58876 Overseas Hwy, Marathon, FL 33050

$900,000

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Sold Price
$900,000
List Price
$999,000
Closing Date
Jun 29, 2026
MLS#
619425
Status
CLOSED
Island
Marathon
County
Monroe
City
Marathon
Area
Crawl Key & Grassy Key
Subdivision
Grassy Key (58.9)
Neighborhood
19 - Crawl Key & Grassy Key
Acres
1.30
Days on Market
81

Property Description

Rare opportunity to own a ROGO Exempt oceanfront property in Marathon! This expansive 56,488 sq. ft. parcel offers approximately 100 feet of direct ocean frontage and stretches nearly 570 feet deep, creating the perfect setting for a private estate or investment property. Previously improved with a residence (just recently removed), this cleared and buildable lot allows you to build immediately upon plan approval, saving valuable time and money in the development process. The unique depth of the property provides the opportunity for a long, private driveway, enhancing privacy and estate-like appeal. Enjoy endless open ocean views and refreshing ocean breezes from your future home. Zoned for weekly rentals, this property is ideal for developers or buyers seeking strong income potential in one of the Florida Keys' most desirable markets. Conveniently located just minutes from Marathon Jet Center, Dolphin Research Center, and an array of waterfront dining, shopping, and local attractions. Whether you're building a luxury residence or an income-producing vacation rental, this is a rare, ready-to-build oceanfront offering you don't want to miss.

Additional Information

Taxes
$7,850
Waterfront
Yes
Control Depth
2
Zoning
RL - Residential Low

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Calculator source: Real Geeks

Listing Courtesy Of Coldwell Banker Schmitt Real Estate Co, Contact: 305-809-1400

Selling Office: .