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57520 Overseas Highway, Marathon, FL 33050

$1,600,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,815 Lot Size (sq. ft.): 116,740 Status: Closed
Current Price: $1,600,000 List Date: 2/23/2024 Last Modified: 9/02/2024

Overview

Description

This captivating beachfront property is nestled on the Oceanside of Grassy Key. This property boasts approximately 235 feet of pristine beachfront, a rare treasure in this sought-after location. Encompassing a substantial expanse of approximately 2.68 acres, this stilted single-family home lot stands as a canvas for transformation. The existing concrete home has a standing seam metal roof and is on durable stilts with a concrete pad beneath. While the existing home is habitable, it presents an enticing canvas for renovation, expansion, or even a complete redevelopment to craft your dream coastal haven. The property's RL zoning permits the construction of a primary residence, as well as additional accessory structures, providing ample space for all your desires such as a pool, tiki, gazebos etc. Set on the outskirts of Marathon makes access from the mainland convenient, enhancing the appeal of this truly exclusive haven.This property is not only a canvas for architectural creativity ...

Listing Details MLS# 606512

Location, Tax & Legal

Street #
57520
Street Name
Overseas
Street Suffix
Highway
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Crains Sub (58.0)
Area
19 - Crawl Key & Grassy Key
City
MARATHON
Off Shore Island
No
Mile Marker
58
Marathon Neighborhood
Grassy Key
Side
Ocean
Flood Zone
VE-11
Alternate Key #
1457639
Parcel #
00374560-000000
Zoning
RL - Residential Low
Deed Restrictions
Unknown
Legal
SQR 58 LOTS 1-4 CRAINS SUBD PB1-51 GRASSY KEY
Taxes
5319.49
Tax Year
2022
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
Yes

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Pool
No
Year Built
1994
Lot SqFt
116740
Lot Sqft Source
Tax Records
Acres
2.68
Living Apx SqFt
1815
SqFt Source
Tax Records
Total Bedrooms
2
Full Baths
2
Total Baths
2
Rentals Allowed
Yes
Min Rental Days
7
Control Depth
0
Total Units
0

Status Change Info

Sold Date
2024-04-17

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
Yes
Stilt Column Height
Medium - 5Ft - 9Ft

More Information

Vehicle Storage

Car(s)
4+
Covered Parking
Yes
Guest Parking
Yes
Open Parking
Yes
RV Parking Open
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Financial Status

Auction
No
Bank Owned
No
Potential Short Sale
No
Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
This captivating beachfront property is nestled on the Oceanside of Grassy Key. This property boasts approximately 235 feet of pristine beachfront, a rare treasure in this sought-after location. Encompassing a substantial expanse of approximately 2.68 acres, this stilted single-family home lot stands as a canvas for transformation. The existing concrete home has a standing seam metal roof and is on durable stilts with a concrete pad beneath. While the existing home is habitable, it presents an enticing canvas for renovation, expansion, or even a complete redevelopment to craft your dream coastal haven. The property's RL zoning permits the construction of a primary residence, as well as additional accessory structures, providing ample space for all your desires such as a pool, tiki, gazebos etc. Set on the outskirts of Marathon makes access from the mainland convenient, enhancing the appeal of this truly exclusive haven.This property is not only a canvas for architectural creativity but also an invitation to an active and versatile lifestyle. The vast expanse of land accommodates various possibilities, from creating a palatial private estate with all the luxuries imaginable, to incorporating space for RV, campers, kayaks, and paddle boards embodying the ultimate waterfront living experience. There's a letter of site condition available upon request. The uplands area, estimated to be around 65,000 square feet more or less, contributes to the property's unique character and potential. Prospective buyers are encouraged to obtain a survey to fully appreciate the dimensions and potential of this remarkable property. What's more, the existing home on the property provides the distinct advantage of allowing redevelopment without the need to navigate through the BPAS or ROGO processes, streamlining the path to realizing your coastal paradise. Seize this rare opportunity to own an extensive beachfront property!
Directions
Property is located Oceanside in Grassy Key immediately across the street from Kyle Ave.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

Homestead
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Floor

Tile
Yes

Neighborhood Feature

Airstrip
Yes
Beach
Yes
Bike Paths
Yes

Windows/Doors

Single Hung Windows
Yes

Construction

CBS
Yes

Land Size

2 Less Than 5 Acres
Yes

Furnished

Partially
Yes

Utilities

Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Porch/Balcony

Screened P/B
Yes

Roof

Metal Roof
Yes

Shutters

Panel
Yes
Other
Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: None Vehicle Storage: Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Partially Cooling: Ceiling Fans(s); Central Air Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator Construction: CBS Shutters: Panel; Other Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths Land Size: 2 Less Than 5 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 02 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.