$1,725,000319 days on marketActive

440-442 48th Ocean Street, Marathon, FL 33050

Marathon, FL 33050

2,244

Sq Ft

$769

$/Sq Ft

1981

Year Built

Listing Snapshot

List Price	$1,725,000
Price / Sq Ft	$769
Beds	0
Baths	0
Living Area	2,244 sqft

Year Built	1981
Property Tax	$11,601/yr
MLS #	1129950204
Status	Active
Days on Market	319

About This Home

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.

General Features

Property Type: ResidentialIncome
Sub-type: Duplex
Stories: 2
Parking Spaces: 6
Zoning: UR
Utilities: CableAvailable
Subdivision: MARAMEADE AMD

Interior Features

Flooring: CeramicTile
Heating: Central,Other,SeparateMeters
Cooling: CentralAir

Exterior Features

Construction: Block
Exterior Features: Balcony,Barbecue,OutdoorLivingArea,OutdoorShower,RoomForPool
Roof: Metal
Patio / Porch: Deck,Open,Balcony
Fencing: Fenced
Pool: Yes
Pool Features: AboveGround,PoolEquipment
Waterfront: Yes
Waterfront Features: CanalFront