10833 2nd Avenue Gulf AVE Marathon, FL 33050
5 Beds
3 Baths
2,111 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,111 sqft
Price per Sqft $463
Subdivision Key Colony Sub (53.0)
MLS Listing ID 620847
Style Above Flood
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1959
Annual Tax Amount $6,477
Tax Year 2025
Lot Size 4,428 Sqft
Acres 0.1
Lot Dimensions X
Property Sub-Type Multi-Units
Land Area 2111
Property Description
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.
Location
State FL
County Monroe
Area 15 - Sombrero Bch Rd To Vaca Cut Gulfside
Zoning RM - Residential Medium
Interior
Cooling Wall/Window Unit(s), Ceiling Fans(s)
Window Features Impact Rstnce Window
Appliance Dryer, Washer, Dishwasher, Microwave, Oven, Refrigerator
Exterior
Utilities Available FKAA
Waterfront Description None
Roof Type Other Roof
Garage No
Building
Architectural Style Above Flood
Others
HOA Fee Include None
Tax ID 00333710-000000
Pets Allowed Yes
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