58876 Overseas Hwy, Grassy Key, FL 33050

Rare opportunity to own a ROGO Exempt oceanfront property in Marathon! This expansive 56,488 sq. ft. parcel offers approximately 100 feet of direct ocean frontage and stretches nearly 570 feet deep, creating the perfect setting for a private estate or investment property. Previously improved with a residence (just recently removed), this cleared and buildable lot allows you to build immediately upon plan approval, saving valuable time and money in the development process. The unique depth of the property provides the opportunity for a long, private driveway, enhancing privacy and estate-like appeal. Enjoy endless open ocean views and refreshing ocean breezes from your future home. Zoned for weekly rentals, this property is ideal for developers or buyers seeking strong income potential in one of the Florida Keys' most desirable markets. Conveniently located just minutes from Marathon Jet Center, Dolphin Research Center, and an array of waterfront dining, shopping, and local attractions. Whether you're building a luxury residence or an income-producing vacation rental, this is a rare, ready-to-build oceanfront offering you don't want to miss.