Sold for $440,000

$440,000

57538 Bailey St, Grassy Key, FL 33050

2beds

874sqft

Half Duplex

Built in 1981

3,049 Square Feet Lot

$445,800 Zestimate^®

$503/sqft

$3,465 Estimated rent

Home value

$445,800

$388,000 - $513,000

$3,465/mo

Zestimate^® history

Owner options

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$3,465/mo

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$3,465/mo

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$2,687/mo

Est. payment

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$2,687/mo

Est. payment

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What's special

Welcome to 57538 Bailey St! This tastefully decorated 2-bedroom home is a gem. The modern kitchen features stainless steel appliances, including a dishwasher, microwave, and range. Upstairs, enjoy the convenience of central A/C and an in-unit washer/dryer. The downstairs area is a tropical oasis, complete with a fenced yard, tiki hut, hot tub, and cozy sitting area—perfect for entertaining. Nestled just a short drive from Marathon's vibrant offerings: Shopping, aquatic adventures, and dining options. To explore this inviting property in person, call today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Cooling

Central Air

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Stainless Steel Appliance(s)

Features

Flooring: Tile

Interior area

Total structure area: 874
Total interior livable area: 874 sqft

Property

Parking

Parking features: Open
Has uncovered spaces: Yes

Features

Patio & porch: Deck
Exterior features: Chickee Hut
Has spa: Yes
Spa features: Heated
Fencing: Fenced

Lot

Size: 3,049 Square Feet

Details

Parcel number: 00360420000000
Zoning: R-MH - Residential - MH

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Half Duplex

Materials

Other

Condition

Year built: 1981

Utilities & green energy

Utilities for property: Elect Separate Meter, Cable Available

Community & HOA

Community

Features: Bike Paths
Subdivision: Grassy Key (58.9)

HOA

Has HOA: No
Services included: None

Location

Region: Grassy Key

Financial & listing details

Price per square foot: $503/sqft
Tax assessed value: $307,099
Annual tax amount: $3,582
Date on market: 4/6/2025
Listing terms: Cash,Conventional

Price history

Date	Event	Price
12/1/2025	Sold	$440,000-4.1%$503/sqft
Source: FLKMLS #614505 Report a problem
11/5/2025	Contingent	$459,000$525/sqft
Source: FLKMLS #614505 Report a problem
9/30/2025	Price change	$459,000-3.4%$525/sqft
Source: FLKMLS #614505 Report a problem
6/28/2025	Price change	$475,000-4.8%$543/sqft
Source: Key West AOR #614505 Report a problem
4/26/2025	Price change	$499,000-5.7%$571/sqft
Source: MLKAR #614505 Report a problem
4/6/2025	Listed for sale	$529,000+140.5%$605/sqft
Source: Key West AOR #614505 Report a problem
7/3/2024	Listing removed	--
Source: MLKAR #609897 Report a problem
5/7/2024	Listed for rent	$3,500$4/sqft
Source: MLKAR #609897 Report a problem
8/13/2019	Sold	$220,000+0.5%$252/sqft
Source: Public Record Report a problem
6/4/2019	Price change	$219,000-4.8%$251/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
5/6/2019	Price change	$230,000-3.8%$263/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
4/9/2019	Price change	$239,000-4%$273/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
3/11/2019	Price change	$249,000-3.9%$285/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
2/4/2019	Price change	$259,000-3.7%$296/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
1/22/2019	Listed for sale	$269,000$308/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
11/29/2018	Listing removed	$269,000$308/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
10/4/2018	Listed for sale	$269,000+54.6%$308/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #582157 Report a problem
5/1/2018	Listing removed	$174,010-0.5%$199/sqft
Source: Auction.com Report a problem
3/13/2018	Listed for sale	$174,924-0.5%$200/sqft
Source: Auction.com Report a problem
11/3/2017	Listing removed	$175,762-39.4%$201/sqft
Source: Auction.com Report a problem
10/11/2017	Listed for sale	--
Source: Auction.com Report a problem
5/30/2006	Sold	$290,000$332/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,691 +3%	$287,563 +10%
2024	$3,582 +3%	$261,421 +10%
2023	$3,479 +8.6%	$237,655 +10%
2022	$3,203 +7.4%	$216,050 +10%
2021	$2,984 +5.1%	$196,409 +6%
2020	$2,839	$185,247 -2.7%
2019	$2,839 -1.6%	$190,334 +12.5%
2018	$2,886 +10.5%	$169,171 +7.6%
2017	$2,611 +4.7%	$157,179 +57.9%
2016	$2,494 +57.5%	$99,566 +0.7%
2015	$1,583	$98,874