$979,000
- 5 Beds
- 3 Baths
- 2,111 sqft
10833 2nd Ave, Marathon, FL 33050
Est. Mortgage $5,767/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 88% nearby.
Home Highlights
Multi-Family
Built in 1959
$464/sqft
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 3 hours ago
Listing courtesy of Kristin Herold, (310) 421-5543
Coldwell Banker Schmitt Islamorada
Source: FLKMLS, MLS#620847

Also Listed on FLKMLS.
We estimate this home will sell faster than 88% nearby.
Home Details for 10833 2nd Ave
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2111 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, MicrowaveDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Has CoolingAir Conditioning: Wall/Window Unit(s),Ceiling Fans(s) |
Levels, Entrance, & Accessibility Accessibility: Parking |
View No View |
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Exterior Home Features No Private Pool |
Frontage Not on Waterfront |
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Days on Market: 31 |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: ResidentialProperty Subtype: Multi Family |
Building Construction Materials: Concrete |
Property Information Parcel Number: 00333710000000 |
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Price List Price: $979,000Price Per Sqft: $464 |
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MLS Status: Active |
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Direction & Address City: MarathonCommunity: Key Colony Sub (53.0) |
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Listing Agent Listing ID: 620847 |
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Building Area Building Area: 2111 Square Feet |
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HOA Fee Includes: NoneNo HOAHOA Fee: No HOA Fee |
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Lot Area: 4356 sqft |
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Listing Terms: Seller Finance Psble |
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Mls Number: 620847 |
Around this home
What Locals Say about Marathon
At least 61 Trulia users voted on each feature.
83 % Say car is needed
79 % Say people would walk alone at night
76 % Say parking is easy
72 % Say it's quiet
70 % Say it's dog friendly
70 % Say yards are well-kept
68 % Say there's holiday spirit
61 % Say it's walkable to restaurants
53 % Say there's wildlife
53 % Say they plan to stay for at least 5 years
51 % Say there are community events
49 % Say kids play outside
45 % Say neighbors are friendly
37 % Say it's walkable to grocery stores
36 % Say there are sidewalks
29 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Marathon
Last updated July 2026
Avg. sale price
$774K
$51.67KMoM
Sale-to-List Price
—
Price per sq ft
$630
$2MoM
Available listings
260
8MoM
Home Value
Trulia Estimate
$928KSince last month
Increased$241K (+33.4%)Since last year
Increased$159K (+19.9%)Since last sale
Increased$737K (+327.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +119% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $962K |
| August 2026 | $928K |
| July 2026 | $721K |
| June 2026 | $744K |
| May 2026 | $731K |
| April 2026 | $733K |
| March 2026 | $729K |
| February 2026 | $716K |
| January 2026 | $704K |
2025 | |
2024 | |
2023 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $410,000 | 10/21/25 | 4 | 2 | 1,656 | |
1.08 | Multi-Family Home | $1,900,000 | 01/16/26 | 5 | 4 | 2,333 | |
1.02 | Multi-Family Home | $760,000 | 12/23/25 | 2 | 2 | 1,185 | |
1.56 | Multi-Family Home | $1,055,000 | 08/20/26 | 6 | 4 | 2,250 | |
1.48 | Multi-Family Home | $1,680,000 | 08/07/26 | 6 | 4 | 2,528 | |
1.74 | Multi-Family Home | $510,000 | 04/03/26 | 4 | 3 | 1,203 | |
2.04 | Multi-Family Home | $763,000 | 03/31/26 | 4 | 3 | 2,074 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $440,000 | 2 | 2 | 810 | Recently Sold | |
0.03 | $482,500 | 2 | 2 | 783 | Off Market | |
0.04 | $2,414,900 | 3 | 2 | 3,770 | Off Market | |
0.05 | $751,200 | 3 | 2 | 1,362 | Off Market | |
0.04 | $687,800 | 4 | 2 | 1,500 | Off Market | |
0.05 | $405,300 | 1 | 1 | 690 | Off Market | |
0.07 | $455,000 | 2 | 1 | 864 | Recently Sold | |
0.10 | $668,800 | 3 | 2 | - | Off Market | |
0.09 | $416,700 | 4 | 2 | 1,656 | Off Market | |
0.09 | - | Studio | - | - | Off Market | |
0.10 | $1,176,400 | 3 | 2 | 1,152 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 3, 2026 Source: FLKMLS #620847 | Listed For Sale | $979,000 |
Jan 14, 2024 Source: FLKMLS #606009 | ListingRemoved | |
Oct 11, 2023 Source: Key West AOR #606009 | PendingToActive | $850,000 |
Sep 13, 2023 Source: Key West AOR #606009 | Contingent | $850,000 |
Jul 17, 2023 Source: Key West AOR #606009 | Listed For Sale | $850,000 |
Aug 11, 2016 Source: N/A | Sold | $224,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,478 | $578,648 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kristin Herold, Coldwell Banker Schmitt Islamorada
Agent Phone: (310) 421-5543

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.
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Frequently asked questions about 10833 2nd Ave
- What is the estimated monthly payment for 10833 2nd Ave?Based on a $979,000 list price with 20% down at today's rates, the estimated monthly payment for 10833 2nd Ave in Marathon, FL is approximately $5,870 (about $5,126 principal & interest, $669 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 10833 2nd Ave compare to homes in Marathon?10833 2nd Ave in Marathon, FL is listed at $979,000, about 26% above the $774K median sale price in Marathon.
- What do residents say about Marathon?Residents describe Marathon, FL as easy to park in, quiet, and dog-friendly. Most residents say you need a car. See homes for sale in Marathon, FL.
- What are the closest schools to 10833 2nd Ave?The closest schools to 10833 2nd Ave in Marathon, FL are Marathon School (Middle/High, rated 5/10), Stanley Switlik Elementary School (Pre-K, rated 5/10).
- Does 10833 2nd Ave have air conditioning?Yes, 10833 2nd Ave in Marathon, FL has air conditioning.
- Does 10833 2nd Ave have laundry facilities?Yes, 10833 2nd Ave in Marathon, FL has in-unit laundry.
10833 2nd Ave, Marathon, FL 33050 is a 5 bedroom, 3 bathroom, 2,111 sqft multi-family built in 1959. This property is currently available for sale and was listed by FLKMLS on Aug 3, 2026. The MLS # for this home is MLS# 620847.

