587 116th St, Marathon, FL 33050
Property image
Property image
OFF MARKET

587 116th St
Marathon, FL 33050

  • 2 Beds
  • 1 Bath
  • 832 sqft

$540,900

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $3,217/mo*
Refinance Your Home

$540,900

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $3,217/mo*
Refinance Your Home
2 Beds
1 Bath
832 sqft

Local Information

  • Map ViewExplore the area around 587 116th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1969
Living Area
832 sqft
Price/Sqft
$650
HOA
None

About this House

What a lovely island escape! This updated and oh-so-charming Marathon bungalow is ideally located near everything that makes the Florida Keys magical—world-class diving and fishing, scenic kayak trails, pristine state parks, gorgeous beaches, and, of course, legendary tiki bars.

Designed for easy living from Day 1, this solid concrete home features newer roof, windows, and AC units, plus a beautifully renovated kitchen and bath, a spa, and the convenience of onsite laundry. Fully furnished and completely turnkey, it's an active vacation rental with glowing reviews—giving you the flexibility to enjoy it yourself or let it generate income effortlessly.

Whether you're looking for a laid-back island retreat or a savvy investment, this low-maintenance property is ready to welcome you to island life!

Buyer to verify all information.
587 116th St, Marathon, FL 33050 is a 2 bedroom, 1 bathroom, 832 sqft single-family home built in 1969. It last sold for the $539,900 asking price on Apr 28, 2025. It is currently off market. The Trulia Estimate is $540,900, with a rent estimate of $2,963/month.

Home Details for 587 116th St

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 832 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)DishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Has Heating Unspecified Type
Fireplace & Spa
Spa: HeatedHas a Spa
Windows, Doors, Floors & Walls
Flooring: Tile, Combination
Levels, Entrance, & Accessibility
Levels: Ground LevelFloors: Tile, Combination
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: PatioOther Structures: Shed(s)No Private Pool
Parking & Garage
No Attached Garage
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: CBS
Property Information
Parcel Number: 00345860000000

Price & Status

Price
List Price: $539,900

Active Status

MLS Status: Closed

Location

Direction & Address
City: MarathonCommunity: Little Venice (53.0)

Building

Building Area
Building Area: 832 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: No Seller Finance, Cash, Conventional, FHA

Miscellaneous

Mls Number: 613835
Last check for updates: about 6 hours ago
Listed by Erin Kiel
Better Homes and Gardens Real Estate Destinations
Jaclyn Kelley, Broker, (305) 923-1042
Better Homes and Gardens Real Estate Destinations
Bought with: Lela Ashkarian, (305) 395-0814, Coldwell Banker Schmitt Real Estate Co.
Source: FLKMLS, MLS#613835

Price History for 587 116th St

DatePriceEventSource
04/28/2025$539,900Sold
FLKMLS #613835
04/26/2025$539,900PendingFLKMLS #613835
04/15/2025$539,900ContingentFLKMLS #613835
02/22/2025$539,900Listed For SaleFLKMLS #613835
04/27/2022$469,000Sold
FLKMLS #600101
04/23/2022$479,000PendingFLKMLS #600101
03/25/2022$479,000ContingentFLKMLS #600101
03/23/2022$479,000PendingToActiveFLKMLS #600101
03/16/2022$489,000ContingentFLKMLS #600101
03/13/2022$489,000Listed For SaleMLKAR #600101
12/14/2021ListingRemovedFLKMLS #598789
12/11/2021$420,000Listed For SaleKey West AOR #598789
08/04/2021$355,000Sold
N/A
06/09/2021$378,500PendingN/A
06/01/2021$378,500PriceChange
N/A
05/02/2021$369,500PriceChange
N/A
12/28/2020$364,900PriceChange
N/A
11/06/2020$374,900PendingToActiveN/A
10/28/2020$374,900PendingN/A
10/12/2020$374,900PriceChange
N/A
04/14/2020$365,000PriceChange
N/A
09/16/2019$349,000Listed For SaleAgent Provided
09/01/2019$389,900ListingRemovedN/A
06/14/2019$389,900PriceChange
N/A
05/30/2019$389,950Listed For SaleN/A
01/24/2005$275,000Sold
N/A
06/04/2003$165,000Sold
N/A
06/17/1999$112,000Sold
N/A

Market trends in Marathon

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$723K
$19.17KMoM
Sale-to-List Price
94.6%
Price per sq ft
$628
$22MoM
Available listings
251
17MoM
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Property Tax and Assessment

