K
Seller's Agent in 2025
Kenny Matlock
No Nonsense Real Estate Branch Office
(305) 849-5582
31 in this area
34 Total Sales
16 Kyle Way E Marathon, FL 33050
2
Beds
2
Baths
1,098
Sq Ft
4,205
Sq Ft Lot
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
As of December 2025This 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.
Last Agent to Sell the Property
No Nonsense Real Estate Branch Office License #SL3410203 Listed on: 10/23/2025
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
- Minimum Rental Period: 7
- Assessor Parcel Number 00319670-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2025
Closed on
Dec 8, 2025
Sold by
Florida Keys Homes Llc
Bought by
16 E Kyle Way Mako Mahi Llc
Seller's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
Buyer's Agent
Karen Gunn-Bardot
Space Coast Realty & Inv LLC
List Price
$877,000
Sold Price
$877,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-73.15%
Original Mortgage
$701,600
Outstanding Balance
$701,600
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$130,470
Purchase Details
Listed on
Nov 11, 2013
Closed on
Sep 18, 2014
Sold by
Kyle Keys Llc
Bought by
Florida Keys Homes Llc
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$440,000
Sold Price
$300,000
Premium/Discount to List
-$140,000
-31.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$270,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 7, 2013
Sold by
Gautreaux Herbert G
Bought by
Kyle Keys Llc
Purchase Details
Closed on
Oct 25, 2000
Sold by
Erickson Ramey
Bought by
Gautreaux Herbert G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 1989
Bought by
Florida Keys Homes Llc
Purchase Details
Closed on
Oct 1, 1988
Bought by
Florida Keys Homes Llc
Purchase Details
Closed on
Aug 1, 1980
Bought by
Florida Keys Homes Llc
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $877,000 | None Listed On Document | |
| 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 |
|---|---|---|---|
| Open | $701,600 | New Conventional | |
| Previous Owner | $270,000 | Seller Take Back | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/10/2025 12/10/25 | Sold | $877,000 | 0.0% | $799 / Sq Ft | |
| 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®
Tax History Compared to Growth
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 | $6,342 | $580,462 | $367,506 | $212,956 |
| 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
Agents Affiliated with this Home
-
Kenny Matlock
-
Christopher Cioffi
Seller Co-Listing Agent in 2025
Christopher Cioffi
No Nonsense Real Estate Branch Office
(239) 410-5099
22 in this area
87 Total Sales
-
Karen Gunn-Bardot
Buyer's Agent in 2025
Karen Gunn-Bardot
Space Coast Realty & Inv LLC
(321) 394-7750
1 in this area
1 Total Sale
-
D
Seller's Agent in 2014
David Grego
Island Breeze Realty Branch Office
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 617005
APN: 00319670-000000
Nearby Homes
- 33 Kyle Way S
- 101 11th Street Ocean
- 101 11th Street Ocean Unit Lot 5
- 101 11th Street Ocean Unit 35
- 1361 Overseas Hwy Unit IO
- 1361 Overseas Hwy Unit E28
- 1361 Overseas Hwy Unit D11
- 1361 Overseas Hwy Unit E-13
- 1361 Overseas Hwy
- 1361 Overseas Hwy Unit B8
- 1361 Overseas Hwy Unit F36
- 1361 Overseas Hwy Unit B1
- 1415 Ocean Terrace
- 1466 Overseas Hwy Unit 6
- 1466 Overseas Hwy Unit 11
- 420 17th Court Gulf
- 1998 Overseas Hwy Unit 33A
- 1998 Overseas Hwy Unit A4
- 1998 Overseas Hwy Unit A44
- 357 23rd St