Skip main navigation
For sale
  • $850,000

    58950 Overseas Hwy Lot 48, Marathon, FL 33050

    3beds
    1,509sqft
    : 
    $5,198/mo
    Get pre-qualified
    Half Duplex
    Built in 1982
    3,484 Square Feet Lot
    $-- Zestimate®
    $563/sqft
    $125/mo HOA

    What's special

    Oceanfront a-frameResort-style poolSpacious waterfront deckVersatile lofted office spaceConvenient boat rampBreathtaking open water viewsTiki hut
    Wake up to breathtaking open water views and embrace the ultimate Florida Keys lifestyle in this oceanfront A-frame located in the private, highly sought-after Lion's Lair community in Marathon. Opportunities like this are rare--where exceptional amenities, privacy, and value come together in one stunning property. This well-built half duplex welcomes you with sweeping ocean views the moment you step inside, complemented by impact windows and doors for peace of mind. Offering 3 bedrooms, 2 baths, plus a versatile lofted office space, the home is designed for both comfort and flexibility. Step outside to your spacious waterfront deck--perfect for morning coffee at sunrise or unwinding with evening cocktails as the ocean breeze rolls in. The true highlight is the unmatched collection of community amenities: Enjoy a private marina with dockage for boats up to 25', a convenient boat ramp, boat trailer storage, a resort-style pool, tiki hut, clubhouse, and a scenic paved walkway leading to a tranquil jetty point--ideal for sunset strolls or simply soaking in the coastal beauty. Positioned in one of the most desirable and private locations within Lion's Lair, this home offers both seclusion and easy access to all amenities. With low association fees of just $1,500 per year and no rentals allowed, you'll enjoy a peaceful, owner-focused environment without the disruption of short-term vacation traffic. This is more than a home--it's a rare opportunity to own a piece of paradise in a premier waterfront setting. Schedule your private showing today.
    192 days
    |
    4,195
    |
    210
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chase Foster 407-314-2543,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 618474MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Wall/Window Unit(s), Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Refrigerator, Oven, Microwave
      Features
      • Granite Counters, Bar
      • Flooring: Tile, Vinyl
      Interior area
      • Total structure area: 1,509
      • Total interior livable area: 1,509 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck
      • Exterior features: Chickee Hut, Sandy Beach
      • Has private pool: Yes
      • Pool features: In Ground
      • On waterfront: Yes
      Lot
      • Size: 3,484 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: 00099980004800
      • Zoning: RM - Residential Medium

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame
      • Property subtype: Half Duplex
      Materials
      • Frame
      Condition
      • Year built: 1982

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

      Community & HOA

      Community
      • Features: Community Dockage, Community Boat Ramp, Clubhouse, Beach
      • Security: No Security
      • Subdivision: Grassy Key (58.9)
      HOA
      • Has HOA: Yes
      • Services included: Common Area Mnt
      • HOA fee: $1,500 annually
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $563/sqft
      • Tax assessed value: $605,301
      • Annual tax amount: $6,226
      • Date on market: 2/4/2026
      • Listing terms: No Seller Finance,Cash,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/7/2026Price change$850,000-5.6%$563/sqft
        Source: Key West AOR #618474 Report a problem
        2/4/2026Listed for sale$900,000-4.8%$596/sqft
        Source: Key West AOR #618474 Report a problem
        2/1/2026Listing removed$945,000$626/sqft
        Source: MLKAR #613170 Report a problem
        9/18/2025Price change$945,000-5%$626/sqft
        Source: Key West AOR #613170 Report a problem
        5/15/2025Price change$995,000-5.2%$659/sqft
        Source: FLKMLS #613170 Report a problem
        4/4/2025Price change$1,050,000-4.5%$696/sqft
        Source: Key West AOR #613170 Report a problem
        1/17/2025Listed for sale$1,100,000$729/sqft
        Source: Key West AOR #613170 Report a problem
        8/9/2023Listing removed--
        Source: Key West AOR #604126 Report a problem
        2/8/2023Listed for sale$1,100,000+69.2%$729/sqft
        Source: Key West AOR #604126 Report a problem
        8/13/2019Listing removed$650,000$431/sqft
        Source: Island Breeze Realty, LLC #584299 Report a problem
        4/10/2019Price change$650,000-7.1%$431/sqft
        Source: Island Breeze Realty, LLC #584299 Report a problem
        2/14/2019Listed for sale$699,900+207%$464/sqft
        Source: Island Breeze Realty, LLC #584299 Report a problem
        2/28/2012Sold$228,000-8.8%$151/sqft
        Source: FLKMLS #548801 Report a problem
        9/3/2011Listed for sale$250,000$166/sqft
        Source: Island Breeze Realty, LLC #548800 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,226 +0.9%$605,301 +6.5%
        2024$6,170 +0.1%$568,385 +1.5%
        2023$6,160 -3.9%$559,904 -0.8%
        2022$6,408 +6.3%$564,673 +10%
        2021$6,027 +1.8%$513,339 +1.2%
        2020$5,922 $507,252 -3.2%
        2019$5,922 +4.9%$524,133 +1%
        2018$5,646 $518,726 +24%
        2017-- $418,490 +4.6%
        2016-- $400,131 +27%
        2015$4,480 $314,964
        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

        7 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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

        Browse local experts

        Similar homes