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1306 &1308 51St Street Gulf, Marathon, FL 33050

$990,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,568 Lot Size (sq. ft.): 10,000 Status: Active
Current Price: $990,000 List Date: 1/18/2026 Last Modified: 7/15/2026

Description

Solid CBS full duplex in the heart of Marathon, set on an oversized 10,000 sq. ft. lot with mature native trees for added shade and privacy. Built for strength and long-term value, this elevated stilted property features concrete construction, a concrete roof, impact windows, newer HVAC systems, and four covered parking bays below. Each unit has been fully remodeled with gray faux wood flooring, granite countertops, stainless steel appliances, and clean modern finishes. The property has a strong income history, previously grossing approximately $69,000 annually, with one side currently left vacant for easy showings. Ideal for investors, employee housing, or living in one unit while renting the other, this duplex offers flexibility, usable outdoor space, covered parking, storage potential, and a central Marathon location close to shopping, dining, marinas, beaches, and daily conveniences.

More Information MLS# 618176

Contract Information

Current Price: $990,000 Listing Date: 2026-01-18 Listing Board: Marathon/Lower Keys List Price: $990,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 1306 &1308 Street Name: 51St Street Gulf Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Woodburns Sub (49.5) Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Multi-family Style: Duplex Waterfront: No Pool: No Year Built: 1969 Total Units: 2 Lot SqFt: 10000 Lot Sqft Source: Property Data Card Acres: 0.23 Living Apx SqFt: 1568 SqFt Source: Property Data Card Total Bedrooms: 4 Full Baths: 2 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Yes Stilt Column Height: Medium - 5Ft - 9Ft Stories: 2 Stories

Vehicle Storage

Car(s): 4+

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking; Guest Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator Construction: CBS Shutters: Other Floor: Terrazzo Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp Land Size: Less Than 1/4 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: July - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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