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For sale
  • Price cut: $600K (6/11)
    $5,798,000

    1401&1235 51st St, Marathon, FL 33050

    4beds
    3,212sqft
    : 
    Single Family Residence
    Built in 1968
    1.35 Acres Lot
    $-- Zestimate®
    $1,805/sqft
    $-- HOA

    What's special

    Deep-water dockCoral-cut shorelineLush mature tropical landscapingBreathtaking open water viewsStilted homesMeandering pathways
    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
    170 days
    on Zillow
    |
    474
    |
    30
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2025 at 03:50am

    Listed by:

    Samuel Davis Williams 305-289-6559,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 613881MLS LogoOriginating MLS: Marathon/Lower Keys
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1401&1235 51st St.

    Next available tour time:Today at 11am

    Open house

    • Sat, Aug 16

      11:00 AM - 1:00 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
    Features
    • Doors: Sliding Glass Doors
    • Windows: Accordion
    Interior area
    • Total interior livable area: 3,212 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Off Street
    • Has carport: Yes
    Features
    • Patio & porch: Screened P/B
    • Has view: Yes
    • View description: Bay/Gulf View, Water
    • Has water view: Yes
    • Water view: Bay/Gulf View,Water
    • Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Dock: Wood, Dock Length: 92, Dockage: Other Dockage
    Lot
    • Size: 1.35 Acres
    • Features: 1 Less Than 2 Acres
    Details
    • Additional parcels included: 00325320000000
    • Parcel number: 00325300000000
    • Zoning: RM
    • Zoning description: Residential Medium
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Roof: Metal
    Condition
    • Year built: 1968

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA

    Community & HOA

    Community
    • Subdivision: Woodburns Sub (49.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,805/sqft
    • Annual tax amount: $20,555
    • Date on market: 2/25/2025
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