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Sold for $2,700,000
  • $2,700,000

    58121 Morton St, Grassy Key, FL 33050

    4beds
    1,464sqft
    Single Family Residence
    Built in 1979
    0.61 Acres Lot
    $2,699,800 Zestimate®
    $1,844/sqft
    $4,196 Estimated rent

    Home value

    $2,699,800

    $2.46M - $2.97M

    $4,196/mo

    Zestimate® history
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    What's special

    Heated saltwater poolPrivate gated waterfront estateDurable metal roofOversized covered breezewayHardie sidingBreathtaking open water viewsUnforgettable sunset skies
    Experience the ultimate Florida Keys retreat in this private, gated waterfront estate set on an oversized lot with breathtaking open water views and unforgettable sunset skies. Designed for both luxury living and exceptional rental performance, this 4-bedroom, 2-bath elevated home offers the perfect blend of comfort, style, and income potential with a 7-day vacation rental allowance.The residence features impact windows and doors, a durable metal roof, hardie siding and an open-concept layout filled with natural light. Expansive windows frame panoramic water views from the main living areas, while the spacious design comfortably accommodates multiple families or large groups. The kitchen is appointed with granite countertops and flows seamlessly into the living and dining areas, creating an inviting space for entertaining.Outdoor living is where this property truly shines. Enjoy a heated saltwater pool, gazebo with a metal roof, and an oversized covered breezeway that captures the essence of relaxed Keys living. The property is fully fenced with a private electric gate, offering both security and seclusion.Boaters will appreciate the long dock, complete with a 13,000-lb boat lift, providing direct access to open water. Surrounded by abundant marine life and natural beauty, this is a true paradise for fishing, boating, and nature enthusiasts.Whether you're seeking a high-performing investment property or a private waterfront escape, this home delivers luxury, privacy, and the quintessential Florida Keys lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    April Struhs 305-399-6297,

    Coldwell Banker Schmitt Key Largo

    Bought with:

    Lisa Swanson, BK3226537

    The Agency Florida Keys

    Source: FLKMLS,MLS#: 619802MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
    Features
    • Granite Counters
    • Flooring: Tile, Carpet
    • Doors: Impact Rstnce Doors
    • Windows: Drapes/Blinds Incl, Skylight(s), Impact Rstnce Window
    Interior area
    • Total interior livable area: 1,464 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No
    Features
    • Exterior features: Storage, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Salt Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water, Bay/Gulf View
    • Has water view: Yes
    • Water view: Ocean,Water,Bay/Gulf View
    • Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Seawall: Concrete, Dock: Wood, Dock Length: 165, Dockage: Boat Lift
    Lot
    • Size: 0.61 Acres
    • Dimensions: 80 x 200
    • Features: 1/4 - 1/2 Acre
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00375120000200
    • Zoning: RM
    • Zoning description: Residential Medium

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding, Combo Construction
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA, Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Electric Gate
    Location
    • Region: Grassy Key
    • Subdivision: Crains Sub (58.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/29/2026Sold$2,700,000+0%$1,844/sqft
    Source: FLKMLS #619802 Report a problem
    5/22/2026Contingent$2,699,500$1,844/sqft
    Source: FLKMLS #619802 Report a problem
    5/7/2026Listed for sale$2,699,500+89.4%$1,844/sqft
    Source: Key West AOR #619802 Report a problem
    7/13/2020Sold$1,425,000$973/sqft
    Source: FLKMLS #590694 Report a problem
    5/1/2020Listed for sale$1,425,000+50%$973/sqft
    Source: Sunrise FL Keys Realty, Inc. #590694 Report a problem
    3/26/2019Sold$950,000-4%$649/sqft
    Source: Public Record Report a problem
    1/1/2019Price change$990,000-13.9%$676/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #583464 Report a problem
    11/25/2018Price change$1,150,000-4.2%$786/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #582088 Report a problem
    9/30/2018Listed for sale$1,200,000$820/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #582088 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,673 -2.4%$1,591,799 +10%
    2024$15,037 +6.1%$1,447,090 +10%
    2023$14,167 +16.7%$1,315,536 +11.2%
    2022$12,138 +8.7%$1,182,987 +10%
    2021$11,170 +35.2%$1,075,443 +35.4%
    2020$8,263 $794,428 +85.4%
    2019$8,263 +92.3%$428,518 +10.1%
    2018$4,297 +0.1%$389,143 +2.1%
    2017$4,291 +1.8%$381,140 +2.1%
    2016$4,216 -0.7%$373,301 +0.7%
    2015$4,246 $370,706

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,699,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,699,800