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58876 Overseas Highway, Marathon, FL 33050

$999,000
Property Type: Vacant Land Lot Size (sq. ft.): 56,488 Status: Active
Current Price: $999,000 List Date: 4/09/2026 Last Modified: 4/09/2026

Overview

Description

Rare opportunity to own a ROGO Exempt oceanfront property in Marathon! This expansive 56,488 sq. ft. parcel offers approximately 100 feet of direct ocean frontage and stretches nearly 570 feet deep, creating the perfect setting for a private estate or investment property. Previously improved with a residence (just recently removed), this cleared and buildable lot allows you to build immediately upon plan approval, saving valuable time and money in the development process. The unique depth of the property provides the opportunity for a long, private driveway, enhancing privacy and estate-like appeal. Enjoy endless open ocean views and refreshing ocean breezes from your future home. Zoned for weekly rentals, this property is ideal for developers or buyers seeking strong income potential in one of the Florida Keys' most desirable markets. Conveniently located just minutes from Marathon Jet Center, Dolphin Research Center, and an array of waterfront dining, shopping, and local attractio ...

Listing Details MLS# 619425

Location, Tax & Legal

Street #
58876
Street Name
Overseas
Street Suffix
Highway
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Grassy Key (58.9)
Area
19 - Crawl Key & Grassy Key
City
MARATHON
Mile Marker
58.9
Marathon Neighborhood
Grassy Key
Side
Ocean
Flood Zone
AE,AE,VE,AE,VE
Alternate Key #
1116751
Parcel #
00099990-000000
Zoning
RL - Residential Low
Deed Restrictions
Unknown
Legal
19 65 34 GRASSY KEY PT LOT 2 G62-425
Taxes
7850.18
Tax Year
2025

Contract Information

Listing Board
Key West Association
ROGO Exempt
Yes
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
Yes
Control Depth
2
Lot SqFt
56487.6
Lot Sqft Source
Property Data Card
Total Lots
Yes

Miscellaneous Info

Mobile Home Lot
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Rare opportunity to own a ROGO Exempt oceanfront property in Marathon! This expansive 56,488 sq. ft. parcel offers approximately 100 feet of direct ocean frontage and stretches nearly 570 feet deep, creating the perfect setting for a private estate or investment property. Previously improved with a residence (just recently removed), this cleared and buildable lot allows you to build immediately upon plan approval, saving valuable time and money in the development process. The unique depth of the property provides the opportunity for a long, private driveway, enhancing privacy and estate-like appeal. Enjoy endless open ocean views and refreshing ocean breezes from your future home. Zoned for weekly rentals, this property is ideal for developers or buyers seeking strong income potential in one of the Florida Keys' most desirable markets. Conveniently located just minutes from Marathon Jet Center, Dolphin Research Center, and an array of waterfront dining, shopping, and local attractions. Whether you're building a luxury residence or an income-producing vacation rental, this is a rare, ready-to-build oceanfront offering you don't want to miss.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

None
Yes

Tax Exemptions

None
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Neighborhood Feature

Other Area Features
Yes

Existing Utilities

Electric on Site
Yes
Water Line
Yes

BuildingPermit

Other Permit
Yes

Land Size

1 Less Than 2 Acres
Yes

Title

Negotiable
Yes

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Dockage: None Waterview: Ocean View; Open Water View Neighborhood Feature: Other Area Features Existing Utilities: Electric on Site; Water Line BuildingPermit: Other Permit Land Size: 1 Less Than 2 Acres Title: Negotiable
Listing Office: Coldwell Banker Schmitt Real Estate Co
Last Updated: April - 09 - 2026
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.