Residential

340-350 Ocean Drive, MARATHON

$1,550,000.00

Bedroom 5 bedrooms
Bathroom 3 baths

  • MLS #: 619018
  • Address: 340-350 Ocean Drive, MARATHON, FL 33050
  • SQFT: 2918
  • Restrictions: Unknown

Location Location

Agent Comments Agent Comments
Rare opportunity to own a legal duplex being sold as A Single Family Home in the heart of Key Colony Beach in the beautiful Florida Keys. Located just one street off the Atlantic Ocean, 340-350 E Ocean Drive offers exceptional space, boating access, and an amazing investment opportunity with flexibility at a competitive price designed to sell.With 5 bedrooms, 3 bathrooms, and over 2,900 sq ft of living space, this property provides the rare opportunity to own a large waterfront home while still benefiting from the layout of a legal duplex. Sold together as a single property, it offers incredible versatility for full-time living, vacation use, or income-producing investment.Boaters will appreciate 50 feet of dockage with dual docks, allowing space for multiple vessels and providing a quick, easy ride to the open Atlantic for world-class fishing and boating.The 340 E Ocean Drive side features towering ceilings and dramatic floor-to-ceiling windows, filling the home with natural light while showcasing beautiful canal views from multiple areas. This side includes 3 bedrooms, 2 bathrooms, and a private balcony to enjoy the coastal breeze.The 350 E Ocean Drive side offers 2 bedrooms and 1 bathroom, along with its own private balcony overlooking the canal, the perfect spot to enjoy a morning coffee or evening sunset.Enjoy both ocean and canal views from this prime location just steps from the Atlantic. With a proven rental history, this property offers outstanding flexibility. Owners have the flexibility to live in one side and rent the other or rent both for maximum income potential.Updates include; Impact windows and doors (2021) 5V Metal Crimp Roof (2021) AC ( 2021 & 2023) New Dock Posts (2024)Competitively priced and offering size, dockage, and location, this is a standout opportunity to own a versatile waterfront property in Key Colony Beach. Call Today!

Amenities Amenities
  • Washer
  • Microwave
  • Oven
  • Refrigerator
  • Dishwasher
  • Dryer

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Forced Air
  • Floors: Vinyl
  • Rooms: Utility Room
  • Interior: Cathedral Ceilings, Window Treatments, Storage, Built-in Cabinets

Exterior Features Exterior Features
  • Parking: Open Parking
  • Roof: Metal Roof
  • Pool: No
  • Exterior: Shed, Storage

Additional Features Additional Features
  • County: Monroe
  • Property Type: Key Colony Bch Yacht (53.5)
  • Waterfront Features: Canal Front
  • Water/Sewer: FKAA, Sewer Available
  • Year Built: 1986