4901/4903 49th Street, Marathon, FL 33050
$1,099,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,512
Lot Size (sq. ft.):
6,750
Status:
Active
Current Price:
$1,099,000
List Date:
8/26/2025
Last Modified:
12/03/2025
Description
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!
More Information MLS# 616290
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $1,099,000
Listing Date: 2025-08-26
List Price: $1,099,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 49.5
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Ocean
Flood Zone: AE
Alternate Key #: 1398811
Parcel #: 00324890-000000
Zoning: RH - Residential High
Deed Restrictions: Unknown
Legal: BK F LT 1 AMD PLAT OF MARAMEADE SUBD PB3-185 KEY VACCA OR469-762 OR575-111 OR756-1799 OR825-2430 OR902-566 OR1005-1683
Taxes: 7738.23
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 4901/4903
Street Name: 49th
Street Suffix: Street
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Marameade Amd (49.5)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Multi-family
Waterfront: Yes
Control Depth: 5
Lot SqFt: 6750
Pool: No
Total Units: 0
Acres: 0.15
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 7
Style: Duplex
Year Built: 1968
Living Apx SqFt: 1512
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: 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!
Directions: Southeast corner of 49th St Ocean and Ocean Terr.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 85
Dock: Concrete
Tax Exemptions
None: 1
Appliances
Dryer: 1
Oven: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Floor
Tile: 1
Building Style
Above Flood: Unknown
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Guest Parking: 1
Open Parking: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
No Seller Finance: 1
VA: 1
Utilities
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Roof
Tar/Gravel Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Cable Available; Elect Separate Meter; FKAA; Water Separate Meter
Appliances: Dryer; Oven; Refrigerator; Washer
Construction: CBS
Floor: Tile
Roof: Tar/Gravel Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; No Seller Finance; VA
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: December - 03 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.