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Waterfront Duplex with Private Pools
For Sale
$2,650,000

901 46th Street, Marathon, FL 33050

MULTI_FAMILY - Marathon, FL

Property Size3,047 SF
Lot Size0.44 Acres
Price / SF$869.71
Days on Market181

Property Features for 901 46th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM - Residential Medium
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 4
Parking features Open
Patio and Porch features Porch, Patio
Pets allowed Yes
Pool private 1
Interior features Granite Counter Top
Exterior features Fencing, Hot Tub
Fencing Fenced
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Subdivision Tipton's Sub (49.5)
View Water
Directions From Overseas Highway, turn onto 46th St Gulf. The property is all the way down to the end of the street on the left-hand side.
Standard status Active
APN 00327640000000
Size 3,047 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Tiptons Sub Pb2-46 Marathon Lots 30 & 31 & Adj Fill & Bay Btm N Of & Adj To Lot 31 Tiptons Sub G72-85(Ii Deed 20395) Or4
Tax Annual Amount 15541
Legal Description Tiptons Sub Pb2-46 Marathon Lots 30 & 31 & Adj Fill & Bay Btm N Of & Adj To Lot 31 Tiptons Sub G72-85(Ii Deed 20395) Or4

Utilities

Utilities Cable Available
Heating system Central, Ductless (Heating)
Cooling system Wall/Window Unit(s), Central Air, Ductless, Window Unit(s)
Water front 1

Amenities

private pool
hot tub
private dock
sandy beach area
private balconies
stone fireplace
Miami-Dade pine beams
carport

Building Details

Year built 1962
Number of units 2
Flooring type Tile
Building materials CBS
Roof type Tile, Shingle
Listing Agency: Florida Keys Real Estate Group
Listed By: Bonnie Sanderson · License #3209351
Added: Feb 27 Changed: Aug 7 Last Checked: Aug 27 at 6:06PM
MLS# 618849

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 3,047-square-foot duplex property includes a primary residence with 5 bedrooms and 4 bathrooms plus a separate 1-bedroom, 1-bath apartment. The main home features a stone fireplace, Miami-Dade pine beams, balconies, tile flooring, and granite countertops. The apartment has its own pool and carport. Outdoor improvements include a second private pool, hot tub, dock, patio, porch, fencing, and a sandy beach area. The property is built on 0.435 acres and includes two building rights.

Located at 901 46th Street in Marathon, the property fronts the Gulf with open-water views and direct boating access. Its end-of-road position provides a quieter setting, while the RM - Residential Medium zoning supports the recorded residential configuration. The property was built in 1962 and is currently operating as a licensed vacation rental with an income history.

Key Highlights

  • 3,047‑square‑foot duplex with a 5‑bedroom, 4‑bath main home and separate 1‑bedroom, 1‑bath apartment
  • 0.435‑acre Gulf‑front property with open‑water views and direct boating access
  • Two private pools, hot tub, private dock, and sandy beach area

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

508
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?
Duplex - Gulf frontage, boating access, and a separate apartment support flexible occupancy.
Where is this duplex located?
The property is located at 901 46th Street Marathon, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 3,047‑square‑foot duplex with a 5‑bedroom, 4‑bath main home and separate 1‑bedroom, 1‑bath apartment; 0.435‑acre Gulf‑front property with open‑water views and direct boating access; Two private pools, hot tub, private dock, and sandy beach area
More about this property
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