Opportunity knocks for a first-time home buyer, investor, or anyone looking to build equity in the Florida Keys. This stilted 3-bedroom, 2-bath home is one of the most affordable elevated single-family homes currently available in Marathon with no HOA. The home is fully functional and move-in ready, with the primary improvement being exterior concrete column repairs. For a buyer willing to tackle some deferred maintenance, this property offers the potential to create immediate value and equity. Situated on an 8300 sq ft lot, surrounded by mature hammock vegetation, the property enjoys natural shade and privacy. A approx. 250 sq ft, spacious front deck extends from the living area, providing a great place to relax in the shade. Additional features include a metal roof installed in 2017, covered parking andand plenty of room for vehicles, trailers, and outdoor equipment. Conveniently located in the heart of Marathon, you're just minutes from shopping, restaurants, marinas, and a public boat ramp. Animal lovers will appreciate being within walking distance of the local animal shelter, making it easy to volunteer or spend time walking pets. Seller is willing to explore options that may assist buyers with closing expenses, subject to offer terms and lender approval. If you've been looking for an affordable way into the Marathon market, this property offers solid bones, an elevated design, and a chance to add value through improvements while enjoying the Florida Keys lifestyle.
Single-familyProperty Type
1981Year Built
8,358 sq ftLot Size
$490Price/Sq.Ft.
Listed by Samuel Williams• Coldwell Banker Schmitt Real Estate Co.
The RM District is intended to establish areas of low-to medium-density residential uses characterized principally by single-family detached and two-family dwellings, designated within the Residential Medium RM future land use category on the Future Land Use Map FLUM.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Infrastructure
Housing-Mobile home park
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
Heat Factor
We're working on getting current and accurate heat risk information for this home.
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Marathon, FL • 33050
Average low and high temperatures (°F)
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Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 103 Stirrup Key Woods Rd
$539,515
$25K under list price of $565K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $455K to $1.2M.