$1,525,000
SOLD APR 17, 2026

116 N Indies Dr Marathon, FL 33050

4 Beds
4 Baths
2,108 Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: April 17, 2026

$723 Per Sq Ft

24% Below List Price

278 on Market

Highlights

  • Dock made with concrete
  • Waterfront
  • Furnished
  • Coral Shores High School Rated A
  • Outdoor Kitchen
  • 1-minute walk to Curry Hammock State Park

About This Home

As of April 2026

Price Refresh! Motivated Seller! Owner financing available and seller may be willing to divide and sell as two separate 2-bedroom, 2-bath (half duplexes). Seller is open to creative purchase structures and welcomes serious offers. This is a rare opportunity for both investors and end users on coveted Duck Key. This waterfront property offers 75 feet of deep-water dockage, a private heated pool, and excellent income potential, allowing you to live on one side and rent the other or enjoy the entire property as a private island retreat. Each 2-bedroom, 2-bath residence has been tastefully updated with travertine marble flooring, custom cabinetry, marble countertops, and plantation shutters. The open layout and abundant natural light create a bright, breezy atmosphere throughout. Outdoor living is designed for true island enjoyment, featuring a custom tiki hut, summer kitchen, and spacious paver patio ideal for relaxing or entertaining after a day on the water. With direct ocean access and no fixed bridges, you are just moments from world-class fishing, diving, and the Keys' renowned sandbars. Ideally situated in a resort-style island community, the property is conveniently close to Marathon's private airport, approximately 30 minutes to Islamorada, just over 90 minutes to Key West, and about two hours to Miami. Duck Key is a golf-cart-friendly enclave known for its clear canals and relaxed coastal elegance, offering the perfect blend of privacy, lifestyle, and accessibility.

Last Agent to Sell the Property

Michelle Wininger

Ocean Sotheby's International License #3561065 Listed on: 06/26/2025

Last Buyer's Agent

Michelle Wininger

Ocean Sotheby's International License #3561065 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Home Design

  • Duplex

Kitchen

  • Oven
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Outdoor Kitchen
  • Exterior Lighting
  • Tiki or Chickee Hut

Additional Features

  • Furnished
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 00379450-000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Year Built: 1970
  • Building Style Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 2230
  • Co List Office Phone: 305-743-5181
  • Subdivision Name: Toms Harbor (61.0)
  • Special Features: None

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Chickee Hut, Lighting, Outdoor Kitchen
  • Construction Type: CBS
  • Waterfront: Canal Front
  • Roof: Tile Roof

Utilities

  • Cooling: Central Air, Ceiling Fans(s)
  • Utilities: FKAA, Buyer to Verify

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00379450-000000
  • Lot Size Sq Ft: 7500.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16185.02

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Apr 19, 2026
Sold by
Cdm Property Management Llc
Bought by
Bbam Properties Llc
Seller's Agent
Michelle Wininger
Ocean Sotheby's International
Buyer's Agent
Michelle Wininger
Ocean Sotheby's International
List Price
$1,995,000
Sold Price
$1,525,000
Premium/Discount to List
-$470,000
-23.56%
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1251.46%
Original Mortgage
$195,213
Outstanding Balance
$195,213
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$1,634,682

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jun 6, 2022
Sold by
Butzirus Edward L and Butzirus Michelle L
Bought by
Cdm Property Management Llc
Seller's Agent
Daniel Cloud
Water Vista Realty, Inc.
Buyer's Agent
Kimberly Hilson
Better Homes and Gardens Real Estate Destinations
List Price
$1,975,000
Sold Price
$1,975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.46%

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 18, 2021
Sold by
116 Indies Llc
Bought by
Butzirus Edward and Butzirus Michelle L
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Matthew Merryman
Florida Keys Real Estate Group
List Price
$1,499,000
Sold Price
$1,395,000
Premium/Discount to List
-$104,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.65%
Original Mortgage
$1,395,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 8, 2021
Sold by
116 Indies Llc
Bought by
Indies Ii Llc
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Matthew Merryman
Florida Keys Real Estate Group
List Price
$1,499,000
Sold Price
$1,395,000
Premium/Discount to List
-$104,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,395,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2005
Sold by
Schultz Christopher K and Schultz Krista A
Bought by
116 Indies Llc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Schultz Christopher K and Schultz Krista A
Bought by
Bradley Richard W and Bradley Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2004
Sold by
Bradley Richard W and Bradley Susan M
Bought by
Gross C N and Gross N C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2004
Sold by
S & G Llc
Bought by
Schultz Christopher K and Schultz Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2002
Sold by
Schultz Christophe K and Schultz Krista A
Bought by
S/G Llc

