1401 51st St
Marathon, FL 33050
- 3 Beds
- 3 Baths
- 2,428 sqft (on 1.05 acres)
$3,301,000
Last Sold: Jun 18, 2026
8% below list $3.6M
$1,360/sqft
Est. Refi. Payment $18,901/mo*
$3,301,000
Last Sold: Jun 18, 2026
8% below list $3.6M
$1,360/sqft
Est. Refi. Payment $18,901/mo*
3 Beds
3 Baths
2,428 sqft
(on 1.05 acres)
Local Information
-- mins to
Description
Private Waterfront Estate in the Florida KeysThis gated, one-acre estate offers the ultimate blend of privacy, nature, and waterfront living in the heart of the Florida Keys. Nestled among lush, mature tropical landscaping, the property feels like a secluded island retreat. As you pass through the gates, you are welcomed by a beautifully manicured paradise with a coral-cut shoreline, a firepit at the water's edge, and panoramic sunset views over the open water. Just offshore, two small uninhabited islands provide a unique opportunity for exploration.The 3-bedroom, 3-bathroom home is designed for comfort and indoor-outdoor living, with an open concept living room, kitchen, and dining area that seamlessly flows into multiple outdoor living spaces. The upper level includes two spacious bedrooms and two bathrooms, while the conforming lower level offers an additional bedroom, bath, sitting area, and a separate entrance--perfect for guests or an in-law suite. A tool/storage room on the ground floor adds to the convenience of this beautiful estate. The wraparound balcony that surrounds the entire home includes several screened-in areas, enhancing the flow of indoor-outdoor living.Updated with a new metal roof in 2024, the home features stainless steel appliances and breathtaking water views. The property boasts approximately 520 feet of shoreline and a custom dock, including an 84-foot by 4-foot dock with a 21-foot by 8-foot extension and a double floating dock for two jet skis--perfect for boating enthusiasts. Covered parking for four cars is available under the elevated home, with additional parking along the entrance way leading to a circular driveway.Set on three originally platted lots (12, 13, and 14), the property offers the flexibility to separate, redevelop, or keep as a private compound. Located just a short walk from fine dining, shopping, and more, this rare waterfront offering combines serenity, convenience, and endless possibilities.
1401 51st St, Marathon, FL 33050 is a 3 bedroom, 3 bathroom, 2,428 sqft single-family home built in 1974. It last sold for $3,301,000 on Jun 18, 2026 (8% below the $3,600,000 asking price). It is currently off market. The Trulia Estimate is $3,301,900, with a rent estimate of $5,256/month.
Home Highlights
Parking
Carport
Outdoor
Yes
View
Bay/Gulf View, Water
HOA
None
Price/Sqft
$1,360/sqft
Listed
180+ days ago
Home Details for 1401 51st St
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2428 Square Feet |
Appliances & Utilities Utilities: FKAAAppliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, RefrigeratorDishwasherMicrowaveRefrigerator |
Heating & Cooling Has CoolingAir Conditioning: Central Air,Ceiling Fans(s) |
Gas & Electric Electric: Elect Separate Meter |
Windows, Doors, Floors & Walls Window: AccordionDoor: Sliding Glass DoorsFlooring: Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Tile |
View Has a ViewView: Bay/Gulf View, Water |
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Exterior Home Features Roof: MetalPatio / Porch: Screened P/BNo Private Pool |
Parking & Garage Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 4Parking: Carport,Off Street |
Frontage WaterfrontWaterfront: Bay Front, Open Water, Gulf Front, Waterfront, Dock: Wood, Dock Length: 90, Dockage: Other DockageOn Waterfront |
Water & Sewer Sewer: Municipal Sewer, Public Sewer |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: CBS |
Property Information Parcel Number: 00325320000000 |
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Price List Price: $3,600,000Price Per Sqft: $1,360/sqft |
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MLS Status: Closed |
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Direction & Address City: MarathonCommunity: Woodburns Sub (49.5) |
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Community Features: Beach, Bike Paths, Airport/Runway |
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HOA Fee Includes: NoneAssociation for this Listing: Marathon/Lower KeysNo HOA |
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Lot Area: 1.05 Acres |
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Special Conditions: Standard |
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Mls Number: 613880Water ViewWater View: Bay/Gulf View, Water |
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BeachBike PathsAirport/Runway |
Last check for updates: about 3 hours ago
Listed by Joshua James Mothner, (305) 942-9519
Coldwell Banker Schmitt Real Estate Co.
Teri Hiller, (305) 481-0361
Coldwell Banker Schmitt Real Estate Co.
Bought with: outside of mls, Outside Of MLS
Originating MLS: Marathon/Lower Keys
Source: FLKMLS, MLS#613880

Price History for 1401 51st St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/18/2026 | $3,301,000 | Sold | FLKMLS #613880 |
| 04/30/2026 | $3,600,000 | Pending | FLKMLS #613880 |
| 03/04/2026 | $3,600,000 | Contingent | Key West AOR #613880 |
| 03/04/2026 | $3,600,000 | PriceChange | FLKMLS #613880 |
| 02/04/2026 | $3,785,000 | PriceChange | FLKMLS #613880 |
| 08/28/2025 | $4,199,000 | PriceChange | Key West AOR #613880 |
| 06/11/2025 | $4,499,000 | PriceChange | Key West AOR #613880 |
| 05/08/2025 | $4,999,000 | PriceChange | Key West AOR #613880 |
| 04/05/2025 | $5,299,000 | PriceChange | FLKMLS #613880 |
| 02/25/2025 | $5,565,000 | Listed For Sale | FLKMLS #613880 |
| 03/31/2014 | $1,200,000 | Sold | MLKAR #559994 |
| 08/03/1995 | $495,000 | Sold | N/A |
Market trends in Marathon
Last updated June 2026
Avg. sale price
$723K
$19.17KMoM
Sale-to-List Price
94.6%
Price per sq ft
$628
$22MoM
Available listings
251
17MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $12,836 |
| Assessment | $3,310,747 |
Home facts updated by county records
Comparable Sales for 1401 51st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $3,000,000 | 09/30/25 | 4 | 3 | 2,469 | |
0.13 | Single-Family Home | $2,600,000 | 06/05/26 | 4 | 4.5 | 2,665 | |
0.26 | Single-Family Home | $1,600,000 | 08/18/25 | 4 | 2.5 | 2,316 | |
0.06 | Single-Family Home | $799,500 | 01/20/26 | 3 | 2 | 1,440 | |
0.13 | Single-Family Home | $799,000 | 12/08/25 | 3 | 2 | 1,710 | |
0.13 | Single-Family Home | $699,000 | 12/12/25 | 3 | 2 | 1,586 | |
0.34 | Single-Family Home | $1,300,000 | 12/12/25 | 3 | 3 | 1,481 | |
0.35 | Single-Family Home | $1,300,000 | 12/12/25 | 3 | 3 | 1,481 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1401 51st St.
What Locals Say about Marathon
At least 61 Trulia users voted on each feature.
83 % Say car is needed
79 % Say people would walk alone at night
76 % Say parking is easy
72 % Say it's quiet
70 % Say it's dog friendly
70 % Say yards are well-kept
68 % Say there's holiday spirit
61 % Say it's walkable to restaurants
53 % Say there's wildlife
53 % Say they plan to stay for at least 5 years
51 % Say there are community events
48 % Say kids play outside
44 % Say neighbors are friendly
37 % Say it's walkable to grocery stores
36 % Say there are sidewalks
29 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

