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Sold for $740,000
  • $740,000

    58885 Overseas Hwy, Grassy Key, FL 33050

    3beds
    1,548sqft
    Single Family Residence
    Built in 1982
    9,147 Square Feet Lot
    $742,000 Zestimate®
    $478/sqft
    $3,814 Estimated rent

    Home value

    $742,000

    $646,000 - $853,000

    $3,814/mo

    Zestimate® history
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    What's special

    Elevated homePrivate oasisAbundance of natural lightMetal roofTropical escapeVersatile bonus roomAdditional storage
    Welcome to your private oasis on Grassy Key, where your closest neighbors are the dolphins! Just steps away, you'll find the S.S. Wreck & Galley Grill, Grassy Key Marina, a bait shop, and a grocery store--everything you need for the perfect island lifestyle. This 3-bedroom, 2-bathroom stilted home is the epitome of privacy, relaxation, and Florida Keys living. Designed for comfort and durability, this elevated home features impact windows and doors, a metal roof, and Hardie board siding, all updated in 2018. Inside, 1,548 sq. ft. of thoughtfully designed space awaits, with brand-new Lifeproof flooring throughout and an abundance of natural light. The kitchen is fully equipped with stainless steel appliances and a brand-new refrigerator, while the primary suite offers a spa-like retreat with a jacuzzi tub and double vanity. A versatile bonus room provides space for an office, play area, or creative nook. But the true magic happens outdoors! Step into a tropical escape featuring a custom heated & chilled concrete pool, six-person jacuzzi, and an expansive outdoor kitchen and bar--perfect for entertaining under the swaying palms. The MistAway mosquito control system ensures uninterrupted enjoyment of your private backyard oasis. Situated on an oversized, fully fenced lot, there's ample space for parking boats, trailers, and all your island toys. Beneath the home, additional storage provides a perfect place to stow gear for fishing, diving, or boating adventures. Enjoy unparalleled tranquility with the Dolphin Research Center bordering the property, guaranteeing no neighbors on two sides!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nate Bartlett 305-800-6283,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 614147MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Washer/Dryer Hook Up
    • Laundry: Laundry Room
    Features
    • Granite Counters, Pantry, Other Specialty Room, Sun/Florida Room
    • Flooring: Tile, Laminate
    • Doors: Impact Rstnce Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window, Accordion
    Interior area
    • Total interior livable area: 1,548 sqft

    Property

    Parking
    • Parking features: Guest, Trailer Storage, Off Street
    Features
    • Patio & porch: Open Porch/Balcony, Patio, Screened Patio
    • Exterior features: Bar, Storage, Outdoor Shower, Outdoor Kitchen, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Decked, Concrete
    • Has spa: Yes
    • Spa features: Private
    • Fencing: Privacy,Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 9,147 Square Feet
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Workshop, Shed(s)
    • Parcel number: 00100070000100
    • Zoning: RL
    • Zoning description: Residential Low

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    • Roof: Metal,Other
    Condition
    • Year built: 1982

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $478/sqft
    • Tax assessed value: $621,090
    • Annual tax amount: $6,009
    • Date on market: 3/13/2025
    • Listing terms: Seller Finance Psble,FHA,VA Loan,Conventional,Cash

    Price history

    DateEventPrice
    6/2/2025Sold$740,000-1.3%$478/sqft
    Source: FLKMLS #614147 Report a problem
    5/31/2025Pending sale$750,000$484/sqft
    Source: FLKMLS #614147 Report a problem
    4/30/2025Contingent$750,000$484/sqft
    Source: FLKMLS #614147 Report a problem
    4/14/2025Price change$750,000-6.1%$484/sqft
    Source: FLKMLS #614147 Report a problem
    3/13/2025Listed for sale$799,000-11.1%$516/sqft
    Source: Key West AOR #614147 Report a problem
    2/20/2025Listing removed$899,000$581/sqft
    Source: Engel & Volkers #609447 Report a problem
    12/16/2024Listed for sale$899,000-3.3%$581/sqft
    Source: MLKAR #609447 Report a problem
    9/2/2024Listing removed$929,900$601/sqft
    Source: FLKMLS #609447 Report a problem
    7/4/2024Price change$929,900-4.5%$601/sqft
    Source: MLKAR #609447 Report a problem
    5/1/2024Price change$974,000-2.5%$629/sqft
    Source: FLKMLS #609447 Report a problem
    4/3/2024Listed for sale$999,000+90.3%$645/sqft
    Source: Key West AOR #609447 Report a problem
    1/29/2021Sold$525,000-2.6%$339/sqft
    Source: MLKAR #590939 Report a problem
    12/30/2020Contingent$539,000$348/sqft
    Source: FLKMLS #590939 Report a problem
    8/11/2020Price change$539,000-1.6%$348/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #590939 Report a problem
    6/26/2020Price change$547,500-1.4%$354/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #590939 Report a problem
    5/20/2020Price change$555,000-1.8%$359/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #590939 Report a problem
    1/28/2020Price change$564,900-1.7%$365/sqft
    Source: Miami - WEICHERT, REALTORS - NuStar Associates #A10746873 Report a problem
    9/27/2019Listed for sale$574,900$371/sqft
    Source: Weichert Realtors -NuStar Asoc #A10746873 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,943 -1.1%$621,090 +6.7%
    2024$6,009 +0.3%$582,251 +1.4%
    2023$5,993 +1.4%$574,014 +3%
    2022$5,912 +133.4%$557,296 +189.4%
    2021$2,533 +2.1%$192,551 +1.4%
    2020$2,481 $189,893 +2.3%
    2019$2,481 +1.8%$185,624 +1.9%
    2018$2,436 +3.8%$182,163 +2.1%
    2017$2,347 +1.7%$178,417 +2.1%
    2016$2,307 -0.3%$174,748 +0.7%
    2015$2,315 $173,533
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $742,000
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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
    $742,000