Purchase Details

Closed on
Mar 3, 2000
Sold by
Holloway Don
Bought by
Schultz Christophe K and Schultz Krista A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2000
Bought by
116 Indies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1989
Bought by
116 Indies Llc

Purchase Details

Closed on
Oct 1, 1981
Bought by
116 Indies Llc

Purchase Details

Closed on
Feb 1, 1975
Bought by
116 Indies Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,525,000 None Listed On Document
Warranty Deed $1,975,000 New Title Company Name
Warranty Deed $1,395,000 Florida Title Professional
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- --
Special Warranty Deed $460,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $175,000 --
Warranty Deed $300,000 --
Quit Claim Deed $205,800 --
Warranty Deed $255,000 --
Warranty Deed $160,000 --
Deed $82,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $195,213 Construction
Previous Owner $1,395,000 VA
Previous Owner $450,000 Commercial
Previous Owner $240,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2026 04/17/26 Sold $1,525,000 -12.8% $723 / Sq Ft
01/31/2026 01/31/26 Price Changed $1,749,000 -2.6% $830 / Sq Ft
12/15/2025 12/15/25 Price Changed $1,795,000 -2.7% $852 / Sq Ft
11/19/2025 11/19/25 Price Changed $1,844,950 -1.3% $875 / Sq Ft
10/17/2025 10/17/25 Price Changed $1,869,950 -1.3% $887 / Sq Ft
07/21/2025 07/21/25 Price Changed $1,895,000 -2.8% $899 / Sq Ft
07/07/2025 07/07/25 Price Changed $1,950,000 -2.3% $925 / Sq Ft
06/26/2025 06/26/25 For Sale $1,995,000 +1.0% $946 / Sq Ft
06/06/2022 06/06/22 Sold $1,975,000 0.0% $937 / Sq Ft View Prior Sale
04/06/2022 04/06/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,975,000 +41.6% $937 / Sq Ft
10/19/2021 10/19/21 Sold $1,395,000 -2.8% $662 / Sq Ft View Prior Sale
08/13/2021 08/13/21 Price Changed $1,435,000 -4.3% $681 / Sq Ft
05/27/2021 05/27/21 For Sale $1,499,000 -- $711 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,185 $1,546,112 $994,500 $551,612
2024 $15,329 $1,596,465 $1,048,050 $548,415
2023 $15,329 $1,515,362 $971,550 $543,812
2022 $12,645 $1,261,698 $803,250 $458,448
2021 $9,598 $892,293 $497,250 $395,043
2020 $9,053 $844,647 $439,875 $404,772
2019 $8,662 $846,967 $436,050 $410,917
2018 $8,011 $817,227 $407,363 $409,864
2017 $7,525 $796,294 $0 $0
2016 $6,409 $516,190 $0 $0
2015 $5,915 $431,780 $0 $0
2014 $5,876 $409,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Wininger

    Seller's Agent in 2026

    Michelle Wininger

    Ocean Sotheby's International

    (860) 707-5389

    3 in this area

    68 Total Sales

    Michelle Wininger
    Section Image
  • Daniel Cloud

    Seller's Agent in 2022

    Daniel Cloud

    Water Vista Realty, Inc.

    (561) 931-6992

    2 in this area

    86 Total Sales

    Daniel Cloud
    Section Image

  • K

    Buyer's Agent in 2022

    Kimberly Hilson

    Better Homes and Gardens Real Estate Destinations

  • Kimberly DeMilly Hilson

    Buyer's Agent in 2022

    Kimberly DeMilly Hilson

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 281-4985

    1 in this area

    4 Total Sales

    Kimberly DeMilly Hilson
    Section Image

  • S

    Buyer Co-Listing Agent in 2022

    STEVEN CONLEY, LLC

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • S

    Buyer Co-Listing Agent in 2022

    Steve Conley

    Hogfish Realty

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615575

APN: 00379450-000000

Florida Monroe County Marathon 33050

116 N Indies Dr, Marathon, FL

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