For sale Multi-Family Home

Listed Jan 18, 2026

$990,000 Est. $6,548/mo

1306 1308 51st Street Gulf

  • 4

    Beds

  • 2

    Baths

  • 1,568

    Sq ft

The story

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.

Facts & features

Home type

Multi-Family Home

Year built

1969

Floors

2

Price per sq ft

$631

Parking

4-car garage

Included features

  • Cooling

    Central Air, Ceiling Fan(s)

  • Appliances

    Dishwasher, Microwave, Oven, Range, Refrigerator

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$6,548 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $5,269
  • Property tax $990
  • Insurance $289

Includes principal, interest, taxes & insurance.

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Listing Broker

Coldwell Banker Schmitt Real Estate Co.

Broker Name

Coldwell Banker Schmitt Real Estate Co.

Agent

Samuel Davis Williams