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    440 48 St Marathon, FL 33050

    For Sale
    $1,750,000

    Multi-family - Marathon, FL

    Type:Multi Family
    Property size:
    2,244 SF
    Lot size:
    0.17 Acres
    Days on Market:
    106
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 440 48 St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R-MH - Residential - MH
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    00324800-000000
    Parking features
    Carport
    Interior features
    Drapes/Blinds Incl, Smoke Alarms
    Exterior features
    Fencing, Storage, Outdoor Shower, Lanai
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
    Size
    2,244 SF
    Lot size
    0.17 Acres

    Utilities

    Cooling system
    Ceiling Fan(s)
    Water front features
    Canal Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1981
    Number of units
    2
    Flooring type
    Carpet, Tile
    Roof type
    Metal, Shake
    Architectural style
    Other
    Additional Structures
    Storage

    LoKation Real Estate (954) 545-5583 [email protected]

    Listing agent Danielle Torres (954) 545-5583 License #3213206

    Listing date Aug 31, 2025

    MLS# 616354 Listing URL

    Copyright © 2025 Florida Keys Board 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.

    Overview

    Waterfront Duplex with Rental Potential

    This stilted duplex property is located in Marathon, Florida, and features a metal roof and accordion shutters. Each apartment includes 3 bedrooms and 2 bathrooms. The property includes a carport, a family cave, and 2 storage bonus rooms. Situated on a 7500 sq ft lot, the property features a fully fenced yard with multiple sitting areas. The property has 75 ft of concrete seawall and a wooden dock extension. The zoning is R-MH - Residential - MH. The property has a Monroe County rental license permitting 7-day rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.081705
    Latitude
    24.713435

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    FAQs

    What type of property is this?
    Duplex - Waterfront duplex in Marathon, Florida, with rental license.
    Where is this duplex located?
    The property is located at 440 48 St Marathon, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Full waterfront property featuring a 75 ft concrete seawall and wooden dock extension.; - Spacious stilted duplex, each apartment offering 3 bedrooms and 2 bathrooms.; - Metal roof and accordion shutters provide durability and storm protection.
    (954) 545-5583
    Request Owner's contact information
    440 48 St Marathon, FL 33050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    440 48 St Marathon, FL 33050
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