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58950 Overseas Highway 48, Marathon, FL 33050
$850,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,509
Lot Size (sq. ft.):
3,651
Status:
Active
Current Price:
$850,000
List Date:
2/04/2026
Last Modified:
4/07/2026
Description
Wake up to breathtaking open water views and embrace the ultimate Florida Keys lifestyle in this oceanfront A-frame located in the private, highly sought-after Lion's Lair community in Marathon. Opportunities like this are rare--where exceptional amenities, privacy, and value come together in one stunning property.
This well-built half duplex welcomes you with sweeping ocean views the moment you step inside, complemented by impact windows and doors for peace of mind. Offering 3 bedrooms, 2 baths, plus a versatile lofted office space, the home is designed for both comfort and flexibility.
Step outside to your spacious waterfront deck--perfect for morning coffee at sunrise or unwinding with evening cocktails as the ocean breeze rolls in.
The true highlight is the unmatched collection of community amenities:
Enjoy a private marina with dockage for boats up to 25', a convenient boat ramp, boat trailer storage, a resort-style pool, tiki hut, clubhouse, and a scenic paved walkway leading to a tranquil jetty point--ideal for sunset strolls or simply soaking in the coastal beauty.
Positioned in one of the most desirable and private locations within Lion's Lair, this home offers both seclusion and easy access to all amenities.
With low association fees of just $1,500 per year and no rentals allowed, you'll enjoy a peaceful, owner-focused environment without the disruption of short-term vacation traffic.
This is more than a home--it's a rare opportunity to own a piece of paradise in a premier waterfront setting. Schedule your private showing today.
More Information MLS# 618474
Contract Information
Current Price: $850,000
Listing Date: 2026-02-04
Listing Board: Marathon/Lower Keys
List Price: $850,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Location Tax Legal
Street #: 58950
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: Half Duplex
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 1982
Lot SqFt: 3651
Lot Sqft Source: Property Data Card
Acres: 0.08
Living Apx SqFt: 1509
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: No
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Assoc Approval Req: Yes
Association Fee $: 1500
Assoc/Mnt Fee Per: Yearly
Building Style
Above Flood: Unknown
Pool Info
Heated: Yes
Pets
Pets w/Restrictions: Service Dogs Cats OK
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Fee Includes: Common Area Mnt
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Assigned Dock; Boat Ramp; Dock Privileges
Building Style: A-Frame
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking
Furnished: Partially
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Bar; Granite Counter Top
Pre-Wired: Cable
Appliances: Dryer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Chickee Hut; Sandy Beach; Shed
Pool Info: In Ground
Construction: Frame
Floor: Tile; Vinyl
Roof: Metal Roof
Neighborhood Feature: Beach; Clubhouse; Community Boat Ramp; Community Dockage; Community Pool
Security: No Security
Land Size: Less Than 1/4 Acre
Terms: Cash; No Seller Finance; Other Specify
Title: Negotiable
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: April - 07 - 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.
