57520 Overseas Hwy, Marathon, FL 33050

$1,600,000
2
BD
2
BA
1,815
SqFt

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Sold Price
$1,600,000
List Price
$1,779,000
Closing Date
Apr 17, 2024
MLS#
606512
Status
CLOSED
Island
Marathon
County
Monroe
City
Marathon
Area
Crawl Key & Grassy Key
Subdivision
Crains Sub (58.0)
Neighborhood
19 - Crawl Key & Grassy Key
Bedrooms
2
Bathrooms
2
Living Area
1,815
Acres
2.68
Year Built
1994
Days on Market
54

Property Description

This captivating beachfront property is nestled on the Oceanside of Grassy Key. This property boasts approximately 235 feet of pristine beachfront, a rare treasure in this sought-after location. Encompassing a substantial expanse of approximately 2.68 acres, this stilted single-family home lot stands as a canvas for transformation. The existing concrete home has a standing seam metal roof and is on durable stilts with a concrete pad beneath. While the existing home is habitable, it presents an enticing canvas for renovation, expansion, or even a complete redevelopment to craft your dream coastal haven. The property's RL zoning permits the construction of a primary residence, as well as additional accessory structures, providing ample space for all your desires such as a pool, tiki, gazebos etc. Set on the outskirts of Marathon makes access from the mainland convenient, enhancing the appeal of this truly exclusive haven.This property is not only a canvas for architectural creativity but also an invitation to an active and versatile lifestyle. The vast expanse of land accommodates various possibilities, from creating a palatial private estate with all the luxuries imaginable, to incorporating space for RV, campers, kayaks, and paddle boards embodying the ultimate waterfront living experience. There's a letter of site condition available upon request. The uplands area, estimated to be around 65,000 square feet more or less, contributes to the property's unique character and potential. Prospective buyers are encouraged to obtain a survey to fully appreciate the dimensions and potential of this remarkable property. What's more, the existing home on the property provides the distinct advantage of allowing redevelopment without the need to navigate through the BPAS or ROGO processes, streamlining the path to realizing your coastal paradise. Seize this rare opportunity to own an extensive beachfront property!

Additional Information

Taxes
$5,319
Appliances
Dishwasher, Refrigerator, Range, Oven, Microwave
Roof
Metal
Waterfront
Yes
Zoning
RL - Residential Low

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Listing Courtesy Of Coldwell Banker Schmitt Real Estate Co., Contact: 305-743-5181

Selling Office: .