1877-1875 107Th Street Gulf, Marathon, FL 33050

$410,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,656 Lot Size (sq. ft.): 8,083 Status: Closed
Current Price: $410,000 List Date: 9/13/2025 Last Modified: 10/21/2025

Description

Here's your chance to own an investment property that gives back to the community. Tucked away at the end of 107th Street Gulf, this affordable housing duplex offers 4 bedrooms and 2 baths across two units. The spacious corner lot is fenced in and includes a paved driveway, two storage sheds, utility rooms, and screened porches perfect for enjoying the Keys breeze. Each side features central A/C, tile floors, and practical updates that make them move-in ready for long-term tenants. Deed restricted for affordable housing, the property follows HUD rental guidelines and early evacuation rules. Buyers must confirm eligibility and qualification requirements. Short-term or vacation rentals are not permitted—this home is reserved for the people who live and work in Marathon. Surrounded by peace and quiet yet close to everything, this is affordable housing in the right place at the right price. Call today for more information.

More Information MLS# 616478

Contract Information

Current Price: $410,000 Listing Date: 2025-09-13 Listing Board: Key West Association Sold Price: $410,000 Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 1877-1875 Street Name: 107Th Street Gulf 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: Duplex Waterfront: No Pool: No Year Built: 1971 Total Units: 2 Lot SqFt: 8083 Lot Sqft Source: Property Data Card Living Apx SqFt: 1656 SqFt Source: Property Data Card Total Bedrooms: 4 Full Baths: 2 Total Baths: 2 Rentals Allowed: With Restrictions Min Rental Days: 30

Status Change Info

Sold Date: 2025-10-21 Sold Price: $410,000 Status: Closed

Association Info

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

Building Style

Above Flood: Unknown Stories: 1 Story

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Entrance Foyer; Storage Specialty Rooms: Laundry Room; Utility Room; Other Appliances: Dryer; Range; Refrigerator; Washer Exterior Features: Fencing; Shed; Storage Construction: CBS Shutters: Bahama; Panel; Other Floor: Combo; Laminate; Tile Roof: Shingle Roof Pets: Pets Allowed Neighborhood Feature: Bike Paths; Community Boat Ramp Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Truman & Co. (KW)
Last Updated: October - 21 - 2025
Broker Attribution: 305-395-2360

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