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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$999,000
58876 Overseas Highway
Marathon, FL 33050
MLS# 619425



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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.

Details
Maps
Contract Information
Listing Board: Key West Association
ROGO Exempt: Yes
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $999,000
Listing Date: 2026-04-09
List Price: $999,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 58.9
Marathon Neighborhood: Grassy Key
Side: Ocean
Flood Zone: AE,AE,VE,AE,VE
Alternate Key #: 1116751
Parcel #: 00099990-000000
Zoning: RL - Residential Low
Deed Restrictions: Unknown
Legal: 19 65 34 GRASSY KEY PT LOT 2 G62-425
Taxes: 7850.18
Tax Year: 2025
Street #: 58876
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: Vacant Land
Waterfront: Yes
Control Depth: 2
Lot SqFt: 56487.6
Lot Sqft Source: Property Data Card
Total Lots: 1
Remarks & Misc
Remarks – Consumer: 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.
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
None: 1
Tax Exemptions
None: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Neighborhood Feature
Other Area Features: 1
Existing Utilities
Electric on Site: 1
Water Line: 1
BuildingPermit
Other Permit: 1
Land Size
1 Less Than 2 Acres: 1
Title
Negotiable: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Dockage: None
Waterview: Ocean View; Open Water View
Neighborhood Feature: Other Area Features
Existing Utilities: Electric on Site; Water Line
BuildingPermit: Other Permit
Land Size: 1 Less Than 2 Acres
Title: Negotiable

Listing Office: Coldwell Banker Schmitt Real Estate Co

Last Updated: April - 09 - 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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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)