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$900,000
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Property Description
Rare opportunity to own a ROGO Exempt oceanfront property in Marathon! This expansive 56,488 sq. ft. parcel offers approximately 100 feet of direct ocean frontage and stretches nearly 570 feet deep, creating the perfect setting for a private estate or investment property. Previously improved with a residence (just recently removed), this cleared and buildable lot allows you to build immediately upon plan approval, saving valuable time and money in the development process. The unique depth of the property provides the opportunity for a long, private driveway, enhancing privacy and estate-like appeal. Enjoy endless open ocean views and refreshing ocean breezes from your future home. Zoned for weekly rentals, this property is ideal for developers or buyers seeking strong income potential in one of the Florida Keys' most desirable markets. Conveniently located just minutes from Marathon Jet Center, Dolphin Research Center, and an array of waterfront dining, shopping, and local attractions. Whether you're building a luxury residence or an income-producing vacation rental, this is a rare, ready-to-build oceanfront offering you don't want to miss.
Full Property Details
Full Property Details for 58876 Overseas Hwy
General
- Sold For: $900,000
- Taxes: $7,850 (2025)
- Status: Closed
- Type: Lots/Land
- Source: 927
- MLS ID: 619425
- Added to Site: 84 day(s) ago
Additional Information
- Shared Amenities: Other Area Features
Location
- Area: 19 - Crawl Key & Grassy Key
- County: Monroe
- Subdivision: Grassy Key (58.9)
Lot Features
- Property View: Open Water View, Ocean
- Lot Size (Acres): 1.3
- Lot Size (Sq. Ft.): 56,487.6
- Lot Size Source: Property Data Card
- Zoning: RL - Residential Low
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Oceanfront, Open Water
Financial Considerations
- Tax Amount: $7,850.18
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 19 65 34 GRASSY KEY PT LOT 2 G62-425
- Flood Zone: AE, AE, VE, AE, VE
- APN: 00099990-000000
Listed and Sold by Coldwell Banker Schmitt Real Estate Co, Lisa H Ferringo (305) 797-1221
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Schools
Schools serving 58876 Overseas Hwy
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 10.1 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 9.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 58876 Overseas Hwy
Date
Details
Price
Change
Source
6/29/2026
Sold
$900,000
-9.91%
MLS
4/09/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
58876 Overseas Highway, Marathon, FL 33050 (MLS# 619425) is a Lots/Land property that was sold at $900,000 on June 29, 2026. Want to learn more about 58876 Overseas Highway? Do you have questions about finding other Lots/Land real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

