340-350 E Ocean Drive, Marathon, FL 33050
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
340-350 E Ocean Drive,Marathon, FL 33050
$1,550,000
- 5 Beds
- 3 Baths
- 2,918 sq. ft.
- Single family
- Active
Listed by: jennifer hamill
Office: coldwell banker schmitt real estate co.
MLS#:619018
Source:FL_FKBOR
Price summary
- Price:$1,550,000
- Price per sq. ft.:$531.19
About this home
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!...
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Home facts
- Year built:1986
- Listing ID #:619018
- Added:12 day(s) ago
- Updated:March 11, 2026 at 04:52 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Built-in Cabinets, Dishwasher, Microwave, Oven, Refrigerator
- Living area:2,918 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Roof:Metal Roof
- Year built:1986
- Building area:2,918 sq. ft.
- Lot area:0.13 Acres
- Architectural Style:Single Family
- Construction Materials:Frame
- Exterior Features:Deck, Open Porch/Balcony, Shed, Storage
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$531.19
- Tax amount:$9,836 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Built-in Cabinets, Cathedral Ceilings, Furnished, Storage, Window Treatments
Parking
- Parking description:Open Parking
- Garage spaces:4
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