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427 89th Street Ocean, Marathon, FL 33050
Active
107 Days on Market
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$675,000

427 89th Street Ocean

Marathon, FL 33050

GULFSTREAM SHORES #2 AMD

Explore the area: Monroe County real estate

How this price compares

List price
$675,000
Price per sq ft
$714
Original price
Unchanged
Days on market
107

This 2-bedroom multi-family property in Gulfstream Shores #2 Amd is listed at $675,000, or $714 per square foot. It has been on the market for 107 days.

2
Bedrooms
2
Bathrooms
945
Living Sq Ft
1975
Year Built

Estimated monthly payment

$3,547 /mo

Principal and interest only, based on $135,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$675,000
Days on Site
107 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
945 sqft
Total Sq Ft
1,218 sqft
Lot Size
0.07 Acres
Year Built
1975
Property Type
Multi-Family
MLS #
A12066712
Property Tax
$5,011 (2025)
Subdivision
GULFSTREAM SHORES #2 AMD
County
Monroe
Status
Active

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!

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1975
Number of Stories
1
Levels
One
Garage Spaces
0
Parking
Boat / Driveway / Rv Access Parking
Direction Faces
East
Lot Size (Acres)
0.07
Living Sq Ft
945
Total Sq Ft
1,218
Structure Type
Duplex
Sewer
Public Sewer
Water Source
Public
Zoning
is

Interior Features

Appliances
Dishwasher / Microwave / Oven / Refrigerator
Cooling
Central Air / Ceiling Fans
Heating
Other
Flooring
Tile
Interior Features
Bedroom On Main Level / Separate Shower

Exterior Features

Construction
Block
Roof
Metal
Exterior Features
Outdoor Living Area
Patio & Porch
Patio
Waterfront
Yes
Waterfront Features
Canal Front / Ocean Access
Frontage
Waterfront
Frontage Length
35.00 ft
View
Canal / Water

Community & HOA

Association Amenities
Sidewalks
Community Features
Street Lights
55+ Community
Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Ok To Lease
MLS Area
5940 - Other Florida County

Schools

Elementary School
Stanley Switlik
Middle School
Marathon
High School
Coral Shores
Homes for Sale
1
Under Contract
0
Median List Price
$675,000
Median $/Sq Ft
$714
Avg Days on Market
107
View all 1 homes for sale in Gulfstream Shores 2 Amd →
How do I schedule a tour of 427 89th Street Ocean, Marathon, FL 33050?
Use the Tour button on this listing to request a showing of 427 89th Street Ocean, Marathon, FL 33050. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 427 89th Street Ocean, Marathon, FL 33050 still available?
427 89th Street Ocean, Marathon, FL 33050 is currently listed as Active, and has been on the market 107 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 427 89th Street Ocean, Marathon, FL 33050?
With 20% down ($135,000) on the $675,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 427 89th Street Ocean, Marathon, FL 33050 is about $3,547/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 427 89th Street Ocean, Marathon, FL 33050?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 427 89th Street Ocean, Marathon, FL 33050. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 427 89th Street Ocean, Marathon, FL 33050?
427 89th Street Ocean, Marathon, FL 33050 is zoned for Stanley Switlik (elementary), Marathon (middle), Coral Shores (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 427 89th Street Ocean, Marathon, FL 33050?
Often, yes. The right offer on 427 89th Street Ocean, Marathon, FL 33050 depends on how it's priced against comparable multi-family sales in Marathon, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Island Breeze Realty, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.

$675,000

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Listed by David Nicholas Grego, Island Breeze Realty, LLC