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Lot/land
  • $3,695,000

    58550 Overseas Hwy, Grassy Key, FL 33050

    --beds
    0baths
    0.43Acres
    Unimproved Land
    Built in ----
    0.43 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Oceanfront lot
    OCEANFRONT NEW CONSTRUCTION on Grassy Key in Marathon! Construction is anticipated to begin at the beginning of 2027. An exceptional opportunity to own a stunning contemporary residence overlooking the Atlantic Ocean. Situated on a 60' wide oceanfront lot, this thoughtfully designed home will offer 5 bedrooms, 4.5 bathrooms, spacious open-concept living areas, and an abundance of outdoor space to enjoy the Florida Keys lifestyle. Featuring modern coastal architecture, expansive windows, generous covered porches, and multiple balconies, the home is designed to embrace its beautiful oceanfront setting. Highlights include an open-concept design seamlessly connects the spacious kitchen, dining area, and great room. Expansive covered porches extend the living area outdoors, offering plenty of room to relax, dine, and enjoy the ocean breeze. Additional highlights include an elevator, generous garage and storage space, and a swimming pool. For those looking to create their own coastal retreat, the oceanfront lot is also available for purchase separately for $895,000 prior to the start of construction. The adjacent oceanfront lot is also available for sale, offering the rare opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage! Images are architectural renderings of the proposed residence. Final plans, features, and specifications are subject to change.
    33 days
    92
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Claire Johnson 305-731-4602,

    Coastal Realty of the Florida Keys

    Source: FLKMLS,MLS#: 621552MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • On waterfront: Yes
      Lot
      • Size: 0.43 Acres
      • Dimensions: 60 X 355
      Details
      • Parcel number: 00366950000000
      • Zoning: RM - Residential Medium

      Community & HOA

      Community
      • Subdivision: Crains Sub (58.0)
      HOA
      • Has HOA: No
      Location
      • Region: Grassy Key

      Financial & listing details

      • Tax assessed value: $599,249
      • Annual tax amount: $3,820
      • Date on market: 10/8/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/8/2026Listed for sale$3,695,000+2363.3%
        Source: FLKMLS #621552 Report a problem
        9/13/2024Sold$150,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,821 +31.1%$259,476 +10%
        2024$2,913 +2.4%$235,887 +10%
        2023$2,846 +3.1%$214,443 +10%
        2022$2,761 +11.3%$194,948 +10%
        2021$2,482 -1.5%$177,225 +10%
        2020$2,520 $161,114 -38.8%
        2019$2,520 +3%$263,082 +97.6%
        2018$2,446 +30.2%$133,152 +4.2%
        2017$1,879 +2.6%$127,827 +0.5%
        2016$1,832 -1.8%$127,239 -13.8%
        2015$1,866 $147,635
        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

        6 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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