Marathon, FL Multifamily Properties for Sale

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Updated: Jan 22

Two-Story Duplex with Redevelopment Potential

329 63 Court Gulf, Marathon, FL 33050

$500,000

1,302 sqft 0.24 AC lot

Two‑story duplex in Marathon with 1BR/1BA per unit
On a 10,591 SF lot, with scope for redevelopment, expansion, or construction of a larger duplex (subject to local approvals)
Built in 1968; CBS construction and tar/gravel roof
Electric heating and window/wall unit A/C
Appliances included: refrigerator, range, and oven

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This listing looks promising.

Here's a quick look at some key insights for

329 63 Court Gulf, Marathon, FL 33050

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$22K
Annual
Price @ 7% Cap

$312K
Suggested
Property Type

Multi-Family Dwellings
Built 1968

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Updated: Jun 10

Waterfront Duplex with Dockage

303 Sombrero Beach Road, Marathon, FL 33050

$1,549,000

2,114 sqft 0.25 AC lot

Stilted full duplex built in 1985 on Sombrero Beach Road in Marathon
Waterfront duplex with deep‑water boating access and 110 feet of concrete seawall/dockage
Pool and in‑ground pool plus decking, front porch, and low‑maintenance gravel yard
2,114 SF total interior living space with 4 bedrooms and 4 bathrooms (2BR/2BA per side)
Each unit offers open living/dining areas, kitchen, washer/dryer, and enclosed sun porch areas with water views

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Waterfront Duplex with Dock/Sea Wall

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

$1,725,000

2,244 sqft

Two 3-bedroom, 2-bath units on a lot with dock/sea wall access and outdoor amenities for year-round or rental use.

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Overseas Highway Mixed-Use Investment

7070 Overseas Highway, Marathon, FL 33050

$1,450,000

4,168 sqft

Mixed-use property with commercial space and residential rental units.

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Waterfront Development Site with Dockage

14 125th Street Gulf, Marathon, FL 33050

$3,549,000

1.72 AC lot

Waterfront property with approved deep-water dockage and conditional use approval for 10 units plus 4 staff group home units.

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Waterfront Multi-Family Estate

901 46th Street, Marathon, FL 33050

$2,799,000

3,047 sqft 0.43 AC lot

Two Gulf-front homes include a private dock, pools, and separate living spaces on an open-water lot.

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Waterfront Mixed-Use Redevelopment Site

14 125Th Street Gulf, Marathon, FL 33050

$3,549,000

6,128 sqft 1.57 AC lot

Approved deep-water dockage and 200' highway frontage with a recertified two-story CBS building and outdoor porches.

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Waterfront Townhouse in Marathon, FL

10877 Overseas Highway, Marathon, FL 33050

$525,000

7.00 AC lot

One-bedroom, two-bath townhouse on a 7-acre waterfront complex.

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Waterfront Mixed-Use Development Site

14 125Th Street Gulf, Marathon, FL 33050

$3,549,000

6,128 sqft 1.72 AC lot

Waterfront mixed-use site with approved deep-water dockage and a recertified two-story raised CBS building.

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Waterfront Duplex in Sombrero Beach

17-18 Man-O-War Drive, Marathon, FL 33050

$1,300,000

1,668 sqft 0.08 AC lot

Updated waterfront duplex with dock and ocean access in Marathon.

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Waterfront Rental Homes Compound

2394 Coco Plum Drive, Marathon, FL 33050

$11,000,000

Three professionally built waterfront residences with private pools and docks, zoned for weekly rentals.

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Waterfront Residences: Luxury & Income

2394 Coco Plum Drive, Marathon, FL 33050

$11,000,000

12,198 sqft 1.31 AC lot

Three designer homes on a waterfront parcel with income potential.

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Waterfront Half-Duplex Home

17 Man-O-War Drive, Marathon, FL 33050

$690,000

834 sqft 0.08 AC lot

Updated half-duplex with new dock, seawall, and modern interior finishes near Sombrero Beach.

