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206 12Th Street Gulf Street, Marathon, FL 33050

New Listing
$1,400,000
Property Type: Residential Bedrooms: 10 Baths: 5 Square Footage: 2,536 Lot Size (sq. ft.): 7,840 Status: Active
Current Price: $1,400,000 List Date: 2/20/2026 Last Modified: 2/20/2026

Description

THIS UNIQUE WATERFRONT PROPERTY HAS 5 units on the property and all are long term rentals. There are 5 BUILDING RIGHTS that come with this property (please ask Listing Agents for details.

More Information MLS# 618740

Contract Information

Current Price: $1,400,000 Listing Date: 2026-02-19 Listing Board: Marathon/Lower Keys List Price: $1,400,000 As is Rght to Inspct: Yes Species List: No

Location Tax Legal

Street #: 206 Street Name: 12Th Street Gulf Street Suffix: Street Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Halls Sub (48.0) Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Multi-family Style: Multi-Units Waterfront: Yes Control Depth: 5 Pool: No Year Built: 1949 Total Units: 5 Lot Size: 50 X 152 Lot SqFt: 7840 Lot Sqft Source: Tax Records Acres: 0.18 Living Apx SqFt: 2536 SqFt Source: Tax Records Total Bedrooms: 10 Full Baths: 5 Total Baths: 5 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

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

Dockage

Dock Length: 50 Seawall: Concrete

Building Style

Above Flood: Unknown

Financial Status

Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front Waterview: Bay/Gulf View; Open Water View Property Condition: Fixer Upper Building Style: Conch; Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Utilities: Cable Available; FKAA; Municipal Sewer Appliances: Range; Refrigerator Construction: Combo Construction Roof: Combo Roof Pets: Pets Allowed Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: February - 20 - 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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