Search
Waterfront Duplex with Dock
For Sale
Under Contract
$1,725,000

440-442 48th Street Ocean, Marathon, FL 33050

Residential Income, Marathon, FL

Property Size2,244 SF
Lot Size0.17 Acres
Price / SF$768.72
Days on Market47

Property Features for 440-442 48th Street Ocean

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description UR
Bedrooms 6
Full bathrooms 5
Rooms Bathroom 2, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 5, Bedroom 3, Bedroom 2
Parking 6
Security features Security
Patio and Porch features Deck
Exterior features Balcony, Barbecue, Deck, Fence, Outdoor Shower, Room For Pool, Storm/Security Shutters
Fencing Fenced
Subdivision MARAMEADE AMD
Lot features < 1/4 Acre
Standard status Active Under Contract
APN 00324800-000000
Size 2,244 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2023
Tax 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
Tax Annual Amount 11601
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

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public
Water front 1

Amenities

above ground pool
fully fenced yard
dock/sea wall

Building Details

Year built 1981
Floors in Building 2
Flooring type Tile - Ceramic
Building materials Block
Roof type Metal
Listing Agency: LoKation
Listed By: Danielle Torres · License #3213206
Added: Jul 14 Changed: Aug 29 Last Checked: Aug 29 at 8:06PM
MLS# A11841247

Copyright © 2026 Miami 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 2244-square-foot duplex includes two separately serviced residences, each with three bedrooms and two bathrooms. The building dates to 1981 and features block construction, ceramic tile flooring, central heating and cooling, a metal roof, and ample parking. Outdoor improvements include an above-ground pool, deck, fencing, outdoor shower, barbecue area, balcony, and storm/security shutters.

The property occupies a 7500-square-foot lot with 75 feet of dock and seawall along a deep-water canal. Its canal position provides ocean and bay access without bridge crossings and is protected by Boot Key Harbor. Short-term rentals may be possible with the appropriate license. The layout also supports owner occupancy in one residence while the other is rented, continued duplex use, or conversion to a single-family home oriented toward the canal.

Key Highlights

  • 2244 square feet on a 7500 square foot lot
  • 75 feet of dock and seawall along a deep‑water canal
  • Two units, each with 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

588
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units feature separate utilities, fenced outdoor space, and canal access for flexible occupancy options.
Where is this duplex located?
The property is located at 440-442 48th Street Ocean Marathon, FL.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: 2244 square feet on a 7500 square foot lot; 75 feet of dock and seawall along a deep‑water canal; Two units, each with 3 bedrooms and 2 bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message