$2,799,000
$301K PRICE DROP

901 46th St Marathon, FL 33050

Marathon Area

Estimated payment $16,150/month

Total Views 5,177
6 Beds
4 Baths
3,047 Sq Ft
$919 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • Open Water Access
  • Coral Shores High School Rated A
  • Boat Slip
  • Spa

About This Home

Two homes on open water for the price of one! Over 18,000 square foot lot, bay bottom, two building rights. Wake up to endless Gulf views and fall asleep to breathtaking sunsets at this rare waterfront estate.
Tucked away at the end of a quiet road, this unique multi-family property sits directly on the Gulf, offering unmatched privacy, open water views, and direct boating access. Whether you're looking for a dream home, vacation getaway, or income-producing investment, this property delivers it all. The main home features 5 bedrooms and 4 bathrooms, highlighted by a beautiful stone fireplace, Miami-Dade pine beams, and multiple private balconies to soak in the coastal scenery. Step outside to your Gulf-front pool, private dock, hot tub, and sandy beach area--perfect for entertaining or simply enjoying the view. A separate 1-bedroom, 1-bath apartment includes its own private pool, and carport, making it ideal for guests, extended family, or living on-site while renting the main home. Why you'll love it: Direct Gulf-front with panoramic water views
Licensed vacation rental with proven income history
Two private pools + hot tub
Private dock with easy Gulf access
Flexible multi-family layout
Peaceful end-of-road location
Numerous upgrades and renovations Currently operating as a successful vacation rental, this property offers strong income potential or the perfect setup for a private coastal retreat. Dock permit in place.

Listing Agent

Bonnie Sanderson

Florida Keys Real Estate Group License #3209351 Listed on: 02/27/2026

Co-Listing Agent

Rachel Keller

Florida Keys Real Estate Group License #SL3351200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,541

Year Built

  • Built in 1962

Lot Details

  • 18,950 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,047 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Sliding Doors
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Open Parking

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Open Water Access
  • Boat Slip
  • Dock made with wood
  • Waterfront Basin

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00327640000000

Community Details

Overview

  • 2 Units
  • Tipton's Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,541

Year Built

Built in 1962

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential
  • Dockage Dock: Wood
  • Year Built: 1962
  • Building Style Above Flood: Unknown
  • Financial Status Standard Sale: Yes
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 1055699
  • Co List Office Mls Id: 1055699
  • Subdivision Name: Tipton's Sub (49.5)
  • Dockage: Boat Slip, Basin
  • Vehicle Storage: Carport, Open Parking, Guest Parking
  • Waterview: Bay/Gulf View, Open Water View
  • Building Style: Stories: 2 Stories
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: No
  • Pre-Wired: Cable
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counter Top
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Interior Features: Fireplace(s), Granite Counter Top, Smoke Alarms
  • WindowsDoors: Sliding Glass Doors, Other Windows/Doors

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Fencing, Hot Tub
  • Construction Type: CBS
  • General Property Description: Waterfront: Yes
  • Waterfront: Bay Front, Gulf Front, Open Water
  • Roof: Tile Roof, Shingle Roof
  • Pool Info: Heated: Yes

Utilities

  • Utilities: Water Separate Meter, Elect Separate Meter, Cable Available
  • Cooling: Central Air, Wall/Window Unit(s), Ductless
  • Utilities: FKAA, Municipal Sewer, Buyer to Verify, Water Separate Meter, Elect Separate Meter, Cable Available

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00327640000000
  • Lot Size Sq Ft: 18950.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15541.15

Multi Family

  • Number Of Units Total: 2

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

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 $15,541 $1,582,354 $1,101,783 $480,571
2024 $15,075 $1,565,545 $1,101,783 $463,762
2023 $15,075 $1,668,291 $1,193,880 $474,411
2022 $13,565 $1,370,627 $895,418 $475,209
2021 $12,292 $1,011,845 $585,017 $426,828
2020 $12,176 $1,132,086 $626,138 $505,948
2019 $10,742 $869,650 $359,085 $510,565
2018 $10,517 $880,562 $349,042 $531,520
2017 $10,223 $892,569 $0 $0
2016 $9,655 $787,881 $0 $0
2015 $9,051 $734,108 $0 $0
2014 $8,430 $619,531 $0 $0
Source: Public Records

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
06/19/2026 06/19/26 Price Changed $2,799,000 -6.4% $919 / Sq Ft
04/01/2026 04/01/26 Price Changed $2,990,000 -3.5% $981 / Sq Ft
02/27/2026 02/27/26 For Sale $3,100,000 -- $1,017 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Warranty Deed $1,090,000 Coral Reef Title Company
Warranty Deed $302,500 --
Warranty Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $780,300 Balloon
Closed $1,090,000 New Conventional
Closed $1,010,820 Commercial
Previous Owner $725,000 Commercial
Previous Owner $480,000 Commercial
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 618849

APN: 00327640-000000

Florida Monroe County Marathon 33050

901 46th St, Marathon, FL

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Listing Agent
Bonnie Sanderson
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Florida Keys Real Estate Group
(645) 300-3785
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