122ND Street Gulf, Marathon, FL 33050

$200,000

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Property Type: Vacant Land Lot Size (sq. ft.): 3,150 Status: Closed

Current Price: $200,000 List Date: 9/11/2026 Last Modified: 10/27/2026

Overview

Description

Excellent opportunity to build your dream home in the Florida Keys. This vacant lot on 122nd Street Gulf includes one Transferable Building Right (TBR), offering exceptional value and flexibility for future development. The lot measures approximately 52.5 feet wide by 60 feet deep and is located directly across from Martin Luther Church. Enjoy open-water views from future construction and convenient access to marinas, dining, and shopping. This is the lowest-priced lot with a TBR currently available in the City of Marathon, making it an outstanding investment or build opportunity in the heart of the Florida Keys.

Listing Details MLS# 616854

Location, Tax & Legal

Street Name: 122ND
Street Suffix: Street Gulf
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Hawaiian Village (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
City: MARATHON
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Vaca East (Vaca to Coco)
Side: Bay/Gulf
Flood Zone: AE-9
Alternate Key #: 1439649
Parcel #: 00357610-000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: BKC LT 13 HAWAIIAN VILLAGE PB 4-70 FAT DEER KEY
Taxes: 937.94
Tax Year: 2024

Contract Information

Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: No
Lot SqFt: 3150
Lot Sqft Source: Property Data Card
Total Lots: Yes
Control Depth: 0

Status Change Info

Under Contract Date: 2026-04-30
Sold Date: 2026-10-27

Miscellaneous Info

Mobile Home Lot: No
Rogo W/Letter: Yes

Auction Info

Auction: No

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Excellent opportunity to build your dream home in the Florida Keys. This vacant lot on 122nd Street Gulf includes one Transferable Building Right (TBR), offering exceptional value and flexibility for future development. The lot measures approximately 52.5 feet wide by 60 feet deep and is located directly across from Martin Luther Church. Enjoy open-water views from future construction and convenient access to marinas, dining, and shopping. This is the lowest-priced lot with a TBR currently available in the City of Marathon, making it an outstanding investment or build opportunity in the heart of the Florida Keys.

Assoc/Misc Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

None: Yes

Tax Exemptions

None: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Neighborhood Feature

Airstrip: Yes
Beach: Yes

Land Size

Less Than 1/4 Acre: Yes

Property Features

Tax Exemptions: None Waterfront: None Dockage: None Waterview: No Waterview Neighborhood Feature: Airstrip; Beach Land Size: Less Than 1/4 Acre

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: October - 27 - 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.

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