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$1,300,000
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Property 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!
Full Property Details
Full Property Details for 435 121ST St Gulf
General
- Sold For: $1,300,000
- Taxes: $8,594 (2023)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 612989
- Added to Site: 501 day(s) ago
Interior
- Interior Features: Drapes/Blinds Incl, Elevator
- Appliances: Microwave, Oven, Range, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Paths, Airport/Runway
- Security/Safety: Patrolled Area
Exterior
- Exterior Features: Storage
- Deck/Patio: Open Porch/Balcony
- Porch/Patio/Deck: Open Porch/Balcony
Parking
- Parking Features: Open, Carport
Location
- Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- County: Monroe
- Subdivision: Hawaiian Village (53.5)
- Driving Directions: Turn off US1 onto 121st St. Gulf right next to NAPA Auto Parts. House is on the curve of the road directly on the Gulf of Mexico.
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction Status: Fixer
- Construction: CBS
- Roof: Concrete
- Windows/Doors: Single Hung Windows, Shutters
- Square Feet: 1,731
- Sq. Ft. Source: Property Data Card
- Year Built: 1981
- Property Condition: Fixer
Lot Features
- Property View: Open Water View, Bay
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,500
- Lot Size Source: Property Data Card
- Zoning: RM - Residential Medium
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Front, Gulf Front, Open Water
Financial Considerations
- Tax Amount: $8,594.77
- Tax Year: 2023
Disclosures and Reports
- Legal Description: BK C LT 7 AND 100SF LT 8 AND 500FT LT 9 HAWAIIAN VILLAGE PB4-70 FAT DEER KEY OR162-248/50 OR813-566 OR871-2115 OR892-21
- Flood Zone: AE, VE, VE
- APN: 00357540-000000
Listed by LPT Realty, LLC, Jessica Ann Boyanton P.A. (305) 304-9414
Sold by Coldwell Banker Schmitt Real Estate Co., Caitlin McKinney
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Schools
Schools serving 435 121ST St Gulf
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 4.5 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 3.8 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 435 121ST St Gulf
Date
Details
Price
Change
Source
11/14/2025
Sold
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
435 121st St Gulf, Marathon, FL 33050 (MLS# 612989) is a Single Family property that was sold at $1,300,000 on November 14, 2025. Want to learn more about 435 121st St Gulf? Do you have questions about finding other Single Family real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

