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Canalfront Duplex with Private Docks
For Sale
$1,225,000

574 & 576 99th Street Ocean, Marathon, FL 33050

Two renovated two-bedroom residences offer independent docks, covered parking, and access to ocean and Gulf boating routes.

Property Size1,854 SF
Price / SF$660.73
Days on Market169

Property Features for 574 & 576 99th Street Ocean

General Information

Standard status Active
Size 1,854 SF
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,476

Amenities

covered parking
dock
seawall
shore power
fresh water hookups

Building Details

Building Size 1,854 SF
Year Built 1959
Year Renovated 2020
Buildings 1
Tenancy Multi
Listing Agency: Seafarer Realty LLC
Listed By: Alexia Mann · License #3394524
Source: Keysocean
Added: May 12 Changed: Oct 27 Last Checked: Oct 26 at 3:22PM

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 Seafarer Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two matching 2-bedroom, 2-bathroom residences, each measuring approximately 927 square feet. Both units have impact-rated windows and doors, granite countertops, stainless steel appliances, and tile flooring, along with covered parking. Renovation work was completed in 2020. Each residence has a 30-foot concrete dock and seawall, with 30-amp shore power and fresh water connections; together, the docks span 60 feet. Waterside features include string lighting, solar-lit dock pilings, and underwater fish lights. The property was built in 1959 and is currently occupied by month-to-month tenants in both units.

The duplex sits on a deep-water canal in Marathon, with ocean access and Gulf access through Vaca Cut. Oceanfront Park is next door and includes pickleball courts, a dog park, kayak launch, waterfront trails, playgrounds, exercise equipment, green space, and community events. Sombrero Beach is 4 miles away, and Coco Plum Beach is 1.5 miles away.

Key Highlights

  • Two 2‑bedroom, 2‑bathroom units, approximately 927 square feet each
  • Renovated in 2020; impact windows and doors, granite counters, stainless steel appliances, and tile floors
  • Each unit has a 30‑foot concrete dock and seawall, with 30‑amp shore power and fresh water hookups

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

451
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two renovated two-bedroom residences offer independent docks, covered parking, and access to ocean and Gulf boating routes.
Where is this duplex located?
The property is located at 574 & 576 99th Street Ocean Marathon, FL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Two 2‑bedroom, 2‑bathroom units, approximately 927 square feet each; Renovated in 2020; impact windows and doors, granite counters, stainless steel appliances, and tile floors; Each unit has a 30‑foot concrete dock and seawall, with 30‑amp shore power and fresh water hookups
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