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574 & 576 99th Street Ocean

Marathon, FL 33050
  • $1,400,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 619866
UPDATED: 54 min ago
$1,400,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,854
    SQFT
  • $755
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:

School Ratings & Info

Description

Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features two spacious 2BD/2BA units, each offering approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in 2018, the property blends modern finishes with the relaxed Florida Keys boating lifestyle. A true boater's dream, each side offers its own 30' concrete dock and seawall (60' total) complete with 30-amp shore power. Enjoy quick ocean access and easy Gulf access via Vaca Cut, making this an exceptional setup for anglers and boating enthusiasts alike. The waterside outdoor spaces are designed for entertaining and enjoying the Keys lifestyle, featuring string lighting, solar-lit dock pilings, under-dock fish lights that attract snapper and tarpon, and frequent manatee visits along the canal. Located directly adjacent to Oceanfront Park & Dog Park, owners and guests enjoy immediate access to one of Marathon's premier waterfront parks offering a dog park, kayak launch, open green space, waterfront walking areas, playgrounds, and frequent community events. Conveniently located near Sombrero Beach, shopping, dining, and Florida Keys Marathon International Airport. Currently tenant occupied with both units rented month-to-month. This property also has strong vacation rental potential. Ideal opportunity to live in one side while renting the other, or maximize income potential with a fully turnkey investment property in one of the Florida Keys' most desirable boating communities. Current Insurances are very reasonable: $3,841 Flood (Covers both sides) 576 - $4,303 Wind 574 - $4,129 Wind 576 - $860 HO/Liability 574 - $721 HO/Liabilty (Pictures are of 576 99th, 574 is the same layout/finishes. Access can be arranged)

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/176354008
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574 & 576 99th Street Ocean Marathon, FL 33050

  • Price: $1,400,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 54 min ago
  • MLS #: 619866
4
Beds
4
Baths
0
½ Baths
0.12
Acres
1,854
SQFT
$755
$/SQFT
1959
Built
Neighborhood:
Coral Colony (52.0)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Property Description
Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features two spacious 2BD/2BA units, each offering approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in 2018, the property blends modern finishes with the relaxed Florida Keys boating lifestyle. A true boater's dream, each side offers its own 30' concrete dock and seawall (60' total) complete with 30-amp shore power. Enjoy quick ocean access and easy Gulf access via Vaca Cut, making this an exceptional setup for anglers and boating enthusiasts alike. The waterside outdoor spaces are designed for entertaining and enjoying the Keys lifestyle, featuring string lighting, solar-lit dock pilings, under-dock fish lights that attract snapper and tarpon, and frequent manatee visits along the canal. Located directly adjacent to Oceanfront Park & Dog Park, owners and guests enjoy immediate access to one of Marathon's premier waterfront parks offering a dog park, kayak launch, open green space, waterfront walking areas, playgrounds, and frequent community events. Conveniently located near Sombrero Beach, shopping, dining, and Florida Keys Marathon International Airport. Currently tenant occupied with both units rented month-to-month. This property also has strong vacation rental potential. Ideal opportunity to live in one side while renting the other, or maximize income potential with a fully turnkey investment property in one of the Florida Keys' most desirable boating communities. Current Insurances are very reasonable: $3,841 Flood (Covers both sides) 576 - $4,303 Wind 574 - $4,129 Wind 576 - $860 HO/Liability 574 - $721 HO/Liabilty (Pictures are of 576 99th, 574 is the same layout/finishes. Access can be arranged)
Exterior Features

Architectural Style Conch Attached Garage YN No Construction Materials CBS Dock Length 60 Exterior Features [] Parking Features [] Patio And Porch Features Patio Pool Features [] Pool Private YN No Roof Other Roof Vehicle Storage CarportOff Street ParkingCovered Parking View [] Waterview Canal View Window Features [] Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances WasherDishwasherRefrigeratorRangeMicrowaveDisposalStainless Steel Appliance(s) Cooling Central Air Cooling YN Yes Flooring Tile Furnished Furnished Heating Central Heating YN True Interior Granite Counter Top Interior Features Granite Counter Top Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Building Features [] Community Features Bike Paths Control Depth 4 Deed Restricts No Electric [] Flood Zone AE 7 Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size Less Than 1/4 Acre Listing Terms No Seller FinanceCashConventionalFHA Marathon Nbhd Airport - Ocean (72nd to 106th) Mile Marker 52 Min Rental Days 7 New Construction YN No Off Shore Island YN No Other Equipment [] Other Structures [] Pets Allowed Yes Potential Short Sale No Property Condition Updated/Remodeled Property Sub Type Duplex Public Sewer Hookup Yes Rental Allowed Yes Seawall Concrete Security Features [] Special Licenses [] Tax Annual Amount 6476.6 Tax Year 2025 Title Negotiable Utilities [] Utilities Info Buyer to Verify Water Source [] Waterfrnt Yes Waterfront Canal Front Waterfront Features [] Waterfront YN Yes Zoning RH - Residential High

Listing courtesy of Alexia Mann of Seafarer Realty LLC: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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