Price Reduction - Waterfront
Address
58652 Overseas Highway, Marathon, FL
Price
$ 3,495,000
Property Attributes
  • MLS#619913
  • TypeSingle Family
  • Listing Status Active
  • CountyMONROE
  • CityMarathon
  • AreaCrawl Key & Grassy Key
  • NeighborhoodCrains Sub
  • Zip33050
  • StyleSingle Family
  • Year Built1981
  • Taxes$ 14033
  • Price$ 3,495,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2429
  • Lot Size0.85 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description

Enter the bougainvillea-lined gates of Casa Feliz, a private oceanfront retreat on Grassy Key offering expansive water views, a white sand beach, and resort-style living. A strong-producing vacation rental with established history and future bookings in place, this exceptional estate presents an attractive investment opportunity. Set on more than 24,000 square feet of lush grounds with mature landscaping, fruit trees, fresh herbs, and .29 acres of bay bottom, Casa Feliz is designed for relaxation and entertaining. An observation pier provides access for kayaking, paddleboarding, fishing, and enjoying abundant marine life. Dockage is available nearby at Duck Key Marina or Grassy Key Marina, if desired. The property's unique orientation captures both sunrise and sunset views, a rare feature in the Keys. Outdoor amenities include a saltwater pool with cascading waterfalls, spillover spa, and a fully equipped poolside cabana featuring a wet bar, refrigerator, ice maker, and cooking area. A fire table and beachside fire pit offer inviting spaces to gather beneath the stars. Completely renovated down to the studs in 2022, the three-story residence was redesigned to maximize ocean views throughout. Four custom bedroom suites, each with a private en-suite bath, comfortably accommodate guests. The top-floor penthouse suite features a private balcony, 180-degree ocean views, custom 96-inch circular bed, and kitchenette with coffee station. Accordion impact-glass doors create a seamless connection between indoor and outdoor living. The gourmet kitchen features Cafe appliances, an induction cooktop, quartz countertops, mosaic tile backsplash, wine cooler, glass shelving, and multiple dining areas. Additional highlights include a movie theater, library loft, Control4 smart technology, custom millwork, and a mural by a local artist. Come discover why Grassy Key is the place to be.

Price History
5/22/2026 Listed $3,995,000
6/28/2026 7$3,750,000
7/24/2026 3$3,650,000
8/19/2026 5$3,495,000

General Features

Living Area 2429.00
Construction CBS
Utilities FKAA,Propane,Cable Available,Buyer to Verify,Municipal Sewer
Roof Metal Roof
Appliances Washer,Stainless Steel Appliance(s),Wine Cooler,Freezer,Disposal,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer
Zoning RM - Residential Medium
HOA Fee 0.00
Pets Allowed Y/N Pets Allowed
Status Active
Full Baths 4
Year Built 1981
Subdivision Crains Sub (58.0)
Style Single Family
View Ocean View,Open Water View
Property Type A
Fee Includes None
Acres 0.85
Lot Sqft 24394.00
Rental Allowed Yes
Building Style: Above Flood Yes
Control Depth 1
Dockage: Dock Composite
Virtual Tour https://bcove.video/4daKvRM
Min Rental Days 7.00

Interior Features

Interior Amenities Drapes/Blinds Incl,Security System,Quartz Countertops,Smoke Alarms
Furnished Y/N Furnished
Flooring Tile,Wood
Specialty Rooms Laundry Room,Theater Room

Exterior Features

Exterior Amenities Built-in Grill,Water Display,Storage,Sprinkler System,Sandy Beach,Privacy Wall/Fence,Outdoor Shower,Outdoor Kitchen,Lighting,Hot Tub,Rain Gutters,Fruit Tree(s)
Pool Yes
Waterfront Oceanfront,Open Water
Lot Size 60 X 410
Land Size 1/4 - 1/2 Acre
Pool Info In Ground,Decked,Concrete,Lap
Pool Info: Heated Yes
Porch/Balcony Open Porch/Balcony
Public Sewer Hookup Yes
Side Ocean
Species List Yes
Vehicle Storage Carport
Windows/Doors Impact Rstnce Window,Impact Rstnce Doors
Off Shore Island Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33050

Price
AVG $3.12M
$3.5M
Taxes
AVG $12,342
$14,033
Year Built
AVG 1995
1981
Visits
AVG 119
116
Data Provided by Inside Real Estate®