487 116th Street, Marathon, FL 33050

$699,000

Virtual Tour

http://tours.keyspropertyvisuals.com/vtnb/361407

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 907 Lot Size (sq. ft.): 2,750 Status: Active

Current Price: $699,000 List Date: 1/26/2026 Last Modified: 2/15/2026

Description

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 units 1 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.

More Information MLS# 618304

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $699,000 Listing Date: 2026-01-25 List Price: $699,000

Location, Tax & Legal

City: MARATHON Mile Marker: 53 Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca) Side: Ocean Flood Zone: AE Alternate Key #: 1423670 Zoning: RM-1 - Residential Medium - 1 Deed Restrictions: Unknown Legal: LT 48 LITTLE VENICE NO2 PB3-26 KEY VACCA OR442-683 Taxes: 4419.95 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 487 Street Name: 116th Street Suffix: Street Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Little Venice (53.0) Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot SqFt: 2750 Pool: No Lot Sqft Source: Property Data Card SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Duplex Year Built: 1953 Living Apx SqFt: 907 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: 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 units 1 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. Directions: From US 1, turn onto 116th St. The property will be on your right.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Interior Features

Built-in Cabinets: 1 Smoke Alarms: 1 Storage: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Ground Level: 1

Windows/Doors

Aluminum Windows: 1 Casement: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Shed: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Shutters

Panel: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Smoke Alarms; Storage; Window Treatments Pre-Wired: Cable Appliances: Dryer; Microwave; Range; Refrigerator; Washer Exterior Features: Shed Construction: CBS Shutters: Panel Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer

Listing Office: Ocean Sotheby's International Realty

Last Updated: February - 15 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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