$699,000

487 116th St Marathon, FL 33050

Estimated payment $4,002/month

Total Views 298
2 Beds
2 Baths
907 Sq Ft
$771 Price per Sq Ft

Highlights

  • No HOA
  • Shutters
  • Storage
  • Coral Shores High School Rated A
  • Patio
  • Shed

About This Home

Charming Duplex in Little Venice, Marathon - Endless Potential in the Florida Keys. Situated on a desirable corner lot along 116th Street in the sought-after Little Venice neighborhood, this versatile duplex offers exceptional opportunities for both living and investment in the heart of the Florida Keys.The property features two separate units1 Bedroom / 1 Bath main unit--perfect for comfortable owner occupancy. Efficiency unit with full bath--ideal for guests, extended family, or rental income. A large detached storage building houses the washer and dryer, offering bonus space for tools, bikes, or boating gear. Perfectly positioned for convenience, this property sits close to shopping, dining, marinas, and all the amenities of Marathon, while still capturing the relaxed island charm that defines Keys living. Whether you're looking to live in one unit and rent the other, create a family retreat, or add a flexible property to your investment portfolio, this duplex delivers unmatched potential.

Listing Agent

Paulette Thompson PA

Ocean Sotheby's International License #3225300 Listed on: 01/25/2026

Ocean Sotheby's International

Co-Listing Agent

Jass Tremblay

Ocean Sotheby's International License #3287539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 1953 | Remodeled

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 907 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Casement Windows
  • Storage
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • 2,750 Sq Ft Lot
  • Ground Level

Community Details

Overview

  • No Home Owners Association
  • Little Venice Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,420

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • Mile Marker: 53.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4419.95
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1423670
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 2750.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 907.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Casement
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2026 01/25/26 For Sale $699,000 -- $771 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 618304