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New construction
    • $35,000,000

    57223 Morton St, Grassy Key, FL 33050

    9beds
    9,530sqft
    : 
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    Single Family Residence
    Built in 2022
    1.88 Acres Lot
    $-- Zestimate®
    $3,673/sqft
    $-- HOA

    What's special

    Waterfall grottoTropical gardensHome theaterGame roomImpressive private primary wingFitness centerPutting green
    Zephyr Cove; the extravagant aquatically inspired retreat that you deserve. Located on the breathtaking waterfront nestled along the Gulf and designed and built by D'Asign Source. This stunning estate invites you to experience the perfect balance of luxury, tranquility, and adventure. With both fresh and saltwater elements woven into its design, every detail has been thoughtfully crafted. At the heart of the property lies a lazy river loop infinity pool, complete with bridges, swim-up pool bar in gazebo, spa with table, lap pool, beach-style entries, and waterfall grotto plus gas fire pit, putting green, and tropical gardens. From floating under the sun, entertaining guests, or enjoying a peaceful evening by the water, this home was manifested for unforgettable moments.Grand main residence vaunts an impressive private primary wing and elegant open spaces designed for comfort and entertainment. Indoor amenities include a temperature-controlled wine room, game room, home theater, fitness center, and conference room; endless ways to unwind and enjoy life. Two additional charming two-bedroom villas and a separate two-bedroom guest house are perched next door, perfect for hosting family and friends with style and privacy.Designed for the ultimate coastal lifestyle with outdoor kitchen and dining areas set against breathtaking Gulf views, ideal for entertaining or simply soaking in the beauty of your surroundings. Ample dockage and multiple boat lifts for your toys, located right between Vaca cut and Tom's Harbor Cut for easy Ocean access. Expansive garages and storage spaces provide ample room for vehicles, boats, and all essentials. Whole-home 130kw generator in its own private structure, ensuring peace of mind no matter the season. This is where everyday life feels like you're being pampered at a lavish resort. Step into a world where the beauty of nature meets unparalleled craftsmanship and let the magic of the Gulf welcome you home. 15 min to private airport.
    496 days
    |
    4,674
    |
    233
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sabrina Wampler & Sarah Ewald 305-393-0585,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 613902MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 10
      • Full bathrooms: 9
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Wet Bar, Elevator, Bar, Walk-In Closet(s), Storage, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceiling(s), Gym, Utility Room, Sauna/Steam Room, Theater Room, Media Room, Sound System
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      • Furnished: Yes
      Interior area
      • Total interior livable area: 9,530 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Trailer Storage, Covered, RV Parking Open, Guest, Open, Garage Door Opener, Attached
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Bar, Storage, Sprinkler System, Outdoor Kitchen, Lighting, Built-in Barbecue, Boat Slip
      • Has private pool: Yes
      • Pool features: In Ground, Lap, Above Ground
      • Has spa: Yes
      • Spa features: Private
      • Fencing: Privacy,Fenced
      • Has view: Yes
      • View description: Bay/Gulf View, Water
      • Has water view: Yes
      • Water view: Bay/Gulf View,Water
      • Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Dockage: Boat Lift, Basin, Boat Slip, Boat Ramp
      Lot
      • Size: 1.88 Acres
      • Features: 1 Less Than 2 Acres
      Details
      • Additional structures: Workshop, Guest House
      • Parcel number: 00099460000000
      • Zoning: RM
      • Zoning description: Residential Medium

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2022

      Utilities & green energy

      • Electric: Generator
      • Sewer: Public Sewer
      • Utilities for property: FKAA, Sewer Available
      Green energy
      • Energy efficient items: Lighting

      Community & HOA

      Community
      • Features: Beach
      • Security: Security System, Electric Gate
      • Subdivision: Crains Sub (58.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Grassy Key

      Financial & listing details

      • Price per square foot: $3,673/sqft
      • Tax assessed value: $10,467,645
      • Annual tax amount: $47,748
      • Date on market: 2/26/2025
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/9/2025Listed for sale$35,000,000+1455.6%$3,673/sqft
        Source: FLKMLS #613902 Report a problem
        8/10/2018Sold$2,250,000-16.5%$236/sqft
        Source: FLKMLS #569307 Report a problem
        8/3/2018Pending sale$2,695,000$283/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #569307 Report a problem
        2/6/2016Listed for sale$2,695,000$283/sqft
        Source: Visual Tour #569307 Report a problem
        12/20/2015Listing removed$2,695,000$283/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #569307 Report a problem
        6/10/2014Listed for sale$2,695,000$283/sqft
        Source: Coldwell Banker Schmitt #119916 Report a problem
        5/1/2014Listing removed$2,695,000$283/sqft
        Source: RE/MAX Marathon Vacation Real Estate #562436 Report a problem
        11/2/2013Price change$2,695,000-10%$283/sqft
        Source: RE/MAX MARATHON VACATION #562436 Report a problem
        3/23/2013Price change$2,995,000-29.5%$314/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #546606 Report a problem
        10/9/2008Price change$4,250,000-12.4%$446/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #546606 Report a problem
        10/5/2008Listed for sale$4,850,000$509/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #546606 Report a problem
        5/16/2008Listing removed$4,850,000$509/sqft
        Source: Number1Expert #530661 Report a problem
        4/26/2008Listed for sale$4,850,000+470.6%$509/sqft
        Source: Number1Expert #530661 Report a problem
        7/20/1999Sold$850,000$89/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$46,571 -2.5%$5,199,114 +2.9%
        2024$47,748 +2.7%$5,052,589 +6.6%
        2023$46,477 +73.2%$4,739,408 +79.9%
        2022$26,839 +5.4%$2,633,887 +10.4%
        2021$25,474 +28.3%$2,386,436 +29.2%
        2020$19,852 $1,847,799 +1.1%
        2019$19,852 +3.1%$1,826,936 -1.5%
        2018$19,258 +5.3%$1,855,394 +20.4%
        2017$18,290 +12%$1,540,901 -3.6%
        2016$16,325 -6%$1,597,968 -5.1%
        2015$17,359 $1,683,217

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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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        Climate risks

        Neighborhood: 33050

        Getting around

        1 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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