Emily Lombard
Ocean Sotheby's International Realty
(833) 447-1049
40 Total Sales
2 in Marathon
$330,000 Price Range
587 116th Street Ocean Marathon, FL 33050
Marathon AreaEstimated Value: $537,159
2
Beds
1
Bath
832
Sq Ft
$646/Sq Ft
Est. Value
Highlights
- Spa
- No HOA
- Impact Glass
- Coral Shores High School Rated A
- Stainless Steel Appliances
- Walk-In Closet
About This Home
As of April 2025What a lovely island escape! This updated and oh-so-charming Marathon bungalow is ideally located near everything that makes the Florida Keys magical--world-class diving and fishing, scenic kayak trails, pristine state parks, gorgeous beaches, and, of course, legendary tiki bars.Designed for easy living from Day 1, this solid concrete home features newer roof, windows, and AC units, plus a beautifully renovated kitchen and bath, a spa, and the convenience of onsite laundry. Fully furnished and completely turnkey, it's an active vacation rental with glowing reviews--giving you the flexibility to enjoy it yourself or let it generate income effortlessly.Whether you're looking for a laid-back island retreat or a savvy investment, this low-maintenance property is ready to welcome you to island life!Buyer to verify all information.
Last Agent to Sell the Property
Erin Kiel
Better Homes and Gardens Real Estate Destinations License #3443309 Listed on: 02/21/2025
Co-Listed By
Jaclyn Kelley
Prudential Keyswide Properties
Last Buyer's Agent
Lilas Ashkarian
C 21 Keysearch Realty
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 Details
Home Type
- Single Family
Est. Annual Taxes
- $4,571
Year Built
- Built in 1969
Lot Details
- 2,750 Sq Ft Lot
- Property is zoned RM - Residential Medium
Parking
- Off-Street Parking
Home Design
- Tar and Gravel Roof
Interior Spaces
- 832 Sq Ft Home
- Storage
- Tile Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Impact Glass
- Fire and Smoke Detector
Outdoor Features
- Spa
- Patio
- Shed
Location
- Ground Level
Utilities
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
- Cable TV Available
Community Details
- No Home Owners Association
- Little Venice Subdivision
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00345860-000000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2025
Closed on
Apr 28, 2025
Sold by
Gibson Teresa M
Bought by
Seller's Agent
Erin Kiel
Better Homes and Gardens Real Estate Destinations
Buyer's Agent
Lilas Ashkarian
C 21 Keysearch Realty
List Price
$539,900
Sold Price
$539,900
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,741
Avg. Annual Appreciation
-0.36%
Original Mortgage
$20,000
Outstanding Balance
$19,908
Interest Rate
12%
Mortgage Type
New Conventional
Estimated Equity
$517,251
Purchase Details
Closed on
Feb 14, 2025
Sold by
Gibson-Garratt Teresa M and Garratt Neil C
Bought by
Gibson Teresa M
Purchase Details
Listed on
Mar 13, 2022
Closed on
Apr 27, 2022
Sold by
Ann Gannon and Ann Tracy
Bought by
Garratt Neil C and Gibson-Garratt Teresa M
Seller's Agent
Sheryl Phillips
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Jaclyn Kelley
Prudential Keyswide Properties
List Price
$489,000
Sold Price
$469,000
Premium/Discount to List
-$20,000
-4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$351,750
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2021
Sold by
Labance Richard and Charlton Stacy
Bought by
Gannon Joseph and Gannon Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2005
Sold by
Miller John W and Barbera Barbara
Bought by
Labance Richard and Charlton Stacy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 2003
Sold by
Yankey Richard H and Yankey Linda L
Bought by
Barbera Barbara and Miller John W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2001
Sold by
Salado Nicholas
Bought by
Yankey Richard H and Yankey Linda L
Purchase Details
Closed on
Jun 17, 1999
Sold by
Zukauakas Iren
Bought by
Salado Nicholas
Purchase Details
Closed on
Jul 1, 1997
Bought by
Labance Richard
Purchase Details
Closed on
Jun 1, 1987
Bought by
Labance Richard
Purchase Details
Closed on
Oct 1, 1980
Bought by
Labance Richard
Purchase Details
Closed on
May 1, 1979
Bought by
Labance Richard
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marathon, FL
-
Emily Lombard
-
Sandra Tuttle
Sandra Tuttle
Island Welcome Real Estate
(786) 751-6441
135 Total Sales
5 in Marathon
$880K - $3.4M Price Range
-
Lisa Ferringo
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
(786) 751-5529
569 Total Sales
81 in Marathon
$80K - $12.2M Price Range
-
Daniel Echague
Daniel Echague
Elite Sales Group
(786) 461-1242
29 Total Sales
1 in Marathon
$750,000 Price
-
Patti Nickless
Patti Nickless
Responds QuicklyColdwell Banker Schmitt RE Co.
