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Sold for $1,300,000
  • $1,300,000

    435 121st St, Marathon, FL 33050

    3beds
    1,731sqft
    Single Family Residence
    Built in 1981
    6,534 Square Feet Lot
    $1,301,100 Zestimate®
    $751/sqft
    $4,742 Estimated rent

    Home value

    $1,301,100

    $1.13M - $1.50M

    $4,742/mo

    Zestimate® history
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    What's special

    Waterfront propertySpectacular unobstructed views
    Endless Views, Endless Possibilities - Your Waterfront Dream Home Awaits!This unique waterfront property, designed in the shape of a riverboat, offers an exceptional opportunity to create your ideal coastal retreat. Nestled on a prime 6,500 sq ft lot, the home boasts spectacular, unobstructed views of the Gulf of Mexico from nearly every room, with a living area lined with windows that frame the breathtaking scenery.Still owned by the family who originally built it, this fixer-upper is a rare canvas for those with vision and a passion for customization. Whether you choose to renovate and transform the current structure or demolish and build your dream home from the ground up, the possibilities are truly endless. With plenty of space for a pool, tiki bar, or outdoor entertainment area, this property provides the perfect backdrop for luxurious waterfront living.Located on sought-after Vaca Cut, you'll have quick access to both the Ocean and the Gulf, offering unparalleled convenience for boating and water enthusiasts. The sellers are highly motivated, so don't miss your chance to secure this one-of-a-kind property and create your very own piece of paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Ann Boyanton P.A. 305-304-9414,

    LPT Realty, LLC

    Bought with:

    Caitlin McKinney, SL3348825

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 612989MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Refrigerator, Microwave, Oven, Range
    Features
    • Elevator
    • Flooring: Tile, Other
    • Windows: Drapes/Blinds Incl, Single Hung Windows, Accordion
    Interior area
    • Total interior livable area: 1,731 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Open
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Storage
    • Has view: Yes
    • View description: Bay/Gulf View, Water
    • Has water view: Yes
    • Water view: Bay/Gulf View,Water
    • Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Seawall: Rip Rap
    Lot
    • Size: 6,534 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00357540000000
    • Zoning: RM
    • Zoning description: Residential Medium

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Concrete
    Condition
    • Fixer
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA, Buyer to Verify

    Community & neighborhood

    Security
    • Security features: Patrolled Area
    Community
    • Community features: Airport/Runway, Bike Paths
    Location
    • Region: Marathon
    • Subdivision: Hawaiian Village (53.5)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: No Seller Finance,Cash,Conventional

    Price history

    DateEventPrice
    11/14/2025Sold$1,300,000$751/sqft
    Source: FLKMLS #612989 Report a problem
    10/20/2025Pending sale$1,300,000$751/sqft
    Source: FLKMLS #612989 Report a problem
    9/16/2025Contingent$1,300,000$751/sqft
    Source: FLKMLS #612989 Report a problem
    9/9/2025Price change$1,300,000-18.8%$751/sqft
    Source: FLKMLS #612989 Report a problem
    1/6/2025Listed for sale$1,600,000-5.9%$924/sqft
    Source: MLKAR #612989 Report a problem
    9/2/2024Listing removed$1,700,000$982/sqft
    Source: Key West AOR #610540 Report a problem
    6/24/2024Listed for sale$1,700,000-5.5%$982/sqft
    Source: FLKMLS #610540 Report a problem
    4/15/2024Listing removed--
    Source: FLKMLS #606041 Report a problem
    12/1/2023Price change$1,799,000-0.1%$1,039/sqft
    Source: MLKAR #606041 Report a problem
    7/20/2023Listed for sale$1,800,000+80%$1,040/sqft
    Source: FLKMLS #606041 Report a problem
    2/21/2020Listing removed$1,000,000$578/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #584382 Report a problem
    11/12/2019Price change$1,000,000+33.3%$578/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #584382 Report a problem
    3/29/2019Price change$750,000-15.3%$433/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #584382 Report a problem
    2/21/2019Listed for sale$885,000$511/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #584382 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,082 +2.3%$911,175 +6.9%
    2024$8,882 +3.3%$852,032 +6.9%
    2023$8,595 +9.9%$797,252 +6.8%
    2022$7,822 +6.8%$746,791 +6.6%
    2021$7,325 +3.4%$700,277 +5.7%
    2020$7,084 $662,514 -4.2%
    2019$7,084 -3.9%$691,583 -5.1%
    2018$7,370 -1.5%$728,484 -3.4%
    2017$7,479 -3.2%$753,876 +7.2%
    2016$7,726 +38.6%$703,425 +10.4%
    2015$5,576 $637,333

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,301,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,301,100