1401&1235 51st Street Gulf, MARATHON, FL 33050
Local realty services provided by:Better Homes and Gardens Real Estate Destinations



Listed by:samuel davis williams
Office:coldwell banker schmitt real estate co.
MLS#:613881
Source:FL_FKBOR
Price summary
- Price:$5,798,000
- Price per sq. ft.:$1,805.11
About this home
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
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Home facts
- Year built:1968
- Listing Id #:613881
- Added:177 day(s) ago
- Updated:August 22, 2025 at 03:20 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,212 sq. ft.
Structure and exterior
- Roof:Metal Roof
- Year built:1968
- Building area:3,212 sq. ft.
- Lot area:1.35 Acres
Utilities
- Water:Water Separate Meter
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$5,798,000
- Price per sq. ft.:$1,805.11
- Tax amount:$20,556 (2024)
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