$4,699,000
$1M PRICE DROP

58213 Morton St Marathon, FL 33050

Estimated payment $26,200/month

Total Views 116,383
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 4,000 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:

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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 List to Sale Price per Sq Ft
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

About the Listing Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW)

(786) 751-7833

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She launched her real estate career in 1989 with a luxury condominium developer in Miami, Florida. By 1995 she had been promoted to Broker of Mystic Point Realty in Aventura, and in 1999 she joined Sotheby’s International Realty in Miami Beach, where she quickly became a top-producing agent specializing in luxury estate homes.
In 2004, she purchased a vacation home in the Florida Keys and instantly fell in love with the area. Just six months later, she made the Keys her permanent home. Since

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Source: Key West Association of REALTORS®

MLS Number: 612834

Key West Association of REALTORS®

APN: 00375350-000000