Skip main navigation
Sold for $2,525,000
    • $2,525,000

    86 Pelican Rd, Grassy Key, FL 33050

    4beds
    2,012sqft
    Single Family Residence
    Built in 1963
    0.55 Acres Lot
    $2,755,300 Zestimate®
    $1,255/sqft
    $4,388 Estimated rent

    Home value

    $2,755,300

    $2.53M - $3.03M

    $4,388/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,388/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,388/mo

    Rent Zestimate®

    Refinance and save

    $15,211/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $15,211/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Experience this serene paradise at this four-bedroom Marathon bayfront home on Grassy Key. Immerse yourself in coastal living with a private beach on the Florida Bay, stunning ocean views, a swimming pool, and a dock offering unparalleled access to the Florida Keys lifestyle. This fully furnished vacation rental is adorned with tropical decor, blending luxury with island charm. Step into the spacious living area, illuminated by soaring ceilings and natural light. The kitchen offers updated appliances and ample space for meal preparation, perfect for gatherings. Outdoor living takes center stage with an expansive outside area featuring a kitchen and living space, ideal for al fresco entertainment. A downstairs tackle/storage room caters to avid anglers, while the heated pool and chiller ensure year-round comfort. The dock has a step down section to launch kayaks, 27,000 lb boat lift, additional 40'+ dockage with cleats and bumpers, fish cleaning table, anglers chairs. With all impact doors and windows and a metal roof, this home provides durability and peace of mind. Recent additions include a primary suite with his and her closets and a private porch with pool access, newer air conditioning units. From sunrise to sunset, this outdoor oasis offers unforgettable moments amidst the natural beauty of the Florida Keys. Take your chance to make this tranquil slice of paradise your own. Schedule your private showing today and claim this exquisite Marathon residence for yourself.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mallory Ocean Realty Pinto,

    Ocean Sotheby's International

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 608708MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Ice Maker, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 2,012
    • Total interior livable area: 2,012 sqft

    Property

    Parking
    • Parking features: RV Access/Parking, Storage
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Deck
    • Exterior features: Bar, Built-in Barbecue, Lighting, Outdoor Kitchen, Sandy Beach
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 0.55 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00375890000000
    • Zoning: RL - Residential Low

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Utilities for property: Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Security: Security Gate, Security Guard
    • Subdivision: Grassy Key (58.9)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Grassy Key

    Financial & listing details

    • Price per square foot: $1,255/sqft
    • Tax assessed value: $2,057,990
    • Annual tax amount: $18,924
    • Date on market: 2/13/2024

    Price history

    DateEventPrice
    8/19/2024Sold$2,525,000-9.7%$1,255/sqft
    Source: FLKMLS #608708 Report a problem
    7/22/2024Pending sale$2,795,000$1,389/sqft
    Source: FLKMLS #608708 Report a problem
    6/24/2024Contingent$2,795,000$1,389/sqft
    Source: FLKMLS #608708 Report a problem
    6/17/2024Price change$2,795,000-3.5%$1,389/sqft
    Source: FLKMLS #608708 Report a problem
    5/30/2024Price change$2,895,000-3.3%$1,439/sqft
    Source: FLKMLS #608708 Report a problem
    4/18/2024Price change$2,995,000-6.4%$1,489/sqft
    Source: FLKMLS #608708 Report a problem
    2/13/2024Listed for sale$3,199,000+541.1%$1,590/sqft
    Source: FLKMLS #608708 Report a problem
    8/7/2013Listing removed$499,000$248/sqft
    Source: Visual Tour #558306 Report a problem
    5/30/2013Price change$499,000+33166.7%$248/sqft
    Source: Visual Tour #558306 Report a problem
    5/22/2013Price change$1,500-99.7%$1/sqft
    Source: Visual Tour Report a problem
    5/11/2013Price change$499,000+33166.7%$248/sqft
    Source: Visual Tour Report a problem
    4/19/2013Listed for sale$1,500-99.7%$1/sqft
    Source: Visual Tour Report a problem
    11/27/2012Sold$470,000-14.4%$234/sqft
    Source: Public Record Report a problem
    3/16/2011Price change$549,000-12.7%$273/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #550505 Report a problem
    10/21/2010Price change$629,000-10%$313/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #550505 Report a problem
    10/11/2010Price change$699,000+11.1%$347/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #550505 Report a problem
    10/3/2010Price change$629,000-10%$313/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #550505 Report a problem
    5/26/2010Price change$699,000-3.6%$347/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #550505 Report a problem
    11/7/2009Price change$725,000-3.3%$360/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #548639 Report a problem
    5/15/2009Listed for sale$750,000$373/sqft
    Source: Coldwell Banker** #548639 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,586 -7.6%$2,057,990 +11%
    2024$20,116 +6.3%$1,853,457 +10%
    2023$18,924 +16.4%$1,684,961 +10%
    2022$16,257 +8.8%$1,531,783 +10%
    2021$14,947 +11.9%$1,392,530 +10%
    2020$13,363 $1,265,936 -1%
    2019$13,363 +4.3%$1,278,360 +0.7%
    2018$12,813 +9.4%$1,269,986 +14.7%
    2017$11,715 +10.5%$1,106,917 +0.2%
    2016$10,598 +2.3%$1,104,216 +9.9%
    2015$10,358 $1,004,682
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby homes

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,755,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,755,300

    Nearby cities

    Nearby zip codes

    Other Marathon Topics

      Search
      Updates
      Favorites
      Plan
      Inbox