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
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