Vintage 1950s Conch House with Bonus Lot - Endless Potential in the Florida Keys.Step back in time with this classic 1950s conch house, ready for a fresh new vision. This charming fixer-upper offers the perfect opportunity to restore a piece of Florida Keys history or reimagine it entirely. Whether you're looking for a renovation project, a vacation retreat, or a long-term investment, this property is full of potential. The sale includes an additional adjacent parcel, giving you extra space for expansion, parking, a pool, guest cottage, or future development (buyer to verify). With two separate lots included in the price, the possibilities are endless. Located in a peaceful and established neighborhood, you'll enjoy the authentic island vibe, mature trees, and proximity to boating, dining, and all that the Keys lifestyle has to offer.
Sold for $390,000
$390,000
585 116th St, Marathon, FL 33050
2beds
984sqft
Single Family Residence
Built in 1955
2,613.6 Square Feet Lot
$390,900 Zestimate®
$396/sqft
$2,749 Estimated rent
Home value
$390,900
$340,000 - $446,000
$2,749/mo
Zestimate® history
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$2,313/mo
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$2,313/mo
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List your homeWhat's special
Mature treesAdditional adjacent parcelExtra space for expansion
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
Bought with:
outside of mls
Outside Of MLS
Source: FLKMLS,MLS#: 615161
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Cooling
- Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Washer, Oven, Range, Refrigerator
Features
- Utility Room
- Flooring: Tile, Laminate
- Windows: Drapes/Blinds Incl, Clam Shell
Interior area
- Total interior livable area: 984 sqft
Property
Parking
- Total spaces: 3
- Parking features: Open, Off Street, Guest
- Has uncovered spaces: Yes
Features
- Levels: Ground Level
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 2,613 sqft
- Features: Less Than 1/4 Acre
Details
- Additional parcels included: 00345820000000
- Parcel number: 00345810000000
- Zoning: RM-1
- Zoning description: Residential Medium - 1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Tar/Gravel
Condition
- Fixer
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Location
- Region: Marathon
- Subdivision: Little Venice (53.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Sold | $390,000-13.3%$396/sqft |
Source:  FLKMLS #615161 Report a problem | ||
| 11/21/2025 | Pending sale | $450,000$457/sqft |
Source: FLKMLS #615161 Report a problem | ||
| 11/18/2025 | Contingent | $450,000$457/sqft |
Source: FLKMLS #615161 Report a problem | ||
| 10/6/2025 | Listed for sale | $450,000$457/sqft |
Source:  MLKAR #615161 Report a problem | ||
| 9/22/2025 | Contingent | $450,000$457/sqft |
Source: FLKMLS #615161 Report a problem | ||
| 9/9/2025 | Price change | $450,000-9.8%$457/sqft |
Source:  Key West AOR #615161 Report a problem | ||
| 7/11/2025 | Price change | $499,000-20.2%$507/sqft |
Source: FLKMLS #615161 Report a problem | ||
| 5/23/2025 | Listed for sale | $625,000$635/sqft |
Source: FLKMLS #615161 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,428 +0.3% | $286,129 +10% |
| 2024 | $3,417 +7.6% | $260,117 +10% |
| 2023 | $3,176 +9% | $236,470 +10% |
| 2022 | $2,914 +11.1% | $214,973 +10% |
| 2021 | $2,623 +9.6% | $195,430 +10% |
| 2020 | $2,395 | $177,664 -22.4% |
| 2019 | $2,395 +3.1% | $228,811 +6.2% |
| 2018 | $2,322 +9.4% | $215,361 +18% |
| 2017 | $2,123 +10.2% | $182,489 -16.5% |
| 2016 | $1,927 -4.8% | $218,439 +59.2% |
| 2015 | $2,025 | $137,193 |
Find assessor info on the county website
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.4 mi
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Estimated market value
$390,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$390,900
- Florida
- Monroe County
- Marathon
- 33050
- 585 116th St
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