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Waterfront Duplex with Dock

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

$1,725,000

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

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Waterfront Half-Duplex With Dock

18 Man-O-War Drive, Marathon, FL 33050

$690,000

834 sqft 0.12 AC lot

Updated half-duplex with vinyl plank flooring, stainless appliances, new seawall, and a 45-foot dock near Sombrero Beach.

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Canal-Front Duplex with Building Rights

4901/4903 49th Street, Marathon, FL 33050

$1,099,000

1,512 sqft 0.15 AC lot

Duplex offering two 2-bedroom, 1-bath units on a canal in Marathon with two building rights.

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Oceanfront Home on Atlantic

101 11th Street Ocean, Lot 33, Marathon, FL 33050

$629,000

1,000 sqft

New construction, ocean views, community amenities, and rental potential.

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Waterfront Development Site with Dockage

14 125Th Street Gulf, Marathon, FL 33050

$3,549,000

1.72 AC lot

Waterfront site with deep-water dockage approval and an existing recertified two-story CBS building.

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Oceanfront Home on Atlantic

101 11th Street Ocean, Marathon, FL 33050

Contact for pricing

1,000 sqft

Oceanfront property with sunrise/sunset views, modern amenities, and rental potential.

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Three-Residence Waterfront Triplex

2394 Coco Plum Drive, Marathon, FL 33050

$11,000,000

Three designer residences built in 2019, each with its own pool, dock, and impact-rated windows and doors.

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Buildable RV Lot with Ocean Views

6099 Overseas Highway, Marathon, FL 33050

$225,000

0.02 AC lot

Buildable RV lot with ocean sunrise views, utilities in place, and resort amenities including a boat ramp and pavilions.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Marathon, FL, we suggest to view alternatives - similar 6 Off-Market properties to explore as potential leads.

Off-Market Properties in Marathon, FL

Consider similar Off-Market properties in Marathon, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

101 11Th Street Ocean, Marathon, FL 33050

Value Estimation by Request

1,000 sqft

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Multifamily properties

101 11Th Street Ocean, Marathon, FL 33050

Value Estimation by Request

1,000 sqft

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Multifamily properties

442 48Th Street Ocean, Marathon, FL 33050

Value Estimation by Request

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Marathon, FL Multifamily Properties Market Trends and Statistics

Explore 27 multifamily properties for sale in Marathon, FL, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 43,177 square feet of properties for sale, with an estimated market value of $30,529,000.

Sale prices for multifamily properties in Marathon, FL start at $500,000, averaging $2,348,384, and reaching up to $11,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 11K

Population Growth (5Y) +12.2%

Median Household Income $83,776

College Educated 36.9%

High-Yield Neighborhoods for Investment

Identify Marathon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33050	$3.3M

Taxes & Financing

Tax Rate (average for all types) 0.86%

Property Tax per SF $8.45 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

Residential Income

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Marathon, FL Multifamily Properties for Sale

329 63 Court Gulf, Marathon, FL 33050

303 Sombrero Beach Road, Marathon, FL 33050

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

7070 Overseas Highway, Marathon, FL 33050

14 125th Street Gulf, Marathon, FL 33050

901 46th Street, Marathon, FL 33050

14 125Th Street Gulf, Marathon, FL 33050

10877 Overseas Highway, Marathon, FL 33050

14 125Th Street Gulf, Marathon, FL 33050

17-18 Man-O-War Drive, Marathon, FL 33050

2394 Coco Plum Drive, Marathon, FL 33050

2394 Coco Plum Drive, Marathon, FL 33050

17 Man-O-War Drive, Marathon, FL 33050

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

18 Man-O-War Drive, Marathon, FL 33050

4901/4903 49th Street, Marathon, FL 33050

101 11th Street Ocean, Lot 33, Marathon, FL 33050

14 125Th Street Gulf, Marathon, FL 33050

101 11th Street Ocean, Marathon, FL 33050

2394 Coco Plum Drive, Marathon, FL 33050

6099 Overseas Highway, Marathon, FL 33050

Off-Market Properties in Marathon, FL

101 11Th Street Ocean, Marathon, FL 33050

101 11Th Street Ocean, Marathon, FL 33050

442 48Th Street Ocean, Marathon, FL 33050

Marathon, FL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Residential Income

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