$1,175,000
SOLD APR 1, 2026

171 3rd St Marathon, FL 33051

2 Beds
2 Baths
1,433 Sq Ft
3,485 Sq Ft Lot Lot

Sale Details

Date Sold: April 1, 2026

$820 Per Sq Ft

2% Below List Price

41 Days on Market

About This Home

As of April 2026

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!

Last Agent to Sell the Property

Stacey Pillari

Berkshire Hathaway HomeServices Knight & Gardner Realty License #SL3426914 Listed on: 01/19/2026

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Steve Smith, P.a.

Key Colony Beach Realty

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
  • Sale Terms: Cash
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2026
Closed on
Apr 1, 2026
Sold by
Belmont Powell and Anna Wilson
Bought by
Nash Todd and Nash Dana J
Seller's Agent
Stacey Pillari
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Steve Smith, P.a.
Key Colony Beach Realty
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.70%

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 13, 2022
Sold by
Robertson Samuel Keith and Robertson Karla M
Bought by
Powell Richard Belmont and Wilson Anna
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International Relaty
Buyer's Agent
Stacey Pillari
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,299,000
Sold Price
$1,280,000
Premium/Discount to List
-$19,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.44%

Purchase Details

Closed on
Mar 18, 2010
Sold by
Kreps Richard C and Kreps Deborah G
Bought by
Noel Gary P and Noel Teresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2001
Sold by
Thomas M Ingram M and Constance C Ingram M
Bought by
Kreps Richard C and Kreps Deborah G

Purchase Details

Closed on
Jun 12, 1996
Sold by
Tarafa Roberto M
Bought by
Ingram Thomas M and Ingram Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Type Sale Price Title Company
Warranty Deed $1,175,000 None Listed On Document
Warranty Deed $1,280,000 --
Warranty Deed $489,900 Attorney
Warranty Deed $299,900 --
Warranty Deed $205,000 --
Source: Public Records

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: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Sold $1,175,000 -2.0% $820 / Sq Ft
03/01/2026 03/01/26 Pending -- -- --
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
Source: Key West 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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 618337

Key West Association of REALTORS®

APN: 00072700-000100

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