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  • 58950 Overseas Highway 48, Marathon, FL 33050 (MLS# 618474)

58950 Overseas Highway 48, Marathon, FL 33050

$850,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,509 Lot Size (sq. ft.): 3,651 Status: Active
Current Price: $850,000 List Date: 2/04/2026 Last Modified: 4/07/2026

Description

Wake up to breathtaking open water views and embrace the ultimate Florida Keys lifestyle in this oceanfront A-frame located in the private, highly sought-after Lion's Lair community in Marathon. Opportunities like this are rare--where exceptional amenities, privacy, and value come together in one stunning property. This well-built half duplex welcomes you with sweeping ocean views the moment you step inside, complemented by impact windows and doors for peace of mind. Offering 3 bedrooms, 2 baths, plus a versatile lofted office space, the home is designed for both comfort and flexibility. Step outside to your spacious waterfront deck--perfect for morning coffee at sunrise or unwinding with evening cocktails as the ocean breeze rolls in. The true highlight is the unmatched collection of community amenities: Enjoy a private marina with dockage for boats up to 25', a convenient boat ramp, boat trailer storage, a resort-style pool, tiki hut, clubhouse, and a scenic paved walkway leading to a tranquil jetty point--ideal for sunset strolls or simply soaking in the coastal beauty. Positioned in one of the most desirable and private locations within Lion's Lair, this home offers both seclusion and easy access to all amenities. With low association fees of just $1,500 per year and no rentals allowed, you'll enjoy a peaceful, owner-focused environment without the disruption of short-term vacation traffic. This is more than a home--it's a rare opportunity to own a piece of paradise in a premier waterfront setting. Schedule your private showing today.

More Information MLS# 618474

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes Current Price: $850,000 Listing Date: 2026-02-04 List Price: $850,000

Location, Tax & Legal

Unit #: 48 City: MARATHON Off Shore Island: No Mile Marker: 58.9 Marathon Neighborhood: Grassy Key Side: Ocean Flood Zone: AE,VE,AE Alternate Key #: 9063957 Handicap Access: No Parcel #: 00099980-004800 Zoning: RM - Residential Medium Deed Restrictions: Unknown Legal: PARCEL 48 LION'S LAIR COOPERATIVE OR1937-2310/2422DEC OR2129-1866/69 OR2559-1315/18 Taxes: 6226.03 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 58950 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Grassy Key (58.9) Area: 19 - Crawl Key & Grassy Key

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 3 Lot SqFt: 3651 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.08 SqFt Source: Property Data Card Rentals Allowed: No Style: Half Duplex Year Built: 1982 Living Apx SqFt: 1509 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Wake up to breathtaking open water views and embrace the ultimate Florida Keys lifestyle in this oceanfront A-frame located in the private, highly sought-after Lion's Lair community in Marathon. Opportunities like this are rare--where exceptional amenities, privacy, and value come together in one stunning property. This well-built half duplex welcomes you with sweeping ocean views the moment you step inside, complemented by impact windows and doors for peace of mind. Offering 3 bedrooms, 2 baths, plus a versatile lofted office space, the home is designed for both comfort and flexibility. Step outside to your spacious waterfront deck--perfect for morning coffee at sunrise or unwinding with evening cocktails as the ocean breeze rolls in. The true highlight is the unmatched collection of community amenities: Enjoy a private marina with dockage for boats up to 25', a convenient boat ramp, boat trailer storage, a resort-style pool, tiki hut, clubhouse, and a scenic paved walkway leading to a tranquil jetty point--ideal for sunset strolls or simply soaking in the coastal beauty. Positioned in one of the most desirable and private locations within Lion's Lair, this home offers both seclusion and easy access to all amenities. With low association fees of just $1,500 per year and no rentals allowed, you'll enjoy a peaceful, owner-focused environment without the disruption of short-term vacation traffic. This is more than a home--it's a rare opportunity to own a piece of paradise in a premier waterfront setting. Schedule your private showing today. Directions: On Overseas Hwy on Grassy key, turn onto 3rd street(Ocean Side) across from Dolphin Research Center. Last unit on the left before you hit the water

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Assoc Approval Req: Yes Association Fee $: 1500 Assoc/Mnt Fee Per: Yearly

Fee Includes

Common Area Mnt: 1

Dockage

Assigned Dock: 1 Boat Ramp: 1 Dock Privileges: 1

Tax Exemptions

None: 1

Appliances

Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Pets

Pets w/Restrictions: Service Dogs Cats OK

Cooling

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

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Tile: 1 Vinyl: 1

Neighborhood Feature

Beach: 1 Clubhouse: 1 Community Boat Ramp: 1 Community Dockage: 1 Community Pool: 1

Interior Features

Bar: 1 Granite Counter Top: 1

Building Style

A-Frame: 1 Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1 Off Street Parking: 1

Security

No Security: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Partially: 1

Terms

Cash: 1 No Seller Finance: 1 Other Specify: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Chickee Hut: 1 Sandy Beach: 1 Shed: 1

Pool Info

In Ground: 1 Heated: Yes

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Assigned Dock; Boat Ramp; Dock Privileges Building Style: A-Frame Vehicle Storage: Guest Parking; Off Street Parking; Open Parking Furnished: Partially Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Bar; Granite Counter Top Pre-Wired: Cable Appliances: Dryer; Microwave; Oven; Refrigerator; Washer Exterior Features: Chickee Hut; Sandy Beach; Shed Pool Info: In Ground Construction: Frame Floor: Tile; Vinyl Roof: Metal Roof Neighborhood Feature: Beach; Clubhouse; Community Boat Ramp; Community Dockage; Community Pool Security: No Security Land Size: Less Than 1/4 Acre Terms: Cash; No Seller Finance; Other Specify Title: Negotiable
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: April - 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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