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For sale
  • $979,000

    10833 2nd Ave, Marathon, FL 33050

    5beds
    2,111sqft
    : 
    $5,977/mo
    Get pre-qualified
    Multi Family
    Built in 1959
    -- sqft lot
    $929,900 Zestimate®
    $464/sqft
    $-- HOA

    What's special

    Fully renovatedModern open-concept interiorAmple on-site parkingWell-equipped kitchenetteSpacious layoutThree updated units
    SELLER FINANCING AVAILABLE | TURNKEY INCOME TRIPLEX IN THE HEART OF MARATHON Welcome to a fully renovated, income-producing triplex in one of the Florida Keys' most sought-after markets. With three updated units generating consistent revenue in gross rental income, this is a rare turnkey opportunity for investors -- or a smart way for an owner-occupant to live for free while collecting rent from the other two units. The Property: Unit 1 -- 2BR/1BA, spacious layout, modern open-concept interior, currently leased Unit 2 -- 2BR/1BA, fully renovated, currently leased Unit 3 -- Efficiency unit with well-equipped kitchenette, ideal for a single tenant or short-term renter, currently leased All units are fully updated, tenants are on flexible month-to-month leases (ideal for a buyer who wants immediate cash flow with future flexibility), and ample on-site parking makes this property easy to manage. Prime Marathon location puts residents minutes from shops, restaurants, and everything the Middle Keys lifestyle has to offer. Bonus: A Letter of Determination with 3 rights is available, and the seller is offering financing with $500,000K down over a 5 year term at a competitive rate -- a major advantage in today's rate environment. Whether you're building a rental portfolio or looking for owner-occupied income property in the Keys, this triplex checks every box. Schedule your private showing today -- inventory like this doesn't last in Marathon.
    25 days
    673
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Herold 310-421-5543,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 620847MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Cooling
      • Wall/Window Unit(s), Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
      Interior area
      • Total structure area: 2,111
      • Total interior livable area: 2,111 sqft

      Property

      Accessibility
      • Accessibility features: Parking
      Lot
      • Size: 4,356 Square Feet
      Details
      • Parcel number: 00333710000000
      • Zoning: RM - Residential Medium

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Concrete
      Condition
      • Year built: 1959

      Community & HOA

      Community
      • Subdivision: Key Colony Sub (53.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $464/sqft
      • Tax assessed value: $578,648
      • Annual tax amount: $6,477
      • Date on market: 8/3/2026
      • Listing terms: Seller Finance Psble

        Estimated market value

        $929,900

        $883,000 - $976,000

        $3,169/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$979,000+15.2%$464/sqft
        Source: FLKMLS #620847 Report a problem
        1/14/2024Listing removed--
        Source: FLKMLS #606009 Report a problem
        10/11/2023Listed for sale$850,000$403/sqft
        Source: Key West AOR #606009 Report a problem
        9/13/2023Contingent$850,000$403/sqft
        Source: Key West AOR #606009 Report a problem
        7/17/2023Listed for sale$850,000+277.9%$403/sqft
        Source: Key West AOR #606009 Report a problem
        8/11/2016Sold$224,900$107/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,478 +7.5%$487,604 +21%
        2023$6,026 +11.5%$402,978 +10%
        2022$5,407 +14.7%$366,344 +10%
        2021$4,713 +1.5%$333,040 +0.7%
        2020$4,643 $330,736 -3.3%
        2019$4,643 +4.2%$342,106 -0.9%
        2018$4,456 +6.8%$345,242 +38.9%
        2017$4,171 +13.4%$248,487 +39.7%
        2016$3,678 +19.9%$177,898 -15%
        2015$3,069 $209,395
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33050

        Getting around

        43 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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