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  • 57485 Gibson Street, Marathon, FL 33050 (MLS# 618661)

57485 Gibson Street, Marathon, FL 33050

$575,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,056 Lot Size (sq. ft.): 6,000 Status: Contingent
Current Price: $575,000 List Date: 2/16/2026 Last Modified: 2/26/2026

Description

Above flood and full of character, this three-bedroom, two-bath residence in the peaceful Sunset Bay neighborhood of Grassy Key delivers comfort, efficiency, and long-term value in one of the Middle Keys' most desirable settings. With 1,056 square feet of interior living space, the layout feels bright and open thanks to soaring cathedral ceilings and abundant natural light, while the split-bedroom design provides privacy for owners and guests alike. The kitchen features granite countertops and ample cabinetry, offering a clean, modern feel that works beautifully for everyday living or visiting guests. A dedicated laundry room adds convenience, and each bedroom provides a welcoming retreat after a day spent enjoying the island lifestyle. Both bathrooms are well maintained and designed for easy function. Step outside to a private patio that's perfect for morning coffee, evening cocktails, or relaxed entertaining. The 6,098-square-foot lot offers just the right amount of outdoor space without the burden of heavy maintenance. Covered parking under the carport, central air conditioning, and a durable metal roof all contribute to easy ownership and peace of mind. Location is another standout feature. The waterfront park in Marathon is only a block away, giving you quick access to open water, kayak launches, picnic areas, and places to enjoy the famous Keys sunsets. Even without being directly on the water, ocean and bay adventures are always within reach. For investors, the highly desirable 7-day rental status opens the door to excellent income potential. Owners can enjoy the home when they choose and generate revenue while away, making this a flexible asset as well as a personal retreat. Whether you are looking for a full-time residence, seasonal getaway, or a property that can help pay for itself, this opportunity delivers the best of lifestyle and return.

More Information MLS# 618661

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $575,000 Listing Date: 2026-02-14 List Price: $575,000

Location, Tax & Legal

City: MARATHON Mile Marker: 56 Marathon Neighborhood: Grassy Key Side: Bay/Gulf Flood Zone: AE Alternate Key #: 1442615 Parcel #: 00360530-000000 Zoning: RM - Residential Medium Deed Restrictions: No Legal: BK 2 LOT 14 SUNSET BAY PB5-46 GRASSY KEY OR656-226 OR658-64 OR821-1936 OR1356-473 OR1451-898 OR3037-2265 OR3042-1541 OR Taxes: 5122.59 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 57485 Street Name: Gibson Street Suffix: Street Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Sunset Bay (56) Area: 19 - Crawl Key & Grassy Key

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot Size: 60 X 100 Lot SqFt: 6000 Pool: No Total Units: 0 Acres: 0.14 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1996 Living Apx SqFt: 1056 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Above flood and full of character, this three-bedroom, two-bath residence in the peaceful Sunset Bay neighborhood of Grassy Key delivers comfort, efficiency, and long-term value in one of the Middle Keys' most desirable settings. With 1,056 square feet of interior living space, the layout feels bright and open thanks to soaring cathedral ceilings and abundant natural light, while the split-bedroom design provides privacy for owners and guests alike. The kitchen features granite countertops and ample cabinetry, offering a clean, modern feel that works beautifully for everyday living or visiting guests. A dedicated laundry room adds convenience, and each bedroom provides a welcoming retreat after a day spent enjoying the island lifestyle. Both bathrooms are well maintained and designed for easy function. Step outside to a private patio that's perfect for morning coffee, evening cocktails, or relaxed entertaining. The 6,098-square-foot lot offers just the right amount of outdoor space without the burden of heavy maintenance. Covered parking under the carport, central air conditioning, and a durable metal roof all contribute to easy ownership and peace of mind. Location is another standout feature. The waterfront park in Marathon is only a block away, giving you quick access to open water, kayak launches, picnic areas, and places to enjoy the famous Keys sunsets. Even without being directly on the water, ocean and bay adventures are always within reach. For investors, the highly desirable 7-day rental status opens the door to excellent income potential. Owners can enjoy the home when they choose and generate revenue while away, making this a flexible asset as well as a personal retreat. Whether you are looking for a full-time residence, seasonal getaway, or a property that can help pay for itself, this opportunity delivers the best of lifestyle and return. Directions: Turn towards the bay on Kyle Rd in Grassy Key, go to Gibson, turn left.

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 Oven: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Building Style

Above Flood: Yes Stilt Column Height: Short - 4Ft & Under Other Bldg Style: 1

Windows/Doors

Aluminum Windows: 1

Vehicle Storage

Carport: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Patio: 1

Title

Title Ins - Buyer: 1

Roof

Metal Roof: 1

Shutters

Panel: 1

Status Change Info

Contingent: Contingent Status: Contingent

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Other Bldg Style Vehicle Storage: Carport Furnished: Negotiable Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Oven; Refrigerator; Washer Construction: Frame Shutters: Panel Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer
Listing Office: Compass Florida LLC - Tavernier
Last Updated: February - 26 - 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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