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1306 &1308 51st Street Gulf
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PRICED AT ONLY: $1,050,000

Address: 1306 &1308 51st Street Gulf, MARATHON, FL 33050

Description

Discover this beautifully updated full duplex in the heart of Marathon, set on an oversized 10,000 sq ft lot among mature native trees that provide shade and privacy year round. Elevated on a stilted structure with a concrete roof, this solid CBS concrete construction property offers durability, peace of mind, and long term value.Each unit has been fully remodeled with white terrazzo floors, granite countertops, and stainless steel appliances, creating a clean, modern coastal feel. Recent upgrades include new HVAC systems and impact windows for added comfort, efficiency, and storm readiness.This duplex has a strong income history, previously grossing approximately $69,000 annually. One side is currently being left vacant for easy showings, making this an excellent opportunity for investors, employee housing, or living in one unit while renting the other.The elevated design, concrete roof, and oversized lot make this property both practical and appealing, offering valuable space for parking, storage, or business use. With four covered parking bays under the homes, there is excellent potential for additional storage or the option to create fully enclosed garages. This flexible setup makes the property especially attractive for employee housing, providing peace of mind for your staff along with usable square footage and room to support personal or business needs.Centrally located near shopping, dining, marinas, and beaches, this is a rare multifamily opportunity in the Florida Keys.

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More Like This
  • MLS#: 618176 ( Townhome )
  • Street Address: 1306 &1308 51st Street Gulf
  • Viewed: 1
  • Price: $1,050,000
  • Price sqft: $670
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1969
  • Bldg sqft: 1568
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 70

Description

Discover this beautifully updated full duplex in the heart of Marathon, set on an oversized 10,000 sq ft lot among mature native trees that provide shade and privacy year round. Elevated on a stilted structure with a concrete roof, this solid CBS concrete construction property offers durability, peace of mind, and long term value.Each unit has been fully remodeled with white terrazzo floors, granite countertops, and stainless steel appliances, creating a clean, modern coastal feel. Recent upgrades include new HVAC systems and impact windows for added comfort, efficiency, and storm readiness.This duplex has a strong income history, previously grossing approximately $69,000 annually. One side is currently being left vacant for easy showings, making this an excellent opportunity for investors, employee housing, or living in one unit while renting the other.The elevated design, concrete roof, and oversized lot make this property both practical and appealing, offering valuable space for parking, storage, or business use. With four covered parking bays under the homes, there is excellent potential for additional storage or the option to create fully enclosed garages. This flexible setup makes the property especially attractive for employee housing, providing peace of mind for your staff along with usable square footage and room to support personal or business needs.Centrally located near shopping, dining, marinas, and beaches, this is a rare multifamily opportunity in the Florida Keys.
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Features
Building and Construction
  • Absolute Longitude: 81.079185
  • Construction: CBS
  • Floor: Terrazzo
  • Porchbalcony: Open Porch/Balcony
  • Roof: Concrete Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage Car S: 4+
  • Vehicle Storage: Carport, RV Parking Open, Covered Parking, Trailer Storage, Guest Parking, Open Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Windowsdoors: Impact Rstnce Window
Amenities
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2025
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1399540
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE-9
  • Furnished: Unfurnished
  • Legal Description: BK B THE WEST 100FT OF LT 12 WOODBURNS SUB PB2-29 KEY VACA
  • Mile Marker: 49.50
  • Parcel Num: 00325460-000000
  • Shutters: Other
  • Side: Bay/Gulf
  • Species List: No
  • Style: Duplex
  • Zoning: RM - Residential Medium
Nearby Subdivisions
Bonefish Townhouses (54.5)   Boot Key View (49.0)   Bougainvillea Villas Condomini   Casa Blanca (50.5)   Coco Plum Beach (54.5)   Coral Colony (52.0)   Coral Lagoon Resort (53.0)   Grassy Key (58.9)   Gulfstream Shore (marathon) (5   Indigo Reef Marina Homes (52.5   J. L. Ribble Sub (52.0)   Little Venice (53.0)   Marameade Amd (49.5)   Ocean Isles Fishing (52.5)   Reimann's Sub (51.0)   Sheryl Sub (50.5)   Sombrero Anglers C N (49.5)   Sombrero Bch Village (49.5)   Sombrero Prop Plat (49.5)   Sombrero Properties (49.5)   Sombrero Sub (49.5)   Stirrup Key Condo (52.5)   Tipton's Sub (49.5)   Tranquility Bay (48.5)   Vaca Village (49.5)   Woodburns Sub (49.5)  
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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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