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$3,549,000
Marathon, FL 33050
MLS# 614550
10 beds | 9 baths | 6128 sqft
1 / 62
Property 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 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!
Details
Maps
Documents
Contract Information
Listing Board: Florida Keys
Current Price: $3,549,000
Listing Date: 2025-03-10
List Price: $3,549,000
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 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
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
elevation certificate 
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.