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Under contract
  • Price increase: $100K (6/19)
    $1,100,000

    317 Tropical Ave, Grassy Key, FL 33050

    4beds
    1,740sqft
    : 
    $6,427/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    7,405 Square Feet Lot
    $1,070,400 Zestimate®
    $632/sqft
    $-- HOA

    What's special

    Tile or quartz backsplashCommunity waterfront sunset parkModern faucets and toiletsCorner lotSpray foam insulationLed recess lightingPendant lighting
    Currently in Marathon, Duck Key & Key Colony there is no other New Construction Home available below $1.1M besides this Brand New Under Construction 4 Bed, 3 Bath, 1786 sqft living Concrete Above Flood Home, built by the local well-respected Design Center. It also happens to be located on a Corner Lot that backups to non-buildable protected land offering more privacy in the Grassy Key neighborhood, which has quickly become a highly desired area for many locals. It's a great family neighborhood with a community waterfront Sunset park and only a mile from a boat ramp. This home features poured solid concrete 16x16 columns plus an Energy Efficient Seamless Metal Roof, Hurricane Impact Windows & Doors, Spray Foam Insulation along with a High Efficiency 4 Ton A/C System, & even an Electrical Sub Panel Box prewired for a generator hook up. Pre-Cast Concrete Floors allowing for no center columns, which maximizes usable space in the 2 car garage. Step inside & find Maintenance Free Wide Plank Luxury Vinyl Flooring thru out the home, 8FT High Interior Doors, 9'6'' Ceilings, 5 ¼'' Baseboards, LED Recess Lighting, Modern Fans in each Bedroom & the Living Room, an Open Kitchen with Shaker Soft Close Wood Cabinets with Crown Molding & Hardware including 42'' Uppers, Quartz Countertops including a Large 1 level island, a Tile or Quartz Backsplash, Pendant Lighting, a Full Stainless Steel Appliance Package & Modern Single Sink & Faucet. All 3 bathrooms feature Designer Tiled Floors, Custom Tiled Showers including LED underlighting and lit shower nooks with the Primary & 1 Guest Bath having Frameless Glass Enclosures & the 2nd Guest having a Tub/Shower Combo. They all have Wood Vanities with Quartz Counters, Modern Vanity Lighting & Mirrors, Modern Faucets & Toilets. Home comes with a 1-year Builders Warranty and can be offered Furnished by a local interior designer for an additional cost making it Vacation Rental Ready. ETA for completion is Dec 2026.
    76 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kenny L. Matlock 305-849-5582,

    No Nonsense Real Estate Branch Office,

    Chris Cioffi 239-410-5099,

    No Nonsense Real Estate Branch Office

    Source: FLKMLS,MLS#: 620206MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 1,740
      • Total interior livable area: 1,740 sqft

      Property

      Parking
      • Parking features: Attached
      • Has attached garage: Yes
      Features
      • Patio & porch: Open Porch/Balcony
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 60 X 125
      Details
      • Parcel number: 00373010000000
      • Zoning: RM-1 - Residential Medium - 1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete, Stucco
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $632/sqft
      • Tax assessed value: $45,000
      • Annual tax amount: $500
      • Date on market: 6/8/2026
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $1,070,400

        $1.02M - $1.12M

        $5,096/mo

        Price history

        DateEventPrice
        6/19/2026Contingent$1,100,000$632/sqft
        Source: FLKMLS #620206 Report a problem
        6/19/2026Price change$1,100,000+10%$632/sqft
        Source: Key West AOR #620206 Report a problem
        6/8/2026Listed for sale$999,997+400%$575/sqft
        Source: FLKMLS #620206 Report a problem
        11/18/2025Sold$200,000-27.3%$115/sqft
        Source: FLKMLS #614909 Report a problem
        11/14/2025Pending sale$275,000$158/sqft
        Source: FLKMLS #614909 Report a problem
        11/3/2025Contingent$275,000$158/sqft
        Source: FLKMLS #614909 Report a problem
        8/8/2025Price change$275,000-15.4%$158/sqft
        Source: Key West AOR #614909 Report a problem
        5/6/2025Listed for sale$325,000+333.3%$187/sqft
        Source: Key West AOR #614909 Report a problem
        3/2/2022Sold$75,000+66.7%$43/sqft
        Source: Public Record Report a problem
        2/5/2004Sold$45,000+150%$26/sqft
        Source: Public Record Report a problem
        3/14/2003Sold$18,000$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$500 -4.3%$45,000
        2024$523 -26.2%$45,000 -29.4%
        2023$708 +52%$63,750 +383%
        2022$466 +95.2%$13,200 +10%
        2021$239 -9.1%$12,000 -17%
        2020$263 $14,466 -3.6%
        2019$263 +3.2%$15,000 -6.3%
        2018$254 +3.5%$16,000
        2017$246 +2.6%$16,000 -59.4%
        2016$240 -24.9%$39,375 +75%
        2015$319 $22,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        7 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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