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$3,195,000
MLS# 622010
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Property Description
**RARE WATERFRONT OPPORTUNITY IN EXCLUSIVE YACHT HARBOR ISLAND!** Discover one of Marathon's most desirable waterfront homesites, perfectly positioned on Vaca Cut with breathtaking sunset views and direct boating access to both the Atlantic Ocean and Gulf. Offered for sale for the first time in nearly 30 years, this oversized lot-and-a-half boasts an impressive 155 feet of water frontage, including 135 feet of brand-new 2026 seawall and a rare 20-foot-wide private boat ramp! This highly desirable feature makes the property a true boater's paradise, offering exceptional convenience and access to world-class fishing and cruising. The existing residence requires redevelopment and is being offered AS-IS. The seller has building plans specifically designed for the property, or bring your own vision to life and create your dream Florida Keys waterfront estate. The expansive lot offers potential space for a resort-style pool, tiki hut, garage, RV parking, boat storage, and more, subject to applicable approvals. This remarkable homesite offers endless possibilities in one of Marathon's most sought-after oceanfront locations!
Details
Contract Information
Listing Board: Marathon/Lower Keys
ROGO Exempt: Yes
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $3,195,000
Listing Date: 2026-11-02
List Price: $3,195,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 53.5
Marathon Neighborhood: Vaca East (Vaca to Coco)
Side: Ocean
Flood Zone: AE
Alternate Key #: 1439843
Parcel #: 00357800-000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: LOT 1 AND UNUMBERED NORTH PARCEL AND NLY 20' LOT 2 AMD AND EXT PLAT OF YACHT HARBOUR ISLAND PB3-154 FAT DEER KEY OR78-21
Taxes: 26217.09
Tax Year: 2025
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Yacht Harbor Island (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 4
Lot SqFt: 13300
Lot Dimensions: X
Lot Sqft Source: Property Data Card
Total Lots: 0
Remarks & Misc
Remarks – Consumer: **RARE WATERFRONT OPPORTUNITY IN EXCLUSIVE YACHT HARBOR ISLAND!** Discover one of Marathon's most desirable waterfront homesites, perfectly positioned on Vaca Cut with breathtaking sunset views and direct boating access to both the Atlantic Ocean and Gulf. Offered for sale for the first time in nearly 30 years, this oversized lot-and-a-half boasts an impressive 155 feet of water frontage, including 135 feet of brand-new 2026 seawall and a rare 20-foot-wide private boat ramp! This highly desirable feature makes the property a true boater's paradise, offering exceptional convenience and access to world-class fishing and cruising.
The existing residence requires redevelopment and is being offered AS-IS. The seller has building plans specifically designed for the property, or bring your own vision to life and create your dream Florida Keys waterfront estate. The expansive lot offers potential space for a resort-style pool, tiki hut, garage, RV parking, boat storage, and more, subject to applicable approvals. This remarkable homesite offers endless possibilities in one of Marathon's most sought-after oceanfront locations!
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
Dock Length: 135
Dock: Concrete
Boat Ramp: 1
Seawall: Concrete
Tax Exemptions
None: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Location/Site
Corner Lot: 1
Water Frontage: 1
Existing Utilities
Electric on Site: 1
Sewer: 1
Street Lights: 1
Water Meter: 1
Security
No Security: 1
Land Size
1/4 - 1/2 Acre: 1
Title
Title Ins - Buyer: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Dockage: Boat Ramp
Waterview: Ocean View; Open Water View
Existing Utilities: Electric on Site; Sewer; Street Lights; Water Meter
Security: No Security
Land Size: 1/4 - 1/2 Acre
Title: Title Ins - Buyer
Listing Office: Engel & Völkers Marathon
Last Updated: November - 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.