Sold for $599,000

$599,000

57487 Bailey St, Grassy Key, FL 33050

2beds

926sqft

Single Family Residence

Built in 1938

6,098.4 Square Feet Lot

$612,500 Zestimate^®

$647/sqft

$3,740 Estimated rent

Home value

$612,500

$582,000 - $649,000

$3,740/mo

Zestimate^® history

Owner options

List your home for rent

$3,740/mo

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$3,740/mo

Rent Zestimate^®

Refinance and save

$3,548/mo

Est. payment

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$3,548/mo

Est. payment

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What's special

Impact glass windowsFantastic outdoor kitchenFresh paintHot tub

Live on Grassy Key in the Florida Keys and be a minute to the Gulf of Mexico for kayaking, canoeing, boating and fishing. This desirable home is privately situated amongst other attractive houses with no HOA and walking distance to Sunset Bay Park. Metal roof (2009), impact glass windows, tankless water heater, Hardi-board exterior with fresh paint. (Tax rolls show an effective of 2003). The inside is charming with a spacious living boasting wood ceilings and opens up to the dining area and kitchen. Bathrooms and kitchen have had some updating and show well. Plenty of room for the RV, boat, trailer and other toys. Fantastic outdoor kitchen, hot tub, gazebo and bar for entertaining. This is a must see!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Gas Appliances, Range, Refrigerator, Out Door Kitchen, Tankless Water Heater
Laundry: Laundry Room

Features

Pantry, Granite Counters, Other, Storage, Other Specialty Room, Utility Room
Flooring: Tile, Other, Wood

Interior area

Total interior livable area: 926 sqft

Property

Parking

Parking features: Open, Trailer Storage, Covered, RV Parking Open
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck, Patio
Exterior features: Bar, Outdoor Kitchen
Fencing: Privacy,Fenced
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 6,098 sqft
Dimensions: 60 x 100
Features: Less Than 1/4 Acre

Details

Additional structures: Workshop, Shed(s)
Parcel number: 00360340000000
Zoning: RL
Zoning description: Residential Low

Construction

Type & style

Home type: SingleFamily
Architectural style: Conch
Property subtype: Single Family Residence

Materials

Frame, Hardi Board Siding, Other
Roof: Metal

Condition

Updated/Remodeled
New construction: No
Year built: 1938

Utilities & green energy

Electric: Elect Separate Meter
Sewer: Municipal Sewer, Public Sewer
Water: Water Separate Meter
Utilities for property: FKAA, Propane

Community & neighborhood

Community

Community features: Beach, Other

Location

Region: Grassy Key
Subdivision: Sunset Bay (56)

HOA & financial

HOA

Has HOA: No
Services included: None

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
5/30/2024	Sold	$599,000$647/sqft
Source: FLKMLS #605863 Report a problem
3/8/2024	Pending sale	$599,000$647/sqft
Source: BHHS broker feed #M20040086 Report a problem
3/7/2024	Contingent	$599,000$647/sqft
Source: FLKMLS #605863 Report a problem
3/7/2024	Pending sale	$599,000$647/sqft
Source: FLKMLS #605863 Report a problem
1/28/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/30/2023	Listed for rent	$3,500$4/sqft
Source: Zillow Rentals Report a problem
12/5/2023	Price change	$599,000-11.3%$647/sqft
Source: FLKMLS #605863 Report a problem
10/2/2023	Price change	$675,000-11.1%$729/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20040086 Report a problem
7/13/2023	Price change	$759,000-5%$820/sqft
Source: FLKMLS #605863 Report a problem
7/3/2023	Listed for sale	$799,000+255.1%$863/sqft
Source: FLKMLS #605863 Report a problem
12/20/2017	Sold	$225,000-4.3%$243/sqft
Source: Public Record Report a problem
3/6/2015	Sold	$235,000-5.6%$254/sqft
Source: Public Record Report a problem
2/7/2015	Pending sale	$249,000$269/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #566558 Report a problem
2/4/2015	Listed for sale	$249,000+27.7%$269/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #566558 Report a problem
3/15/2012	Sold	$195,000+0.8%$211/sqft
Source: MLKAR #556976 Report a problem
2/29/2012	Listed for sale	$193,500+43.3%$209/sqft
Source: Visual Tour #556976 Report a problem
11/26/2001	Sold	$135,000$146/sqft
Source: MLKAR #508648 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,983 +45.8%	$489,080 +67.1%
2024	$3,418 +3%	$292,610 +3%
2023	$3,318 +1.5%	$284,088 +3%
2022	$3,269 -0.3%	$275,814 +3%
2021	$3,277 +2.3%	$267,781 +1.4%
2020	$3,204	$264,084 +1.8%
2019	$3,204 +1.5%	$259,431 +1.9%
2018	$3,156 +4.2%	$254,594 +9.2%
2017	$3,028 -3.7%	$233,187 +15.5%
2016	$3,143 +5.5%	$201,901 +25.4%
2015	$2,978	$160,969