$1,099,000
$50K PRICE DROP

4901 49th St Marathon, FL 33050

Estimated payment $6,386/month

Total Views 3,236
4 Beds
2 Baths
1,512 Sq Ft
$727 Price per Sq Ft

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Balcony
  • Coral Shores High School Rated A
  • No HOA
  • Impact Glass

About This Home

Discover a rare opportunity in the heart of the Florida Keys! This full duplex with TWO building rights offers 2 spacious, 2-bedroom, 1-bathroom units, each unit thoughtfully designed for comfort and convenience. Situated directly on a canal with quick access to open water, it's a dream for boating enthusiasts and an excellent choice for investors seeking strong rental income potential.Perfectly positioned in the center of Marathon, this property places you minutes from beaches, marinas, dining, shopping, and top-rated schools--everything the Keys lifestyle has to offer is right at your fingertips. Residents and guests alike will enjoy evenings on the water, seamless access to both the Atlantic and the Gulf of America, and the laid-back charm that makes Marathon one of the most desirable destinations in the Keys.Whether you're searching for a primary home with supplemental rental income, a dedicated investment property, or a versatile retreat for family and guests, this duplex delivers unmatched potential. Properties like this are rarely available--don't miss your chance to own a slice of Keys waterfront living!

Listing Agent

Nate Bartlett

Berkshire Hathaway HomeServices Keys Real Estate License #3588189 Listed on: 08/26/2025

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 1968

Lot Details

  • 6,750 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Impact Glass
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00324890-000000

Community Details

Overview

  • No Home Owners Association
  • Marameade Amd Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,738

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 7738.23
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking, Guest Parking
  • Year Built: 1968
  • Alternate Key Number: 1398811
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6750.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1512.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Per property record card. 756 each side, buyer to verify.

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00324890-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $7,738 $649,185 $403,313 $245,872
2024 $7,405 $648,461 $403,313 $245,148
2023 $7,405 $656,364 $403,313 $253,051
2022 $6,666 $529,365 $224,438 $304,927
2021 $6,294 $447,373 $173,813 $273,560
2020 $7,243 $553,095 $273,375 $279,720
2019 $4,931 $316,280 $116,438 $199,842
2018 $4,601 $294,881 $101,250 $193,631
2017 $4,492 $297,520 $0 $0
2016 $4,313 $265,771 $0 $0
2015 $4,067 $228,878 $0 $0
2014 $3,928 $208,795 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Price Changed $1,099,000 -4.4% $727 / Sq Ft
08/26/2025 08/26/25 For Sale $1,149,000 -- $760 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 None Listed On Document
Warranty Deed $485,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $600,000 --
Warranty Deed $600,000 --
Warranty Deed $90,000 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Seller Take Back
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 616290

APN: 00324890-000000