587 116Th Street Ocean, Marathon, FL 33050

$539,900
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 832 Lot Size (sq. ft.): 2,750 Status: Closed
Current Price: $539,900 List Date: 2/22/2025 Last Modified: 6/19/2025

Description

What a lovely island escape! This updated and oh-so-charming Marathon bungalow is ideally located near everything that makes the Florida Keys magical—world-class diving and fishing, scenic kayak trails, pristine state parks, gorgeous beaches, and, of course, legendary tiki bars. Designed for easy living from Day 1, this solid concrete home features newer roof, windows, and AC units, plus a beautifully renovated kitchen and bath, a spa, and the convenience of onsite laundry. Fully furnished and completely turnkey, it's an active vacation rental with glowing reviews—giving you the flexibility to enjoy it yourself or let it generate income effortlessly. Whether you're looking for a laid-back island retreat or a savvy investment, this low-maintenance property is ready to welcome you to island life! Buyer to verify all information.

More Information MLS# 613835

Contract Information

Current Price: $539,900 Listing Date: 2025-02-21 Listing Board: Florida Keys Sold Price: $539,900

Location Tax Legal

Street #: 587 Street Name: 116Th Street Ocean 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: Residential - Single Family Style: Single Family Waterfront: No Pool: No Year Built: 1969 Lot SqFt: 2750 Acres: 0.06 Living Apx SqFt: 832 SqFt Source: Property Data Card Total Bedrooms: 2 Full Baths: 1 Total Baths: 1 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Sold Date: 2025-04-28 Sold Price: $539,900 Status: Closed

Association Info

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

Building Style

Above Flood: Unknown

Appliances

Other: Beverage Cooler

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Negotiable Cooling: Ductless Heating: Ductless Utilities: Buyer to Verify; Cable Available; Municipal Sewer Interior Features: Smoke Alarms; Storage; Walk-in Closet(s); Other Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Hot Tub; Shed Construction: CBS Floor: Combo; Tile Roof: Tar/Gravel Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; No Seller Finance; VA
Listing Office: Better Homes and Gardens Real Estate Destinations
Last Updated: June - 19 - 2025
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