq Ft
06/13/2022 06/13/22 Price Changed $3,300,000 -5.7% $539 / Sq Ft
01/24/2022 01/24/22 For Sale $3,500,000 -- $571 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $200,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $195,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Warranty Deed $195,000 None Listed On Document
Special Warranty Deed $2,900,000 None Listed On Document
Special Warranty Deed $2,900,000 None Listed On Document
Special Warranty Deed $1,600,000 Attorney
Special Warranty Deed $1,600,000 None Listed On Document
Warranty Deed $1,300,000 Attorney
Warranty Deed $1,000,000 --
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Commercial
Previous Owner $175,000 Commercial
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 614550

Florida Keys Board of REALTORS®

APN: 00100540-000000

Florida Monroe County Marathon 33050

14 125th Street Gulf, Marathon, FL

This home is located at 14 125th Street Gulf, Marathon, FL 33050 and is currently priced at $3,999,000, approximately $652 per square foot. This property was built in 1995. 14 125th Street Gulf is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Peter Schwarz-Top Producer
Listing Agent
Peter Schwarz-Top Producer
Section Image
LoKation Real Estate
(305) 394-5171