For Sale
$1,999,999

442 48Th Street OceanMarathon, FL 33050

Florida Keys Duplex: Oceanfront Living & Income

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-story, 1981-built duplex in Marathon, Florida, presents a unique blend of residential and investment potential. Situated on a spacious 7,500 square foot lot, the property boasts two individual apartments, each featuring three bedrooms and two bathrooms. Enjoy breathtaking views from expansive east and west-facing balconies in each unit. The property includes a valuable 75-foot concrete seawall, an extended wooden dock, and a convenient fish-cleaning station, perfect for enjoying the Florida Keys lifestyle. Located in a prime location, restaurants, shops, and attractions are all within walking distance. This multifamily property offers unparalleled possibilities, whether you choose to reside in one unit and rent the other, or rent both as long-term rentals or vacation rentals (minimum 7-night stays with an approved vacation license). The asking price is $1,999,999. This coastal property offers charm, comfort, and significant income potential, making it an ideal investment opportunity in the desirable Florida Keys market. The property is located at 442 48th Street Ocean, Marathon, FL 33050, in Monroe County.

Highlights

  • Exceptional three-story duplex built in 1981, offering residential and investment potential.
  • Spacious 7,500 sq ft lot with two 3 bed/2 bath units, each with east and west-facing balconies.
  • Features a 75-foot concrete seawall, extended wooden dock, and fish-cleaning station.
  • Prime Marathon, FL location, walkable to restaurants, shops, and attractions.
  • $1,999,999 asking price; ideal for owner-occupancy or rental income (long-term or vacation rentals).

Property Details for 442 48Th Street Ocean

Property type
Apartment buildings, Small apartment buildings
Year Built
1981
Stories
3

Location Insight

City
Marathon
County
Monroe
State
Florida
Latitude
24.7134749
Longitude
-81.0817393
442 48Th Street Ocean, Marathon, Florida

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442 48Th Street Ocean
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