440-442 48th St Unit Ocean Marathon, FL 33050
Marathon AreaEstimated payment $10,339/month
Highlights
- 75 Feet of Waterfront
- Above Ground Pool
- Outdoor Living Area
- Coral Shores High School Rated A
- Deck
- No HOA
About This Home
Stunning duplex on a generous 7,500 square foot lot with 75 feet of dock/sea wall. Each unit has 3 bedrooms and 2 bathrooms. Enjoy the Florida lifestyle with an above ground pool and fully fenced yard, ideal for entertaining. Short term rentals possible with the appropriate license. Live in one unit and receive rental income from the other, keep it as a duplex investment, or convert it into a single-family home facing deep water canal with no bridges. Strong rental market. Both units offer spacious layouts, ample parking, and separate utilities. The property's canal front location offers excellent access to the ocean/bay with minimal time. Very well protected with boot key harbor. The owner is a real estate agent WATERFRONT DUPLEX WITH ENDLESS POSSIBILITIES | Prime Investment Opportunity Full water front duplex on a generous 7,500 sq ft lot boasting 75 feet of seawall and private wooden dock. Each well-maintained unit features 3 beds/2 baths with modern updates. Enjoy the Florida lifestyle with an above-ground pool and fully fenced yard perfect for entertaining. Perfect for a large family or two families. Multiple investment strategies await: Live in one unit while collecting rental income from the other, maintain as a profitable duplex investment (short term 7 night rentals possible with the appropriate rental license) or convert to a luxurious single-family waterfront estate. Strong rental market in this sought-after location ensures steady cash flow potential.Both units offer spacious layouts, ample parking, and separate utilities. The property's waterfront location provides excellent boating access to both ocean & bay side of the keys and stunning city & sunset views. Don't miss this rare opportunity to own a versatile investment property with significant upside potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,601
Year Built
- Built in 1981
Lot Details
- 75 Feet of Waterfront
- Home fronts a canal
- Fenced
Parking
- 6 Parking Spaces
Home Design
- Duplex
- Metal Roof
Interior Spaces
- 2,244 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Pool
- Above Ground Pool
- Room in yard for a pool
- Outdoor Shower
- Pool Equipment or Cover
Outdoor Features
- Balcony
- Deck
- Open Patio
- Outdoor Living Area
- Outdoor Grill
Schools
- Stanley Switlik Elementary School
- Marathon Middle School
- Coral Shores High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00324800000000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Marameade Amd Subdivision
Building Details
- Gross Income $2,448
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,149 | $1,045,792 | $599,250 | $446,542 |
| 2024 | $11,498 | $1,044,250 | $599,250 | $445,000 |
| 2023 | $11,498 | $1,138,094 | $669,750 | $468,344 |
| 2022 | $10,194 | $879,486 | $387,750 | $491,736 |
| 2021 | $8,419 | $738,777 | $301,388 | $437,389 |
| 2020 | $7,645 | $645,759 | $301,388 | $344,371 |
| 2019 | $6,877 | $515,841 | $162,150 | $353,691 |
| 2018 | $6,520 | $499,255 | $142,500 | $356,755 |
| 2017 | $6,523 | $518,099 | $0 | $0 |
| 2016 | $6,148 | $445,448 | $0 | $0 |
| 2015 | $5,914 | $419,667 | $0 | $0 |
| 2014 | $5,657 | $382,527 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $1,750,000 | -- | $780 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11841247
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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