Under contract

$699,000

59761 Overseas Hwy, Grassy Key, FL 33050

2beds

1,496sqft

$4,505/mo

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Single Family Residence

Built in 1973

6,098 Square Feet Lot

$661,900 Zestimate^®

$467/sqft

$-- HOA

What's special

New water heaterInstant bay accessBrand-new doors and windowsLarge exterior storage building

Looking for a no-frills Florida Keys escape with unbeatable dockage? Welcome to your ultimate fish camp in Grassy Key! This standalone home with no HOA offers instant bay access and quick ocean access from a 60-foot deep-water dock. A large exterior storage building is perfect for all your gear. Inside, the home is spacious and has been updated with new electrical, a new water heater, brand-new doors and windows, and a newer metal roof (2020). Tucked away in the quieter part of Marathon yet easily accessible off US-1, it's the ideal weekend retreat for boaters and anglers.

308 days
42
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Cooling

Wall/Window Unit(s), Ceiling Fans(s)

Appliances

Included: Washer, Dryer, Refrigerator, Range, Oven

Features

Storage
Flooring: Tile, Vinyl, Wood

Interior area

Total structure area: 1,496
Total interior livable area: 1,496 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: RV Access/Parking, Storage

Features

Exterior features: Storage
On waterfront: Yes

Lot

Size: 6,098 Square Feet

Details

Additional structures: Shed(s)
Parcel number: 00376451002100
Zoning: RM - Residential Medium

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Manufactured

Condition

Year built: 1973

Utilities & green energy

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

Community & HOA

Community

Features: Community Boat Ramp, Bike Paths
Security: Security Guard
Subdivision: J. G. Estates (59.5)

HOA

Has HOA: No
Services included: None

Location

Region: Grassy Key

Financial & listing details

Price per square foot: $467/sqft
Tax assessed value: $495,150
Annual tax amount: $4,255
Date on market: 12/4/2025
Listing terms: Cash,Conventional
Body type: Double Wide

Estimated market value

$661,900

$629,000 - $695,000

$4,917/mo

Price history

Date	Event	Price
2/3/2026	Pending sale	$699,000$467/sqft
Source: MIAMI #A11933351 Report a problem
1/25/2026	Contingent	$699,000$467/sqft
Source: Key West AOR #615225 Report a problem
12/4/2025	Listed for sale	$699,000$467/sqft
Source: Key West AOR #615225 Report a problem
7/22/2025	Listing removed	$699,000$467/sqft
Source: MIAMI #A11827942 Report a problem
5/29/2025	Listed for sale	$699,000+277.8%$467/sqft
Source: MLKAR #615225 Report a problem
4/7/2011	Sold	$185,000-11.9%$124/sqft
Source: FLKMLS #554508 Report a problem
3/13/2011	Listed for sale	$210,000-37.3%$140/sqft
Source: Island Breeze Realty, LLC #554508 Report a problem
9/22/2004	Sold	$335,000$224/sqft
Source: FLKMLS #522069 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,422 +3.9%	$411,997 +10%
2024	$4,255 +11.3%	$374,543 +10%
2023	$3,823 +5.4%	$340,494 +10%
2022	$3,628 +9.3%	$309,540 +10%
2021	$3,318 +9.9%	$281,400 +10%
2020	$3,018	$255,818 +4.4%
2019	$3,018 +4.5%	$245,056 +0.6%
2018	$2,887 +8.7%	$243,528 +0.3%
2017	$2,655 +5%	$242,784 -2.1%
2016	$2,529 +1.1%	$247,955 +33.9%
2015	$2,501	$185,224