Affordable Florida Keys Living with Weekly Rental Potential in the Heart of Marathon
Whether you're searching for a full-time residence, a vacation retreat, or an income-producing investment property, this charming 3-bedroom, 2-bath Conch cottage offers exceptional value in today's market. This property blends classic Keys character with modern upgrades and desirable rental flexibility. Newly renovated the home is move-in ready and designed for easy island living. Interior features include quartz countertops, stainless steel appliances, impact-resistant windows, and energy-efficient mini-split A/C systems that help keep utility costs low. The low-maintenance lot provides ample parking and storage, making it ideal as a primary residence, second home, or vacation rental. Situated in a weekly rental area, this property offers excellent income potential while allowing owners to enjoy their own slice of paradise. Conveniently located just minutes from world-class boating, fishing, waterfront dining, shopping, and all the attractions that make the Florida Keys such a coveted destination, this Little Venice gem combines affordability, convenience, and investment opportunity. Don't miss this rare opportunity to own an affordable piece of the Florida Keys with the flexibility to enjoy it, rent it, or both. Schedule your private showing today!
For sale
$655,000
11554 5th Ave, Marathon, FL 33050
3beds
1,222sqft
Single Family Residence
Built in 1955
2,613 Square Feet Lot
$624,800 Zestimate®
$536/sqft
$-- HOA
What's special
Move-in readyNewly renovatedQuartz countertopsAmple parking and storageLow-maintenance lotImpact-resistant windowsStainless steel appliances
- 32 days
- 360
- 12
Zillow last checked:
Listing updated:
Listed by:
Paulette Thompson PA 305-923-4106,
Ocean Sotheby's International,
Jass Tremblay 305-304-7508,
Ocean Sotheby's International
Source: FLKMLS,MLS#: 620336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Ceiling Fans(s), Ductless
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Freezer, Stainless Steel Appliance(s)
Features
- Pantry, Built-in Features, Storage, Quartz Countertops
- Flooring: Tile
Interior area
- Total structure area: 1,222
- Total interior livable area: 1,222 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Exterior features: Lighting, Storage
- Fencing: Fenced
Lot
- Size: 2,613 Square Feet
- Dimensions: 55 X 50
Details
- Additional structures: Shed(s)
- Parcel number: 00345850000000
- Zoning: RH - Residential High
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conch
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Utilities for property: Elect Separate Meter, Cable Available
Community & HOA
Community
- Features: Community Boat Ramp
- Security: On Premises System, Security System
- Subdivision: Little Venice (53.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $536/sqft
- Tax assessed value: $474,952
- Annual tax amount: $4,708
- Date on market: 9/19/2026
- Listing terms: Cash,Conventional,FHA
Estimated market value
$624,800
$594,000 - $656,000
$4,404/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Listed for sale | $655,000-4.4%$536/sqft |
Source: | ||
| 8/26/2026 | Listing removed | $685,000$561/sqft |
Source: | ||
| 6/19/2026 | Listed for sale | $685,000-0.6%$561/sqft |
Source: | ||
| 2/26/2026 | Listing removed | $689,000$564/sqft |
Source: | ||
| 1/12/2026 | Price change | $689,000-5.6%$564/sqft |
Source: | ||
| 11/21/2025 | Listed for sale | $730,000+4.3%$597/sqft |
Source: | ||
| 9/25/2025 | Listing removed | $700,000$573/sqft |
Source: | ||
| 4/9/2025 | Price change | $700,000-4.1%$573/sqft |
Source: FLKMLS #611790 Report a problem | ||
| 4/3/2025 | Price change | $730,000+4.3%$597/sqft |
Source: | ||
| 1/21/2025 | Price change | $700,000-4.1%$573/sqft |
Source: | ||
| 12/10/2024 | Price change | $730,000-3.9%$597/sqft |
Source: | ||
| 10/11/2024 | Listed for sale | $760,000+15.3%$622/sqft |
Source: | ||
| 8/8/2024 | Sold | $659,000$539/sqft |
Source: | ||
| 6/24/2024 | Contingent | $659,000$539/sqft |
Source: | ||
| 6/24/2024 | Pending sale | $659,000$539/sqft |
Source: | ||
| 6/7/2024 | Listed for sale | $659,000+88.3%$539/sqft |
Source: | ||
| 7/21/2020 | Sold | $350,000-12.1%$286/sqft |
Source: | ||
| 2/11/2020 | Price change | $398,000-5%$326/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #588332 Report a problem | ||
| 2/1/2020 | Listed for sale | $419,000-2.3%$343/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #588332 Report a problem | ||
| 7/20/2019 | Listed for sale | $429,000-8.7%$351/sqft |
Source: Coldwell Banker Schmitt Islamorada #586585 Report a problem | ||
| 1/30/2019 | Listing removed | $470,000$385/sqft |
Source: Island Breeze Realty, LLC #582305 Report a problem | ||
| 5/1/2018 | Price change | $470,000-2.1%$385/sqft |
Source: Island Breeze Realty, LLC #577193 Report a problem | ||
| 2/12/2018 | Listed for sale | $480,000$393/sqft |
Source: Island Breeze Realty, LLC #577193 Report a problem | ||
| 12/29/2017 | Listing removed | $480,000$393/sqft |
Source: Island Breeze Realty, LLC #577193 Report a problem | ||
| 10/26/2017 | Listed for sale | $480,000+221.1%$393/sqft |
Source: Island Breeze Realty, LLC #577193 Report a problem | ||
| 2/2/2001 | Sold | $149,500+86.9%$122/sqft |
Source: Public Record Report a problem | ||
| 5/18/2000 | Sold | $80,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,708 +47.7% | $474,952 +46.8% |
| 2024 | $3,188 +3.2% | $323,634 +3% |
| 2023 | $3,087 +1.7% | $314,208 +3% |
| 2022 | $3,035 -0.5% | $305,057 +3% |
| 2021 | $3,050 +6.9% | $296,172 +25.1% |
| 2020 | $2,853 | $236,658 -9.4% |
| 2019 | $2,853 +2.9% | $261,238 +1.6% |
| 2018 | $2,774 +8.4% | $257,212 +15.8% |
| 2017 | $2,558 +9.8% | $222,195 -14.2% |
| 2016 | $2,329 -3.6% | $258,962 +44.5% |
| 2015 | $2,417 | $179,198 |
Find assessor info on the county website
Monthly payment
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