Discover your dream investment at 11283 4th Ave Ocean in Marathon, a legal duplex featuring a 1 bed, 1 bath unit on the first floor, and a 2 bed, 2 bath with an office upstairs, both offering the potential for rental income or personal use. This property is an investor's delight with options to rent, sell a TBR, or convert to condos, complemented by a new heated saltwater pool, privacy fence, travertine pavers, covered patios, a hot tub, and a garage with AC and an EV charger. It comfortably accommodates parking for over five vehicles, including RV and boat trailers. 2016 metal roof, equipped with all impact windows (brand new on the first floor), and includes amenities like shore power, an outdoor shower, and a fish cleaning station. Each unit has separate electric meters, in-unit laundry, with the first floor boasting a new bathroom and the second floor featuring modern updates like a large walk-in shower, cathedral ceilings, and a sleek kitchen, all while providing breathtaking ocean views from a 250 sq ft deck. Nestled in a prime location on the Atlantic side, this property offers direct ocean access for fishing with 60 ft of dock space, making it a perfect blend of luxury, practicality, and investment potential.
Sold for $1,600,000
$1,600,000
11283 4th Ave, Marathon, FL 33050
3beds
1,878sqft
Duplex, Single Family Residence
Built in 1955
-- sqft lot
$1,720,100 Zestimate®
$852/sqft
$3,623 Estimated rent
Home value
$1,720,100
$1.55M - $1.93M
$3,623/mo
Zestimate® history
Owner options
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$3,623/mo
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$3,623/mo
Rent Zestimate®
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$9,687/mo
Est. payment
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$9,687/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jonathan A. Shilalis 508-801-9530,
Shilalis Real Estate
Bought with:
Kristen Brenner/Margie Casey Team, BK3391013
Florida Keys Real Estate Group
Source: FLKMLS,MLS#: 611469
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Forced Air, Ductless
Cooling
- Central Air, Ductless, Attic Fan, Ceiling Fans(s), Heat Pump
Appliances
- Included: Washer, Water Purification, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer, Tankless Water Heater
- Laundry: Laundry Room
Features
- Built-in Cabinets, Walk-In Closet(s), Storage, Granite Counters, Cathedral Ceiling(s), Gym, Utility Room, Wired for Data
- Flooring: Tile, Other
- Doors: Sliding Glass Doors
- Windows: Drapes/Blinds Incl, Window Treatments, Double Hung Windows, Impact Rstnce Window, Aluminum Frames
Interior area
- Total interior livable area: 1,878 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Trailer Storage, Covered, RV Parking Open, Off Street, Guest, Open, Garage Door Opener, Attached, Carport
- Has garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Yes
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck, Patio, Roof Top Deck
- Exterior features: Water Display, Storage, Outdoor Shower, Lighting, Rain Gutters, Boat Slip
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked, Fiberglass, Salt Water
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced,Privacy
- Has view: Yes
- View description: Ocean, Water, Canal, Bay/Gulf View
- Has water view: Yes
- Water view: Ocean,Water,Canal,Bay/Gulf View
- Waterfront features: Oceanfront, Open Water, Canal Front, Bay Front, Waterfront, Dock: Wood, Dock Length: 60, Dockage: Boat Slip
Lot
- Size: 5,662 sqft
- Features: More than 1 Lot
Details
- Additional structures: Guest House, Shed(s), Detached Guest Qtrs
- Parcel number: 00344640000000
- Zoning: RM
- Zoning description: Residential Medium
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
- Attached to another structure: Yes
Materials
- CBS, Combo Construction, Frame, Concrete
- Roof: Metal
Condition
- New Construction,Updated/Remodeled
