$1,750,000

440 48th Street Ocean Marathon, FL 33050

Estimated payment $10,484/month

Total Views 2,028
-- Bed
-- Bath
2,244 Sq Ft
$780 Price per Sq Ft

Highlights

  • Deeded Boat Dock
  • Up to 40-Foot Boat
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Above Ground Pool
  • Deck

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

Listing Agent

Danielle Torres

LoKation License #3213206 Listed on: 07/15/2025

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,601

Year Built

  • Built in 1981

Lot Details

  • 75 Ft Wide Lot
  • 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
  • Complete Accordion Shutters

Pool

  • Above Ground Pool
  • Room in yard for a pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Up to 40-Foot Boat
  • Up to 20-Foot Boat
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Marameade Amd Condos
  • Marameade Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00324800-000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,601

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Property Sub Type: Duplex
  • Horses: No
  • Inclusions: Private Dock, 0 to 20 Ft Boat,Dock Owned/Included,Electric Available,UP to 40 Ft Boat
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: MARAMEADE AMD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor
  • Living Area: 2244
  • Stories: 2
  • Window Features: Complete Accordian Shutters, Hurricane Shutters

Exterior Features

  • Roof: Metal Roof
  • Exterior Features: Barbeque, Open Balcony, Outdoor Shower, Room For Pool
  • Construction Type: Concrete Block Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: Above Ground, Equipment Stays
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARAMEADE AMD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00324800-000000
  • Zoning: UR

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11601

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $1,750,000 -- $780 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,179,000 Attorney
Special Warranty Deed $402,000 Attorney
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $850,000 --
Warranty Deed $255,000 --
Quit Claim Deed $255,000 --
Warranty Deed $255,000 --
Warranty Deed $215,000 --
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,150 Credit Line Revolving
Previous Owner $702,000 New Conventional
Previous Owner $151,900 Unknown
Previous Owner $340,000 Commercial
Previous Owner $32,750 New Conventional
Previous Owner $32,750 Credit Line Revolving
Previous Owner $175,000 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11841247

MIAMI REALTORS® MLS

APN: 00324800-000000