10833 2nd Avenue Gulf Avenue, Marathon, FL 33050
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
10833 2nd Avenue Gulf Avenue,Marathon, FL 33050
$979,000
- 5 Beds
- 3 Baths
- 2,111 sq. ft.
- Multi-family
- Active
Listed by: kristin herold
Office: coldwell banker schmitt islamorada
MLS#:620847
Source:FL_FKBOR
Price summary
- Price:$979,000
- Price per sq. ft.:$463.76
About this home
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....
Contact an agent
Home facts
- Year built:1959
- Subdivision & Development:Key Colony Sub (53.0)
- Listing ID #:620847
- Added:3 day(s) ago
- Updated:August 07, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Living area:2,111 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans(s), Wall/Window Unit(s)
Structure and exterior
- Year built:1959
- Building area:2,111 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Concrete
Finances and disclosures
- Price:$979,000
- Price per sq. ft.:$463.76
- Tax amount:$6,477
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