$3,549,000
Marathon, FL 33050
MLS# 614698
1 / 67
Property Description
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! 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. 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
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $3,549,000
Listing Date: 2025-03-19
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
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: Multi-Family
Waterfront: Yes
Control Depth: 6
Lot SqFt: 74890
Total Lots: 0
Remarks & Misc
Remarks – Consumer: 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! 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. 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!
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
Dock Length: 74
Dock Permit: Yes
Tax Exemptions
None: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay View: 1
Ocean View: 1
Open Water View: 1
Location/Site
Cleared Site: 1
Fenced: 1
Highway Frontage: 1
Water Frontage: 1
Existing Utilities
Electric on Site: 1
Sewer: 1
Street Lights: 1
Water Line: 1
BuildingPermit
Active Permit: 1
Other Permit: 1
Land Size
1 Less Than 2 Acres: 1
Terms
Buyer Obtain Finance: 1
Title
Negotiable: 1
Property Rights
Misc Property Rights: 1
Multi-Use/Commercial: 1
Tranfrble Comm SqFt: 1
Transfer Bldg Rights: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Oceanfront; Open Water
Waterview: Bay View; Ocean View; Open Water View
Existing Utilities: Electric on Site; Sewer; Street Lights; Water Line
BuildingPermit: Active Permit; Other Permit
Land Size: 1 Less Than 2 Acres
Terms: Buyer Obtain Finance
Title: Negotiable
Property Rights: Misc Property Rights; Multi-Use/Commercial; Tranfrble Comm SqFt; Transfer Bldg Rights
zoning info chart 
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.