$877,000
UNDER CONTRACT

16 Kyle Way E Marathon, FL 33050

Estimated payment $5,119/month

Total Views 288
2 Beds
2 Baths
1,098 Sq Ft
$799 Price per Sq Ft

Highlights

  • Lake Front
  • Dock made with wood
  • Harbor Views
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • RV Parking in Community

About This Home

This is the LOWEST Priced Above Flood home with a dedicated PRIVATE 35FT Dock in all of Marathon by over $265,000 & the best part it's a protected canal offering open water access to the Atlantic ocean in just a few minutes & the famous 7 mile Bridge is just a 1/4 mile from your canal. The home has been renovated by the well respected local builders Design Center and has been a very successful Vacation Rental averaging around $65k per year in rental income, which is why it is being sold Turnkey Furnished with all Accessories including the Under House Spa. Owners already have future bookings scheduled allowing the buyers to capture immediate rental income opportunities. From the Exterior the home sits on a 4205 sqft lot, has Updated Exterior Paint, an Updated Metal Roof, Upgraded Impact Windows and Doors, an expansive wrap around deck with Canal Views. Step inside & find Updated Diagonal Laid Tile Floors thru out, a beautiful Vaulted Wood Beam Ceiling with Exposed Rafters, a Upgraded Electric Fireplace in the Living Room wrapped in Shiplap, and Upgraded Kitchen with Wood Shaker Cabinets, Granite Counters & Backsplash, Stainless Steel Appliances, a Primary Bedroom with Plenty of Windows bringing in the Natural Light & Custom Bamboo Wainscoting that leads to its Private Primary Bath with an Upgraded Vanity, and Updated Tub/Shower Combo. The comparably sized Guest Bed also has Bamboo Wainscoting & utilizes the updated Guest Bath, which has a Tiled Shower with Frameless Shower Glass and an Upgraded Vanity. The Upstairs Loft is open to the downstairs & offers a ton of options. The Laundry Room is below the home in the Enclosed Area along with every accessory your guest will need to enjoy themselves including a swinging hammock under the home. The yard offers plenty of room to park an RV or their boat trailer. Home is a short walk to the Isla Bella Beach Resort & its open to the public Market, it is just minutes from the 7 Mile Bridge & local fav Sunset Grille.

Listing Agent

Kenny Matlock

No Nonsense Real Estate Branch Office License #SL3410203 Listed on: 10/23/2025

Co-Listing Agent

Christopher Cioffi

No Nonsense Real Estate Branch Office License #3112687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,342

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 4,205 Sq Ft Lot
  • Lake Front
  • Home fronts a canal
  • Property is zoned R-MH - Residential - MH

Property Views

  • Harbor
  • Canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,098 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Loft
  • Storage

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Dock made with wood
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Knights Key Village Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00319670-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,342

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Contingent: Contingent/Show
  • Contingent Remarks: Taking back up offer
  • Dockage Dock: Wood
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Knights Key
  • Mile Marker: 47.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6342.21
  • Title: Negotiable
  • Vehicle Storage: Open Parking, RV Parking Open, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1986
  • Alternate Key Number: 1394122
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4205.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1098.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Specialty Rooms: Loft
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front, Lake Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View, Harbor/Marina View
  • Pool: No

Utilities

  • Utilities: FKAA
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00319670-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,071 $634,074 $421,661 $212,413
2023 $6,071 $626,694 $421,661 $205,033
2022 $5,695 $572,017 $356,569 $215,448
2021 $5,517 $530,349 $343,815 $186,534
2020 $5,111 $499,236 $334,732 $164,504
2019 $4,561 $400,475 $231,634 $168,841
2018 $4,246 $401,320 $229,720 $171,600
2017 $4,080 $403,116 $0 $0
2016 $3,940 $379,437 $0 $0
2015 $3,184 $222,219 $0 $0
2014 $3,960 $294,310 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 For Sale $877,000 +192.3% $799 / Sq Ft
09/18/2014 09/18/14 Sold $300,000 -31.8% $273 / Sq Ft View Prior Sale
08/05/2014 08/05/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $440,000 -- $401 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Attorney
Warranty Deed $350,000 Attorney
Warranty Deed $200,000 --
Warranty Deed $115,000 --
Warranty Deed -- --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $270,000 Seller Take Back
Previous Owner $100,000 New Conventional
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 617005

APN: 00319670-000000