440-442 48th Street Ocean

Marathon, FL 33050
  • $1,725,000

    Price
  • 6

    Bed
  • 5

    Bath
  • 2,244

    SqFt

About the Listing SEFRALE02 - SEF3213206,SEF3126426

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.

Listing Highlights

Status Active With Contingency
Days on Site 40
Property Type Multi-Family
MLS ® A11841247
Year Built 1981
Total Square Footage 2,244
Lot/Acreage 7,500
County Monroe
Neighborhood Marameade Amd
Elementary School Stanley Switlik
Middle School Marathon
High School Coral Shores

Interior Details

  • Bedrooms: 6
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central,Separate Meters
  • Fireplaces:
  • Floor: Ceramic Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 7,500
  • Zoning: UR
  • Roof: Metal
  • Others: Balcony,Barbecue,Outdoor Living Area,Outdoor Shower,Room For Pool
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $11,601
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00324800000000
  • Tax Year: 2023

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440-442 48th Street Ocean Marathon, FL 33050

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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