- New construction: Yes
- Year built: 1955
Utilities & green energy
- Electric: Generator, Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Connected
Green energy
- Energy efficient items: Lighting, Thermostat
Community & neighborhood
Security
- Security features: Smoke Detector(s), Other
Community
- Community features: Community Dockage, Bike Paths, Airport/Runway, Beach, Fire Hydrant, Tennis Court(s), Community Boat Ramp
Location
- Region: Marathon
- Subdivision: Little Venice (53.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Sold | $1,600,000-2.4%$852/sqft |
Source:  FLKMLS #611469 Report a problem | ||
| 10/20/2024 | Pending sale | $1,639,999$873/sqft |
Source: FLKMLS #611469 Report a problem | ||
| 10/2/2024 | Contingent | $1,639,999$873/sqft |
Source: FLKMLS #611469 Report a problem | ||
| 10/1/2024 | Price change | $1,639,999-0.3%$873/sqft |
Source:  MLKAR #611469 Report a problem | ||
| 9/24/2024 | Price change | $1,645,000-0.3%$876/sqft |
Source: MLKAR #611469 Report a problem | ||
| 9/15/2024 | Price change | $1,650,000-1.5%$879/sqft |
Source: MLKAR #611469 Report a problem | ||
| 8/30/2024 | Price change | $1,675,000-0.3%$892/sqft |
Source: MLKAR #607862 Report a problem | ||
| 8/29/2024 | Listing removed | $5,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2024 | Price change | $1,680,000-0.6%$895/sqft |
Source: MLKAR #607862 Report a problem | ||
| 8/2/2024 | Listed for rent | $5,000-44.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2024 | Price change | $1,690,000-0.3%$900/sqft |
Source:  Key West AOR #607862 Report a problem | ||
| 7/9/2024 | Listing removed | -- |
Source: MLKAR #610244 Report a problem | ||
| 7/8/2024 | Price change | $9,000-3.2%$5/sqft |
Source: MLKAR #610244 Report a problem | ||
| 7/8/2024 | Price change | $1,695,000-0.3%$903/sqft |
Source: MLKAR #607862 Report a problem | ||
| 6/3/2024 | Listed for rent | $9,300+106.7%$5/sqft |
Source: MLKAR #610244 Report a problem | ||
| 5/22/2024 | Price change | $1,700,000-1.2%$905/sqft |
Source: MLKAR #607862 Report a problem | ||
| 5/10/2024 | Price change | $1,720,000+0%$916/sqft |
Source: MLKAR #607862 Report a problem | ||
| 3/8/2024 | Price change | $1,719,9990%$916/sqft |
Source: MLKAR #607862 Report a problem | ||
| 12/4/2023 | Price change | $1,720,000+7.8%$916/sqft |
Source: Key West AOR #607665 Report a problem | ||
| 5/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/4/2023 | Listed for rent | $4,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2023 | Price change | $1,595,000-0.3%$849/sqft |
Source: Owner Report a problem | ||
| 3/25/2023 | Price change | $1,600,000-3%$852/sqft |
Source: Owner Report a problem | ||
| 2/13/2023 | Listed for sale | $1,650,000+32.3%$879/sqft |
Source: Owner Report a problem | ||
| 12/16/2021 | Sold | $1,247,500+229.2%$664/sqft |
Source: Public Record Report a problem | ||
| 12/17/2012 | Sold | $379,000+67%$202/sqft |
Source: Public Record Report a problem | ||
| 10/1/2001 | Sold | $227,000$121/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,667 +12% | $1,334,760 +16.5% |
| 2024 | $11,305 +3.1% | $1,145,695 +4.3% |
| 2023 | $10,970 +14.2% | $1,098,648 +20.1% |
| 2022 | $9,602 +145.2% | $914,813 +139.3% |
| 2021 | $3,917 +1.4% | $382,315 +0.3% |
| 2020 | $3,863 | $381,310 +1.7% |
| 2019 | $3,863 +1.7% | $374,830 +0.7% |
| 2018 | $3,798 +4.7% | $372,103 +11.2% |
| 2017 | $3,628 +4.9% | $334,637 +10.4% |
| 2016 | $3,460 +3.4% | $303,206 -3.2% |
| 2015 | $3,344 | $313,084 |
Find assessor info on the county website
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.2 mi
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Estimated market value
$1,720,100
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Estimated market value
$1,720,100
- Florida
- Monroe County
- Marathon
- 33050
- 11283 4th Ave
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