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  • 58121 Morton Street, Marathon, FL 33050 (MLS# 619802)

58121 Morton Street, Marathon, FL 33050

New Listing
$2,699,500
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,464 Lot Size (sq. ft.): 15,500 Status: Active
Current Price: $2,699,500 List Date: 5/07/2026 Last Modified: 5/07/2026

Description

Experience the ultimate Florida Keys retreat in this private, gated waterfront estate set on an oversized lot with breathtaking open water views and unforgettable sunset skies. Designed for both luxury living and exceptional rental performance, this 4-bedroom, 2-bath elevated home offers the perfect blend of comfort, style, and income potential with a 7-day vacation rental allowance. The residence features impact windows and doors, a durable metal roof, hardie siding and an open-concept layout filled with natural light. Expansive windows frame panoramic water views from the main living areas, while the spacious design comfortably accommodates multiple families or large groups. The kitchen is appointed with granite countertops and flows seamlessly into the living and dining areas, creating an inviting space for entertaining. Outdoor living is where this property truly shines. Enjoy a heated saltwater pool, gazebo with a metal roof, and an oversized covered breezeway that captures the essence of relaxed Keys living. The property is fully fenced with a private electric gate, offering both security and seclusion. Boaters will appreciate the long dock, complete with a 13,000-lb boat lift, providing direct access to open water. Surrounded by abundant marine life and natural beauty, this is a true paradise for fishing, boating, and nature enthusiasts. Whether you're seeking a high-performing investment property or a private waterfront escape, this home delivers luxury, privacy, and the quintessential Florida Keys lifestyle.

More Information MLS# 619802

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Species List: No Current Price: $2,699,500 Listing Date: 2026-05-07 List Price: $2,699,500

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 58 Marathon Neighborhood: Grassy Key Senior Community YN: No Side: Bay/Gulf Flood Zone: VE,AE,VE Alternate Key #: 1458210 Handicap Access: No Parcel #: 00375120-000200 Zoning: RM - Residential Medium Deed Restrictions: Unknown Legal: CRAINS SUBD OF GRASSY KEY PB1-51 PT LOT 5 ADJ LAND SQR 61 AND ADJ BAY BOTTOM OR53-40(II DEED 21110) OR418-196/97 OR455-7 Taxes: 14673.47 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 58121 Street Name: Morton Street Suffix: Street 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: Yes Control Depth: 3 Lot Size: 80 X 200 Lot SqFt: 15500 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.61 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Single Family Year Built: 1979 Living Apx SqFt: 1464 Total Bedrooms: 4 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Experience the ultimate Florida Keys retreat in this private, gated waterfront estate set on an oversized lot with breathtaking open water views and unforgettable sunset skies. Designed for both luxury living and exceptional rental performance, this 4-bedroom, 2-bath elevated home offers the perfect blend of comfort, style, and income potential with a 7-day vacation rental allowance. The residence features impact windows and doors, a durable metal roof, hardie siding and an open-concept layout filled with natural light. Expansive windows frame panoramic water views from the main living areas, while the spacious design comfortably accommodates multiple families or large groups. The kitchen is appointed with granite countertops and flows seamlessly into the living and dining areas, creating an inviting space for entertaining. Outdoor living is where this property truly shines. Enjoy a heated saltwater pool, gazebo with a metal roof, and an oversized covered breezeway that captures the essence of relaxed Keys living. The property is fully fenced with a private electric gate, offering both security and seclusion. Boaters will appreciate the long dock, complete with a 13,000-lb boat lift, providing direct access to open water. Surrounded by abundant marine life and natural beauty, this is a true paradise for fishing, boating, and nature enthusiasts. Whether you're seeking a high-performing investment property or a private waterfront escape, this home delivers luxury, privacy, and the quintessential Florida Keys lifestyle. Directions: From Overseas Highway, turn on Guava Ave. Take a left on Morton St. The house is on the Right. Has Gate.

Association Info

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

License Info

Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

Dock Length: 165 Dock: Wood Boat Lift: 1 Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Electric: 1

Waterfront

Bay Front: 1 Gulf Front: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Ocean View: 1 Open Water View: 1

Floor

Carpet: 1 Tile: 1

Interior Features

Drapes/Blinds Incl: 1 Granite Counter Top: 1 Sky Light(s): 1 Smoke Alarms: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Open Parking: 1 Off Street Parking: 1

Security

Electric Gate: 1

Construction

Combo Construction: 1 Frame: 1 Hardi Board Siding: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Furnished: 1 Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 FKAA: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Lighting: 1 Storage: 1

Pool Info

In Ground: 1 Salt Water: 1 Heated: Yes

Roof

Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Ocean View; Open Water View Dockage: Boat Lift Property Condition: Updated/Remodeled Vehicle Storage: Off Street Parking; Open Parking Furnished: Furnished; Negotiable Cooling: Central Air Heating: Electric Utilities: Cable Available; FKAA Interior Features: Drapes/Blinds Incl; Granite Counter Top; Sky Light(s); Smoke Alarms Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer Exterior Features: Chickee Hut; Fencing; Lighting; Storage Pool Info: In Ground; Salt Water Construction: Combo Construction; Frame; Hardi Board Siding Floor: Carpet; Tile Roof: Metal Roof Pets: Pets Allowed Security: Electric Gate Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional
Listing Office: Coldwell Banker Schmitt Key Largo
Last Updated: May - 07 - 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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