About 901 46th Street
Two homes on open water for the price of one! Over 18,000 square foot lot, bay bottom, two building rights. 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, and carport, 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 views Licensed vacation rental with proven income history Two private pools + hot tub Private dock with easy Gulf access Flexible multi-family layout Peaceful end-of-road location Numerous upgrades and renovations Currently operating as a successful vacation rental, this property offers strong income potential or the perfect setup for a private coastal retreat.
Features of 901 46th Street
| MLS® # | 618849 |
|---|---|
| Price | $2,650,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,047 |
| Year Built | 1962 |
| Type | Residential |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 901 46th Street |
|---|---|
| Area | 13 - 7 Mile Bridge to Sombrero Bch Rd E & W |
| Subdivision | Tipton's Sub (49.5) |
| City | Marathon |
| County | Monroe |
| State | FL |
| Zip Code | 33050 |
Amenities
| Amenities | Community Boat Ramp, Beach, Other Area Features |
|---|---|
| Utilities | FKAA, Municipal Sewer, Buyer to Verify, Water Separate Meter, Elect Separate Meter, Cable Available |
| Parking | Carport, Open Parking, Guest Parking |
| View | Bay/Gulf View, Open Water View |
| Is Waterfront | Yes |
| Waterfront | Bay Front, Gulf Front, Open Water |
| Has Pool | Yes |
| Pool | In Ground, Decked |
Interior
| Interior Features | Fireplace(s), Granite Counter Top, Smoke Alarms |
|---|---|
| Appliances | Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s) |
| Heating | Central, Ductless |
| Cooling | Central Air, Wall/Window Unit(s), Ductless |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Fencing, Hot Tub |
|---|---|
| Lot Description | 1/2 - Less Than 1 AC |
| Windows | Sliding Glass Doors, Other Windows/Doors |
| Roof | Tile Roof, Shingle Roof |
| Construction | CBS |
Additional Information
| Date Listed | February 27th, 2026 |
|---|---|
| Days on Market | 161 |
| Zoning | RM - Residential Medium |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Bonnie Sanderson |
|---|---|
| Office | Florida Keys Real Estate Group |