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10833 2nd Avenue Gulf Avenue AVENUE

MARATHON, FL 33050
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Bed 5

Bed

Bath 3

Bath

SqFt2,111

Sqft

SELLER FINANCING AVAILABLE | TURNKEY INCOME TRIPLEX IN THE HEART OF MARATHONWelcome 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 leasedUnit 2 -- 2BR/1BA, fully renovated, currently leasedUnit 3 -- Efficiency unit with well-equipped kitchenette, ideal for a single tenant or short-term renter, currently leasedAll 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.

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Detail Ic Property Details

Property Type : Multi-family

Price : $979,000

AD Id : 89030546

MLS Id : 620847

Beds : 5

Living Area Size : 2,111

Year Built : 1959

County : Monroe

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Interior Features

    Appliances: Washer,Microwave,Oven,Refrigerator,Dishwasher,Dryer
  • Roofing Information

    Other Roof

    Heating & Cooling

    Cooling: Wall/Window Unit(s),Ceiling Fans(s) Water Front: No None No Waterview

    Window Information

    Window Treatments: Impact Rstnce Window

  • Building Information

    Year Built: 1959 Total Units: 0.00 Floor Location: 4428 Construction: Concrete Roof: Other Roof

  • Lot Information

    Lot Dimensions: X Lot SqFt: 4,428 Lot SqFt Source: Property Data Card LT 5 KEY COLONY SUBDIVISION NO 1 KEY VACA PB3-107 OR48-199 OR174-200 OR950-389 OR2650-1282 OR2810-827
  • Property Information

    SQ ft (Living Area): 2,111 View: No Waterview Subdivision: Key Colony Sub (53.0)

  • Listing Price Information

    List Price: $979,000
  • Listing Information

    Seller Finance Psble

  • Tax Information

    Taxes: $6,478 Tax Year: 2025 Parcel Number: 00333710-000000 Tax Exemptions: None

  • Multi-Unit Information

    Pets Allowed: Pets Allowed
  • Homeowners Association Information

    Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

  • Utility Information

    FKAA
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2394 Coco Plum Drive DR.., Marathon, FL, 33050 $11,000,000 18 21 12,198 12,198 SqFt
85 Coco Plum Dr A & B D.., Marathon, FL, 33050 $1,178,000 6 4 2,250 2,250 SqFt
14 125th Street Gulf, Marathon, FL, 33050 $3,549,000 -- -- --
574 & 576 99th Street O.., Marathon, FL, 33050 $1,300,000 4 4 1,854 1,854 SqFt
668 & 670 89th Street O.., Marathon, FL, 33050 $1,725,000 4 4 2,016 2,016 SqFt
668 89th Street Ocean, Marathon, FL, 33050 $899,000 2 2 1,008 1,008 SqFt
425 89th Street #OCEAN, Marathon, FL, 33050 $739,500 2 2 945 945 SqFt
329 63 Court Gulf Court.., Marathon, FL, 33050 $500,000 2 2 1,302 1,302 SqFt
217 Sombrero Beach Road.., Marathon, FL, 33050 $3,197,000 8 6 3,680 3,680 SqFt
1306 &1308 51st Street .., Marathon, FL, 33050 $990,000 4 2 1,568 1,568 SqFt

ByOwner last updated this listing 08/04/2026 @ 19:34

MLS: 620847 LISTED BY: Kristin Herold , Coldwell Banker Schmitt Islamorada 305-664-4470 SOURCE: Florida Keys MLS, Inc.

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