Home » Marathon » 14 125th Street Gulf, Marathon, Florida 33050 | A11150896

14 125th Street Gulf, Marathon, Florida 33050 | Sold

$3,000,000
closed for a price of $2,900,000

Property Highlights

Listing ID A11150896 Status of this Listing: Closed Sold Property Type Land Residential Lot area 68,290 Sqft/6344.35 m2 approx. Waterfront Has view of the Ocean Time of this property from published date until Closing Date 498 Days
18 Photos of this Property

14 125th Street Gulf, Marathon, Florida 33050

Property Description: The property is 1.56 AC of land, currently with a 6,128 SF vacant office building formerly occupied by a church, built in 2000. Zoning is Sub-Residential with underlying Mixed Use. The land has complete access to the ocean with about 100 feet of frontage. There are many ways the property could be developed but building a single family home in the back and keeping the building with the commercial zoning leased in the front could create cashflow while having an extraordinaire location for your dream house within the Florida Keys. (other uses like affordable units and market rate development can be also accomplished).

Useful Info

Previous Asking Price:$3,300,000
Original List Price:$3,500,000
Close Price:$2,900,000

Land Lot (Parcel) Details

Number of Lots:2
Lot Size Acres:1.6
Lot Features:
  • 1-2 Acres
Lot Size Unit:Square Feet

Property Features

View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Access
Frontage Length:100
Building Features:
  • Other
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$10,105

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021

Terms

Documents Available:
  • Aerial
  • Survey
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:N/A
Senior Community:No
Development Status:
  • Other

Parking

Covered Spaces:0

More Details

Other Information:
Buyer Country of Residence: USA
Water Access: Private Dock
Buy State: South Carolina
Flood Zone : AE,VE
FEMA Flood Zone Designations: AE,VE

Zoning and Legal

Tax Legal Description:5 66 33 FAT DEER KEY PT LOT 3 AND PT GOVT LOT 3 (AKA PT OF ST RD NO 5 (US1) OR495-829 OR495-830 OR926-1264/66 OR1068-15/16 OR1068-818/19 OR1
Real Estate Folio Number (Parcel Number):00100540-000000
Zoning Description:SR

Listing History

Update/EventDate/Days
Published Date:January 24, 2022 12:00 am
On Market Date:January 24, 2022
Close Date:June 6, 2023
Price Change Date Time:November 30, 2022 9:21 am
Last Important Update Description:Closed
Date and Time of Last Important Update:June 16, 2023 4:30 pm
Status Last Changed:June 16, 2023 4:30 pm
Photos Last Modified:January 24, 2022 9:22 pm
Last Modified:June 16, 2023 8:31 pm
Days on the Market (updated on Last Modified*):397
Cumulative Days on the Market (updated on Last Modified**):397

Additional Information

Lot Size Range:1 To Less Than 2 Acre Lot
Number of Photos Count:18
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:98 Florida Keys
Ref ID:1011890010
Courtesy of:Keller Williams Realty SW
Universal Property Id:US-12087-N-00100540000000-R-N

Location

Show Property Address:Yes
Street Name:125th Street Gulf
Street Number:14
Street Address:14 125th Street Gulf
City : Marathon
State : Florida
Zip Code : 33050
County : Monroe County
Full Address:14 125th Street Gulf, Marathon, Florida 33050
Latitude:N24° 43' 56.1''
Longitude:W82° 58' 30.4''

Neighborhood

Postal City:Marathon

Property Map