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487 116th Street, Marathon, FL 33050

$699,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 907 Lot Size (sq. ft.): 2,750 Status: Active
Current Price: $699,000 List Date: 1/26/2026 Last Modified: 2/11/2026

Overview

Description

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 units 1 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 unmatch ...

Listing Details MLS# 618304

Location, Tax & Legal

Street #
487
Street Name
116th
Street Suffix
Street
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Little Venice (53.0)
Area
16 - Sombrero Bch Rd to Vaca Cut - Oceanside
City
MARATHON
Mile Marker
53
Marathon Neighborhood
Marathon East - Ocean (Airport to Vaca)
Side
Ocean
Flood Zone
AE
Alternate Key #
1423670
Zoning
RM-1 - Residential Medium - 1
Deed Restrictions
Unknown
Legal
LT 48 LITTLE VENICE NO2 PB3-26 KEY VACCA OR442-683
Taxes
4419.95
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Multi-family
Style
Duplex
Waterfront
No
Pool
No
Year Built
1953
Lot SqFt
2750
Lot Sqft Source
Property Data Card
Living Apx SqFt
907
SqFt Source
Property Data Card
Total Bedrooms
2
Full Baths
2
Total Baths
2
Rentals Allowed
Yes
Min Rental Days
7
Control Depth
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
Unknown
Ground Level
Yes

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No
Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
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 units 1 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.
Directions
From US 1, turn onto 116th St. The property will be on your right.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Wall/Window Unit(s)
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Tile
Yes

Interior Features

Built-in Cabinets
Yes
Smoke Alarms
Yes
Storage
Yes
Window Treatments
Yes

Property Condition

Updated/Remodeled
Yes

Windows/Doors

Aluminum Windows
Yes
Casement
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Utilities

Buyer to Verify
Yes
Cable Available
Yes
Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Porch/Balcony

Patio
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Shed
Yes

Pre-Wired

Cable
Yes

Roof

Metal Roof
Yes

Shutters

Panel
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Smoke Alarms; Storage; Window Treatments Pre-Wired: Cable Appliances: Dryer; Microwave; Range; Refrigerator; Washer Exterior Features: Shed Construction: CBS Shutters: Panel Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: February - 11 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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