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CBS Duplex with Dock on Deep Canal
For Sale
$675,000

427 89Th Street Ocean, Marathon, FL 33050

Residential, Marathon, FL

Property Size945 SF
Lot Size0.07 Acres
Price / SF$714.29
Days on Market265

Property Features for 427 89Th Street Ocean

General Information

Property type Residential
Property subtype Duplex
Zoning RM - Residential Medium
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Patio and Porch features Patio
Pets allowed Yes
Interior features Granite Counter Top, Storage
Exterior features Fencing, Privacy Wall/Fence, Shed, Storage
Fencing Fenced, Privacy
Appliances Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Subdivision Gulfstream Shore (Marathon) (52.0)
Directions US-1 to 89th st. ocean.
Standard status Active
APN 00349370-000100
Size 945 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description AMD PLAT OF GULFSTREAM SHORES PLAT #2 PB3-142 S1/2 OF LOT 2 BLOCK 5 OR559-140 OR668-72 OR718-539 OR761-803 OR940-456 OR1
Tax Annual Amount 5063
Legal Description AMD PLAT OF GULFSTREAM SHORES PLAT #2 PB3-142 S1/2 OF LOT 2 BLOCK 5 OR559-140 OR668-72 OR718-539 OR761-803 OR940-456 OR1

Utilities

Cooling system Central Air
Water front 1

Amenities

dock
ample parking
low-maintenance backyard

Building Details

Year built 1975
Floors in Building 1
Flooring type Tile
Building materials CBS
Roof type Metal
Additional Structures Storage
Listing Agency: Island Breeze Realty, LLC
Listed By: David N. Grego · License #3107004
Added: Dec 11, 2025 Changed: Aug 28 Last Checked: Sep 2 at 11:06AM
MLS# 617668

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 CBS half-duplex duplex is built for coastal living, with an open interior layout, tile flooring, a granite kitchen, and storage features throughout. The home is served by central air and includes two bedrooms and two bathrooms. Exterior improvements include a patio, fencing/privacy wall, a shed, and additional storage. A 2018 metal roof supports low-maintenance ownership, and the dock provides access to a clean, deep canal with instant ocean access.

The property sits on a 0.07-acre lot in Marathon, Monroe County, in the RM - Residential Medium zoning category. The home’s front provides ample parking, and the layout is described as having minimal stairs.

Built in 1975, this duplex configuration offers a practical option for a second home or full-time residence in the Florida Keys.

Key Highlights

  • 35‑ft dock on a clean, deep canal with instant ocean access
  • CBS half‑duplex with open layout and tile flooring
  • Granite kitchen and interior storage

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic

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

284
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - CBS half-duplex features a granite kitchen, central air, and a 2018 metal roof with a fenced, low-maintenance yard.
Where is this short term rental property located?
The property is located at 427 89Th Street Ocean Marathon, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 35‑ft dock on a clean, deep canal with instant ocean access; CBS half‑duplex with open layout and tile flooring; Granite kitchen and interior storage
More about this property
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