$2,990,000
$110K PRICE DROP

901 46th St Marathon, FL 33050

Estimated payment $17,148/month

Total Views 2,126
6 Beds
4 Baths
3,047 Sq Ft
$981 Price per Sq Ft

Highlights

  • Airstrip
  • Boat Ramp
  • Property fronts gulf or ocean
  • Coral Shores High School Rated A
  • Beach
  • Dock made with wood

About This Home

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, 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 viewsLicensed vacation rental with proven income historyTwo private pools + hot tubPrivate dock with easy Gulf accessFlexible multi-family layoutPeaceful end-of-road locationNumerous upgrades and renovationsCurrently operating as a successful vacation rental, this property offers strong income potential or the perfect setup for a private coastal retreat.

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

Interior Spaces

  • 3,047 Sq Ft Home
  • Fireplace
  • Sliding Doors
  • Tile Flooring
  • Gulf 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

  • Heated In Ground Pool
  • Pool Deck
  • Spa

Outdoor Features

  • Airstrip
  • Boat Slip
  • Dock made with wood
  • Screened Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00327640000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tipton's Sub Subdivision

Recreation

  • Boat Ramp
  • Beach

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
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Airstrip, Other Area Features, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 15541.15
  • Title: Negotiable
  • Vehicle Storage: Carport, Guest Parking, Open Parking
  • Year Built: 1962
  • Alternate Key Number: 1401871
  • Cooling Heating: Central Air, Ductless, Wall/Window Unit(s)
  • Lot Sq Ft: 18950.00
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio, Screened P/B
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3047.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Fireplace(s), Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 6

Exterior Features

  • Dockage: Boat Slip, Basin
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Hot Tub
  • Roof: Tile Roof, Shingle Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central, Ductless

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00327640000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.73

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

Multi Family

  • Total Units: 2.00

Map

Range of Values:

--
Value Increase
--
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 $15,348 $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

Date Event Price List to Sale Price per 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

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

Date Status Loan Amount Loan Type
Open $1,010,820 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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