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487 116th Street
Marathon FL 33050 US

$699,000

Active Listing ID 618304
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2 bed
bath icon
2.00 Bath (2 Full)
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Multi Family

$699,000

Active Listing ID 618304
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487 116th Street 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Shed
  • Floor Covering: Tile
  • Roof Type: Metal

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 699000
  • unparsedaddress: 487 116th Street
  • postalcity: Marathon
  • stateorprovince: FL
  • country: US
  • postalcode: 33050
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 907
  • livingareaunits: Square Feet
  • latitude: 24.728445
  • longitude: -81.032192
  • listagentfullname: Paulette Thompson PA
  • listagentemail: marathongem1@gmail.com
  • listagentkey: 3yd-MLKARFL-20090928150036222577000000
  • listagentmlsid: 20090928150036222577000000
  • listagentpreferredphone: 3059234106
  • listagentofficephone: 3057354447
  • listofficekey: 3yd-MLKARFL-20110510131323450804000000
  • listagentstatelicense: 3225300
  • listofficemlsid: 20110510131323450804000000
  • disclaimer: Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLKARFL
  • yearbuilt: 1953
  • listagenturl: http://www.oceansir.com
  • countyorparish: Monroe
  • appliances: Dryer, Microwave, Range, Refrigerator
  • cooling: Ceiling Fan(s)
  • flooring: Tile
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Sotheby's International Realty
  • interiorfeatures: Built-in Cabinets, Window Treatments, Storage, Smoke Alarms
  • exteriorfeatures: Shed
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
  • otherstructures: Packing Shed, Shed(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.03219, 24.728445
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ocean Sotheby's International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marathongem1@gmail.com", "ListBrokerageCity":"Marathon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"JOANNINTHEKEYS@GMAIL.COM", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLKARFL/e61253f1f07b11e1bf991231390a4a42/20200104174425107.png", "ListBrokerageName":"Ocean Sotheby's International Realty", "ListBrokeragePhone":"(305) 735-4095", "ListBrokeragePostalCode":"33050", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10055 Overseas Highway", "ListBrokerageWebsiteUrl":"http://oceansir.com", "ListOfficeAddress1":"12420 Overseas Highway", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20060624040424453198000000", "ListOfficeCity":"Marathon", "ListOfficeCountry":"US", "ListOfficeEmail":"lvarney@oceansir.com", "ListOfficePostalCode":"33050", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-family - Marathon, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/487-116th-Street-Ocean_Marathon_FL_33050_M64401-11018?f=listhub&s=MLKARFL&m=618304&c=rexren", "MLSModificationTimestamp":"2026-01-30T11:24:12Z", "Neighborhoods":[{"Description":null, "Name":"16 - Sombrero Bch Rd to Vaca Cut - Oceanside"}], "PostalCode":null, "RawPropertySubType":"Multi-family", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4419.95, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/30/2026 8:06:56 PM GMT
Source Updated Date: 2/4/2026 12:52:35 PM GMT

Courtesy of: Paulette Thompson PA, Ocean Sotheby's International, marathongem1@gmail.com

Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.