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574 & 576 99th Street Ocean

MARATHON, FL 33050
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Bed 4

Bed

Bath 4

Bath

SqFt1,854

Sqft

Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features TWO spacious homes, 2BD/2BA on each side, each unit offers approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in 2020, the property blends modern finishes with the relaxed Florida Keys boating lifestyle.A true boater's dream, each side offers its own 30' concrete dock and seawall (60' total) complete with 30-amp shore power and fresh water hookups. Enjoy quick ocean access and easy Gulf access via Vaca Cut, making this an exceptional setup for anglers and boating enthusiasts alike. The waterside outdoor space s are designed for entertaining and enjoying the Keys lifestyle, featuring string lighting, solar-lit dock pilings, under-dock fish lights that attract snapper and tarpon, and frequent manatee visits along the canal.Located directly next door to Oceanfront Park, owners and guests enjoy immediate access to one of Marathon's premier waterfront parks offering pickleball courts, a dog park, kayak launch, open green space, waterfront walking trails, playgrounds, exercise equipment and community events. Conveniently located 4 miles from Sombrero Beach, and 1.5 miles from Coco Plum Beach.Currently tenant occupied with both units rented month-to-month. This property also has strong vacation rental potential. Ideal opportunity to live in one side while renting the other, or maximize income potential with a fully turnkey investment property in one of the Florida Keys' most desirable boating communities. Current Insurances are very reasonable:$3,841 Flood (Covers both sides)576 - $4,303 Wind 574 - $4,129 Wind576 - $860 HO/Liability 574 - $721 HO/Liabilty(Pictures are of 576 99th, 574 is the same layout/finishes. Access can be arranged

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Detail Ic Property Details

Property Type : Multi-family

Price : $1,250,000

AD Id : 78314908

MLS Id : 619866

Beds : 4

Living Area Size : 1,854 Sq. Ft

Tax Amount : $6,476.60

Year Built : 1959

County : Monroe

Subdivision: Waldin Park Estates

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4
  • Interior Features

    Granite Counter Top Tankless Hot Wtr Htr Appliances: Washer,Stainless Steel Appliance(s),Disposal,Microwave,Range,Refrigerator,Dishwasher
  • Roofing Information

    Other Roof

    Flooring Information

    Tile

    Heating & Cooling

    Cooling: Central Air Heating: Central Water Front: Yes Canal Front Canal View

    Window Information

    Window Treatments: Impact Rstnce Window,Impact Rstnce Doors

  • Building Information

    Year Built: 1959 Floor Location: 5220 Construction: CBS Roof: Other Roof

  • Lot Information

    Lot SqFt: 5,220 Lot SqFt Source: Property Data Card
  • Property Information

    SQ ft (Living Area): 1,854 View: Canal View Subdivision: Coral Colony (52.0)

  • Listing Price Information

    List Price: $1,250,000
  • Listing Information

    No Seller Finance,Cash,FHA,VA,Conventional

  • Tax Information

    Taxes: $6,477 Tax Year: 2025 Parcel Number: 00351980-000100 Tax Exemptions: Homestead

  • 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

    Buyer to Verify
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Nearby Home Value

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2394 Coco Plum Drive DR.., Marathon, FL, 33050 $11,000,000 18 21 12,198 --
14 125th Street Gulf, Marathon, FL, 33050 $3,549,000 -- -- -- 74,890 Sq. Ft
10833 2nd Avenue Gulf A.., Marathon, FL, 33050 $979,000 5 3 2,111 --
668 & 670 89th Street O.., Marathon, FL, 33050 $1,725,000 4 4 2,016 --
668 89th Street Ocean, Marathon, FL, 33050 $899,000 2 2 1,008 --
427 89th Street #OCEAN, Marathon, FL, 33050 $675,000 2 2 945 3,220 Sq. Ft
329 63 Court Gulf Court.., Marathon, FL, 33050 $500,000 2 2 1,302 --
17-18 Man-o-war Drive D.., Marathon, FL, 33050 $1,295,000 4 4 1,668 --
17 Manowar Drive DRIVE, Marathon, FL, 33050 $675,000 2 2 834 --
18 Man-o-war Drive DRIVE, Marathon, FL, 33050 $675,000 2 2 834 --

ByOwner last updated this listing 09/19/2026 @ 09:33

MLS: 619866 LISTED BY: Alexia Mann , Seafarer Realty LLC 305-209-5166 SOURCE: Florida Keys MLS, Inc.

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