Year2025
Tax$4,225
Assessment$417,757
Home facts updated by county records

Comparable Sales for 587 116th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
11322 3rd Ave, Marathon, FL
0.11
Single-Family Home
$715,400
09/22/25
2
1
941
585 116th St, Marathon, FL
0.01
Single-Family Home
$390,000
01/21/26
2
1.5
984
11105 3rd Ave, Marathon, FL
0.21
Single-Family Home
$485,000
07/10/26
2
2
973
11710 5th Ave, Marathon, FL
0.06
Single-Family Home
$950,000
07/17/26
2
2
1,090
11745 2nd Ave, Marathon, FL
0.11
Single-Family Home
$570,000
09/30/25
3
2
1,040
11453 2nd Ave, Marathon, FL
0.07
Single-Family Home
$232,400
04/27/26
2
2
915
211 120th St, Marathon, FL
0.36
Single-Family Home
$440,000
04/22/26
2
1
728
10888 3rd Ave, Marathon, FL
0.41
Single-Family Home
$455,000
06/15/26
2
1
864
11282 2nd Ave, Marathon, FL
0.14
Single-Family Home
$875,000
08/26/25
2
2
1,038

Nearby homes

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Assigned Schools

These are the assigned schools for 587 116th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 48 % Say kids play outside

  • 44 % 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.
  • 4yrv5tc4qr
    "Seafood festival, theater, music festival, turtle releases, homecoming parade, 4th of July fireworks on the beach"
    1
    Flag
  • Ingridfox
    "people love walking dogs on the beach and dog dog park at Sombrero Beach. A lot of restaurants are dog friendly. This is a great place for dog owners. "
    1
    Flag
  • C E.
    "There is no place for kids to hang out really except for the skate park. There are no malls, no skating rinks, no places for kids to meet safely. "
    1
    Flag
  • Jan M.
    "We have basic public transportation. I’d take a taxi anywhere in town. .............................,,"
    0
    Flag
  • Erin F.
    "There’s plenty of grass, sidewalks and quiet roads to walk along.. plus the public beach is always a dogs favorite adventure.. just pick up after your dog!"
    2
    Flag
  • Thurmankolb
    "Yes! Dog park just down the street. Lots of neighbors know each other by our dogs. Great vets n Marathon and good groomer."
    6
    Flag
  • Thurmankolb
    "Lots of community events and activities. Fishing tournaments, seafood festival, school carnivals, etc... "
    2
    Flag
  • Jamie B.
    "Everyone gets together for the kids at Halloween. We have a community park with special events planned for the kids and the beach is the sight for a special 4th of July. "
    0
    Flag
  • Abiezer31
    "Of course ,the neighbors the owner and dog are very nice I’m very proud living in my house.and this neighborhood "
    3
    Flag
  • Darren S.
    "I live off the beaten path across the street from a golf course. It's very quiet and tranquil. throb marinas surrounding the property and can walk to All shops and stores."
    0
    Flag
  • Cyndiepalmer
    "We are a friendly neighborhood. You walk your street and say Hi anytime. It is a safe street to live "
    0
    Flag
  • Ksperkinson
    "Safe clean near ocean good police pet friendly hospital is coming along in the construction have contract here at hospital looking forward to finding a good place for 3 months"
    0
    Flag
  • Stephanie M.
    "A lot of kids and cars. A fire station that is noisey but nice. Lizards everywhere. There is one hotel on this small island. There are A lot of Vacation homes here and crab catchers. When it rains you can't see the road."
    0
    Flag
  • Lb2071
    "water front community , is a small island called Flamingo Island. We have a 9 hole golf course and just 5 minutes from Publix and Kmart. Sombrero beach is right at the outset of the canals on the Atlantic ocean and the people are very loving and friendly."
    0
    Flag
  • Gonzalez8834
    "Marathon is a great place to life and have a family, very safe, quiet and full of great people. ......"
    0
    Flag
  • Tom A. C. M.
    "I live here (14 years) and love the area. Close accessibility to shopping, schools, churches, golf, beach, walking, biking. "
    0
    Flag
  • Anne K.
    "Lived here for many years and is one of the best places to live in Marathon. Conveniently located near schools, parks, shopping and beach just minutes away."
    0
    Flag
  • Debra G.
    "Only 8 miles from Marathon. Away from the winter traffic, airport noise. Crystal clean, flow through canals. Great place to vacation and a great place to live. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

16 pet-friendly rentals in Marathon, FL

Explore by feature - Garage

6 rentals with a garage in Marathon, FL

Explore by feature - Air Conditioning

16 rentals with air conditioning in Marathon, FL

Explore by feature - Pool

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Explore by feature - Washer/dryer

15 rentals with a washer/dryer in Marathon, FL

Explore by feature - Outdoor Space

Homes for sale near 587 116th St

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Off Market Homes Near 587 116th St

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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.