$642,000
$57K PRICE DROP

58704 Overseas Hwy Marathon, FL 33050

Estimated payment $3,868/month

Total Views 7,906
2 Beds
1 Bath
1,160 Sq Ft
$553 Price per Sq Ft

Highlights

  • No HOA
  • Impact Glass
  • Central Heating and Cooling System
  • Coral Shores High School Rated A
  • Outdoor Storage
  • 1-minute walk to Curry Hammock State Park

About This Home

Welcome to a rare gem in Grassy Key--this unique property offers an incredible opportunity to own a piece of Florida Keys history. Nestled on a spacious 20,000 sq ft (.46-acre) lot surrounded by mature shade trees, this charming 2-bedroom, 1-bathroom original Conch bungalow offers 1,160 sq ft of character and potential.Once home to the beloved 'Hidey Hole' Bar & Grill, the building has been thoughtfully converted into a cozy residence featuring high ceilings in the living and dining areas, impact windows, concrete construction and metal roof.The expansive lot offers plenty of room to grow--add a pool, tiki hut, guest house, or other accessory structures to make the most of this tropical oasis.Located conveniently near dining, shopping and boat ramp, this home combines island living with unbeatable access to all the Keys have to offer.This property includes a transient rental license, allowing for weekly, monthly, or annual rentals--a perfect investment opportunity or tropical getaway with income potential.Don't miss out on owning a piece of Florida Keys history!

Listing Agent

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 04/11/2025

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1948

Lot Details

  • 0.46 Acre Lot
  • Property is zoned RM - Residential Medium

Parking

  • Open Parking

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,160 Sq Ft Home
  • Blinds
  • Laminate Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Ground Level

Community Details

  • No Home Owners Association
  • Crains Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00366800-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1948

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
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4443.48
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1948
  • Alternate Key Number: 1449971
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 20000.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1160.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Laminate
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00366800-000100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.46

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

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 $4,365 $412,219 $213,400 $198,819
2023 $4,365 $402,556 $213,400 $189,156
2022 $4,472 $409,015 $0 $0
2021 $4,995 $399,792 $213,400 $186,392
2020 $4,773 $397,110 $208,550 $188,560
2019 $4,371 $342,661 $212,850 $129,811
2018 $3,069 $258,955 $0 $0
2017 $3,015 $253,629 $0 $0
2016 $3,031 $248,413 $0 $0
2015 $3,025 $246,686 $0 $0
2014 $3,060 $244,728 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $642,000 -0.8% $553 / Sq Ft
06/15/2025 06/15/25 Price Changed $647,000 -4.1% $558 / Sq Ft
05/05/2025 05/05/25 Price Changed $675,000 -3.4% $582 / Sq Ft
04/11/2025 04/11/25 For Sale $699,000 +42.9% $603 / Sq Ft
11/16/2021 11/16/21 Sold $489,000 0.0% $422 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $489,000 -2.0% $422 / Sq Ft
07/20/2021 07/20/21 Price Changed $499,000 -3.9% $430 / Sq Ft
07/12/2021 07/12/21 Price Changed $519,000 -1.0% $447 / Sq Ft
06/29/2021 06/29/21 Price Changed $524,000 -0.9% $452 / Sq Ft
06/18/2021 06/18/21 For Sale $529,000 -- $456 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $489,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $180,000 --
Warranty Deed $80,000 --
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,000 VA
Previous Owner $116,000 Stand Alone First
Previous Owner $122,000 Unknown
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 614595

Florida Keys Board of REALTORS®

APN: 00366800-000100