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$1,400,000
206 12Th Street Gulf Street
Marathon, FL 33050
MLS# 618740
10 beds  |  5 baths  |  2536 sqft


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Property 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.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $1,400,000
Listing Date: 2026-02-19
List Price: $1,400,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Multi-family
Waterfront: Yes
Control Depth: 5
Lot Size: 50 X 152
Lot SqFt: 7840
Pool: No
Lot Sqft Source: Tax Records
Total Units: 5
Acres: 0.18
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 7
Style: Multi-Units
Year Built: 1949
Living Apx SqFt: 2536
Total Bedrooms: 10
Full Baths: 5
Total Baths: 5
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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 50
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Property Condition
Fixer Upper: 1
Building Style
Above Flood: Unknown
Conch: 1
Ground Level: 1
Vehicle Storage
Off Street Parking: 1
Security
Patrolled Area: 1
Construction
Combo Construction: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Cable Available: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Deck: 1
Title
Title Ins - Buyer: 1
Roof
Combo Roof: 1
Financial Status
Standard Sale: Yes
Status Change Info
Status: Active
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.