435 121ST St Gulf, Marathon, FL 33050

$1,300,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,731 Lot Size (sq. ft.): 6,500 Status: Closed
Current Price: $1,300,000 List Date: 1/06/2025 Last Modified: 11/14/2025

Description

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!

More Information MLS# 612989

Contract Information

Current Price: $1,300,000 Listing Date: 2025-01-06 Listing Board: Marathon/Lower Keys Sold Price: $1,300,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 435 Street Name: 121ST St Gulf Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Hawaiian Village (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: 1981 Lot SqFt: 6500 Lot Sqft Source: Property Data Card Acres: 0.15 Living Apx SqFt: 1731 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Sold Date: 2025-11-14 Sold Price: $1,300,000 Status: Closed

Association Info

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

Dockage

Seawall: Rip Rap

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 4+

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Property Condition: Fixer Upper Vehicle Storage: Carport; Open Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Drapes/Blinds Incl; Elevator Appliances: Microwave; Oven; Range; Refrigerator Exterior Features: Storage Construction: CBS Shutters: Accordion Floor: Tile; Other Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Bike Paths Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer
Listing Office: LPT Realty, LLC
Last Updated: November - 14 - 2025
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