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For sale
  • Price cut: $10K (10/2)
    $1,289,000

    235 Tropical Ave, Grassy Key, FL 33050

    4beds
    3,647sqft
    : 
    $8,133/mo
    Get pre-qualified
    Single Family Residence
    Built in 2015
    0.34 Acres Lot
    $1,243,100 Zestimate®
    $353/sqft
    $-- HOA

    What's special

    Partially fenced backyardExpansive open layoutImpact windows and doorsMultiple living spacesGenerous indoor-outdoor areas
    Tucked into the natural landscape of Grassy Key, 235 Tropical Avenue offers a unique combination of space, privacy and the unhurried character that defines life in the Middle Keys. Set on a 15,000-square-foot lot in Crains Subdivision, this concrete stilted residence offers more than 3,600 square feet of living space, impact windows and doors, and generous indoor-outdoor areas designed around the Florida Keys lifestyle. An expansive open layout creates room to gather, entertain and settle in comfortably, with multiple living spaces and an easy connection to the outdoors. Lush native vegetation surrounds the property, creating a remarkable sense of privacy and seclusion. The partially fenced backyard centers around an inviting in-ground pool with waterfall, tanning shelf and water features, setting the stage for long afternoons outside and evenings under the palms. Ample parking provides room for multiple vehicles and boat trailers, an especially valuable feature for enjoying life on the water. Above it all, a rooftop observation deck captures ocean views and a beautiful perspective across Grassy Key. Watch the light change over the horizon and native birds gather around the natural salt ponds behind the property. Crains Subdivision also offers a community sunset park, while a public boat ramp is just minutes away for convenient access to the surrounding waters. Centrally positioned between Marathon, Duck Key and Islamorada, the home is convenient to Curry Hammock State Park, Dolphin Research Center, waterfront dining, marinas, fishing, diving, paddling and the Florida Keys Overseas Heritage Trail. Whether envisioned as a full-time residence or a private Florida Keys retreat, 235 Tropical Avenue feels connected to its surroundings, offering a spacious and secluded setting from which to experience the water, wildlife and easy rhythm of Grassy Key.
    40 days
    606
    37

    Zillow last checked:

    Listing updated:

    Listed by:

    Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 621156MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
      Features
      • Built-in Features, Walk-in Closet(s), Quartz Countertops
      • Flooring: Vinyl
      Interior area
      • Total structure area: 3,647
      • Total interior livable area: 3,647 sqft

      Property

      Parking
      • Parking features: Open, RV Access/Parking, Storage
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Rain Gutters
      • Has private pool: Yes
      • Pool features: In Ground, Concrete, Decked
      • Fencing: Fenced
      Lot
      • Size: 0.34 Acres
      • Dimensions: 120 X 125
      Details
      • Parcel number: 00372830000000
      • Zoning: RM-1 - Residential Medium - 1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2015

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Other
      • Security: No Security
      • Subdivision: Crains Sub (58.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Grassy Key

      Financial & listing details

      • Price per square foot: $353/sqft
      • Tax assessed value: $1,071,364
      • Annual tax amount: $8,951
      • Date on market: 8/31/2026
      • Listing terms: Seller Finance Psble,No Seller Finance,Cash,Conventional

        Estimated market value

        $1,243,100

        $1.18M - $1.31M

        $8,495/mo

        Price history

        DateEventPrice
        10/2/2026Price change$1,289,000-0.8%$353/sqft
        Source: FLKMLS #621156 Report a problem
        9/25/2026Price change$1,299,000-3.7%$356/sqft
        Source: FLKMLS #621156 Report a problem
        9/11/2026Price change$1,349,000-3.6%$370/sqft
        Source: FLKMLS #621156 Report a problem
        8/31/2026Listed for sale$1,399,000+27880%$384/sqft
        Source: FLKMLS #621156 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/13/2018Listing removed$3,500$1/sqft
        Source: Owner Report a problem
        10/30/2018Price change$3,500-2.8%$1/sqft
        Source: Owner Report a problem
        10/10/2018Price change$3,600-10%$1/sqft
        Source: Owner Report a problem
        9/9/2018Listed for rent$4,000+11.1%$1/sqft
        Source: Owner Report a problem
        5/31/2018Listing removed$3,600$1/sqft
        Source: Florida Keys Real Estate LLC dba: Florida Keys Island Realty #580060 Report a problem
        5/30/2018Sold--0
        Source: MLKAR #580060 Report a problem
        5/6/2018Listed for rent$3,600$1/sqft
        Source: Florida Keys Real Estate LLC dba: Florida Keys Island Realty #580060 Report a problem
        2/25/2018Listing removed$3,600$1/sqft
        Source: Florida Keys Real Estate LLC dba: Florida Keys Island Realty #578732 Report a problem
        2/24/2018Sold--0
        Source: MLKAR #578732 Report a problem
        2/14/2018Listed for rent$3,600+20%$1/sqft
        Source: Florida Keys Real Estate LLC dba: Florida Keys Island Realty #578732 Report a problem
        7/24/2015Listing removed$3,000$1/sqft
        Source: Realty Executives Florida Keys #567924 Report a problem
        7/23/2015Listed for rent$3,000$1/sqft
        Source: Realty Executives Florida Keys #567924 Report a problem
        7/22/2015Sold--0
        Source: MLKAR #567924 Report a problem
        3/6/2014Sold$5,000-87.5%$1/sqft
        Source: Public Record Report a problem
        8/13/2012Sold$40,000$11/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,952 -2.2%$1,019,156 +2.9%
        2024$9,152 +1%$990,434 +3%
        2023$9,061 +2.7%$961,587 +4.4%
        2022$8,820 +12.6%$921,080 +26.1%
        2021$7,834 +8.4%$730,496 +10%
        2020$7,227 $664,087 -8.2%
        2019$7,227 +6.1%$723,795 +1.4%
        2018$6,810 +9.4%$713,952 +10.9%
        2017$6,224 +9.4%$644,053 +21.6%
        2016$5,691 +9.8%$529,519 +946%
        2015$5,183 $50,625
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33050

        Getting around

        5 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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