Active

1401&1235 51St Street Gulf

Marathon FL, 33050

$7,164,000


$2,230.39 per sqft

Active

4 Beds

4 Baths

3,212 sqft

Residential

Built in 1968

Two Waterfront Homes on Four Open Water Gulf-Front Lots - A Rare Opportunity1401 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

613881

MLS ID

February 25, 2025

Listed

February 27, 2025

Updated

Interior Features

Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Accordion, Sliding Glass Doors


Appliances

Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fans(s)


Heating

No

Exterior/Building Features

Lot Size

1.27 Acres


Roof

Metal Roof


Patio And Porch

Screened P/B

School Information

School District

No

Other Property Details

Area Name

13 - 7 Mile Bridge to Sombrero Bch Rd E & W


Taxes

$20,556


Tax Frequency

Annually


Days on Market

2


Association Amenities

None


Garage

No


Parking

Carport, Off Street Parking


Parking Total

4


View

Yes


View Description

Bay/Gulf View, Open Water View


County

Monroe


Waterfront

Yes


Waterfront Features

Bay Front, Open Water, Gulf Front


Utilities

FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer


Zoning

RM - Residential Medium

Listed by Samuel Davis Williams with Coldwell Banker Schmitt Real Estate Co.
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 2/27/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 2/27/2025 at 5:09 PM UTC

 

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