59733 Paradise Place Marathon, FL 33050
Estimated payment $20,949/month
Highlights
- Dock made with concrete
- Boat Lift
- Gulf View
- Coral Shores High School Rated A
- New Construction
- 1-minute walk to Long Key State Park
About This Home
An exceptional to-be-built waterfront estate in Grassy Key, offering the rare opportunity to secure a newly constructed luxury residence in the Florida Keys. Construction will commence upon contract, allowing buyers the opportunity to select finishes and tailor the home to their vision. Planned as a striking five-bedroom, five-bath contemporary coastal residence with over 4,000 square feet of living space, the design features expansive impact glass, open-concept interiors, and a chef's kitchen designed for elegant entertaining. Multiple terraces frame sweeping bay views, while the outdoor setting is designed for a private pool and effortless boating access to the open ocean. Architectural plans and renderings available upon request.
Listing Agent
Internet Realty of the Florida Keys Inc License #697650 Listed on: 03/07/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,610
Year Built
- Built in 2026 | New Construction
Lot Details
- 6,162 Sq Ft Lot
- Home fronts a canal
- Property is zoned RL - Residential Low
Property Views
- Gulf
- Canal
Home Design
- Concrete Roof
Interior Spaces
- 4,000 Sq Ft Home
- 3-Story Property
- Elevator
- Utility Room
Kitchen
- Oven
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
- Fire and Smoke Detector
Parking
- Covered Parking
- Off-Street Parking
Outdoor Features
- Boat Lift
- Dock made with concrete
- Balcony
- Deck
Utilities
- Central Heating and Cooling System
- Public Hookup Available For Sewer
Community Details
- Property has a Home Owners Association
- Grassy Key Subdivision
Listing and Financial Details
- Assessor Parcel Number 00376451-000100
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,725 | $463,299 | $348,153 | $115,146 |
| 2024 | $3,350 | $442,121 | $345,072 | $97,049 |
| 2023 | $3,350 | $372,338 | $275,750 | $96,588 |
| 2022 | $3,195 | $359,601 | $257,264 | $102,337 |
| 2021 | $2,904 | $277,091 | $183,320 | $93,771 |
| 2020 | $2,714 | $269,208 | $169,455 | $99,753 |
| 2019 | $2,305 | $182,819 | $80,106 | $102,713 |
| 2018 | $2,237 | $183,402 | $80,106 | $103,296 |
| 2017 | $2,271 | $187,415 | $0 | $0 |
| 2016 | $2,527 | $207,799 | $0 | $0 |
| 2015 | $2,506 | $204,719 | $0 | $0 |
| 2014 | $2,790 | $176,708 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2026 05/19/26 | Price Changed | $640,000 | -1.5% | $442 / Sq Ft | |
| 04/19/2026 04/19/26 | Price Changed | $650,000 | -82.9% | $449 / Sq Ft | |
| 03/07/2026 03/07/26 | For Sale | $3,800,000 | +467.2% | $950 / Sq Ft | |
| 02/14/2026 02/14/26 | Price Changed | $670,000 | -0.7% | $463 / Sq Ft | |
| 01/23/2026 01/23/26 | For Sale | $675,000 | +20.5% | $466 / Sq Ft | |
| 02/26/2024 02/26/24 | Sold | $560,000 | -6.5% | $387 / Sq Ft | View Prior Sale |
| 02/16/2024 02/16/24 | Pending | -- | -- | -- | |
| 10/01/2023 10/01/23 | For Sale | $599,000 | +149.6% | $414 / Sq Ft | |
| 12/01/2014 12/01/14 | Sold | $240,000 | -24.5% | $166 / Sq Ft | View Prior Sale |
| 09/23/2014 09/23/14 | Pending | -- | -- | -- | |
| 07/07/2014 07/07/14 | For Sale | $318,000 | -- | $220 / Sq Ft |
Source: Key West Association of REALTORS®
MLS Number: 618977
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