58876 Overseas Highway, Marathon, FL 33050

New Listing
$999,000
Property Type: Vacant Land Lot Size (sq. ft.): 56,488 Status: Active
Current Price: $999,000 List Date: 4/09/2026 Last Modified: 4/09/2026

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.

More Information MLS# 619425

Contract Information

Current Price: $999,000 Listing Date: 2026-04-09 Listing Board: Key West Association List Price: $999,000 ROGO Exempt: Yes Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

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

Status Change Info

Status: Active

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No Potential Short Sale: No

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.