$6,798,000
 $36,493 est/mo Sourced by Back At You

1401&1235 51st Street Gulf,MARATHON, FL 33050

MARATHON, FL 33050

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Description

Two Waterfront Homes on Four Open Water Gulf-Front Lots - A Rare Opportunity 1401 51st St & 1235 51st Gulf St, Marathon, FL 33050, are being sold together as a unique waterfront compound offering breathtaking open water views, privacy, and endless possibilities. This package includes two stilted homes totaling four bedrooms, four bathrooms, and a guest suite and more, along with a newly built three-bay garage featuring two hydraulic car lifts and a 42-foot-long bay within a 1,211 sq. ft. concrete bunker constructed in 2015. Situated on over 55,000 square feet of uplands, the property provides ample space for a private estate, rental investment, or development opportunity. It is not on SFA, and building rights are available for purchase if expansion is desired. A deep-water dock is already in place, with approximately 575 feet of shoreline offering additional dockage potential. This gated and fully fenced compound is surrounded by lush, mature tropical landscaping, creating an unparalleled sense of seclusion. Motorized drive-through gates on both ends provide access to a beautifully maintained property featuring meandering pathways, a coral-cut shoreline, and a firepit at the water's edge. Two small uninhabited islands just offshore add to the unique charm of this exceptional retreat. Located in the heart of Marathon, this property combines privacy, convenience, and direct boating access. Whether you are looking for a private family compound, an income-producing investment, or a coastal sanctuary, this offering is truly one of a kind. See properties listed separately in mls#613880 and mls#613879

Details

MLS#613881
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1968
Days On Site63
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet3,212
ZoningRM - Residential Medium
Acreage1.35
Water FrontYes
Property ViewOpen Water View, Bay

Market Activity 33050

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Listings Checked: 4 minutes ago
StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area13 7 Mile Bridge to Sombrero Bch Rd E & W
Community NameWoodburns Sub (49.5)
Listing VS Median (in Woodburns Sub (49.5))
Price:
$6,798,000
low | high
Med:
$1,599,999
100% of Average
SqFt:
3,212
low | high
Med:
2,614
68.617683686177% of Average
$ / SqFt:
$2,116
low | high
Med:
$612
100% of Average
On site:
63
low | high
Med:
110.000000
57.272727272727% of Average
Sourced by Back At You
Listing Updated: April 5, 2025 at 2:59:36 PM PDT