$990,000
 $5,315 est/mo Sourced by Back At You

11285 3rd Avenue Gulf,MARATHON, FL 33050

MARATHON, FL 33050

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Description

This is a great opportunity to purchase a Concrete Block Deep Water Access Canal Front Home in the Heart of Marathon on the Gulf side of US 1 below $1M. With about a 4 foot control depth and an existing concrete seawall in place and about 77 feet of frontage, this property can easily accommodate the larger center consoles. Open Water Access in just a few minutes to the Gulf and about 10 minutes to the Atlantic Ocean. The home features 3 Beds, 2 baths, with 1,242 sqft on a large 8,485 offering sqft lot with a Concrete Driveway, Room to Park a RV, Boat Trailer, and room for a pool. The rear Covered Screen Lanai overlooks the canal, and the Covered Carport has built in Storage closets. The home features a Metal Roof and inside it does offer original 1960's charm with a ton of potential as right now it has original Kitchen Cabinets, Terrazzo Floors, Mini Splits in almost all the rooms for efficient air conditioning and original windows. Both baths have original tile showers with 1 being a Full Shower and the other featured a tub/shower combo. With the house right next door just selling at 11295 3rd Avenue Gulf for $1.45M, you have a unique opportunity to acquire, make smart renovations and be sitting on strong positive equity if done right. Due to the lot size, you can even choose to knock down the existing house and build a Brand-New Modern home to your exact specs and take advantage of the deep-water canal. We currently have plans for homes ranging from 1750 sqft to just below 4000 from the well-respected local builders, Design Center. We also have local lenders in place to offer construction financing up to 80%. So much potential and routes you can with this one.

Details

MLS #621222
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1964
Days On Site12
Listing Provided ByNo Nonsense Real Estate Branch Office | Kenny L. Matlock

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,242
ZoningR-MH - Residential - MH
Acreage0.20
Water FrontYes
Property ViewCanal

Taxes

Property7302

Area Information

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area15 Sombrero Bch Rd to Vaca Cut Gulfside
Community NameKey Colony Sub (53.0)
Listing VS Median (in Key Colony Sub (53.0))
Price:
$990,000
low | high
Med:
$984,500
50.555555555556% of Average
sqft:
1,242
low | high
Med:
1,677
15.016103059581% of Average
$ / sqft:
$797
low | high
Med:
$630
70.909521553766% of Average
On site:
12
low | high
Med:
28.5
42.105263157895% of Average
Sourced by Back At You

Market Activity 33050

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area15 Sombrero Bch Rd to Vaca Cut Gulfside
Community NameKey Colony Sub (53.0)
Listing VS Median (in Key Colony Sub (53.0))
Price:
$990,000
low | high
Med:
$984,500
50.555555555556% of Average
sqft:
1,242
low | high
Med:
1,677
15.016103059581% of Average
$ / sqft:
$797
low | high
Med:
$630
70.909521553766% of Average
On site:
12
low | high
Med:
28.5
42.105263157895% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $742K - $1.237M
sqft: 932 - 1,500
Nearby Listings Property ImageNearby Listings Details
11400 Overseas Highway 116 Property Photo 1
$489,000
11400 Overseas Highway 116
Marathon, FL 33050
Listing Updated: September 7, 2026 at 12:03:40 AM PDT