(877) 540-7990
152 Total Sales
18 in Marathon
$310K - $3.5M Price Range
-
Coby Taylor
Coby Taylor
Expert Realty LLC (HQ)
(813) 694-4326
75 Total Sales
26 in Marathon
$95K - $3.9M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $539,900 | None Listed On Document | ||
| Gibson Teresa M | -- | None Listed On Document | |
| Garratt Neil C | $469,000 | Wolfe Stevens Pllc | |
| Gannon Joseph | $355,000 | Townsend Title Ins Agcy Llc | |
| Labance Richard | $275,000 | -- | |
| Barbera Barbara | $165,000 | -- | |
| Yankey Richard H | $133,000 | -- | |
| Salado Nicholas | $112,000 | -- | |
| Labance Richard | $89,900 | -- | |
| Labance Richard | $60,000 | -- | |
| Labance Richard | $35,000 | -- | |
| Labance Richard | $30,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $20,000 | ||
| Open | Charles Luc H | $508,750 | |
| Previous Owner | Garratt Neil C | $351,750 | |
| Previous Owner | Gannon Joseph | $288,000 | |
| Previous Owner | Charlton Stacy | $241,975 | |
| Previous Owner | Labance Richard | $257,250 | |
| Previous Owner | Labance Richard | $220,000 | |
| Previous Owner | Barbera Barbara | $155,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $539,900 | 0.0% | $649 / Sq Ft | |
| 04/26/2025 04/26/25 | Pending | -- | -- | -- | |
| 02/21/2025 02/21/25 | For Sale | $539,900 | +15.1% | $649 / Sq Ft | |
| 04/27/2022 04/27/22 | Sold | $469,000 | -2.1% | $564 / Sq Ft | View Prior Sale |
| 03/26/2022 03/26/22 | Pending | -- | -- | -- | |
| 03/23/2022 03/23/22 | Price Changed | $479,000 | -2.0% | $576 / Sq Ft | |
| 03/13/2022 03/13/22 | For Sale | $489,000 | -- | $588 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,225 | $417,757 | $242,688 | $175,069 |
| 2024 | $4,328 | $436,275 | $260,563 | $175,712 |
| 2023 | $4,328 | $406,512 | $242,688 | $163,824 |
| 2022 | $3,680 | $340,835 | $188,375 | $152,460 |
| 2021 | $1,424 | $100,587 | $0 | $0 |
| 2020 | $1,399 | $99,199 | $0 | $0 |
| 2019 | $1,372 | $96,968 | $0 | $0 |
| 2018 | $1,331 | $95,160 | $0 | $0 |
| 2017 | $1,306 | $93,203 | $0 | $0 |
| 2016 | $1,304 | $91,286 | $0 | $0 |
| 2015 | $1,315 | $90,651 | $0 | $0 |
| 2014 | $1,321 | $89,932 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
EK
Seller's Agent in 2025
Erin Kiel
Better Homes and Gardens Real Estate Destinations
-
JK
Seller Co-Listing Agent in 2025
Jaclyn Kelley
Prudential Keyswide Properties
-
LA
Buyer's Agent in 2025
Lilas Ashkarian
C 21 Keysearch Realty
-
Lela Ashkarian
Buyer's Agent in 2025
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
(305) 743-5181
18 Total Sales
-
Sheryl Phillips
Seller's Agent in 2022
Sheryl Phillips
Coldwell Banker Schmitt Real Estate Co.
(248) 935-3728
47 Total Sales
-
Richard Phillips
RP
Seller Co-Listing Agent in 2022
Richard Phillips
Coldwell Banker Schmitt Real Estate Co.
(248) 505-4058
43 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 613835
APN: 00345860-000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 699 116th Street Ocean
- 11554 5th Avenue Ocean
- 11563 4th Avenue Ocean
- 11405 3rd Avenue Ocean Unit Ocean
- 11405 3rd Avenue Ocean
- 11725 3rd Avenue Ocean
- 125 117th Street Ocean
- 11339 5th Avenue Ocean
- 11339 5th Avenue Ocean
- 11490 2nd Avenue Ocean
- Lot 70 5th Avenue Ocean
- 11231 2nd Avenue Ocean
- 11231 2nd Avenue Ocean Unit Ocean
- 11600 1st Ave Gulf Unit 23
- 11285 3rd Avenue Gulf
- 390 13th St
- 11890 1st Avenue Gulf Unit 2
- 11339 5th Ave Unit Ocean
- 10999 3rd Avenue Gulf
- 10877 Overseas Hwy Unit 35
- 11548 6th Avenue Ocean
- 11507 5th Avenue Ocean
- 658 116th Street Ocean
- 11554 5th Avenue Ocean Unit Ocean
- 11528 6th Avenue Ocean
- 11585 6th Avenue Ocean
- 11625 5th Avenue Ocean
- 11611 6th Avenue Ocean
- 11555 6th Avenue Ocean
- 11563 4th Avenue Ocean Unit Ocean
- 11688 6th Avenue Ocean
- 11688 6th Avenue Ocean Unit Ocean
- 11525 6th Avenue Ocean
- 598 116th Street Ocean
- 11683 6th Avenue Ocean
- 11689 4th Avenue Ocean
- 487 116th St
- 11499 5th Avenue Ocean
- 487 116th Street Ocean
- 11554 4th Avenue Ocean
Your Personal Tour Guide
Ask me questions while you tour the home.