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$3,695,000
Marathon, FL 33050
MLS# 621552
1 / 11
Property Description
OCEANFRONT NEW CONSTRUCTION on Grassy Key in Marathon! Construction is anticipated to begin at the beginning of 2027. An exceptional opportunity to own a stunning contemporary residence overlooking the Atlantic Ocean. Situated on a 60' wide oceanfront lot, this thoughtfully designed home will offer 5 bedrooms, 4.5 bathrooms, spacious open-concept living areas, and an abundance of outdoor space to enjoy the Florida Keys lifestyle. Featuring modern coastal architecture, expansive windows, generous covered porches, and multiple balconies, the home is designed to embrace its beautiful oceanfront setting. Highlights include an open-concept design seamlessly connects the spacious kitchen, dining area, and great room. Expansive covered porches extend the living area outdoors, offering plenty of room to relax, dine, and enjoy the ocean breeze. Additional highlights include an elevator, generous garage and storage space, and a swimming pool. For those looking to create their own coastal retreat, the oceanfront lot is also available for purchase separately for $895,000 prior to the start of construction. The adjacent oceanfront lot is also available for sale, offering the rare opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage! Images are architectural renderings of the proposed residence. Final plans, features, and specifications are subject to change.
Details
Maps
Contract Information
Listing Board: Florida Keys
ROGO Exempt: Yes
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $3,695,000
Listing Date: 2026-10-08
List Price: $3,695,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 58
Marathon Neighborhood: Grassy Key
Side: Ocean
Flood Zone: VE,AE,AE,VE
Alternate Key #: 1450120
Parcel #: 00366950-000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: BK 1 LT 16 CRAINS SUBD PB1-51 OF GRASSY KEY PT SECS 24-25-26 TWP 65S R 33E OR199-307/08 OR1614-617/18R/S OR1614-619/21/A
Taxes: 3820.69
Tax Year: 2025
Street #: 58550
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
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 1
Lot SqFt: 18800
Lot Dimensions: 60 X 355
Lot Sqft Source: Property Data Card
Remarks & Misc
Remarks – Consumer: OCEANFRONT NEW CONSTRUCTION on Grassy Key in Marathon! Construction is anticipated to begin at the beginning of 2027. An exceptional opportunity to own a stunning contemporary residence overlooking the Atlantic Ocean. Situated on a 60' wide oceanfront lot, this thoughtfully designed home will offer 5 bedrooms, 4.5 bathrooms, spacious open-concept living areas, and an abundance of outdoor space to enjoy the Florida Keys lifestyle.
Featuring modern coastal architecture, expansive windows, generous covered porches, and multiple balconies, the home is designed to embrace its beautiful oceanfront setting. Highlights include an open-concept design seamlessly connects the spacious kitchen, dining area, and great room. Expansive covered porches extend the living area outdoors, offering plenty of room to relax, dine, and enjoy the ocean breeze. Additional highlights include an elevator, generous garage and storage space, and a swimming pool.
For those looking to create their own coastal retreat, the oceanfront lot is also available for purchase separately for $895,000 prior to the start of construction. The adjacent oceanfront lot is also available for sale, offering the rare opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage!
Images are architectural renderings of the proposed residence. Final plans, features, and specifications are subject to change.
Directions: Right off the highway on Grassy Key - oceanside
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
None: 1
Tax Exemptions
None: 1
Waterfront
Oceanfront: 1
Waterview
Ocean View: 1
BuildingPermit
Active Permit: 1
Other Permit: 1
Land Size
1/4 - 1/2 Acre: 1
Title
Title Ins - Buyer: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Oceanfront
Dockage: None
Waterview: Ocean View
BuildingPermit: Active Permit; Other Permit
Land Size: 1/4 - 1/2 Acre
Title: Title Ins - Buyer
Listing Office: Coastal Realty of the Florida Keys
Last Updated: October - 08 - 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.