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Duplex With Separate Entrances
For Sale
$1,200,000

10881 7th Avenue Gulf, Marathon, FL 33050

A renovated two-unit property offers distinct living areas, separate utility meters, and individual laundry facilities.

Property Size1,888 SF
Price / SF$635.59
Days on Market20

Property Features for 10881 7th Avenue Gulf

General Information

Standard status Active
Size 1,888 SF
Property subtype Duplex

Financials

Asking Price $1,200,000
Gross Income $44,400

Units

Unit Mix 3BR/2.5BA, 1BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity, water

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,356

Amenities

private entrance
patio
separate laundry
outdoor sitting area
parking

Building Details

Building Size 1,888 SF
Year Built 1973
Buildings 1
Stories 2
Tenancy Single
Listing Agency: Coldwell Banker Schmitt Real Estate Co.
Listed By: Jesus Parra
Source: Bascomgrooms
Added: Oct 8 Changed: Oct 26 Last Checked: Oct 26 at 12:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt Real Estate Co.

Rey
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Investment Insights

Based on property information with market context.

This 1,888-square-foot duplex, built in 1973, contains two residences with separate entrances and laundry areas. The first-floor unit has three bedrooms, 2.5 bathrooms, a private patio, and individual electric and water meters. Upstairs, a one-bedroom, one-bath unit has its own staircase, outdoor sitting area, and separate utility meters. The building has been renovated and updated.

Parking accommodates 5+ vehicles, including space for boats and trailers. Approved plans convey for a proposed two-story garage and storage building with approximately 2,768 square feet of enclosed space. The plans include a 1,440-square-foot shared garage on the ground floor, storage areas, two bathrooms, and mechanical space.

Key Highlights

  • Two units: a 3‑bedroom, 2.5‑bath residence and a 1‑bedroom, 1‑bath residence
  • 1,888 square feet; built in 1973
  • Separate entrances, laundry facilities, and utility meters for each unit

Property Analytics

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Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 33050, FL

10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A renovated two-unit property offers distinct living areas, separate utility meters, and individual laundry facilities.
Where is this duplex located?
The property is located at 10881 7th Avenue Gulf Marathon, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two units: a 3‑bedroom, 2.5‑bath residence and a 1‑bedroom, 1‑bath residence; 1,888 square feet; built in 1973; Separate entrances, laundry facilities, and utility meters for each unit
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