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$850,000
Marathon, FL 33050
MLS# 618474
3 beds | 2 baths | 1509 sqft
1 / 53
Property Description
Wake up to breathtaking open water views and embrace the ultimate Florida Keys lifestyle in this oceanfront A-frame located in the private, highly sought-after Lion's Lair community in Marathon. Opportunities like this are rare--where exceptional amenities, privacy, and value come together in one stunning property. This well-built half duplex welcomes you with sweeping ocean views the moment you step inside, complemented by impact windows and doors for peace of mind. Offering 3 bedrooms, 2 baths, plus a versatile lofted office space, the home is designed for both comfort and flexibility. Step outside to your spacious waterfront deck--perfect for morning coffee at sunrise or unwinding with evening cocktails as the ocean breeze rolls in. The true highlight is the unmatched collection of community amenities: Enjoy a private marina with dockage for boats up to 25', a convenient boat ramp, boat trailer storage, a resort-style pool, tiki hut, clubhouse, and a scenic paved walkway leading to a tranquil jetty point--ideal for sunset strolls or simply soaking in the coastal beauty. Positioned in one of the most desirable and private locations within Lion's Lair, this home offers both seclusion and easy access to all amenities. With low association fees of just $1,500 per year and no rentals allowed, you'll enjoy a peaceful, owner-focused environment without the disruption of short-term vacation traffic. This is more than a home--it's a rare opportunity to own a piece of paradise in a premier waterfront setting. Schedule your private showing today.
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: $850,000
Listing Date: 2026-02-04
List Price: $850,000
Location, Tax & Legal
Unit #: 48
City: MARATHON
Off Shore Island: No
Mile Marker: 58.9
Marathon Neighborhood: Grassy Key
Side: Ocean
Flood Zone: AE,VE,AE
Alternate Key #: 9063957
Handicap Access: No
Parcel #: 00099980-004800
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: PARCEL 48 LION'S LAIR COOPERATIVE OR1937-2310/2422DEC OR2129-1866/69 OR2559-1315/18
Taxes: 6226.03
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 58950
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
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 3
Lot SqFt: 3651
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.08
SqFt Source: Property Data Card
Rentals Allowed: No
Style: Half Duplex
Year Built: 1982
Living Apx SqFt: 1509
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Wake up to breathtaking open water views and embrace the ultimate Florida Keys lifestyle in this oceanfront A-frame located in the private, highly sought-after Lion's Lair community in Marathon. Opportunities like this are rare--where exceptional amenities, privacy, and value come together in one stunning property.
This well-built half duplex welcomes you with sweeping ocean views the moment you step inside, complemented by impact windows and doors for peace of mind. Offering 3 bedrooms, 2 baths, plus a versatile lofted office space, the home is designed for both comfort and flexibility.
Step outside to your spacious waterfront deck--perfect for morning coffee at sunrise or unwinding with evening cocktails as the ocean breeze rolls in.
The true highlight is the unmatched collection of community amenities:
Enjoy a private marina with dockage for boats up to 25', a convenient boat ramp, boat trailer storage, a resort-style pool, tiki hut, clubhouse, and a scenic paved walkway leading to a tranquil jetty point--ideal for sunset strolls or simply soaking in the coastal beauty.
Positioned in one of the most desirable and private locations within Lion's Lair, this home offers both seclusion and easy access to all amenities.
With low association fees of just $1,500 per year and no rentals allowed, you'll enjoy a peaceful, owner-focused environment without the disruption of short-term vacation traffic.
This is more than a home--it's a rare opportunity to own a piece of paradise in a premier waterfront setting. Schedule your private showing today.
Directions: On Overseas Hwy on Grassy key, turn onto 3rd street(Ocean Side) across from Dolphin Research Center. Last unit on the left before you hit the water
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Assoc Approval Req: Yes
Association Fee $: 1500
Assoc/Mnt Fee Per: Yearly
Fee Includes
Common Area Mnt: 1
Dockage
Assigned Dock: 1
Boat Ramp: 1
Dock Privileges: 1
Tax Exemptions
None: 1
Appliances
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Pets
Pets w/Restrictions: Service Dogs Cats OK
Cooling
Ceiling Fans(s): 1
Central Air: 1
Wall/Window Unit(s): 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Tile: 1
Vinyl: 1
Neighborhood Feature
Beach: 1
Clubhouse: 1
Community Boat Ramp: 1
Community Dockage: 1
Community Pool: 1
Interior Features
Bar: 1
Granite Counter Top: 1
Building Style
A-Frame: 1
Above Flood: Unknown
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Guest Parking: 1
Open Parking: 1
Off Street Parking: 1
Security
No Security: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Partially: 1
Terms
Cash: 1
No Seller Finance: 1
Other Specify: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Chickee Hut: 1
Sandy Beach: 1
Shed: 1
Pool Info
In Ground: 1
Heated: Yes
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Assigned Dock; Boat Ramp; Dock Privileges
Building Style: A-Frame
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking
Furnished: Partially
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Bar; Granite Counter Top
Pre-Wired: Cable
Appliances: Dryer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Chickee Hut; Sandy Beach; Shed
Pool Info: In Ground
Construction: Frame
Floor: Tile; Vinyl
Roof: Metal Roof
Neighborhood Feature: Beach; Clubhouse; Community Boat Ramp; Community Dockage; Community Pool
Security: No Security
Land Size: Less Than 1/4 Acre
Terms: Cash; No Seller Finance; Other Specify
Title: Negotiable
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: April - 07 - 2026
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