by Global Lifestyle Properties

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Marathon 33050
427 89th Street Ocean
$675,000
● House - For Sale

427 89th Street Ocean

Marathon, FL 33050
bedrooms
2 Beds
bathrooms
2 Baths
square feet
945 Ft²
$3,732
Est. Monthly

About This Property

Affordable entry into the Keys lifestyle! Easy living in paradise awaits at this solid CBS half-duplex in Marathon. Step out to your 35-ft. dock on a clean, deep canal with quick access to the open ocean, making boating, fishing and island adventures effortless. Inside, enjoy a freshly painted open layout, tile floors and a granite kitchen, while the low-maintenance backyard offers the perfect space for relaxing or entertaining. Ideal as a weekend escape, second home, or full-time residence, with the City of Marathon allowing weekly rentals. Your piece of the Florida Keys is ready!
Unit Size
945 Ft²
Days on Market
118 days
Land Size
0.07 acres
Price per sqft
$714
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1975

Listed By

David Grego
Island Breeze Realty

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Last updated: 23 days ago (Miami MLS #A12066712)

Price History

Date / Event Date Event Price
Jun 8, 2026 Listed by Island Breeze Realty, LLC $675,000
Listed by Island Breeze Realty, LLC
Jan 29, 2026 In contract -
In contract
Dec 11, 2025 Listed $698,000
Listed
Step out to your private 35-ft dock on a clean, deep canal with quick ocean access from this solid CBS half-duplex. The open interior features tile flooring throughout and a granite kitchen designed for easy living. A 2018 metal roof adds durability, while the low-maintenance backyard offers a perfect space to relax or entertain. Enjoy minimal stairs and ample parking out front for added convenience. Ideally located in Marathon, the heart of the Florida Keys, this property is well suited as a full-time residence or a second home with excellent boating access.
Apr 1, 1985 Sold
Sold
May 1, 1978 Sold
Sold

Property Highlights

Air Conditioning
With View
Parking Details
Has Open Parking
Parking Features: Driveway, RV Access/Parking
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry, No Additional Rooms
Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Flooring Type: Tile
Exterior Details
Has Property Attached
Square Footage: 945
Architectural Style: Attached, Half Duplex, One Story
Year Built: 1975
Waterfront Features: Ocean Access, Canal Front, Ocean Access
Building Name: GULFSTREAM SHORES #2 AMD
Building Area Total: 1218
Building Area Units: Square Feet
Construction Materials: CBS Construction
Patio and Porch Features: Patio
Lot Features: Less Than 1/4 Acre Lot
Lot Size Area: 3220
Lot Size Units: Square Feet
Lot Size Acres: 0.074
Lot Size Square Feet: 3220
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $5,011
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 118
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 3,220
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 350
  • Total Building Area: 945
  • Gross Building Area: 945
  • Building Area: 945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 945
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GULFSTREAM SHORES #2 AMD
  • Land Acres: 0000000074
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: AMD PLAT OF GULFSTREAM SHORES PLAT #2 PB3-142 S1/2 OF LOT 2 BLOCK 5 OR559-140 OR668-72 OR718-539 OR761-803 OR940-456 OR1450-110

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 971100

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 1-31
  • Account Number: 1427136
  • Parcel: 00349370-000100
  • Block: 5
  • Lot: 2
  • Meridian: SEC 01 TWN 66S RNG 32E
  • Municipality: CITY OF MARATHON WITH NO LITTL
  • Latitude: 24.7227
  • Longitude: -81.0518

    Address

  • Full Address: 427 89th Street Ocean
  • Address - House Number: 427
  • Address - Street Name: 89th Street Ocean
  • State: FL
  • City Name: Marathon
  • Carrier Code: C009
  • 4-Digit Zip Code: 3215
  • Zip Code: 33050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $421,760
  • Tax Rate Code Area: 50CM

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 826,796
  • High Value: 1,017,222
  • Low Value: 636,371

    Market Valuation

  • Market Total Value: $683,553
  • Market Land Value: $462,875
  • Market Improvement Value: $220,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,553
  • Assessed Land Value: $462,875
  • Assessed Improvements Value: $220,678

    Sales

  • Current Sale Contract Date: Apr 01, 1985
  • Current Sale Recording Date: Apr 01, 1985
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 01, 1978
  • Previous Sale Contract Date: May 01, 1978
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marathon


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Frequently Asked Questions

When was property at 427 89th Street Ocean built and last sold?
The property at 427 89th Street Ocean was built in 1975 and last sold on Apr 1, 1985 for $70,000.
How much is this home worth?
The estimated value of the home located at 427 89th Street Ocean is $679,118.
What are some comparable homes to 427 89th Street Ocean?
There are currently no comparable homes to 427 89th Street Ocean.