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Renovated Waterfront Short-Term Rental
For Sale
$895,000

150 E 63rd Street Ocean, Marathon, FL 33050

Residential, Marathon, FL

Property Size1,378 SF
Lot Size0.09 Acres
Price / SF$649.49
Days on Market161

Property Features for 150 E 63rd Street Ocean

General Information

Property type Residential
Property subtype Duplex
Zoning RM - Residential Medium
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
Parking features Open
Patio and Porch features Deck, Patio
Pets allowed Yes
Interior features Storage, Walk-in Closet(s), Quartz Countertops
Exterior features Lighting, Privacy Wall/Fence
Fencing Privacy
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Stainless Steel Appliance(s)
Subdivision Sheryl Sub (50.5)
Directions GPS
Standard status Active
APN 00339800-000100
Size 1,378 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BK A S1/2 LT 1 SHERYL SUBD #2 PB4-43 KEY VACA OR139-282 OR534-125 OR1010-1932 OR1971-1121 OR2945-0754 OR3249-2039 OR3253
Tax Annual Amount 5405
Legal Description BK A S1/2 LT 1 SHERYL SUBD #2 PB4-43 KEY VACA OR139-282 OR534-125 OR1010-1932 OR1971-1121 OR2945-0754 OR3249-2039 OR3253

Utilities

Heating system Central
Cooling system Central Air
Water front 1

Amenities

dockage

Building Details

Year built 1973
Floors in Building 1
Flooring type Tile
Building materials CBS, Concrete, Stucco
Roof type Shingle
Additional Structures Storage
Listing Agency: Berkshire Hathaway HomeServices Keys Real Estate
Listed By: Nate Bartlett · License #358818989
Added: Apr 15 Changed: Sep 15 Last Checked: Sep 22 at 12:06PM
MLS# 619508

Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated half-duplex residence offers three bedrooms and two bathrooms within a fully furnished layout. Improvements include a new kitchen with quartz countertops, impact windows and doors, a new A/C system, tile flooring, and updated coastal-style finishes. Central heating and cooling, in-unit laundry appliances, storage, and a walk-in closet add practical functionality. Outdoor features include a rebuilt dock, deck, patio, privacy fencing, and 50 feet of dockage with direct ocean access.

The property is located in Marathon, Florida, and carries RM - Residential Medium zoning. Open parking, a shingle roof, CBS, concrete and stucco construction, and a 1973 build date complete the core property profile. Short-term rental use is allowed, making the residence suitable for an owner-user or income-producing strategy supported by the existing waterfront improvements.

Key Highlights

  • 50 feet of rebuilt dockage with direct ocean access
  • Renovated 3‑bedroom, 2‑bath half‑duplex residence
  • Fully furnished and equipped with a new kitchen

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Hair Salon Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 33050, FL

10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished half-duplex residence with direct ocean access, private dockage, and short-term rental eligibility.
Where is this short term rental property located?
The property is located at 150 E 63rd Street Ocean Marathon, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 50 feet of rebuilt dockage with direct ocean access; Renovated 3‑bedroom, 2‑bath half‑duplex residence; Fully furnished and equipped with a new kitchen
More about this property
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