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Marathon Duplex & Multi-Family Homes for Sale

Income Properties in the Middle Florida Keys

Duplexes and multi-family homes in Marathon offer opportunities for rental income, multi-generational living, or owner-occupant investment. These properties appeal to both local residents and out-of-area investors seeking a foothold in the Florida Keys rental market.

marathon fl multifamilyThis section covers listings from Layton (MM 68.5) through Duck Key, Grassy Key, Key Colony Beach, Coco Plum, Sombrero Beach, and south to the Seven Mile Bridge. Some properties are licensed for short-term rentals, while others are suited for long-term tenants or owner-occupied duplexes.

Building styles vary from elevated concrete homes to older ground-level structures. Zoning regulations and rental restrictions differ by area, so it’s important to verify whether vacation rentals, long-term leases, or employee housing are permitted on a case-by-case basis.

Explore Other Property Types in Marathon

  • Waterfront Homes (Canalfront, Ocean, Bay)
  • Non-Waterfront Homes
  • Condos & Townhomes
  • Mobile Homes

Listings Start Below

Note: The listings below show the most recent 100 duplex and multi-family properties in the Marathon area. Use the filters to refine by zoning, rental licenses, unit count, or price.

Have questions about rental restrictions, long-term leases, or income potential? Contact Jim Signor for local insight and help evaluating investment options.

Multi-Family Properties

1297 73rd St Unit Ocean, Marathon image
1297 73rd St Unit Ocean, Marathon $479,000

Ocean views - what a gem! This elevated two-bedroom half-duplex offers tons of natural light and peaceful peek-a-boo ocean views from the living area, front porch and fab...

  • 2 Beds
  • 1 Baths
  • 621223 MLS
410 101st St Ocean St Unit B, Marathon image
410 101st St Ocean St Unit B, Marathon $622,500

Mid Town Marathon Townhome -- Deed Restricted Affordable Housing Spread out in this 3-bedroom, 3-bath half-duplex built for townhome-style living across three full flo...

  • 3 Beds
  • 3 Baths
  • 621193 MLS
285 A 66th St Unit A & B, Marathon image
285 A 66th St Unit A & B, Marathon $750,000 ▼

Move-in ready and thoughtfully updated top to bottom, this full duplex offers two versatile living spaces with major systems and finishes refreshed in recent years. Each ...

  • 4 Beds
  • 2 Baths
  • 621145 MLS
241 Sombrero Beach Rd Unit # 1, Marathon image
241 Sombrero Beach Rd Unit # 1, Marathon $1,400,000

Prime waterfront living on Sombrero Beach Road! This vibrant 4BD/3BA retreat (1,840 sq. ft.) delivers the total Florida Keys lifestyle. Walk to sandy Sombrero Beach, keep...

  • 4 Beds
  • 3 Baths
  • 620983 MLS
219 Sombrero Beach Rd Unit # 2, Marathon image
219 Sombrero Beach Rd Unit # 2, Marathon $1,439,000

Welcome to 219-2 Sombrero Beach Road, a 4-bedroom, 3-bath waterfront retreat where mornings can begin with a walk to Sombrero Beach, afternoons can be spent on the boat, ...

  • 4 Beds
  • 3 Baths
  • 620960 MLS
17-18 Man-O-War Dr, Marathon image
17-18 Man-O-War Dr, Marathon $1,295,000

Full Waterfront Duplex in Desirable Sombrero Beach! Live the ultimate coastal lifestyle with this beautifully updated waterfront duplex in the highly sought-after Sombre...

  • 4 Beds
  • 4 Baths
  • 620882 MLS
18 Man-O-War Dr, Marathon image
18 Man-O-War Dr, Marathon $675,000 ▲

Newly updated waterfront half-duplex just a short walking distance to Sombrero Beach. This canal front property features brand-new vinyl plank flooring throughout, and an...

