10833 2nd Avenue Gulf Avenue, Marathon, FL 33050

$979,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,111 Lot Size (sq. ft.): 4,428 Status: Active
Current Price: $979,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Description

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.

More Information MLS# 620847

Contract Information

Current Price: $979,000 Listing Date: 2026-08-03 Listing Board: Florida Keys List Price: $979,000 As is Rght to Inspct: Yes Species List: No

Location Tax Legal

Street #: 10833 Street Name: 2nd Avenue Gulf Street Suffix: Avenue Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Key Colony Sub (53.0) Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside

General Property Description

Realtor.COM Type: Multi-family Style: Multi-Units Waterfront: No Pool: No Year Built: 1959 Lot Size: X Lot SqFt: 4428 Lot Sqft Source: Property Data Card Acres: 0.1 Living Apx SqFt: 2111 SqFt Source: Property Data Card Total Bedrooms: 5 Full Baths: 3 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Accessibility Feat: Parking Construction: Concrete Roof: Other Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Seller Finance Psble
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: August - 03 - 2026
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