955 122nd Street Ocean, Marathon, FL 33050

New Listing

$3,195,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,058 Lot Size (sq. ft.): 13,300 Status: Active

Current Price: $3,195,000 List Date: 11/02/2026 Last Modified: 11/03/2026

Overview

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 substantial renovation or 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 stor ... (Read more)

Listing Details MLS# 621904

Location, Tax & Legal

Street #: 955
Street Name: 122nd Street Ocean
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
City: MARATHON
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Vaca East (Vaca to Coco)
Senior Community YN: No
Side: Ocean
Flood Zone: AE
Alternate Key #: 1439843
Parcel #: 00357800000000
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
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: No
Year Built: 1963
Lot SqFt: 13300
Lot Sqft Source: Property Data Card
Acres: 0.3
Living Apx SqFt: 2058
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 7

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Dockage

Dock Length: 135
Dock: Concrete
Seawall: Concrete
Boat Ramp: Yes

More Information

Building Style

Above Flood: Unknown
Ground Level: Yes

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 substantial renovation or 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!

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

No Appliances: Yes

Pets

Pets Allowed: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Property Condition

Fixer Upper: Yes

Vehicle Storage

Carport: Yes
Covered Parking: Yes
Guest Parking: Yes
Open Parking: Yes
RV Parking Open: Yes
Off Street Parking: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

1/4 - 1/2 Acre: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes

Exterior Features

Chickee Hut: Yes

Roof

Tar/Gravel Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Boat Ramp Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open Utilities: Buyer to Verify; FKAA; Municipal Sewer Appliances: No Appliances Exterior Features: Chickee Hut Construction: CBS; Concrete Roof: Tar/Gravel Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre

Listing Office: Engel & Völkers Marathon

Last Updated: November - 03 - 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.

Search powered by FBS Products