440-442 48th Street #ocean, Marathon, FL

$1,500,000

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2,244

Square feet

About 440-442 48th Street #ocean

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.

Features of 440-442 48th Street #ocean

MLS® # A11841247
USD $1,500,000
CAD $2,101,365
CNY 元10,045,200
EUR €1,307,364
GBP £1,121,385
RUB ₽126,302,850
Last Listing Price $1,725,000
Year Built 1981
Type Residential Income
Sub-Type Duplex
Status Closed
HOPA No Hopa

Community Information

Address 440-442 48th Street #ocean
Area 5940 - Other Florida County
Subdivision MARAMEADE AMD
City Marathon
County Monroe
State FL
Zip Code 33050

Amenities

Utilities Cable Available
Is Waterfront Yes
Waterfront Canal Front
Has Pool Yes
Pool Above Ground, Equipment Included
Boat Services Private Dock,Electric Available,Up to 40 Ft Boat

Interior

Heating Central, Other, Separate Meters
Cooling Central Air
# of Stories 2

Exterior

Exterior Features Barbecue, Outdoor Shower, Balcony
Lot Description Room for Pool
Roof Metal
Construction Block

School Information

Elementary Stanley Switlik
Middle Marathon
High Coral Shores

Additional Information

Date Closed August 13th, 2026
Date Listed July 16th, 2025
Days on Market 432
Zoning UR
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 00324800000000

Listing Details

OfficeLoKation

Listing Map

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