$3,800,000
NEW CONSTRUCTION

59733 Paradise Place Marathon, FL 33050

Estimated payment $20,889/month

Total Views 3,854
5 Beds
5 Baths
4,000 Sq Ft
$950 Price per Sq Ft

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

Sabrina Acevedo

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

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

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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®

Source: Key West Association of REALTORS®

MLS Number: 618977

Key West Association of REALTORS®
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