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Waterfront Duplex with Dock
For Sale
$1,725,000
Pending

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

Duplex with dock, pool, and short-term rental potential.

Property Size2,244 SF
Days on Market268

Property Features for 440-442 48th Street Ocean

General Information

Standard status Pending
Size 2,244 SF
Property subtype Other

Taxes and HOA fees

Annual Taxes $11,601

Building Details

Building Size 2,244 SF
Year Built 1981
Stories 2
Units 2
Listing Agency: LoKation Real Estate
Listed By: Danielle Torres · License #3213206
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Jul 23 at 9:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation Real Estate

Investment Insights

Based on property information with market context.

This duplex property is situated on a 7,500 square foot lot featuring 75 feet of dock and sea wall. Each of the two units includes 3 bedrooms and 2 bathrooms. The property features an above-ground pool and a fully fenced yard. The location on the canal front provides access to the ocean and bay. The property is located in close proximity to Boot Key Harbor. Each unit has a spacious layout, ample parking, and separate utilities. The property can be used as a duplex investment, converted into a single-family home, or used for short-term rentals with the appropriate license. The property is located on 48th Street Ocean in Marathon, Florida.

Key Highlights

  • Waterfront property with 75 feet of dock/sea wall and direct ocean/bay access (no bridges).
  • Duplex offers flexible options: live in one unit and rent the other, duplex investment, or convert to single‑family home.
  • Short term rentals possible (with license) in a strong rental market.

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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with dock, pool, and short-term rental potential.
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: Waterfront property with **75 feet of dock/sea wall and direct ocean/bay access (no bridges).**; Duplex offers flexible options: live in one unit and rent the other, duplex investment, or convert to single‑family home.; Short term rentals possible (with license) in a strong rental market.
More about this property
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