277 Peachtree Avenue, Marathon, FL 33050

$650,000

277 Peachtree Avenue, Marathon 330503.JP

Virtual Tour

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,584 Lot Size (sq. ft.): 15,000 Status: Closed

Current Price: $650,000 List Date: 1/10/2026 Last Modified: 10/21/2026

Overview

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!

Listing Details MLS# 618046

Location, Tax & Legal

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
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

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1968
Lot SqFt: 15000
Lot Sqft Source: Tax Records
Acres: 0.34
Living Apx SqFt: 1584
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 7
Control Depth: 0
Total Units: 0

Status Change Info

Under Contract Date: 2026-03-03
Sold Date: 2026-03-21

Association Info

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

Building Style

Above Flood: No
Stories: 2 Stories

More Information

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!

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

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

Waterfront

Salt Ponds: Yes
None: Yes

Waterview

Salt Ponds: Yes

Floor

Laminate: Yes

Windows/Doors

Glass Doors: Yes
Sliding Glass Doors: Yes

Construction

CBS: Yes

Land Size

More than 1 Lot: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
VA: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes

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

Room Name	Level
Kitchen	Main
Dining Room	Main
Bedroom 1	Main
Bedroom 2	Second
Bedroom 3	Second
Other Room	Second
Full Bathroom	Main
Full Bathroom	Second

Listing Office: EXIT Realty Paradise

Last Updated: October - 21 - 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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