Sold for $1,327,500

$1,327,500

57580 Overseas Hwy, Grassy Key, FL 33050

2beds

1,082sqft

Single Family Residence

Built in 1987

0.37 Acres Lot

$1,350,800 Zestimate^®

$1,227/sqft

$4,009 Estimated rent

Home value

$1,350,800

$1.22M - $1.51M

$4,009/mo

Zestimate^® history

Owner options

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$4,009/mo

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$4,009/mo

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$8,035/mo

Est. payment

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$8,035/mo

Est. payment

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What's special

Large wrap around porchGranite countersSandy shorelinePlenty of storagePlentiful natural lightDade county pineViews of marine life

Breathtaking Ocean Views from every room in the house! This Ocean Front Gem at 57580 Overseas Hwy in Marathon boasts a stunning open water location with over a 1/3 of an acre that is beautifully landscaped. This charming 2 bedroom 2 bath home greets you with vaulted ceilings and Dade County pine, with a split floorplan offering plenty of open space. Enjoy the plentiful natural light during the day, and enjoy a sunset by the fireplace in the evening. Kitchen has been upgraded with Granite counters and new cabinets in 2018, and the guest bathroom has been completely updated. Large wrap around porch to enjoy the keys weather and views of marine life. Plenty of storage downstairs and over 100' of sandy shoreline to enjoy. Home has been lightly used by the current owners and is just awaiting your personal touches to make it your perfect open water home in the Florida Keys.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Cooling

Wall/Window Unit(s), Ductless, Ceiling Fans(s)

Appliances

Included: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer

Features

Fireplace(s), Built-in Cabinets, Dade County Pine, Granite Counters
Flooring: Tile
Windows: Panel
Has fireplace: Yes
Furnished: Yes

Interior area

Total interior livable area: 1,082 sqft

Property

Parking

Parking features: Open, Covered, Off Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: No, None, Parking

Features

Patio & porch: Open Porch/Balcony
Exterior features: Sandy Beach, Storage
Has view: Yes
View description: Ocean, Water
Has water view: Yes
Water view: Ocean,Water
Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dockage: None

Lot

Size: 0.37 Acres
Features: 1/4 - 1/2 Acre

Details

Parcel number: 00373900000000
Zoning: RM
Zoning description: Residential Medium

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Year built: 1987

Utilities & green energy

Electric: Elect Separate Meter
Sewer: Municipal Sewer, Public Sewer
Water: Water Separate Meter
Utilities for property: FKAA, Cable Available, Buyer to Verify

Community & HOA

Community

Features: Beach, Bike Paths
Security: No Security
Subdivision: Grassy Key (58.9)

HOA

Has HOA: No
Services included: None

Location

Region: Grassy Key

Financial & listing details

Price per square foot: $1,227/sqft
Tax assessed value: $1,009,641
Annual tax amount: $10,047
Date on market: 1/5/2025
Listing terms: No Seller Finance,Cash,Conventional

Price history

Date	Event	Price
2/10/2025	Sold	$1,327,500-3.5%$1,227/sqft
Source: FLKMLS #612969 Report a problem
1/25/2025	Pending sale	$1,375,000$1,271/sqft
Source: FLKMLS #612969 Report a problem
1/14/2025	Contingent	$1,375,000$1,271/sqft
Source: MLKAR #612969 Report a problem
1/5/2025	Listed for sale	$1,375,000+111.5%$1,271/sqft
Source: MLKAR #612969 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
12/31/2014	Listing removed	$3,000$3/sqft
Source: Owner Report a problem
12/24/2014	Sold	$650,000-7%$601/sqft
Source: Public Record Report a problem
12/23/2014	Listed for rent	$3,000$3/sqft
Source: Owner Report a problem
2/28/2014	Listing removed	$699,000$646/sqft
Source: American Caribbean Real Estate Middle Keys #561412 Report a problem
11/8/2013	Price change	$699,000-3.6%$646/sqft
Source: American Caribbean Real Estate Middle Keys #561412 Report a problem
6/17/2013	Listed for sale	$725,000+61.1%$670/sqft
Source: American Caribbean Real Estate Middle Keys #561412 Report a problem
6/8/2012	Sold	$450,000-9.1%$416/sqft
Source: MLKAR #556129 Report a problem
4/6/2011	Price change	$495,000-29.3%$457/sqft
Source: American Caribbean Real Estate #551150 Report a problem
2/25/2011	Price change	$699,900-7.9%$647/sqft
Source: American Caribbean Real Estate #551150 Report a problem
6/11/2010	Price change	$760,000-1.9%$702/sqft
Source: American Caribbean Real Estate Report a problem
2/24/2010	Listed for sale	$775,000+23%$716/sqft
Source: American Caribbean Real Estate #551150 Report a problem
3/18/2004	Sold	$630,000$582/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,322 -10.3%	$935,029 +10%
2024	$10,387 +3.4%	$850,026 +10%
2023	$10,047 +19.4%	$772,751 +10%
2022	$8,417 +14.4%	$702,501 +10%
2021	$7,358 +5.6%	$638,637 +4.9%
2020	$6,965	$608,978 -1.4%
2019	$6,965 -1.2%	$617,597 +6.8%
2018	$7,052 +9.3%	$578,390 +6.5%
2017	$6,455 +6.6%	$542,850 +12.4%
2016	$6,054 +6%	$482,768 -29.7%
2015	$5,710	$686,564