No photo available
$1,095,000 Contingent
Property Description
Set within Marathon's Little Venice--an enclave known for its vintage conch homes and laid-back Keys character--this updated 2-bedroom, 2-bath cottage offers a thoughtful blend of original charm and everyday livability. Terrazzo floors remain as a nod to its mid-century roots, while clean finishes, plantation shutters, and an open, easy layout create a light, relaxed feel throughout. The setting is what makes this property stand apart. Positioned on a rare double lot, the outdoor space unfolds as a true extension of the home--anchored by a pool, a covered patio designed for shaded afternoons, and plenty of room to gather without feeling confined. Covered parking, trailer storage, and off-street parking add a level of functionality that's not always easy to find in this neighborhood. Flood gates have been added at key openings, a thoughtful feature for a ground-level home. From the dock, you're just seven homes from open water via an 85-foot-wide, flow-through canal, with quick access to Vaca Cut and both the Atlantic and Gulf sides. In addition to the existing dockage, a transferable permit is already in place for a 15,000 lb boat lift--offering the ability to further enhance the waterfront setup without starting from scratch. Inside, the layout is efficient without compromise. Every space is well considered, and both bedrooms comfortably accommodate king-size beds--something not often achieved in homes of this scale. As a full-time residence or a place to step away for a few days at a time, the appeal here is straightforward: a well-positioned home, easy to live in, with the kind of outdoor space and water access not often found in Little Venice.
Full Property Details
Full Property Details for 298 116th Street Ocean
General
- Price: $1,095,000
- Taxes: $7,489 (2025)
- Status: Contingent
- Type: Single Family
- Source: 927
- MLS ID: 619574
- Updated: 5/13/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Window Treatments
- Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Tile, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Fire Hydrant, Airport/Runway
- Pool: Yes
- Pool Description: Salt Water, In Ground
- Security/Safety: No Security
Exterior
- Exterior Features: Lighting, Fencing, Shed
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Off Street, Carport
Location
- Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
- County: Monroe
- Subdivision: Little Venice (53.0)
- Driving Directions: From Overseas Hwy, turn at 116th St, property will be on left hand side
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
- Heating Type: Central
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: CBS
- Roof: Tar/Gravel
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
- Square Feet: 808
- Sq. Ft. Source: Property Data Card
- Year Built: 1955
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,500
- Lot Size Source: Property Data Card
- Lot Dimensions: 110 x 50
- Zoning: RM - Residential Medium
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $7,489.86
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan, FHA
Disclosures and Reports
- Legal Description: Lts 70 - 71 Little Venice 2 Pb3-26 Key Vaca Or21-165 Or177-230 Or242-474 Or618-449 Or618-450 Or823-1327 Or823-1328 Or106
- APN: 346020000000
Listed by Berkshire Hathaway HomeServices Keys Real Estate, Tracy Chacksfield (312) 350-4601
Get Pre-Approved Today
Schools
Schools serving 298 116th Street Ocean
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 4.1 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 298 116th Street Ocean
Date
Details
Price
Change
Source
4/20/2026
Listed
$1,095,000
9.5%
MLS
9/10/2025
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 298 116th Street Ocean
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,179
—
$874,872
-2%
2024
$7,179
8%
$897,036
10%
2023
$6,667
24%
$814,493
66%
2021
$5,361
-11%
$490,414
-28%
2022
$6,015
12%
$677,177
53%
2021
$5,361
5%
$442,710
-6%
2019
$5,093
3%
$468,722
-1%
2018
$4,952
-4%
$472,450
-4%
2017
$5,141
18%
$492,191
17%
2016
$4,346
12%
$422,036
22%
2015
$3,865
53%
$345,017
71%
2014
$2,528
-20%
$201,409
-23%
2013
$3,151
—
$261,827
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 298 116th Street Ocean
298 116th Street Ocean, Marathon, FL 33050 (MLS# 619574) is a Single Family property with 2 bedrooms and 2 full bathrooms. 298 116th Street Ocean is currently listed for $1,095,000 and was received on April 20, 2026. Want to learn more about 298 116th Street Ocean? Do you have questions about finding other Single Family real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.
