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$1,400,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Units
  • 0.18 Acres
  • Updated 13 days ago
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THIS UNIQUE WATERFRONT PROPERTY HAS 5 units on the property and all are long term rentals. There are 5 BUILDING RIGHTS that come with this property (please ask Listing Agents for details.

Full Property Details for 206 12th Street Gulf St

General

  • Price: $1,400,000
  • Taxes: $9,671 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 927
  • MLS ID: 618740
  • Updated: 5/13/2026
  • Added to Site: 98 day(s) ago

Interior

  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Security/Safety: Patrolled Area

Exterior

  • Deck/Patio: Deck
  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: Off Street

Location

  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • County: Monroe
  • Subdivision: Halls Sub (48.0)
  • Driving Directions: Take a Rt onto 12th St Gulf and property #206 is first residential property.

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes

Structural Information

  • Architectural Style: Above Flood, Conch
  • Construction Status: Fixer
  • Construction: Combo Construction
  • Roof: Combo Roof
  • Square Feet: 2,536
  • Sq. Ft. Source: Tax Records
  • Year Built: 1949
  • Property Condition: Fixer

Unit Information

  • Units in Building: 5

Lot Features

  • Property View: Open Water View, Bay
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size Source: Tax Records
  • Lot Dimensions: 50 x 152
  • Zoning: RM - Residential Medium

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bay Front, Gulf Front

Financial Considerations

  • Tax Amount: $9,671.07
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: Pt Govt Lt 1 Hog Key 8 66 32 Or221-332/34 Or936-418Affd Or936-412/13 Or1030-2073/74 Or1582-1089/90 Or2293-2333/36
  • APN: 101600000000

Listed by Coldwell Banker Schmitt Real Estate Co., Lynn O Goodwin, P.A. (305) 923-9487 and Coldwell Banker Schmitt Real Estate Co., Aimee Lynn Kornetti (305) 600-9726

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Listing agents

— 206 12th Street Gulf St —

  • Lynn O Goodwin, P.A.

    Coldwell Banker Schmitt Real Estate Co.

  • Aimee Lynn Kornetti

    Coldwell Banker Schmitt Real Estate Co.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 206 12th Street Gulf St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Stanley Switlik Elementary School
3400 Overseas Highway, Marathon, FL 33050
PK-51.1 mi
Marathon School
350 Sombrero Beach Road, Marathon, FL 33050
6-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 206 12th Street Gulf St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Listed
$1,400,000
536.36%
MLS
6/21/1999
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 206 12th Street Gulf St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,736
—
$988,432
-9%
2024
$9,736
7%
$1,083,510
2%
2023
$9,064
42%
$1,058,101
160%
2021
$6,386
-9%
$406,517
-25%
2022
$7,005
10%
$540,250
15%
2021
$6,386
-2%
$468,570
14%
2019
$6,499
8%
$409,801
10%
2018
$6,041
4%
$372,547
-18%
2017
$5,807
2%
$454,241
1%
2016
$5,718
2%
$449,389
61%
2015
$5,610
5%
$279,900
10%
2014
$5,325
6%
$254,455
10%
2013
$5,006
—
$231,323
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 206 12th Street Gulf St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Schmitt Real Estate Co., Lynn O Goodwin, P.A. (305) 923-9487 and Coldwell Banker Schmitt Real Estate Co., Aimee Lynn Kornetti (305) 600-9726

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206 12th Street Gulf Street, Marathon, FL 33050 (MLS# 618740) is a Multi-Family property with 5 units containing 10 bedrooms and 5 full bathrooms. 206 12th Street Gulf Street is currently listed for $1,400,000 and was received on February 19, 2026. Want to learn more about 206 12th Street Gulf Street? Do you have questions about finding other Multi-Family real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

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