$4,699,000
$1M PRICE DROP

58213 Morton St Marathon, FL 33050

Estimated payment $26,102/month

Total Views 108,841
3 Beds
5 Baths
4,000 Sq Ft
$1,175 Price per Sq Ft

About This Home

Nestled on a secluded 2-acre lot in Grassy Key, Marathon, this gated waterfront estate boasts 5,220 sq. ft. and is highlighted with a ton of amenities including two docks, 4 post boat lift, private sandy beach and an infinity-edge elevated pool blending seamlessly with the gulf and featuring a built-in table and chairs for relaxing or entertaining. Expansive covered areas by the pool offer shaded spots for lounging and has direct access to the living areas. Double entry doors with intricate carved wood details welcome you into a light-filled home. The open-concept living area is graced by large windows and sliding glass doors that frame panoramic views and create a seamless connection between indoors and outdoors. A striking marble fireplace serves as the focal point. Every element of this home reflects thoughtful design, from the impact-rated doors and windows, in-house elevator plus marble floors, exquisite cabinetry, and refined finishes enhancing the home's timeless appeal. The main kitchen is a chef's delight, featuring granite countertops, two wine coolers, and abundant cabinetry. A cozy dining nook encased in windows offers stunning gulf views, creating the perfect setting for every meal. The primary suite is a sanctuary of luxury, featuring panoramic gulf views, a two-sided fireplace, and direct access to the pool. The en-suite bathroom offers a private sauna, jetted tub, walk-in shower, and makeup counter, creating a spa-like retreat. The guest quarters are designed for comfort and independence, offering a morning kitchen and two guest suites. Each suite includes its own en-suite bathroom and generous closet space, ensuring privacy and convenience for visitors. The large office can also serve as a 4th Bedroom. Additional amenities include a home theater room complete with reclining seats and bar plus an oversized 3-car garage with lift.

Listing Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 12/23/2024

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,439

Year Built

  • 2009

Interior Spaces

  • Fireplace

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,439

Year Built

2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 15439.25
  • Title: Negotiable
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open
  • Vehicle Storage Cars: 3
  • Year Built: 2009
  • Alternate Key Number: 1458449
  • Cooling Heating: Central Air
  • Lot Sq Ft: 89742.00
  • Pool Info: Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Roll Down Electric
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 4000.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Bar, Walk-in Closet(s), Storage, Security System, Elevator, Granite Counter Top, Built-in Cabinets, Entrance Foyer, Pantry, Fireplace(s), Split Bedroom
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Theater Room, Media Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Basin
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Lighting, Storage, Sandy Beach, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE
  • Parcel Number: 00375350-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 2.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,439 $1,645,698 -- --
2023 $15,439 $1,597,766 $0 $0
2022 $15,245 $1,551,230 $0 $0
2021 $15,525 $1,506,049 $0 $0
2020 $15,096 $1,485,256 $0 $0
2019 $14,784 $1,451,864 $0 $0
2018 $14,019 $1,424,793 $0 $0
2017 $13,767 $1,395,488 $0 $0
2016 $13,910 $1,366,786 $0 $0
2015 $13,778 $1,357,285 $0 $0
2014 $14,023 $1,346,513 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $4,699,000 -6.0% $1,175 / Sq Ft
05/03/2025 05/03/25 Price Changed $4,999,000 -9.1% $1,250 / Sq Ft
04/02/2025 04/02/25 Price Changed $5,499,000 -7.6% $1,375 / Sq Ft
12/23/2024 12/23/24 For Sale $5,950,000 -- $1,488 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $430,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW)

(786) 751-7833

Section Image

She began her real estate career in 1989 working for luxury condo developer in Miami, FL. She was promoted to Broker of Mystic Point Realty in Aventura, FL in 1995 and then went on to be a top producing agent for Sotheby's International Realty on Miami Beach FL in 1999, where she specialized in Luxury Estates Homes. In 2004 she purchased a vacation home in the Florida Keys and fell in love with the area. Six months later she made the Keys her permanent home. Since joining Coldwell Banker

Lisa's Other Listings

  • 101 E Ocean Dr Unit C304, Key Colony Beach, FL 33051

    $1,499,000

    • 3 Beds
    • 2 Baths
    • 1,716 Sq Ft
    • 101 E Ocean Dr
    • Unit C304
    • Key Colony Beach, FL

    Panoramic Open Water Views and resort-style amenities at this well-equipped Oceanfront condo in exclusive Key Colony Beach! Inside, a bright and spacious 1,716 Sq. Ft. floor plan caters to entertaining and boats impact sliding glass doors and windows for peace of mind. The generous great room flows seamlessly into a large Chef's Kitchen, boasting stainless steel appliances, and ample storage and

