Search
$895,000
Marathon, FL 33050
MLS# 621551
1 / 6
Property Description
OCEANFRONT LOT WITH A TRANSFERABLE BUILDING RIGHT ALREADY IN PLACE! An exceptional opportunity to build your dream home on Grassy Key in Marathon! This 60' wide oceanfront lot offers unobstructed views of the Atlantic Ocean and the flexibility to build now or in the future. With a transferable building right already in place, simply complete your architectural plans and obtain the necessary approvals and permits from the City of Marathon. Design your own coastal retreat and enjoy the beauty of oceanfront living in the Florida Keys! The adjacent oceanfront lot is also available for purchase, offering the opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage. The adjacent lot must be purchased prior to the start of construction, which is anticipated to begin in early 2027
Details
Maps
Contract Information
Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $895,000
Listing Date: 2026-10-08
List Price: $895,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 58
Marathon Neighborhood: Grassy Key
Side: Ocean
Flood Zone: VE,AE,AE,VE
Alternate Key #: 1450111
Parcel #: 00366940-000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: BK 1 LT 15 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: 3794.53
Tax Year: 2025
Street #: 58560
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: 21000
Lot Dimensions: 60 X 350
Lot Sqft Source: Property Data Card
Remarks & Misc
Remarks – Consumer: OCEANFRONT LOT WITH A TRANSFERABLE BUILDING RIGHT ALREADY IN PLACE! An exceptional opportunity to build your dream home on Grassy Key in Marathon! This 60' wide oceanfront lot offers unobstructed views of the Atlantic Ocean and the flexibility to build now or in the future. With a transferable building right already in place, simply complete your architectural plans and obtain the necessary approvals and permits from the City of Marathon. Design your own coastal retreat and enjoy the beauty of oceanfront living in the Florida Keys! The adjacent oceanfront lot is also available for purchase, offering the opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage. The adjacent lot must be purchased prior to the start of construction, which is anticipated to begin in early 2027
Directions: Right off highway at MM58.5 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
Terms
No Seller Finance: 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
Terms: No Seller Finance
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.