1401&1235 51St Street Gulf
Marathon, FL 33050
- 4 beds
- 4 baths
- 3,212 sqft
- ~1 acre lot
- $2,230 per sqft
- 1968 build
- – on site
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
Last checked:
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Last updated Feb 27, 2025
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MLS# 613881 —
The Building
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Year Built:1968
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Construction:Concrete
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Style:Single Family
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Windows/Doors:Sliding Glass Doors
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Roof:Metal Roof
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Shutters:Accordion
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Porch/Balcony:Screened P/B
Interior
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Furnished:Unfurnished, Negotiable
Location
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Directions:turn at 51st Street Gulf. Homes are located toward the end of the street with sign in front of home.
The Property
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Parcel #:00325300-000000
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Lot SqFt:55443.00
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Acres:1.35
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Land Size:1 Less Than 2 Acres
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Waterfront:Bay Front, Open Water, Gulf Front
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Zoning:RM - Residential Medium
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Waterfront:Yes
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Waterview:Bay/Gulf View, Open Water View
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Flood Zone:VE-11, VE-12
Listing Agent
- Contact info:
- Agent phone:
- (305) 289-6559
- Office phone:
- (305) 743-5181
Taxes
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Tax Year:2024
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Taxes:20555.90
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Tax Exemptions:Homestead, None
Beds
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Total Bedrooms:4
Baths
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Total Baths:4.00
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Full Baths:4
The Listing
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UnBranded Virtual Tour:https://idx.paradym.com/idx/14011235-51St-Street-Gulf-MARATHON-FL-33050/4909336
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Bank Owned:No
Heating & Cooling
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
The Community
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Subdivision:Woodburns Sub (49.5)
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Dockage:Other Dockage
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Dockage: Dock:Wood
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Dockage: Dock Length:92
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Parking
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Vehicle Storage:Carport, Off Street Parking
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Vehicle Storage: Car(s):4+
Monthly cost estimate

Asking price
$7,164,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$38,361
|
Taxes | $1,712 |
Insurance | $1,970 |
Utilities | $234 See report |
Total | $42,277/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/25/25
Feb 25, 2025
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Listed / Active | FLKMLS | $7,164,000 |