10833 2nd Avenue Gulf Avenue, Marathon, FL 33050
New Listing
$979,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,111
Lot Size (sq. ft.):
4,428
Status:
Active
Current Price:
$979,000
List Date:
8/03/2026
Last Modified:
8/03/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 620847
Location, Tax & Legal
- Street #
- 10833
- Street Name
- 2nd Avenue Gulf
- Street Suffix
- Avenue
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- County
- Monroe
- Subdivision
- Key Colony Sub (53.0)
- Area
- 15 - Sombrero Bch Rd to Vaca Cut Gulfside
- City
- MARATHON
- Off Shore Island
- No
- Mile Marker
- 53
- Marathon Neighborhood
- Marathon East - Gulf (Airport to Vaca)
- Side
- Bay/Gulf
- Flood Zone
- AE
- Alternate Key #
- 1411426
- Parcel #
- 00333710-000000
- Zoning
- RM - Residential Medium
- Deed Restrictions
- No
- Legal
- LT 5 KEY COLONY SUBDIVISION NO 1 KEY VACA PB3-107 OR48-199 OR174-200 OR950-389 OR2650-1282 OR2810-827
- Taxes
- 6477.69
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida Keys
- As is Rght to Inspct
- Yes
- Species List
- No
General Property Description
- Realtor.COM Type
- Multi-family
- Style
- Multi-Units
- Waterfront
- No
- Pool
- No
- Year Built
- 1959
- Lot SqFt
- 4428
- Lot Sqft Source
- Property Data Card
- Acres
- 0.1
- Living Apx SqFt
- 2111
- SqFt Source
- Property Data Card
- Total Bedrooms
- 5
- Full Baths
- 3
- Total Baths
- 3
- Rentals Allowed
- Yes
- Min Rental Days
- 7
- Control Depth
- 0
- Total Units
- 0
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
Building Style
- Above Flood
- Yes
More Information
Remarks & Misc
- Remarks – Consumer
- 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.
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Wall/Window Unit(s)
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Windows/Doors
- Impact Rstnce Window
- Yes
Construction
- Concrete
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Terms
- Seller Finance Psble
- Yes
Utilities
- FKAA
- Yes
Roof
- Other Roof
- Yes
Accessibility Feat
- Parking
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Cooling:
Ceiling Fans(s); Wall/Window Unit(s)
Utilities:
FKAA
Appliances:
Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Accessibility Feat:
Parking
Construction:
Concrete
Roof:
Other Roof
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Terms:
Seller Finance Psble
Listing Office:
Coldwell Banker Schmitt Islamorada
Last Updated: August - 03 - 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.
