Skip main navigation
For sale
  • Price cut: $75K (8/21)
    $1,675,000

    58773 Overseas Hwy, Grassy Key, FL 33050

    3beds
    1,280sqft
    : 
    $10,120/mo
    Get pre-qualified
    Single Family Residence
    Built in 1965
    0.49 Acres Lot
    $-- Zestimate®
    $1,309/sqft
    $-- HOA

    What's special

    Screened-in pool and spaWaterfront settingMetal roofTropical privacyOpen gulf viewsCovered lounging areaClassic white-picket charm
    From the moment you arrive, this charming waterfront cottage invites you to leave the outside world behind. Tucked among lush tropical landscaping, its soft yellow exterior, metal roof, and classic white-picket charm set the mood for something unforgettable. Welcome to Key Lime Kottage, a turnkey 3-bedroom, 2-bath waterfront retreat in Grassy Key, where time slows, conversations last longer, and every day feels like a Florida Keys vacation. Inside, the open living, dining, and kitchen areas flow effortlessly, creating a warm setting for relaxed meals and time together. Outside, Key Lime Kottage becomes your secluded resort. The screened-in pool and spa, covered lounging area, and tropical privacy invite you to unwind. Imagine floating beneath the sun, relaxing in the spa, and sharing a toast as the sky turns gold and coral. A composite dock leads through the mangroves toward open Gulf views. Begin the morning with coffee by the water, launch a kayak or paddleboard, or sit together and enjoy the soothing rhythm of the Keys. Currently in a vacation-rental program, Key Lime Kottage combines personal enjoyment with income-producing potential. Its waterfront setting, open-water views, pool, spa, privacy, and turnkey condition create the resort experience guests seek--and want to revisit year after year. Conveniently located near the Dolphin Research Center, The Wreck Restaurant, downtown Marathon, shopping, marinas, and Million Air, the home feels private yet connected. You are not simply purchasing a property. You are investing in peaceful mornings, poolside afternoons, romantic sunsets, and a Florida Keys lifestyle guests will remember long after leaving. Could Key Lime Kottage become your private escape, income-producing retreat--or both? Kindly provide at least 24 hours' notice for showings. Saturdays during guest check-in and check-out windows are preferred.
    163 days
    440
    18

    Zillow last checked:

    Listing updated:

    Listed by:

    Lela Ashkarian 305-395-0814,

    Coldwell Banker Schmitt Real Estate Co.,

    Jesus Parra 786-282-9281,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 619885MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Heat Pump, Ceiling Fans(s)
      Appliances
      • Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
      • Laundry: Laundry Room
      Features
      • Walk-in Closet(s)
      • Flooring: Wood
      • Furnished: Yes
      Interior area
      • Total structure area: 1,280
      • Total interior livable area: 1,280 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage Door Opener, Open, RV Access/Parking
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Parking
      Features
      • Exterior features: Lighting, Outdoor Shower
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Heated
      • On waterfront: Yes
      Lot
      • Size: 0.49 Acres
      • Dimensions: 50x375x471x108
      Details
      • Parcel number: 00376050000000
      • Zoning: RM-1 - Residential Medium - 1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Grassy Key (58.9)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Grassy Key

      Financial & listing details

      • Price per square foot: $1,309/sqft
      • Tax assessed value: $1,231,214
      • Annual tax amount: $11,095
      • Date on market: 5/13/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$1,675,000-4.3%$1,309/sqft
        Source: FLKMLS #619885 Report a problem
        7/7/2026Price change$1,750,000-4.1%$1,367/sqft
        Source: FLKMLS #619885 Report a problem
        5/13/2026Listed for sale$1,825,000+21.7%$1,426/sqft
        Source: MLKAR #619885 Report a problem
        4/30/2024Sold$1,499,000$1,171/sqft
        Source: FLKMLS #609133 Report a problem
        4/23/2024Pending sale$1,499,000$1,171/sqft
        Source: FLKMLS #609133 Report a problem
        3/11/2024Contingent$1,499,000$1,171/sqft
        Source: FLKMLS #609133 Report a problem
        3/10/2024Listed for sale$1,499,000+87.8%$1,171/sqft
        Source: FLKMLS #609133 Report a problem
        12/4/2019Sold$798,000-0.1%$623/sqft
        Source: FLKMLS #587499 Report a problem
        9/28/2019Listed for sale$799,000-6.4%$624/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #587499 Report a problem
        7/23/2019Listing removed$854,000$667/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        7/3/2019Price change$854,000-2.8%$667/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        5/16/2019Price change$879,000-2.2%$687/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        1/26/2019Price change$899,000-2.8%$702/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        1/16/2019Price change$925,000-2.6%$723/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        11/27/2018Price change$950,000-2.6%$742/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        11/1/2018Listed for sale$975,000-2%$762/sqft
        Source: Island Breeze Realty, LLC #582556 Report a problem
        8/24/2018Listing removed$995,000$777/sqft
        Source: Island Breeze Realty, LLC #577596 Report a problem
        5/16/2018Price change$995,000-9.5%$777/sqft
        Source: Island Breeze Realty, LLC #577596 Report a problem
        4/11/2018Price change$1,100,000-1.6%$859/sqft
        Source: Island Breeze Realty, LLC #577596 Report a problem
        3/7/2018Price change$1,118,000-2.6%$873/sqft
        Source: Island Breeze Realty, LLC #577596 Report a problem
        12/7/2017Price change$1,148,000-4.2%$897/sqft
        Source: Island Breeze Realty, LLC #577596 Report a problem
        11/28/2017Listed for sale$1,198,000+362.5%$936/sqft
        Source: Island Breeze Realty, LLC #577596 Report a problem
        2/21/2012Listing removed$259,000$202/sqft
        Source: Exit Realty Florida Keys #554809 Report a problem
        11/17/2011Listed for sale$259,000-39.1%$202/sqft
        Source: Exit Realty Florida Keys #554809 Report a problem
        6/21/2011Sold$425,000-13.3%$332/sqft
        Source: Public Record Report a problem
        2/5/2011Price change$490,000-7.5%$383/sqft
        Source: Exit Realty Florida Keys #553475 Report a problem
        11/23/2010Listed for sale$530,000+73.8%$414/sqft
        Source: Exit Realty Florida Keys #553475 Report a problem
        8/24/2009Sold$305,000+124.3%$238/sqft
        Source: Public Record Report a problem
        10/1/1998Sold$136,000$106/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,095 +15.8%$1,231,214 +32.8%
        2024$9,579 +6.4%$927,425 +10%
        2023$9,007 +13.1%$843,114 +10%
        2022$7,961 +7.2%$766,467 +10%
        2021$7,425 +7.8%$696,788 +6.7%
        2020$6,889 $653,264 -5.7%
        2019$6,889 -5.4%$692,921 +1.6%
        2018$7,279 +5.2%$681,878 +9.2%
        2017$6,919 +8.4%$624,272 -2.3%
        2016$6,384 -5%$638,803 +7.8%
        2015$6,720 $592,854
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        8 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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

        Browse local experts