57457 Morton St, Grassy Key, FL 33050
What's special
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 |
- 1,176 |
- 88 |
Likely to sell faster than
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Nate Bartlett,
Berkshire Hathaway HomeServices Keys Real Estate
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
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $2,695,000-6.9%$2,005/sqft |
Source: | ||
| 9/16/2025 | Listing removed | $2,895,000$2,154/sqft |
Source: | ||
| 11/24/2024 | Listed for sale | $2,895,000+114.4%$2,154/sqft |
Source: | ||
| 4/13/2021 | Sold | $1,350,000-3.5%$1,004/sqft |
Source: | ||
| 2/25/2021 | Listed for sale | $1,399,000+299.7%$1,041/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #594868 Report a problem | ||
| 5/29/1998 | Sold | $350,000$260/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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®️.