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 12690 Overseas Hwy Unit 310, Marathon, FL 33050

    $849,000

    • 2 Beds
    • 3 Baths
    • 1,352 Sq Ft
    • 12690 Overseas Hwy
    • Unit 310
    • Marathon, FL

    Welcome to Gulfpointe II, a Gulf front community offering lots of amenities including great dockage, large heated and chilled pool and lots of parking. This spacious 2 Bedroom 2 Bath condo offers an open floor plan with panoramic views of the gulf from all angles. Enjoy morning coffee or evening cocktails watching the sunset over the water from one of your. two porches that face different

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 721 W Ocean Dr, Key Colony Beach, FL 33051

    $9,198,000 Pending

    • Land
    • -- per Acre
    • 721 W Ocean Dr
    • Key Colony Beach, FL

    Fantastic Oceanfront Development Opportunity in the heart of the Florida Keys! 2+ acres of prime oceanfront boasting 225' of beach front with dock permit in Key Colony Beach. A total of 3 lots with endless possibilities. Previous use was a 22 unit condominium. Or look into separating the lots to build 3 new luxury beach homes which are in very hot demand and rare to find. One house on this

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 581 10th St, Key Colony Beach, FL 33051

    $2,750,000

    • 6 Beds
    • 4 Baths
    • 3,248 Sq Ft
    • 581 10th St
    • Key Colony Beach, FL

    Fantastic 6 Bedroom, 4 Bath 3,248 sq. ft. waterfront pool home in Key Colony Beach, an upscale coastal community of waterfront homes that allows weekly rentals and offers a plethora of amenities including gorgeous beaches, a beach club, golf, tennis, pickleball, restaurants, parks, shopping and more! World-class fishing and diving are just minutes from your 75' concrete dock on a 100' wide

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • Unlisted Address

    $3,999,000

    • 4 Beds
    • 4 Baths
    • 3,222 Sq Ft

    Sprawling Sombrero Beach newly renovated retreat on an oversized lot with pool, private sandy beach and Open Water Views! Inside, this home boasts two spacious floors. Downstairs, a guest bedroom and a multi-purpose room used as fourth bedroom are just off the recreational room with access to a large covered porch and pool. A newly designed kitchen features quartz counters, new cabinetry &

    Lisa Ferringo Coldwell Banker Schmitt Real E

    Section Image
  • 231 Sombrero Beach Rd Unit 1, Marathon, FL 33050

    $1,299,000

    • 4 Beds
    • 3 Baths
    • 1,888 Sq Ft
    • 231 Sombrero Beach Rd
    • Unit 1
    • Marathon, FL

    Experience the ultimate in Florida Keys living at this canal front 4-bedroom, 3-bath 1,888 sq. ft. half-duplex pool home located in the heart of Marathon. Ideally located just down the street from stunning Sombrero Beach, this waterfront retreat offers deep water dockage with ocean acces, a private heated pool, and desirable weekly rental zoning with good rental history. Inside, enjoy an

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 875 50th Street Gulf, Marathon, FL 33050

    $6,500,000

    • 5 Beds
    • 5 Baths
    • 4,146 Sq Ft
    • 875 50th Street Gulf
    • Marathon, FL

    At the very tip of a private peninsula in the heart of the Florida Keys, this stunning Gulffront property delivers the ultimate waterfront lifestyle. Built in 2022, this 4,146 sq. ft. Coastal Modern residence was crafted by one of Marathon's premier builders with meticulous attention to detail, blending clean architectural lines with the relaxed elegance of island living. From the moment you

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 510 43rd Street Gulf, Marathon, FL 33050

    $537,000 Under Contract

    • 3 Beds
    • 1 Bath
    • 1,396 Sq Ft
    • 510 43rd Street Gulf
    • Marathon, FL

    This Mid-Twentieth Century find is perfect for a growing family with its open floor plan and large yard. Updated HVAC (2021), covered parking, and a storage shed offer convenience and peace of mind. The casual design of this home allows for relaxing in the open living area or spreading out in the yard with games and toys while you barbecue. Clean white cabinetry with generous storage adds to

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 96 Sunrise Dr, Marathon, FL 33050

    $2,200,000

    • Land
    • -- per Acre
    • 96 Sunrise Dr
    • Marathon, FL

    Build your dream oceanfront home in the prestigious gated community of Sunrise Isle, a coastal island of just 20 properties located next to beautiful Sombrero Beach in the heart of Marathon. Build anytime you like as the property comes with a deeded City of Marathon Transferrable Building Right subject to the conditions of the City of Marathon. Generous 33,1221sq. ft. ocean and canal front lot (a

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image

Source: Key West Association of REALTORS®

MLS Number: 612834

Key West Association of REALTORS®

APN: 00375350-000000