59733 Paradise Place Marathon, FL 33050
Estimated payment $19,866/month
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
Map
Home Details
Home Type
Single Family
Year Built
2026
Lot Details
6,098 Sq Ft Lot
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: Yes
- Dockage Dock: Concrete
- Fee Includes: None
- Key Island: Marathon
- Limited Representation: No
- Marathon Neighborhood: Grassy Key
- Mile Marker: 58.90
- Min Rental Days: 7.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Bay/Gulf
- State Province: FL
- Taxes: 4609.88
- Vehicle Storage: Attached, Covered Parking, Off Street Parking
- Vehicle Storage Cars: 4+
- Year Built: 2026
- Alternate Key Number: 1459542
- Cooling Heating: Central Air
- Lot Sq Ft: 6162.00
- Porch Balcony: Open Porch/Balcony, Deck, Roof Top Deck
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 3 Stories
- Estimated Living Sq Ft: 4000.00
- Property Condition: New Construction
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: NewHome
- Property Sub Type: Detached
- Stories: 3
Interior Features
- Interior Amenities: Elevator, Smoke Alarms, Security System
- Total Bathrooms: 5.00
- Full Bathrooms: 5
- Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Specialty Rooms: Laundry Room, Utility Room
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 5
Exterior Features
- Dockage: Boat Lift
- Waterfront: Canal Front
- Waterfront: Yes
- Construction: CBS
- Roof: Concrete Roof
- Waterview: Bay/Gulf View, Canal View
- Pool: No
Utilities
- Utilities: Buyer to Verify
- Heating: Central
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00376451-000100
- Lot Size: X
- Land Size: Less Than 1/4 Acre
- Acres: 0.14
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 2025
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 |
|---|---|---|---|---|---|
| 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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