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$1,050,000
Property 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 grey faux wood 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.
Full Property Details
Full Property Details for 1306 &1308 51st Street Gulf
General
- Price: $1,050,000
- Taxes: $6,926 (2025)
- Status: Active
- Type: Duplex
- Source: 927
- MLS ID: 618176
- Updated: 5/13/2026
- Added to Site: 115 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
- Flooring: Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Community Boat Ramp, Bike Paths, Beach, Airport/Runway
Exterior
- Deck/Patio: Open Porch/Balcony
- Porch/Patio/Deck: Open Porch/Balcony
Parking
- Parking Features: Open, Guest, Covered, Carport
Location
- Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
- County: Monroe
- Subdivision: Woodburns Sub (49.5)
- Driving Directions: US1 head South turn on 51st Street Gulf on your right hand side.
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: CBS
- Roof: Concrete
- Windows/Doors: Impact Rstnce Window, Shutters
- Square Feet: 1,568
- Sq. Ft. Source: Property Data Card
- Year Built: 1969
- Property Condition: Updated/Remodeled
Lot Features
- Property View: No Waterview
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Property Data Card
- Zoning: RM - Residential Medium
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $6,926.92
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BK B THE WEST 100FT OF LT 12 WOODBURNS SUB PB2-29 KEY VACA
- Flood Zone: AE-9
- APN: 00325460-000000
Listed by Coldwell Banker Schmitt Real Estate Co., Samuel Davis Williams (305) 289-6559
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Schools
Schools serving 1306 &1308 51st Street Gulf
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 1.1 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1306 &1308 51st Street Gulf
Date
Details
Price
Change
Source
1/18/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1306 &1308 51st Street Gulf
1306 &1308 51st Street Gulf, Marathon, FL 33050 (MLS# 618176) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1306 &1308 51st Street Gulf is currently listed for $1,050,000 and was received on January 18, 2026. Want to learn more about 1306 &1308 51st Street Gulf? Do you have questions about finding other Duplex real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.
