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    Marathon, FL Apartment Buildings for Sale

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    Key Colony Beach, FL Duck Key, FL Conch Key, FL Islamorada, FL No Name Key, FL Big Pine Key, FL
    Waterfront Mixed-Use Redevelopment Site
    Updated: Mar 10, 2025
    Waterfront Mixed-Use Redevelopment Site

    14 125Th Street Gulf, Marathon, FL 33050

    $3,549,000
    6,128 sqft 1.57 AC lot
    74,890 SQ FT waterfront site with deep‑water dockage approved
    200' highway frontage plus an approved conditional use permit for 10 unit and 4 affordable staff group home units
    Recertified two‑story raised CBS building with 6,128 SQ FT interior space
    Includes 2,340 SQ FT of extra outdoor porches
    Central air cooling, concrete roof and concrete flooring
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    This listing looks promising.

    Here's a quick look at some key insights for

    14 125Th Street Gulf, Marathon, FL 33050

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $116K
      Annual

    • Price @ 7% Cap

      $1.65M
      Suggested

    • Last Sold

      Mar 2024
      $200K

    • Property Type

      Office Building (Multi-Story)
      Built 1995
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    Waterfront Development Site with Dockage
    Updated: Mar 9
    Waterfront Development Site with Dockage

    14 125th Street Gulf, Marathon, FL 33050

    $3,549,000
    1.72 AC lot
    Ocean front property with approved deep‑water dockage and 100' of waterfrontage
    200' of highway frontage on a 74,890 SF site with active Conditional Use Permit
    CUP for 10 unit development plus 4 affordable staff group home units
    Mixed‑use zoning with redevelopment options including market‑rate units or higher‑density affordable housing
    2‑story raised CBS building totaling 6,128 SF plus 2,340 SF of outdoor porches
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    Waterfront Mixed-Use Development Site
    Waterfront Mixed-Use Development Site

    14 125Th Street Gulf, Marathon, FL 33050

    $3,549,000
    6,128 sqft 1.72 AC lot

    Waterfront mixed-use site with approved deep-water dockage and a recertified two-story raised CBS building.

    View details
    Waterfront Development Site with Dockage
    Waterfront Development Site with Dockage

    14 125Th Street Gulf, Marathon, FL 33050

    $3,549,000
    1.72 AC lot

    Waterfront site with deep-water dockage approval and an existing recertified two-story CBS building.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Marathon, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot

    Six legal apartments feature separate electric and water meters, with off-street parking for residents.

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    Turnkey Five-Plex Lease-Up Ready
    Turnkey Five-Plex Lease-Up Ready

    1515 N Redland Rd, Florida City, FL 33034

    $1,500,000
    0.21 AC lot

    Newly built five-unit property offering all 3-bedroom, 2-bath layouts for residential income use.

    View details
    Apartment Building with Off-Street Parking
    Apartment Building with Off-Street Parking

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft

    Six-unit apartment building with off-street parking and separate electric and water meters for each apartment.

    View details
    New Construction Five-Plex in Homestead
    New Construction Five-Plex in Homestead

    1515 N Redland Rd, Florida City, FL 33034

    $1,500,000

    New construction five-unit multifamily property, ready for lease-up.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Miami Development Opportunity
    Prime Miami Development Opportunity

    2801 NW 102nd St, Miami, FL 33165

    $4,350,000
    0.96 AC lot

    Rare 1-acre parcel in Miami, pre-approved for 80+ units.

    View details
    Waterfront Lot in Treasure Island
    Waterfront Lot in Treasure Island

    141 104TH AVENUE, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront lot zoned for multifamily residential use in Treasure Island.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Marathon, FL

    Consider similar Off-Market properties in Marathon, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    442 48Th Street Ocean
    Multifamily properties

    442 48Th Street Ocean, Marathon, FL 33050

    Value Estimation by Request
    View details
    104 52Nd Street Ocean
    Multifamily properties

    104 52Nd Street Ocean, Marathon, FL 33050

    Value Estimation by Request
    View details
    308 Sombrero Beach Rd
    Multifamily properties

    308 Sombrero Beach Rd, Marathon, FL 33050

    Value Estimation by Request
    View details

    Marathon, FL Apartment Buildings Market Trends and Statistics

    Explore 7 apartment buildings for sale in Marathon, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,256 square feet of properties for sale, with an estimated market value of $7,098,000.

    Sale prices for two-family homes in Marathon, FL start at $3,549,000, averaging $3,549,000, and reaching up to $3,549,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +12.2%
    Median Household Income $83,776
    College Educated 36.9%

    High-Yield Neighborhoods for Investment

    Identify Marathon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33050 $10.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $8.45 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Retail

    Residential Income

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