For sale

$1,400,000

206 12th St, Marathon, FL 33050

10beds

2,536sqft

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Multi Family

Built in 1949

-- sqft lot

$-- Zestimate^®

$552/sqft

$-- HOA

What's special

Waterfront property

THIS UNIQUE WATERFRONT PROPERTY HAS5 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.

132 days

354

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5

Appliances

Included: Refrigerator, Range

Interior area

Total interior livable area: 2,536 sqft

Property

Parking

Parking features: Off Street

Features

Levels: Ground Level
Patio & porch: Deck
Has view: Yes
View description: Bay/Gulf View, Water
Has water view: Yes
Water view: Bay/Gulf View,Water
Waterfront features: Bay Front, Gulf Front, Waterfront, Seawall: Concrete, Dock Length: 50

Lot

Size: 7,840 Square Feet
Dimensions: 50 x 152
Features: Less Than 1/4 Acre

Details

Parcel number: 00101600000000
Zoning: RM
Zoning description: Residential Medium
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Conch
Property subtype: Multi Family

Materials

Combo Construction
Roof: Combo Roof

Condition

Fixer
New construction: No
Year built: 1949

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA, Cable Available

Community & HOA

Community

Security: Patrolled Area
Subdivision: Halls Sub (48.0)

HOA

Has HOA: No
Services included: None

Location

Region: Marathon

Financial & listing details

Price per square foot: $552/sqft
Tax assessed value: $988,432
Annual tax amount: $9,671
Date on market: 2/20/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$5,645/mo

Price history

Date	Event	Price
2/20/2026	Listed for sale	$1,400,000+954.2%$552/sqft
Source: Key West AOR #618740 Report a problem
5/14/2007	Sold	$132,800-39.6%$52/sqft
Source: Public Record Report a problem
6/21/1999	Sold	$220,000$87/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,671 -0.7%	$595,183 +10%
2024	$9,736 +7.4%	$541,075 +10%
2023	$9,064 +29.4%	$491,886 +10%
2022	$7,005 +9.7%	$447,169 +10%
2021	$6,386 -5.9%	$406,517 -9.8%
2020	$6,785	$450,781 -3.6%
2019	$6,785 +4.4%	$467,441 +3.1%
2018	$6,499 +7.6%	$453,449 -0.2%
2017	$6,041 +4%	$454,241 +1.1%
2016	$5,807 +1.6%	$449,389 +1.4%
2015	$5,718	$443,160

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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