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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: 3/17/2026

Overview

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 del ...

Listing Details MLS# 616290

Location, Tax & Legal

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
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

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Multi-family
Style
Duplex
Waterfront
Yes
Control Depth
5
Pool
No
Year Built
1968
Lot SqFt
6750
Acres
0.15
Living Apx SqFt
1512
SqFt Source
Tax Records
Total Bedrooms
4
Full Baths
2
Total Baths
2
Rentals Allowed
Yes
Min Rental Days
7
Total Units
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Dockage

Dock Length
85
Dock
Concrete

More Information

Building Style

Above Flood
Unknown

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.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dryer
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Floor

Tile
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Guest Parking
Yes
Open Parking
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
No Seller Finance
Yes
VA
Yes

Utilities

Cable Available
Yes
Elect Separate Meter
Yes
FKAA
Yes
Water Separate Meter
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Roof

Tar/Gravel Roof
Yes

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: March - 17 - 2026
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.
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