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$699,000
Marathon, FL 33050
MLS# 620713
3 beds | 2 baths | 1456 sqft
1 / 47
Property Description
Welcome to 203 Peachtree Avenue, a well-maintained 3-bedroom, 2-bath stilt home in Grassy Key offering peaceful salt pond views and plenty of space to enjoy the Florida Keys lifestyle. Set on a rare, fully fenced double lot, this property offers an exceptional amount of outdoor space that is hard to find in the Keys. Whether you envision room for pets to roam, space to garden, additional parking for trailers and recreational vehicles, or simply enjoying the privacy of a larger homesite, this oversized property provides endless possibilities. Inside, the home features 1,456 square feet of bright, open living space with wood-look flooring, a spacious kitchen with ample cabinetry and counter space, and a convenient laundry room. Large windows and sliding glass doors fill the home with natural light while opening to the expansive wraparound porch, where you can relax and enjoy tranquil salt pond views. The elevated design offers abundant covered parking and storage below, with column height tall enough to accommodate a boat, RV, or multiple vehicles. A metal roof, concrete pilings, tropical landscaping, and a private hot tub add to the home's appeal. Located just moments from Sunset Bay Park in Grassy Key, you'll enjoy a peaceful island setting while remaining close to Marathon's restaurants, shopping, marinas, and everyday conveniences. Whether you're searching for a full-time residence, weekend getaway, or island retreat with room to spread out, this unique property combines privacy, versatility, and the laid-back Florida Keys lifestyle.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Current Price: $699,000
Listing Date: 2026-07-22
List Price: $699,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 58
Marathon Neighborhood: Grassy Key
Side: Bay/Gulf
Flood Zone: AE-9
Alternate Key #: 1456403
Parcel #: 00373320-000000
Zoning: RM-1 - Residential Medium - 1
Deed Restrictions: Unknown
Legal: BK 50 LTS 15 & 16 CRAINS SUBD PB1-51 OF GRASS KEY PT SECS 24-25-26 TWP 65S R 33E
Taxes: 4878.81
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 203
Street Name: Peachtree
Street Suffix: Avenue
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Crains Sub (58.0)
Area: 19 - Crawl Key & Grassy Key
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 4
Lot Size: 120 X 125
Lot SqFt: 15000
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.34
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Single Family
Year Built: 2006
Living Apx SqFt: 1456
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Welcome to 203 Peachtree Avenue, a well-maintained 3-bedroom, 2-bath stilt home in Grassy Key offering peaceful salt pond views and plenty of space to enjoy the Florida Keys lifestyle.
Set on a rare, fully fenced double lot, this property offers an exceptional amount of outdoor space that is hard to find in the Keys. Whether you envision room for pets to roam, space to garden, additional parking for trailers and recreational vehicles, or simply enjoying the privacy of a larger homesite, this oversized property provides endless possibilities.
Inside, the home features 1,456 square feet of bright, open living space with wood-look flooring, a spacious kitchen with ample cabinetry and counter space, and a convenient laundry room. Large windows and sliding glass doors fill the home with natural light while opening to the expansive wraparound porch, where you can relax and enjoy tranquil salt pond views.
The elevated design offers abundant covered parking and storage below, with column height tall enough to accommodate a boat, RV, or multiple vehicles. A metal roof, concrete pilings, tropical landscaping, and a private hot tub add to the home's appeal.
Located just moments from Sunset Bay Park in Grassy Key, you'll enjoy a peaceful island setting while remaining close to Marathon's restaurants, shopping, marinas, and everyday conveniences.
Whether you're searching for a full-time residence, weekend getaway, or island retreat with room to spread out, this unique property combines privacy, versatility, and the laid-back Florida Keys lifestyle.
Directions: In Grassy Key turn off US-1 onto Peach Tree Ave, home is the first house on the right.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
Salt Ponds: 1
Floor
Carpet: 1
Laminate: 1
Neighborhood Feature
Airstrip: 1
Beach: 1
Bike Paths: 1
Interior Features
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Building Style
Above Flood: Yes
Windows/Doors
Single Hung Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 4+
Covered Parking: 1
Guest Parking: 1
Open Parking: 1
RV Parking Covered: 1
RV Parking Open: 1
Trailer Storage: 1
Security
Patrolled Area: 1
Construction
Modular: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Unfurnished: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Exterior Features
Hot Tub: 1
Shed: 1
Storage: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Shutters
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: None
Waterview: Salt Ponds
Dockage: None
Vehicle Storage: Covered Parking; Guest Parking; Open Parking; RV Parking Covered; RV Parking Open; Trailer Storage
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Hot Tub; Shed; Storage
Construction: Modular
Shutters: Panel
Floor: Carpet; Laminate
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Beach; Bike Paths
Security: Patrolled Area
Land Size: 1/4 - 1/2 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: July - 22 - 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.