Date
Details
Price
Change
Source
2/04/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$850,000
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Property 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.
Full Property Details
Full Property Details for 58950 Overseas Hwy #48
General
- Price: $850,000
- HOA FEE: $125/month
- HOA FEE FREQ.: Yearly
- Taxes: $6,226 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 618474
- Updated: 5/13/2026
- Added to Site: 113 day(s) ago
Interior
- Interior Features: Bar, Granite Counter Top
- Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Community Dockage, Community Boat Ramp, Beach, Clubhouse, Pool
- Pool: Yes
- Pool Description: Heated, In Ground
- Security/Safety: No Security
Exterior
- Exterior Features: Chickee Hut, Sandy Beach, Shed
- Deck/Patio: Open Porch/Balcony, Deck
- Porch/Patio/Deck: Open Porch/Balcony, Deck
Parking
- Parking Features: Open, Guest, Off Street
Location
- Area: 19 - Crawl Key & Grassy Key
- County: Monroe
- Subdivision: Grassy Key (58.9)
- Driving 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
Community
- Association: Yes
- Assoc. Fees Include: Common Area Mnt
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s), Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood, A-Frame
- Construction: Frame
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window, Sliding Glass Doors
- Square Feet: 1,509
- Sq. Ft. Source: Property Data Card
- Year Built: 1982
Lot Features
- Property View: Open Water View, Ocean
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,651
- Lot Size Source: Property Data Card
- Zoning: RM - Residential Medium
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Oceanfront, Open Water
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,500
- Assoc Fee Freq.: Yearly
- Tax Amount: $6,226.03
- Tax Year: 2025
Disclosures and Reports
- Legal Description: PARCEL 48 LION'S LAIR COOPERATIVE OR1937-2310/2422DEC OR2129-1866/69 OR2559-1315/18
- Flood Zone: AE, VE, AE
- APN: 00099980-004800
Listed by Coldwell Banker Schmitt Real Estate Co., Chase Foster (407) 314-2543
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 58950 Overseas Hwy #48 —
Chase Foster
Coldwell Banker Schmitt Real Estate Co.
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 58950 Overseas Hwy #48
Tax History
Tax History for 58950 Overseas Hwy #48
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,170
—
$605,301
6%
2024
$6,170
—
$568,385
2%
2023
$6,160
2%
$559,904
9%
2021
$6,027
-6%
$513,339
-15%
2022
$6,408
6%
$606,043
17%
2021
$6,027
7%
$518,736
12%
2019
$5,646
9%
$461,138
10%
2018
$5,203
12%
$419,217
—
2017
$4,637
4%
$418,490
5%
2016
$4,480
12%
$400,131
27%
2015
$3,990
-6%
$314,964
-2%
2014
$4,230
10%
$320,178
10%
2013
$3,861
—
$291,071
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 58950 Overseas Hwy #48
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58950 Overseas Highway #48, Marathon, FL 33050 (MLS# 618474) is a Single Family property with 3 bedrooms and 2 full bathrooms. 58950 Overseas Highway #48 is currently listed for $850,000 and was received on February 04, 2026. Want to learn more about 58950 Overseas Highway #48? Do you have questions about finding other Single Family real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.