16 E Kyle Way, Marathon, FL 33050

$877,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,098 Lot Size (sq. ft.): 4,205 Status: Closed
Current Price: $877,000 List Date: 10/24/2025 Last Modified: 12/11/2025

Description

This is the LOWEST Priced Above Flood home with a dedicated PRIVATE 35FT Dock in all of Marathon by over $265,000 & the best part it's a protected canal offering open water access to the Atlantic ocean in just a few minutes & the famous 7 mile Bridge is just a ¼ mile from your canal. The home has been renovated by the well respected local builders Design Center and has been a very successful Vacation Rental averaging around $65k per year in rental income, which is why it is being sold Turnkey Furnished with all Accessories including the Under House Spa. Owners already have future bookings scheduled allowing the buyers to capture immediate rental income opportunities. From the Exterior the home sits on a 4205 sqft lot, has Updated Exterior Paint, an Updated Metal Roof, Upgraded Impact Windows and Doors, an expansive wrap around deck with Canal Views. Step inside & find Updated Diagonal Laid Tile Floors thru out, a beautiful Vaulted Wood Beam Ceiling with Exposed Rafters, a Upgraded Electric Fireplace in the Living Room wrapped in Shiplap, and Upgraded Kitchen with Wood Shaker Cabinets, Granite Counters & Backsplash, Stainless Steel Appliances, a Primary Bedroom with Plenty of Windows bringing in the Natural Light & Custom Bamboo Wainscoting that leads to its Private Primary Bath with an Upgraded Vanity, and Updated Tub/Shower Combo. The comparably sized Guest Bed also has Bamboo Wainscoting & utilizes the updated Guest Bath, which has a Tiled Shower with Frameless Shower Glass and an Upgraded Vanity. The Upstairs Loft is open to the downstairs & offers a ton of options. The Laundry Room is below the home in the Enclosed Area along with every accessory your guest will need to enjoy themselves including a swinging hammock under the home. The yard offers plenty of room to park an RV or their boat trailer. Home is a short walk to the Isla Bella Beach Resort & its open to the public Market, it is just minutes from the 7 Mile Bridge & local fav Sunset Grille.

More Information MLS# 617005

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $877,000 Listing Date: 2025-10-23 Sold Price: $877,000

Location, Tax & Legal

City: MARATHON Mile Marker: 47 Marathon Neighborhood: Knights Key Side: Ocean Flood Zone: AE Alternate Key #: 1394122 Handicap Access: No Parcel #: 00319670-000000 Zoning: R-MH - Residential - MH Deed Restrictions: No Legal: WLY PT LOT 16 BLK 1 (16-A) AND DOCK LOT 16-A-D KNIGHTS KEY VILLAGE PB5-84 KNIGHTS KEY OR654-200 OR671-515 OR817-1583 OR9 Taxes: 6342.21 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 16 Direction: E Street Name: Kyle Street Suffix: Way Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Knights Key Village (47.0) Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 4 Lot SqFt: 4205 Pool: No Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.1 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1986 Living Apx SqFt: 1098 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: This is the LOWEST Priced Above Flood home with a dedicated PRIVATE 35FT Dock in all of Marathon by over $265,000 & the best part it's a protected canal offering open water access to the Atlantic ocean in just a few minutes & the famous 7 mile Bridge is just a ¼ mile from your canal. The home has been renovated by the well respected local builders Design Center and has been a very successful Vacation Rental averaging around $65k per year in rental income, which is why it is being sold Turnkey Furnished with all Accessories including the Under House Spa. Owners already have future bookings scheduled allowing the buyers to capture immediate rental income opportunities. From the Exterior the home sits on a 4205 sqft lot, has Updated Exterior Paint, an Updated Metal Roof, Upgraded Impact Windows and Doors, an expansive wrap around deck with Canal Views. Step inside & find Updated Diagonal Laid Tile Floors thru out, a beautiful Vaulted Wood Beam Ceiling with Exposed Rafters, a Upgraded Electric Fireplace in the Living Room wrapped in Shiplap, and Upgraded Kitchen with Wood Shaker Cabinets, Granite Counters & Backsplash, Stainless Steel Appliances, a Primary Bedroom with Plenty of Windows bringing in the Natural Light & Custom Bamboo Wainscoting that leads to its Private Primary Bath with an Upgraded Vanity, and Updated Tub/Shower Combo. The comparably sized Guest Bed also has Bamboo Wainscoting & utilizes the updated Guest Bath, which has a Tiled Shower with Frameless Shower Glass and an Upgraded Vanity. The Upstairs Loft is open to the downstairs & offers a ton of options. The Laundry Room is below the home in the Enclosed Area along with every accessory your guest will need to enjoy themselves including a swinging hammock under the home. The yard offers plenty of room to park an RV or their boat trailer. Home is a short walk to the Isla Bella Beach Resort & its open to the public Market, it is just minutes from the 7 Mile Bridge & local fav Sunset Grille.

Status Change Info

Sold Comments: Sold with No Nonsense Real Estate. Sold Date: 2025-12-10 Sold Price: $877,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 35 Dock: Wood

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Canal Front: 1 Lake Front: 1

Waterview

Canal View: 1 Harbor/Marina View: 1

Interior Features

Cathedral Ceilings: 1 Storage: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Loft: 1

Building Style

Above Flood: Yes

Vehicle Storage

Car(s): 4+ Open Parking: 1 RV Parking Open: 1 Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Utilities

FKAA: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Roof

Metal Roof: 1

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Canal Front; Lake Front Waterview: Canal View; Harbor/Marina View Property Condition: Updated/Remodeled Vehicle Storage: Off Street Parking; Open Parking; RV Parking Open Furnished: Negotiable Cooling: Central Air Heating: Central Utilities: FKAA Interior Features: Cathedral Ceilings; Storage Specialty Rooms: Loft Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Construction: Frame Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable
Listing Office: No Nonsense Real Estate Branch Office
Last Updated: December - 11 - 2025
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