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$898,000
Listing Price5beds
3baths
2,111sqft
4,428sqft lot
10833 2nd Avenue Gulf, Marathon, FL 33050
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
LETTER OF DETERMINATION WITH 3 RIGHTS | SELLER FINANCING | INCOME-PRODUCING TRIPLEX IN MARATHON Building rights are the scarcest asset in the Florida Keys, and this property comes with a Letter of Determination confirming 3 rights. That makes it an opportunity to hold, improve, or reposition a triplex in the Middle Keys with the entitlements already documented. Seller financing is available: $500,000 down over a 5-year term at a competitive rate, a real advantage in today's rate environment. The Property: Three fully renovated units, all currently leased: Unit 1: 2BR/1BA, spacious layout, modern open-concept interior Unit 2: 2BR/1BA, fully renovated Unit 3: Efficiency with a well-equipped kitchenette, ideal for a single tenant or short-term renter Tenants are on flexible month-to-month leases, which gives a buyer immediate cash flow and room to change course later. Ample on-site parking keeps the property easy to manage. Location: In the heart of Marathon, minutes from shops, restaurants, and everything the Middle Keys lifestyle offers. Who It's For: Investors building a rental portfolio, or an owner-occupant who wants to live in one unit and let the other two help cover the cost of ownership. Schedule your private showing today. Properties with documented building rights and owner financing don't come along often in Marathon.
Interior Details
2111
5
3
Has Heating:
No
Heating Type:
None
Has Cooling:
Yes
Cooling Type:
Wall Unit
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
Plywood
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4428
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Triplex
Concrete Block
N/A
Flat
Roll Tar & Gravel
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$4,642
$0
$0
--%
$330,736
2019
$4,456
$0
$0
--%
$300,669
2018
$4,170
$0
$0
--%
$273,336
2017
$3,677
$65,047
$183,440
--%
$248,487
2016
$3,068
$27,508
$150,390
--%
$177,898
2014
$3,599
$0
$0
--%
$221,815
2013
$2,598
$0
$0
--%
$156,972
2012
$2,440
$0
$0
--%
$146,389
Average Home Price in 33050
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$1,200,000
$1,200,000
4 Beds
3 Baths
1,888 Sqft
9,613 Lot (sqft)
Sold 10/07/2026
$898,000
5 Beds
3 Baths
2,111 Sqft
4,428 Lot (sqft)
Sold 08/02/2026






