171 3rd St Marathon, FL 33051
Estimated payment $6,725/month
About This Home
Live in Paradise! Not your average half duplex! Ideal Vacation Rental Property! Sold furnished with Elegant & Sophisticated style and brimming with natural light.This distinctive island residence offers soaring double-height windows, rare architectural design, and thoughtful updates throughout.Highlights:2 Bedrooms / 2 Baths | Over 1,400+/- SF of living space plus 422 SF A/C finished bonus room + 171 SF A/C shop storage. Up to 12' ceilings and wide-plank flooring throughout, impact rated windows and doors for peace of mind. Custom kitchen with sleek design, premium finishes, and ample storage. Bathrooms updated in 2022 with marble finishes, new vanities, and mirrors. additional 2022 updates: electronic blinds (family rm & master) & new landscaping (front & back)Outdoor Living:Screened balcony off main living area, private primary suite balcony with peek-a-boo ocean view, backyard patio with brand-new pavers connecting front to back. 30ft dock with step-down composite decking -- quick 5-minute idle-speed access to open water, 2- min walk to white sand beach! Bonus Spaces:Dedicated laundry room with sink, small office nook and 4X6 composite shed for more storage. SPECIAL OFFER:Seller will include 1-year membership at your choice of GlunzOcean Beach Club or The Cabana Club (just 2 minutes away!) -- enjoy premium beach and pool access with none of the maintenance or liability of a private pool.Other Features:Oversized guest bedroom fits a king-size bed easily. Wonderful elegant double-door entry and protected staircase, electric hurricane shutters & transom windows throughout. flexible closings -- seller open to offers and can accommodate quick closing. A standout property inside and out -- one of the most distinctive half-duplexes on the island. Elegant, upgraded, and move-in ready. Must be seen in person to appreciate its light, layout, and architectural appeal!
Listing Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #SL3426914 Listed on: 01/19/2026
Map
Property Details
Home Type
Multi-Family
Year Built
1989
Lot Details
3,485 Sq Ft Lot
Listing Details
- Property Type: Residential
- Style: Half Duplex
- As Is Right To Inspect: No
- First Right of Refusal: No
- Mandatory HOA: No
- Dockage Dock: Composite
- Dockage Seawall: Concrete
- Fee Includes: None
- Key Island: Key Colony
- Limited Representation: No
- Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
- Mile Marker: 53.50
- Min Rental Days: 7.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Clubhouse, Bike Paths, Airstrip, Other Area Features, Beach, Tennis Courts
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 6605.60
- Title: Negotiable
- Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking
- Vehicle Storage Cars: 4+
- Year Built: 1989
- Alternate Key Number: 8738226
- Building Style Stilt Column Height: Medium - 5Ft - 9Ft
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 3462.00
- Shutters: Accordion, Roll Down Electric
- Species List: No
- Tax Exemptions: Homestead
- Building Style Above Flood: Yes
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 1433.00
- Pre Wired: Cable
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 2
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Cathedral Ceilings
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Vinyl
- Specialty Rooms: Laundry Room, Other, Workshop
- Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 2
- Sq Ft Remarks: 1433sf upper living422sf plus 171sf lower level spaces
Exterior Features
- Waterfront: Canal Front
- Waterfront: Yes
- Construction: CBS, Concrete
- Exterior Features: Fencing, Storage, Shed
- Roof: Metal Roof
- Waterview: Ocean View, Canal View
- Pool: No
Utilities
- Security: Patrolled Area, On Premises System
- Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer
- Heating: Central
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,AE
- Parcel Number: 00072700-000100
- Lot Size: X
- Land Size: Less Than 1/4 Acre
- Acres: 0.08
Rental Info
- Rentals Allowed: Yes
- Furnished: Negotiable
Tax Info
- Tax Year: 2025
Multi Family
- Total Units: 1.00
Home Values in the Area
Average Home Value in this Area
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 | $6,574 | $688,891 | -- | -- |
| 2024 | $6,310 | $669,477 | -- | -- |
| 2023 | $6,310 | $644,008 | $0 | $0 |
| 2022 | $7,276 | $740,582 | $335,676 | $404,906 |
| 2021 | $6,789 | $631,464 | $237,770 | $393,694 |
| 2020 | $4,635 | $472,918 | $0 | $0 |
| 2019 | $4,533 | $462,286 | $0 | $0 |
| 2018 | $4,290 | $453,667 | $0 | $0 |
| 2017 | $4,064 | $439,737 | $0 | $0 |
| 2016 | $4,139 | $430,693 | $0 | $0 |
| 2015 | $4,131 | $427,699 | $0 | $0 |
| 2014 | $4,201 | $424,305 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/19/2026 01/19/26 | For Sale | $1,199,000 | -6.3% | $837 / Sq Ft | |
| 10/13/2022 10/13/22 | Sold | $1,280,000 | -1.5% | $893 / Sq Ft | View Prior Sale |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- | |
| 06/27/2022 06/27/22 | For Sale | $1,299,000 | +77.9% | $906 / Sq Ft | |
| 10/08/2020 10/08/20 | Sold | $730,000 | -2.5% | $509 / Sq Ft | View Prior Sale |
| 07/14/2020 07/14/20 | For Sale | $749,000 | -- | $523 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,280,000 | -- | |
| Warranty Deed | $489,900 | Attorney | |
| Warranty Deed | $299,900 | -- | |
| Warranty Deed | $205,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $36,000 | Credit Line Revolving | |
| Previous Owner | $164,000 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 618337
APN: 00072700-000100
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