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  • 277 Peachtree Avenue, Marathon, FL 33050 (MLS# 618046)

277 Peachtree Avenue, Marathon, FL 33050

$699,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,584 Lot Size (sq. ft.): 15,000 Status: Active
Current Price: $699,000 List Date: 1/10/2026 Last Modified: 2/15/2026

Description

Great investment home on Grassy Key is situated on a rare double corner lot totaling over 15,000 square feet. This 3 bedroom, 2 bath home has been recently updated with new flooring, renovated bathrooms, new washer/dryer and new stainless steel appliances. Seven day rentals are allowed. There is a salt pond, Lake Edna, directly across the street adding to the privacy of this unique property that offers a secluded ''Old Florida'' feel that is increasingly hard to find. Among the mature landscaping, you'll find producing banana, papaya and coconut trees. Grassy Key itself is a laid back community with beaches, restaurants, state parks, shops all within a short drive. This property is 2 miles from the planned Valhalla Island Resort. Don't let this unique investment opportunity to pass you by!

More Information MLS# 618046

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: No Current Price: $699,000 Listing Date: 2026-01-10 List Price: $699,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 58 Marathon Neighborhood: Grassy Key Side: Bay/Gulf Flood Zone: AE Alternate Key #: 1456357 Handicap Access: No Parcel #: 00373270-000000 Zoning: RL-C - Residential Low - Conservation Deed Restrictions: Yes Legal: BK 50 LTS 9 AND 10 CRAINS SUBD OF GRASSY KEY PB1-51 OR481-979 OR524-634 OR804-669 OR805-980Q/C OR808-466Q/C OR812-1488 Taxes: 4836.21 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 277 Street Name: Peachtree Street Suffix: Avenue 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: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 15000 Pool: No Lot Sqft Source: Tax Records Total Units: 0 Acres: 0.34 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Single Family Year Built: 1968 Living Apx SqFt: 1584 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Great investment home on Grassy Key is situated on a rare double corner lot totaling over 15,000 square feet. This 3 bedroom, 2 bath home has been recently updated with new flooring, renovated bathrooms, new washer/dryer and new stainless steel appliances. Seven day rentals are allowed. There is a salt pond, Lake Edna, directly across the street adding to the privacy of this unique property that offers a secluded ''Old Florida'' feel that is increasingly hard to find. Among the mature landscaping, you'll find producing banana, papaya and coconut trees. Grassy Key itself is a laid back community with beaches, restaurants, state parks, shops all within a short drive. This property is 2 miles from the planned Valhalla Island Resort. Don't let this unique investment opportunity to pass you by!

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

Salt Ponds: 1 None: 1

Waterview

Salt Ponds: 1

Floor

Laminate: 1

Building Style

Above Flood: No Stories: 2 Stories

Windows/Doors

Glass Doors: 1 Sliding Glass Doors: 1

Construction

CBS: 1

Land Size

More than 1 Lot: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 VA: 1

Utilities

Buyer to Verify: 1 Cable Available: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Salt Ponds; None Waterview: Salt Ponds Dockage: None Furnished: Furnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Construction: CBS Floor: Laminate Pets: Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional; VA

Room Information

Kitchen Level: Main Dining Room Level: Main Bedroom 1 Level: Main Bedroom 2 Level: Second Bedroom 3 Level: Second Other Room Level: Second Full Bathroom Level: Main Full Bathroom Level: Second
Listing Office: Exit Realty Paradise
Last Updated: February - 15 - 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.

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