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    256 Mars Ln Key West, FL 33040

    For Sale
    $420,000

    Vacant Land - Geiger Key, FL

    Days on Market:
    84
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 256 Mars Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    URM - Urban Res Mobile Home District
    APN
    00145670-000000

    Utilities

    Water front features
    Canal Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Sellstate Island Properties (305) 292-1150 [email protected]

    Listing agent Monique Thiel, PA (305) 797-4324 License #3337472

    Listing date Sep 13, 2025

    MLS# 616488 Listing URL

    Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land with Canal Access

    This 5,190 sq ft waterfront lot offers direct canal access and features a solid concrete seawall suitable for swimming, fishing, or launching kayaks. Currently, there is a 1,310 sq ft mobile home on the property, which can be removed to provide a clean slate for building a coastal retreat. The property is located in Geiger Key, Florida, approximately 10 minutes from Key West and 0.5 miles from Geiger Key Marina and Restaurant. The zoning is URM - Urban Res Mobile Home District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Accounting Firm Department Store Garden Center Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.654954
    Latitude
    24.580355

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    FAQs

    What type of property is this?
    Land - Waterfront lot with canal access, near Key West and Geiger Key Marina.
    Where is this land located?
    The property is located at 256 Mars Ln Key West, FL.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Waterfront lot with direct canal access.; - Solid concrete seawall ideal for water activities.; - Opportunity to build a custom coastal home.
    (305) 797-4324
    Request Owner's contact information
    256 Mars Ln Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    256 Mars Ln Key West, FL 33040
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