Advertise
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Small apartment buildings

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

    Built 1981
    Property ID
    US18-3268124
    440-442 48Th Street Ocean, Marathon, FL 33050 For Sale 1 / 37
    $1,725,000
    440-442 48Th Street Ocean, Marathon, FL 33050
    View Listing →
    Google Maps
    Property summary
    AI-generated overview

    This exceptional three-story, 1981-built duplex in Marathon, Florida, presents a unique blend of residential and investment potential. Situated on a spacious 7,500 square foot lot, the property boasts two individual apartments, each featuring three bedrooms and two bathrooms. Enjoy breathtaking views from expansive east and west-facing balconies in each unit. The property includes a valuable 75-foot concrete seawall, an extended wooden dock, and a convenient fish-cleaning station, perfect for enjoying the Florida Keys lifestyle. Located in a prime location, restaurants, shops, and attractions are all within walking distance. This multifamily property offers unparalleled possibilities, whether you choose to reside in one unit and rent the other, or rent both as long-term rentals or vacation rentals (minimum 7-night stays with an approved vacation license). The asking price is $1,999,999. This coastal property offers charm, comfort, and significant income potential, making it an ideal investment opportunity in the desirable Florida Keys market. The property is located at 442 48th Street Ocean, Marathon, FL 33050, in Monroe County.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1981
    UPID US18-3268124
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Luna Bay Breeze Homestay
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    440-442 48Th Street Ocean, Marathon, FL, 33050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!