277 Peachtree Avenue, Marathon, FL 33050

$699,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,584 Lot Size (sq. ft.): 15,000 Status: Active
Current Price: $699,000 List Date: 1/10/2026 Last Modified: 2/15/2026

Description

Great investment home on Grassy Key is situated on a rare double corner lot totaling over 15,000 square feet. This 3 bedroom, 2 bath home has been recently updated with new flooring, renovated bathrooms, new washer/dryer and new stainless steel appliances. Seven day rentals are allowed. There is a salt pond, Lake Edna, directly across the street adding to the privacy of this unique property that offers a secluded ''Old Florida'' feel that is increasingly hard to find. Among the mature landscaping, you'll find producing banana, papaya and coconut trees. Grassy Key itself is a laid back community with beaches, restaurants, state parks, shops all within a short drive. This property is 2 miles from the planned Valhalla Island Resort. Don't let this unique investment opportunity to pass you by!

More Information MLS# 618046

Contract Information

Current Price: $699,000 Listing Date: 2026-01-10 Listing Board: Key West Association List Price: $699,000 As is Rght to Inspct: Yes Species List: No

Location Tax Legal

Street #: 277 Street Name: Peachtree Street Suffix: Avenue Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Crains Sub (58.0) Area: 19 - Crawl Key & Grassy Key

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: No Year Built: 1968 Lot SqFt: 15000 Lot Sqft Source: Tax Records Acres: 0.34 Living Apx SqFt: 1584 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 2 Total Baths: 2 Rentals Allowed: With Restrictions Min Rental Days: 7

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: No Stories: 2 Stories

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Salt Ponds; None Waterview: Salt Ponds Dockage: None Furnished: Furnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Construction: CBS Floor: Laminate Pets: Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional; VA

Room Information

Kitchen Level: Main Dining Room Level: Main Bedroom 1 Level: Main Bedroom 2 Level: Second Bedroom 3 Level: Second Other Room Level: Second Full Bathroom Level: Main Full Bathroom Level: Second
Listing Office: Exit Realty Paradise
Last Updated: February - 15 - 2026
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