  • 2 Beds
  • 2 Baths
  • 620876 MLS
17 Manowar Dr, Marathon image
17 Manowar Dr, Marathon $675,000

Newly updated waterfront half-duplex just a short distance to Sombrero Beach. This bright and inviting property features brand-new vinyl plank flooring throughout, a bea...

  • 2 Beds
  • 2 Baths
  • 620875 MLS
746 50th St, Marathon image
746 50th St, Marathon $639,000 ▼

INCOME PRODUCING! Unlock the potential of this rare Marathon property located in the desirable Vaca Village neighborhood. Situated on a 5,158-square-foot lot, this duplex...

  • 2 Beds
  • 2 Baths
  • 620289 MLS
303 Sombrero Beach Rd, Marathon image
303 Sombrero Beach Rd, Marathon $1,549,000

Waterfront duplex opportunity on Sombrero Beach Road in Marathon, just about 1 mile from Sombrero Beach. This stilted full duplex offers 4 bedrooms, 4 bathrooms, 2,114 sq...

  • 4 Beds
  • 4 Baths
  • 620220 MLS
574 & 576 99th St, Marathon image
574 & 576 99th St, Marathon $1,250,000 ▼

Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features TWO spacious homes, 2B...

  • 4 Beds
  • 4 Baths
  • 619866 MLS
250 66th St, Marathon image
250 66th St, Marathon $295,000 ▲

Investment Opportunity in the Heart of Marathon. This Half Duplex has Two Bedrooms and One Bathroom. Ample parking in the front yard. Metal roof is approximately 5 years...

  • 2 Beds
  • 1 Baths
  • 619860 MLS
1306 51st St, Marathon image
1306 51st St, Marathon $495,000 ▼

Updated, elevated, and centrally located, this 2-bedroom, 1-bath half duplex offers an appealing combination of durable construction, modern finishes, and flexible Keys l...

  • 2 Beds
  • 1 Baths
  • 619582 MLS
150 E 63rd St, Marathon image
150 E 63rd St, Marathon $895,000 ▼

Welcome to your slice of paradise in the heart of Marathon! This exceptional ocean-side retreat is where luxury, lifestyle, and opportunity come together in one unforgett...

  • 3 Beds
  • 2 Baths
  • 619508 MLS
100 E 63rd St, Marathon image
100 E 63rd St, Marathon $895,000 ▼

Welcome to your slice of paradise in the heart of Marathon! This beautifully reimagined 3-bedroom, 2-bath waterfront retreat offers 1,342 sq ft of spacious stylish, coast...

  • 3 Beds
  • 2 Baths
  • 619502 MLS
427 89th St, Marathon image
427 89th St, Marathon $675,000 ▼

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 w...

  • 2 Beds
  • 2 Baths
  • 617668 MLS
329 63 Court Gulf Ct, Marathon image
329 63 Court Gulf Ct, Marathon $500,000 ▼

'United States Bankruptcy Auction. The Listing Price is for MLS Purposes only. Actual Price will be determined at Auction. The Auction will take place Live via Zoom on Th...

  • 2 Beds
  • 2 Baths
  • 618269 MLS
668 & 670 89th St, Marathon image
668 & 670 89th St, Marathon $1,725,000 ▼

Magnificent legal duplex in the vibrant heart of the Florida Keys, offering highly sought-after 7-day rental flexibility--an exceptional advantage for investors and homeo...

  • 4 Beds
  • 4 Baths
  • 618025 MLS
668 89th St, Marathon image
668 89th St, Marathon $899,000

Charming 2 bedroom, 2 bathroom half duplex in Marathon with highly desirable 7-day rental flexibility. Located just four properties from the Atlantic Ocean, this stilted ...

  • 2 Beds
  • 2 Baths
  • 618501 MLS
1306 &1308 & St, Marathon image
1306 &1308 & St, Marathon $990,000 ▼

Solid CBS full duplex in the heart of Marathon, set on an oversized 10,000 sq. ft. lot with mature native trees for added shade and privacy. Built for strength and long-t...

  • 4 Beds
  • 2 Baths
  • 618176 MLS

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