Duplex in 440-442 48th Street Ocean, Marathon, FL 33050 for sale with MLS# A11841247
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.
440-442 48th Street Ocean, Marathon, FL 33050
- Price:
- $1,725,000.00
- Original List Price:
- $1,750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $768.71
- Listing Type:
- For Sale
- Status:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Contingency:
- Active Under Contract
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- July 14, 2026 3:02 pm
- Living Area:
- 2,244 Sqft
- Built-Up Area:
- 4,478 Sqft
- Lot Size Dimensions and Info:
- 7,500
- Lot Features:
- Room For Pool
- Waterfront:
- Yes
- Waterfront Features:
- Canal Front
- Frontage Length:
- 75
- Private Pool
- Swimming Pool Features:
- Above Ground, Equipment Included
- Exterior:
- Barbecue, Balcony, Outdoor Shower
- Patio and Porch:
- Deck
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Other, Separate Meters
- Fence:
- Fenced
- Boat and Dock Features:
- Private Dock, Electric Available
- Boat Dock Accommodates:
- Up To 40 Ft Boat
- Balcony Details:
- Balcony - Open
- Storm Protection Accordian Shutters:
- Complete
- Year Built:
- 1981
- Roof:
- Metal
- Number of Units Total:
- 2
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 2
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $11,601.00
- Tax Year:
- 2023
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- MARAMEADE AMD
- Senior Community:
- No
- Community Dock
- Documents Available:
- Existing Survey, Other Available Information, Service Contracts
- Listing Terms Considered by Seller:
- Cash, Conventional, Cryptocurrency, Other
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 00324800000000
- Zoning:
- UR
- Elementary School:
- Key Largo
- High School:
- Coral Shores
- Middle Or Junior School:
- Marathon
- Active on the market since:
- July 16, 2025
- Listing Agreement executed on:
- July 15, 2025
- Purchase Contract Date:
- July 10, 2026
- Price change occurred on:
- January 2, 2026 2:03 am
- Listing Status Last Changed On:
- July 14, 2026 3:02 pm
- Photos updated on:
- July 14, 2026 3:03 pm
- Last Modified:
- August 24, 2026 8:55 pm
- Courtesy of:
- LoKation
- Attribution:
- Not provided
- Street Name:
- 48th
- Street Number:
- 440-442
- Unit Number:
- Ocean
- City:
- Marathon
- State:
- Florida
- Zip Code:
- 33050
- County:
- Monroe
- Latitude:
- N24° 42' 48.3''
- Longitude:
- W82° 55' 5.9''
- Street Suffix:
- Street
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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