58560 Overseas Highway, Marathon, FL 33050

$895,000

Property Type: Vacant Land Lot Size (sq. ft.): 21,000 Status: Active

Current Price: $895,000 List Date: 10/08/2026 Last Modified: 10/08/2026

Overview

Description

OCEANFRONT LOT WITH A TRANSFERABLE BUILDING RIGHT ALREADY IN PLACE! An exceptional opportunity to build your dream home on Grassy Key in Marathon! This 60' wide oceanfront lot offers unobstructed views of the Atlantic Ocean and the flexibility to build now or in the future. With a transferable building right already in place, simply complete your architectural plans and obtain the necessary approvals and permits from the City of Marathon. Design your own coastal retreat and enjoy the beauty of oceanfront living in the Florida Keys! The adjacent oceanfront lot is also available for purchase, offering the opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage. The adjacent lot must be purchased prior to the start of construction, which is anticipated to begin in early 2027

Listing Details MLS# 621551

Location, Tax & Legal

Street #: 58560
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Crains Sub (58.0)
Area: 19 - Crawl Key & Grassy Key
City: MARATHON
Mile Marker: 58
Marathon Neighborhood: Grassy Key
Side: Ocean
Flood Zone: VE,AE,AE,VE
Alternate Key #: 1450111
Parcel #: 00366940-000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: BK 1 LT 15 CRAINS SUBD PB1-51 OF GRASSY KEY PT SECS 24-25-26 TWP 65S R 33E OR199-307/08 OR1614-617/18R/S OR1614-619/21/A
Taxes: 3794.53
Tax Year: 2025

Contract Information

Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: Yes
Lot Dimensions: 60 X 350
Lot SqFt: 21000
Lot Sqft Source: Property Data Card

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: OCEANFRONT LOT WITH A TRANSFERABLE BUILDING RIGHT ALREADY IN PLACE! An exceptional opportunity to build your dream home on Grassy Key in Marathon! This 60' wide oceanfront lot offers unobstructed views of the Atlantic Ocean and the flexibility to build now or in the future. With a transferable building right already in place, simply complete your architectural plans and obtain the necessary approvals and permits from the City of Marathon. Design your own coastal retreat and enjoy the beauty of oceanfront living in the Florida Keys! The adjacent oceanfront lot is also available for purchase, offering the opportunity to combine both properties for a total of 120' of Atlantic Ocean frontage. The adjacent lot must be purchased prior to the start of construction, which is anticipated to begin in early 2027
Directions: Right off highway at MM58.5 oceanside

Assoc/Misc Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

None: Yes

Tax Exemptions

None: Yes

Waterfront

Oceanfront: Yes

Waterview

Ocean View: Yes

BuildingPermit

Active Permit: Yes
Other Permit: Yes

Land Size

1/4 - 1/2 Acre: Yes

Terms

No Seller Finance: Yes

Title

Title Ins - Buyer: Yes

Property Features

Tax Exemptions: None Waterfront: Oceanfront Dockage: None Waterview: Ocean View BuildingPermit: Active Permit; Other Permit Land Size: 1/4 - 1/2 Acre Terms: No Seller Finance Title: Title Ins - Buyer

Listing Office: Coastal Realty of the Florida Keys

Last Updated: October - 08 - 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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