**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!
For sale
$3,195,000
955 122nd St, Marathon, FL 33050
3beds
2,058sqft
Single Family Residence
Built in 1963
0.3 Acres Lot
$3,083,200 Zestimate®
$1,552/sqft
$-- HOA
What's special
Waterfront homesiteBreathtaking sunset viewsOversized lot-and-a-half
- 6 days
- 320
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Stephany Duvall 407-256-9614,
Engel & Völkers Marathon
Source: FLKMLS,MLS#: 621904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: None
Interior area
- Total structure area: 2,058
- Total interior livable area: 2,058 sqft
Property
Parking
- Parking features: Open, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: Ground Level
- Exterior features: Chickee Hut
- On waterfront: Yes
Lot
- Size: 0.3 Acres
Details
- Parcel number: 00357800000000
- Zoning: RM - Residential Medium
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
Condition
- Fixer
- New construction: No
- Year built: 1963
Community & HOA
Community
- Subdivision: Yacht Harbor Island (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $1,552/sqft
- Tax assessed value: $3,021,726
- Annual tax amount: $26,217
- Date on market: 11/2/2026
Estimated market value
$3,083,200
$2.93M - $3.24M
$5,065/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Listed for sale | $3,195,000+849.5%$1,552/sqft |
Source: | ||
| 3/20/1996 | Sold | $336,500$164/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,217 +406.8% | $3,021,726 +453.8% |
| 2024 | $5,173 +1.9% | $545,586 +3% |
| 2023 | $5,076 +1.5% | $529,696 +3% |
| 2022 | $5,000 -1.2% | $514,268 +3% |
| 2021 | $5,059 +2.8% | $499,290 +1.4% |
| 2020 | $4,919 | $492,397 +2.3% |
| 2019 | $4,919 +2.2% | $481,327 +1.9% |
| 2018 | $4,812 +5.4% | $472,353 +2.1% |
| 2017 | $4,565 +2% | $462,638 +2.1% |
| 2016 | $4,475 -0.9% | $453,123 +0.7% |
| 2015 | $4,514 | $449,973 |
Find assessor info on the county website
Monthly payment
Est. payment






