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Canal-Front Duplex with Dock/Sea Wall
For Sale
Under Contract
$1,725,000

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

MULTI_FAMILY - Marathon, FL

Property Size2,244 SF
Lot Size0.17 Acres
Price / SF$768.72
Days on Market35

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 1, Bathroom 5, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 5
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/seawall

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 14 Last Checked: Aug 17 at 12:06AM
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 canal-front duplex offers two separate units in a block-built property with central HVAC. Each unit includes three bedrooms and two bathrooms, and each side has its own utilities. The exterior features include a fenced yard, deck and balcony areas, storm/security shutters, and an outdoor shower. A metal roof and ceramic tile flooring are in place, along with a cable-available service. An above-ground pool and entertaining-friendly outdoor space support full Florida living.

The property sits on a generous 7,500 square foot lot with 75 feet of dock/sea wall, providing canal access with minimal time and no bridges for deep-water routes. The canal location is described as very well protected with Boot Key Harbor.

Operationally, the property can be used as a duplex investment, live in one unit and rent the other, or—where permitted—consider short term rental options with the appropriate license. There is also an option described to convert the property into a single-family home facing the deep water canal.

Key Highlights

  • Duplex with two units, each with three bedrooms and two bathrooms
  • 7,500‑square‑foot lot with 75 feet of dock/sea wall
  • Canal front location with deep water access and no bridges

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

600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Canal-front duplex featuring a private dock/sea wall, fenced outdoor space, and separate utilities for each unit.
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: Duplex with two units, each with three bedrooms and two bathrooms; 7,500‑square‑foot lot with 75 feet of dock/sea wall; Canal front location with deep water access and no bridges
More about this property
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