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$2,695,000
Marathon, FL 33050
MLS# 621246
2 beds | 2 baths | 1344 sqft
1 / 92
Property Description
A rare combination of land, privacy, boating, and open-water living awaits on approximately half an acre of Gulf-front paradise in Grassy Key. With panoramic water views, a private beach, waterfront dock with a 20,000-pound boat lift, heated concrete pool, and lush tropical grounds, this property captures the very best of Florida Keys living. Surrounded by mature landscaping, the two-bedroom, two-bath residence enjoys a peaceful, private setting with beautiful Gulf views. Light-filled living spaces embrace the waterfront surroundings, while the kitchen features granite countertops and stainless steel appliances. Both bedrooms offer private baths for owners and guests alike. Step outside and the Keys lifestyle comes alive. Walk to your private sandy beach, lower the boat from your 20,000-pound lift for a day on the water, relax beside the heated pool, or watch the sun disappear over the Gulf from your own shoreline. Expansive grounds and tropical landscaping provide a level of space and privacy that can be difficult to find in the Keys. The property also boasts an exceptional rental history, consistently renting approximately 50 weeks per year and generating roughly $175,000 in annual rental revenue--a testament to the tremendous appeal of this waterfront setting. Whether you're searching for a private Keys retreat or a proven vacation rental investment, this Grassy Key property offers an extraordinary combination of lifestyle and opportunity. Private beach. Open Gulf views. Boating. Pool. Half an acre of tropical privacy. This is the Florida Keys lifestyle people dream about.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $2,695,000
Listing Date: 2026-09-09
List Price: $2,695,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 52
Marathon Neighborhood: Behind the Airport
Side: Bay/Gulf
Flood Zone: VE
Alternate Key #: 1116289
Parcel #: 00099510000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: 26 65 33 Grassy Key Pt Lot 1 G73-252/253 Or793-253/254-Aff Or805-1346D/C Or805-1348 Or902-1121Ag Or1088-850 Or1206-1864/
Taxes: 17632.6
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 57457
Street Name: Morton
Street Suffix: Street
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Sea-Air Estates (52.0)
Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot Size: X
Lot SqFt: 20265
Pool: Yes
Lot Sqft Source: Property Data Card
Acres: 0.46
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Single Family
Year Built: 1954
Living Apx SqFt: 1344
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: A rare combination of land, privacy, boating, and open-water living awaits on approximately half an acre of Gulf-front paradise in Grassy Key. With panoramic water views, a private beach, waterfront dock with a 20,000-pound boat lift, heated concrete pool, and lush tropical grounds, this property captures the very best of Florida Keys living.
Surrounded by mature landscaping, the two-bedroom, two-bath residence enjoys a peaceful, private setting with beautiful Gulf views. Light-filled living spaces embrace the waterfront surroundings, while the kitchen features granite countertops and stainless steel appliances. Both bedrooms offer private baths for owners and guests alike.
Step outside and the Keys lifestyle comes alive. Walk to your private sandy beach, lower the boat from your 20,000-pound lift for a day on the water, relax beside the heated pool, or watch the sun disappear over the Gulf from your own shoreline. Expansive grounds and tropical landscaping provide a level of space and privacy that can be difficult to find in the Keys.
The property also boasts an exceptional rental history, consistently renting approximately 50 weeks per year and generating roughly $175,000 in annual rental revenue--a testament to the tremendous appeal of this waterfront setting.
Whether you're searching for a private Keys retreat or a proven vacation rental investment, this Grassy Key property offers an extraordinary combination of lifestyle and opportunity.
Private beach. Open Gulf views. Boating. Pool. Half an acre of tropical privacy. This is the Florida Keys lifestyle people dream about.
Directions: Turn onto Kyle Avenue off of US 1, stay straight then take a left on Morton street, the home is the second one on the right
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
Transient Rntl Licns: Yes
Fee Includes
None: 1
Dockage
Dock Length: 300
Dock: Wood
Boat Lift: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Floor
Tile: 1
Neighborhood Feature
Airstrip: 1
Beach: 1
Bike Paths: 1
Community Boat Ramp: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Granite Counter Top: 1
Smoke Alarms: 1
Storage: 1
Window Treatments: 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: No
Stories: 1 Story
Windows/Doors
Casement: 1
Glass Doors: 1
Jalousie Windows: 1
Single Hung Windows: 1
Vehicle Storage
Garage: 1
Open Parking: 1
Attached: 1
Construction
Frame: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Roof Top Deck: 1
Title
Negotiable: 1
Exterior Features
Fencing: 1
Fruit Tree(s): 1
Lanai: 1
Lighting: 1
Sandy Beach: 1
Storage: 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Roof
Metal Roof: 1
Shutters
Accordion: 1
Bahama: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Lift
Vehicle Storage: Garage; Attached; Open Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Granite Counter Top; Smoke Alarms; Storage; Window Treatments
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Fruit Tree(s); Lanai; Lighting; Sandy Beach; Storage
Pool Info: In Ground; Concrete
Construction: Frame
Shutters: Accordion; Bahama
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Tennis Courts
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional; FHA; VA
Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: September - 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.