$1,750,000
 $9,394 est/mo Sourced by Back At You

58773 Overseas Highway,MARATHON, FL 33050

MARATHON, FL 33050

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Description

Welcome to Key Lime Kottage, a charming waterfront retreat in Grassy Key where life slows down, the water calls, and every day feels like a Florida Keys escape. Currently in a vacation rental program, this turn-key 3-bedroom, 2-bath home offers buyers and investors the rare combination of personal enjoyment, rental potential, privacy, and resort-style living. Kindly provide at least 24 hours' notice for showings. Preferred showing times are Saturdays during check-in/check-out windows, when access is most convenient. Tucked behind lush tropical landscaping, Key Lime Kottage welcomes you with soft yellow cottage charm, a metal roof, white picket appeal, and a peaceful waterfront setting that immediately invites you to relax. From the moment guests arrive, they can imagine themselves slowing down, breathing deeper, and enjoying the Keys lifestyle. A beautiful composite dock leads through the mangroves toward open Gulf views, creating the perfect place for morning coffee, kayaking, paddleboarding, sunset conversations, or quiet moments by the water. The outdoor living area is the heart of the property. With a screened-in pool, spa, covered lounging space, and natural privacy, it feels like a private resort designed for relaxation, connection, and unforgettable memories. Inside, the open living, dining, and kitchen layout feels warm, easy, and welcoming. The home is ready for immediate enjoyment, whether as a personal retreat, a vacation rental investment, or both. For investors, Key Lime Kottage offers strong guest appeal with waterfront living, Gulf views, pool and spa amenities, and proximity to the Dolphin Research Center, The Wreck Restaurant, downtown Marathon, grocery shopping, marinas, entertainment, and MillionAir. Buyers are not just purchasing a property here. They are stepping into peaceful mornings, golden sunsets, waterfront memories, and a Florida Keys lifestyle guests will want to return to again and again.

Details

MLS #619885
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1965
Days On Site101
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Lela Ashkarian

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,280
PoolYes
ZoningRM-1 - Residential Medium - 1
Acreage0.49
Water FrontYes
Property ViewOpen Water View, Bay

Taxes

Property11095

Area Information

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area19 Crawl Key & Grassy Key
Community NameGrassy Key (58.9)
Listing VS Median (in Grassy Key (58.9))
Price:
$1,750,000
low | high
Med:
$2,362,500
15% of Average
sqft:
1,280
low | high
Med:
2,147
17.6953125% of Average
$ / sqft:
$1,367
low | high
Med:
$1,177
63.889810819781% of Average
On site:
101
low | high
Med:
510
19.803921568627% of Average
Sourced by Back At You

Market Activity 33050

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area19 Crawl Key & Grassy Key
Community NameGrassy Key (58.9)
Listing VS Median (in Grassy Key (58.9))
Price:
$1,750,000
low | high
Med:
$2,362,500
15% of Average
sqft:
1,280
low | high
Med:
2,147
17.6953125% of Average
$ / sqft:
$1,367
low | high
Med:
$1,177
63.889810819781% of Average
On site:
101
low | high
Med:
510
19.803921568627% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.312M - $2.187M
sqft: 960 - 1,500
Nearby Listings Property ImageNearby Listings Details
58950 Overseas Highway 13 Property Photo 1
$1,190,000
58950 Overseas Highway 13
Marathon, FL 33050
Listing Updated: August 1, 2026 at 5:05:09 PM PDT