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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:
2/15/2026
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 unmatched potential.
More Information MLS# 618304
Contract Information
Current Price: $699,000
Listing Date: 2026-01-25
Listing Board: Marathon/Lower Keys
List Price: $699,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
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
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
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Financial Status
Bank Owned: No
Potential Short Sale: No
Standard Sale: 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 - 15 - 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.
