58773 Overseas Highway, Marathon, FL 33050

$1,825,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,280 Lot Size (sq. ft.): 18,950 Status: Active
Current Price: $1,825,000 List Date: 5/13/2026 Last Modified: 6/08/2026

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.

More Information MLS# 619885

Contract Information

Current Price: $1,825,000 Listing Date: 2026-05-13 Listing Board: Marathon/Lower Keys List Price: $1,825,000 As is Rght to Inspct: Yes Species List: Yes

Location Tax Legal

Street #: 58773 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: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 2 Pool: Yes Year Built: 1965 Lot Size: 50x375x471x108 Lot SqFt: 18950 Lot Sqft Source: Property Data Card Acres: 0.49 Living Apx SqFt: 1280 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 2 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

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

License Info

Transient Rntl Licns: Yes

Dockage

Dock: Composite

Building Style

Above Flood: Unknown Stories: 2 Stories

Vehicle Storage

Car(s): 4+

Pool Info

Heated: Yes

Financial Status

Auction: No Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Property Condition: Updated/Remodeled Vehicle Storage: Garage; Auto Door Opener; Open Parking; RV Parking Open Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Heat Pump Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer Interior Features: Smoke Alarms; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; More Appliances; Oven; Range; Refrigerator; Washer Exterior Features: Hot Tub; Lighting; Outdoor Shower Accessibility Feat: Parking Pool Info: In Ground Construction: CBS Shutters: Bahama; Panel Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: June - 08 - 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.