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Lot/land
  • $199,000

    57529 Bailey St, Grassy Key, FL 33050

    --beds
    0baths
    6,098Square Feet
    Unimproved Land
    Built in ----
    6,098 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Surveyed cornersTemporary electric poleConstruction drivewayCleared site
    Are you ready to build? Skip the multi-year BPAS waitlist and start construction of your Florida Keys dream home on Day 1! This shovel-ready, 6,000 sq ft Grassy Key lot comes with a fully active City of Marathon building permit, local contractor, and ready-to-go blueprints for a stunning 1,500 sq ft, 4-bedroom primary residence. With the plans already approved at the state and city level. Begin breaking ground immediately upon closing. The seller has completely taken stress out of starting the building process-spending over $45,000 to deliver a cleared site complete with a construction driveway, mandatory safety fence, temporary electric pole, and surveyed corners. The plans are updated to the latest strict building codes, your builder can mobilize immediately while allowing you to fully customize the interior finishes to your exact taste. Well above the base flood elevation for optimal safety and insurance savings, this home plan is designed to capture breathtaking water views from a massive 23-foot outdoor deck. The luxury primary suite serves as a private oasis, boasting a standalone soaking tub positioned perfectly against a dedicated viewing window with glimpses of the water, alongside a separate walk-in shower. Engineered for the ultimate coastal lifestyle, the specifications feature a premium metal roof, ultra-durable HardieBacker siding, and high-efficiency green additions-including an integrated cistern for rainwater collection and an innovative AC heat-recirculator for the water heater. If you are a local resident, down-sizer, or professional looking to establish your primary homestead in the Keys without the years of bureaucratic delays, this turnkey property offers an unmatched head start. Ideally located just moments from Sunset Bay Park, where you can launch a kayak, enjoy breathtaking nightly sunsets, and watch local marine life glide through the clear waters. Embrace the true Keys lifestyle. Seller is a licensed real estate agent.
    22 days
    371
    27

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle VanHoose 734-787-8414,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 621266MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 60 X 100
      • Features: Cleared
      Details
      • Parcel number: 00360370000000
      • Zoning: RM - Residential Medium

      Utilities & green energy

      • Electric: Electric on Site

      Community & HOA

      Community
      • Features: Other
      • Security: No Security
      • Subdivision: Sunset Bay (56)
      HOA
      • Has HOA: No
      Location
      • Region: Grassy Key

      Financial & listing details

      • Tax assessed value: $249,600
      • Annual tax amount: $1,082
      • Date on market: 9/11/2026
      • Listing terms: Not Assumable,Other
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/11/2026Listed for sale$199,000-7.4%
        Source: FLKMLS #621266 Report a problem
        5/2/2026Listing removed$215,000
        Source: FLKMLS #619015 Report a problem
        3/25/2026Price change$215,000-4.4%
        Source: FLKMLS #619015 Report a problem
        3/11/2026Listed for sale$225,000+1068.8%
        Source: Key West AOR #619015 Report a problem
        1/12/2023Sold$19,250-78.4%
        Source: Public Record Report a problem
        5/24/2021Sold$89,000+50.8%
        Source: Public Record Report a problem
        10/26/2017Sold$59,000+1375%
        Source: Public Record Report a problem
        5/19/2017Sold$4,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,082 +137.9%$41,184 +10%
        2024$455 -25.4%$37,440 -29.4%
        2023$609 -24.6%$53,040 -27.7%
        2022$809 +22.5%$73,320 +34.3%
        2021$660 +6.2%$54,600 +6.1%
        2020$621 $51,480
        2019$621 -0.1%$51,480
        2018$622 +3.1%$51,480 +221.7%
        2017$604 +164.3%$16,000 -51%
        2016$228 -19.9%$32,681 +75%
        2015$285 $18,675
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33050

        Getting around

        4 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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