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440-442 48th Ocean Street

Marathon, FL 33050
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Bed 6

Bed

Bath 5

Bath

SqFt2,244

Sqft

Stunning duplex on a generous 7,500 square foot lot with 75 feet of dock/sea wall. Each unit has 3 bedrooms and 2 bathrooms. Enjoy the Florida lifestyle with an above ground pool and fully fenced yard, ideal for entertaining. Short term rentals possible with the appropriate license. Live in one unit and receive rental income from the other, keep it as a duplex investment, or convert it into a single-family home facing deep water canal with no bridges. Strong rental market. Both units offer spacious layouts, ample parking, and separate utilities. The property's canal front location offers excellent access to the ocean/bay with minimal time. Very well protected with boot key harbor. The owner is a real estate agent WATERFRONT DUPLEX WITH ENDLESS POSSIBILITIES | Prime Investment Opportunity Full water front duplex on a generous 7,500 sq ft lot boasting 75 feet of seawall and private wooden dock. Each well-maintained unit features 3 beds/2 baths with modern updates. Enjoy the Florida lifestyle with an above-ground pool and fully fenced yard perfect for entertaining. Perfect for a large family or two families. Multiple investment strategies await: Live in one unit while collecting rental income from the other, maintain as a profitable duplex investment (short term 7 night rentals possible with the appropriate rental license) or convert to a luxurious single-family waterfront estate. Strong rental market in this sought-after location ensures steady cash flow potential.Both units offer spacious layouts, ample parking, and separate utilities. The property's waterfront location provides excellent boating access to both ocean & bay side of the keys and stunning city & sunset views. Don't miss this rare opportunity to own a versatile investment property with significant upside potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,725,000

AD Id : 65979618

MLS Id : A11841247

Beds : 6

Living Area Size : 2,244

Year Built : 1981

County : Monroe

Subdivision: Marameade Amd

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Feature Features

  • Interior Features

    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Other, SeparateMeters Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1981
    Building Area Total: 4478
    Construction Materials: Block
    Frontage Length: 75.00
    Patio And Porch Features: Deck, Open, Balcony
    Pool Features: AboveGround, PoolEquipment
    Private Pool: Yes
    Water front Features: CanalFront
  • Exterior Features

    Exterior Features: Balcony, Barbecue, OutdoorLivingArea, OutdoorShower, RoomForPool

  • Lot Information

    Lot Dimensions: 7,500

    Property Information

    Subdivision: MARAMEADE AMD Source Property Type: ResidentialIncome Postal Code Plus 4: 2634 Property SubType: Duplex Property Age: 45

  • Listing Price Information

    Listing Price: $1725000
    Original Price: $1750000
    Cash, Conventional, Cryptocurrency, Other

  • Tax Information

    Parcel Number: 00324800000000 Tax Year: 2023 Annual Tax: $11601 Tax Legal Desc: BK E LT 2 AMD PLAT OF MARAMEADE SUBD PB3-185 KEY VACCA OR446-83-84 OR718-649 OR718-651 OR737-7 OR745-755 OR1619-1784 OR1641-2017 OR1642-1215

  • Parking Information

    Parking Total: 6

  • Utility Information

    CableAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

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85 Coco Plum Dr A & B D.., Marathon, FL, 33050 $1,178,000 6 4 2,250 2,250 SqFt
14 125th Street Gulf, Marathon, FL, 33050 $3,549,000 -- -- --
574 & 576 99th Street O.., Marathon, FL, 33050 $1,300,000 4 4 1,854 1,854 SqFt
668 & 670 89th Street O.., Marathon, FL, 33050 $1,725,000 4 4 2,016 2,016 SqFt
668 89th Street Ocean, Marathon, FL, 33050 $899,000 2 2 1,008 1,008 SqFt
425 89th Street #OCEAN, Marathon, FL, 33050 $750,000 2 2 945 945 SqFt
329 63 Court Gulf Court.., Marathon, FL, 33050 $500,000 2 2 1,302 1,302 SqFt
217 Sombrero Beach Road.., Marathon, FL, 33050 $3,197,000 8 6 3,680 3,680 SqFt
17-18 Man-o-war Drive D.., Marathon, FL, 33050 $1,300,000 4 4 1,668 1,668 SqFt

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ByOwner last updated this listing 07/10/2026 @ 20:43

MLS: A11841247 LISTED BY: Danielle Torres, LoKation 954-545-5583 SOURCE: Beaches MLS

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