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
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 storage, and more, subject to applicable approvals. This remarkable homesite offers endless possibilities in one of Marathon's most sought-after oceanfront locations!
More Information MLS# 621904
Contract Information
Current Price: $3,195,000
Listing Date: 2026-11-02
Listing Board: Marathon/Lower Keys
List Price: $3,195,000
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
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: No
Year Built: 1963
Lot Size: X
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
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 135
Dock: Concrete
Seawall: Concrete
Building Style
Above Flood: Unknown
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.