For sale

Price cut: $500K (6/17)

$6,450,000

57121 Morton St, Grassy Key, FL 33050

4beds

5,168sqft

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Single Family Residence

Built in 1965

0.88 Acres Lot

$-- Zestimate^®

$1,248/sqft

$-- HOA

What's special

Boat basinPrivate beachHeated poolExpansive ground-level residenceExposed wood beam ceilings

Morton Manor is a timeless estate nestled along the Gulf's bay waters, evoking a sense of simpler times. This boat basin is truly unique, offering not just protection from wind and waves with it's jetties, but also accommodating 4 to 5 large vessels, from spacious center consoles to sportfish boats, thanks to its 8' depth. The home offers a resort-like experience reminiscent of the Caribbean, complete with amenities such as a sauna, a stunning bar and game room, a heated pool, and a private beach. This expansive, ground-level residence boasts 4 bedrooms, 4 bathrooms, a two-car garage, exposed wood beam ceilings, and a workshop. For those passionate about boating and seeking relaxation, Morton Manor is the ideal retreat.

480 days

1,412

59

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Appliances

Included: Washer, Wine Cooler, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Laundry: Laundry Room

Features

Wet Bar, Bar, Walk-In Closet(s), Storage, Split Bedroom, Utility Room, Sauna/Steam Room
Flooring: Tile, Laminate, Carpet
Windows: Accordion
Furnished: Yes

Interior area

Total interior livable area: 5,168 sqft

Property

Parking

Parking features: Garage, Off Street, Guest, Attached
Has attached garage: Yes

Features

Levels: Ground Level
Patio & porch: Screened P/B
Exterior features: Water Display, Outdoor Shower
Has private pool: Yes
Pool features: Heated, In Ground
Fencing: Privacy
Has view: Yes
View description: Bay/Gulf View
Has water view: Yes
Water view: Bay/Gulf View
Waterfront features: Bay Front, Waterfront, Dock: Concrete, Dockage: Basin

Lot

Size: 0.88 Acres
Features: 1/2 - Less Than 1 AC

Details

Additional structures: Workshop, Gazebo
Parcel number: 00099490000000
Zoning: RM-1
Zoning description: Residential Medium - 1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

CBS
Roof: Shingle

Condition

Year built: 1965

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA

Community & HOA

Community

Features: Beach
Subdivision: Crains Sub (58.0)

HOA

Has HOA: No
Services included: None

Location

Region: Grassy Key

Financial & listing details

Price per square foot: $1,248/sqft
Tax assessed value: $3,910,590
Annual tax amount: $30,780
Date on market: 3/7/2025

Estimated market value

Not available

Estimated sales range

Not available

$8,842/mo

Price history

Date	Event	Price
6/17/2026	Price change	$6,450,000-7.2%$1,248/sqft
Source: Key West AOR #614065 Report a problem
1/26/2026	Price change	$6,950,000-6.7%$1,345/sqft
Source: Key West AOR #614065 Report a problem
9/23/2025	Price change	$7,450,000-12.3%$1,442/sqft
Source: FLKMLS #614065 Report a problem
3/7/2025	Listed for sale	$8,499,000-15%$1,645/sqft
Source: FLKMLS #614065 Report a problem
3/4/2025	Listing removed	$9,999,000$1,935/sqft
Source: Key West AOR #611275 Report a problem
1/14/2025	Price change	$9,999,000-4.8%$1,935/sqft
Source: FLKMLS #611275 Report a problem
8/30/2024	Listed for sale	$10,500,000+400%$2,032/sqft
Source: FLKMLS #611275 Report a problem
10/20/2008	Sold	$2,100,000-29.9%$406/sqft
Source: FLKMLS #545234 Report a problem
5/17/2008	Listing removed	$2,995,000$580/sqft
Source: Coldwell Banker** #545234 Report a problem
4/30/2008	Price change	$2,995,000+3.3%$580/sqft
Source: Coldwell Banker** #545234 Report a problem
2/7/2008	Price change	$2,900,000-3.3%$561/sqft
Source: Coldwell Banker** #545234 Report a problem
1/31/2008	Price change	$2,999,000-14.3%$580/sqft
Source: Coldwell Banker** #545234 Report a problem
9/30/2007	Price change	$3,500,000-12.5%$677/sqft
Source: Coldwell Banker** #545234 Report a problem
6/4/2007	Listed for sale	$4,000,000$774/sqft
Source: Coldwell Banker** #545234 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$30,004 -2.5%	$3,233,978 +10%
2024	$30,780 +5.7%	$2,939,980 +10%
2023	$29,107 +18.1%	$2,672,709 +10%
2022	$24,639 +8.4%	$2,429,735 +10%
2021	$22,733 +13.2%	$2,208,850 +10%
2020	$20,082	$2,008,045 -0.5%
2019	$20,082 -0.6%	$2,018,653 +1.3%
2018	$20,207 +7.3%	$1,993,124 +13.8%
2017	$18,834 +10.8%	$1,751,576 +0.2%
2016	$16,999 -2.9%	$1,748,477 +6.3%
2015	$17,514	$1,645,304

Find assessor info on the county website

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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