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$898,000

Listing Price

5beds

3baths

2,111sqft

4,428sqft lot

10833 2nd Avenue Gulf, Marathon, FL 33050

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1959

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

Square Feet
  • 2111

Bedrooms
  • 5

Bathrooms
  • 3

Heating
  • Has Heating:

    No

  • Heating Type:

    None

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Wall Unit

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Plywood

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4428

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Triplex

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • 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

percent-home-icon

Average Home Price in 33050

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$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

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
898,000
$
Down payment
179,600
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,388
$
HOA (Monthly)
0
$
PMI
0
$
$5,813
Your Payment
Total Monthly Payment:$5,813
Percent of Income:100%
Affordable:No

Details for 10833 2ND AVENUE GULF

Property Debt

Foreclosure Contact Details