For Sale
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Property summary
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
VerifiedCap rate & NOI
Current use
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Homestay
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Marathon market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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