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.
For sale
Price cut: $75K (8/21)
$1,675,000
58773 Overseas Hwy, Grassy Key, FL 33050
3beds
1,280sqft
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
- 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#: 619885
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
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $1,675,000-4.3%$1,309/sqft |
Source: | ||
| 7/7/2026 | Price change | $1,750,000-4.1%$1,367/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $1,825,000+21.7%$1,426/sqft |
Source: | ||
| 4/30/2024 | Sold | $1,499,000$1,171/sqft |
Source: | ||
| 4/23/2024 | Pending sale | $1,499,000$1,171/sqft |
Source: | ||
| 3/11/2024 | Contingent | $1,499,000$1,171/sqft |
Source: | ||
| 3/10/2024 | Listed for sale | $1,499,000+87.8%$1,171/sqft |
Source: | ||
| 12/4/2019 | Sold | $798,000-0.1%$623/sqft |
Source: | ||
| 9/28/2019 | Listed for sale | $799,000-6.4%$624/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #587499 Report a problem | ||
| 7/23/2019 | Listing removed | $854,000$667/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 7/3/2019 | Price change | $854,000-2.8%$667/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 5/16/2019 | Price change | $879,000-2.2%$687/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 1/26/2019 | Price change | $899,000-2.8%$702/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 1/16/2019 | Price change | $925,000-2.6%$723/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 11/27/2018 | Price change | $950,000-2.6%$742/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 11/1/2018 | Listed for sale | $975,000-2%$762/sqft |
Source: Island Breeze Realty, LLC #582556 Report a problem | ||
| 8/24/2018 | Listing removed | $995,000$777/sqft |
Source: Island Breeze Realty, LLC #577596 Report a problem | ||
| 5/16/2018 | Price change | $995,000-9.5%$777/sqft |
Source: Island Breeze Realty, LLC #577596 Report a problem | ||
| 4/11/2018 | Price change | $1,100,000-1.6%$859/sqft |
Source: Island Breeze Realty, LLC #577596 Report a problem | ||
| 3/7/2018 | Price change | $1,118,000-2.6%$873/sqft |
Source: Island Breeze Realty, LLC #577596 Report a problem | ||
| 12/7/2017 | Price change | $1,148,000-4.2%$897/sqft |
Source: Island Breeze Realty, LLC #577596 Report a problem | ||
| 11/28/2017 | Listed for sale | $1,198,000+362.5%$936/sqft |
Source: Island Breeze Realty, LLC #577596 Report a problem | ||
| 2/21/2012 | Listing removed | $259,000$202/sqft |
Source: Exit Realty Florida Keys #554809 Report a problem | ||
| 11/17/2011 | Listed for sale | $259,000-39.1%$202/sqft |
Source: Exit Realty Florida Keys #554809 Report a problem | ||
| 6/21/2011 | Sold | $425,000-13.3%$332/sqft |
Source: Public Record Report a problem | ||
| 2/5/2011 | Price change | $490,000-7.5%$383/sqft |
Source: Exit Realty Florida Keys #553475 Report a problem | ||
| 11/23/2010 | Listed for sale | $530,000+73.8%$414/sqft |
Source: Exit Realty Florida Keys #553475 Report a problem | ||
| 8/24/2009 | Sold | $305,000+124.3%$238/sqft |
Source: Public Record Report a problem | ||
| 10/1/1998 | Sold | $136,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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