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For sale
$2,695,000
2beds
1,344sqft

57457 Morton St, Grassy Key, FL 33050

2beds
1,344sqft
Single family residence
Built in 1954
0.46 Acres
Attached garage
$2,005 price/sqft

What's special

Private beachLush tropical groundsGranite countertopsPanoramic water viewsBeautiful gulf viewsStainless steel appliancesLight-filled living spaces

A rare combination of land, privacy, boating, and open-water living awaits on approximately half an acre of Gulf-front paradise in Grassy Key. With panoramic water views, a private beach, waterfront dock with a 20,000-pound boat lift, heated concrete pool, and lush tropical grounds, this property captures the very best of Florida Keys living. Surrounded by mature landscaping, the two-bedroom, two-bath residence enjoys a peaceful, private setting with beautiful Gulf views. Light-filled living spaces embrace the waterfront surroundings, while the kitchen features granite countertops and stainless steel appliances. Both bedrooms offer private baths for owners and guests alike. Step outside and the Keys lifestyle comes alive. Walk to your private sandy beach, lower the boat from your 20,000-pound lift for a day on the water, relax beside the heated pool, or watch the sun disappear over the Gulf from your own shoreline. Expansive grounds and tropical landscaping provide a level of space and privacy that can be difficult to find in the Keys. The property also boasts an exceptional rental history, consistently renting approximately 50 weeks per year and generating roughly $175,000 in annual rental revenue--a testament to the tremendous appeal of this waterfront setting. Whether you're searching for a private Keys retreat or a proven vacation rental investment, this Grassy Key property offers an extraordinary combination of lifestyle and opportunity. Private beach. Open Gulf views. Boating. Pool. Half an acre of tropical privacy. This is the Florida Keys lifestyle people dream about.

6 days
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1,176
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88
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Likely to sell faster than

Source: FLKMLS,MLS#: 621246MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Nate Bartlett,

Berkshire Hathaway HomeServices Keys Real Estate

Source: FLKMLS,MLS#: 621246MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
Cooling
  • Central Air, Ceiling Fans(s)
Appliances
  • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
  • Laundry: Laundry Room
Features
  • Granite Counters, Storage
  • Flooring: Tile
  • Windows: Casement
  • Furnished: Yes
Interior area
  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Property

Parking
  • Parking features: Attached, Open
  • Has attached garage: Yes
  • Has uncovered spaces: Yes
Features
  • Patio & porch: Open Porch/Balcony, Roof Top Deck, Patio, Lanai
  • Exterior features: Fruit Tree(s), Lighting, Sandy Beach, Storage
  • Has private pool: Yes
  • Pool features: In Ground, Concrete
  • Fencing: Fenced
  • On waterfront: Yes
Lot
  • Size: 0.46 Acres
Details
  • Parcel number: 00099510000000
  • Zoning: RM - Residential Medium

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Frame
Condition
  • Year built: 1954

Utilities & green energy

  • Utilities for property: Water Separate Meter, Elect Separate Meter

Community & HOA

Community
  • Features: Community Boat Ramp, Beach, Bike Paths
  • Subdivision: Sea-Air Estates (52.0)
HOA
  • Has HOA: No
  • Services included: None
Location
  • Region: Grassy Key

Financial & listing details

  • Price per square foot: $2,005/sqft
  • Tax assessed value: $1,991,419
  • Annual tax amount: $17,632
  • Date on market: 9/9/2026
  • Listing terms: Cash,Conventional,FHA

Price history

DateEventPrice
9/9/2026Listed for sale$2,695,000-6.9%$2,005/sqft
Source: FLKMLS #621246 Report a problem
9/16/2025Listing removed$2,895,000$2,154/sqft
Source: FLKMLS #612399 Report a problem
11/24/2024Listed for sale$2,895,000+114.4%$2,154/sqft
Source: FLKMLS #612399 Report a problem
4/13/2021Sold$1,350,000-3.5%$1,004/sqft
Source: FLKMLS #594868 Report a problem
2/25/2021Listed for sale$1,399,000+299.7%$1,041/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #594868 Report a problem
5/29/1998Sold$350,000$260/sqft
Source: FLKMLS #409776 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$17,633 -2.5%$1,920,305 +10%
2024$18,081 +6.2%$1,745,732 +10%
2023$17,033 +20.5%$1,587,029 +14.2%
2022$14,129 +19.1%$1,390,280 +29.8%
2021$11,865 +12.8%$1,070,826 +10%
2020$10,515 $973,478 -0.9%
2019$10,515 +0.6%$982,244 +5.3%
2018$10,451 +11.1%$932,540 +17.8%
2017$9,408 +11.1%$791,531 -3.9%
2016$8,467 -6.2%$823,396 -4.6%
2015$9,024 $862,676

Find assessor info on the county website

Monthly payment

Est. payment
$15,920/mo
Principal & interest
$14078
Property taxes
$1842
More affordability toolsChevron Right

Estimated market value

$2,507,400

$2.38M - $2.63M

$4,439/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33050

Nearby schools

Stanley Switlik Elementary School
Grades PK-58.6 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
4/10
Marathon School
Grades 6-127.9 miles
5/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
5/10
Student Progress Rating
6/10