$10,700,000
Marathon, FL 33050
MLS# R10702272
Status: Closed
8 beds | 9 baths | 27147 sqft
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Property Description
Paradise Found in The Florida Keys! Rare opportunity in Marathon, Grassy Key to own your own private compound perched on 5.5 blue waterfront acres as well as owning 5.25 Acres of Bay Bottom. This is truly a boater's dream. The private gates open and 100 Ft. Royal Palms line the driveway to welcome you and your family. Tropical breezes blow through the over 200 Palm Trees. Just off the Main House with its incredible infinity edge pool is the 2 garage boat house with private captains quarters. This property has its own private boat basin with 500 Ft private pier. A Salt water Coral Grotto with Lobster Farm. Bring your Sport Fisher, Flats Boats and Jets Skis to fish and explore all the Florida Keys has to offer from your backyard. Sip cocktails and enjoy the incredible sunsets over the bay.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-03-24
Status: Closed
Original List Price: 12500000
Sold Price: $10,700,000
Current Price: $10,700,000
Location and Legal
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 57865
Street Name: Morton
Street Suffix: Street
City Name: Marathon
State Or Province: FL
Postal Code: 33050
Postal Zip: 33050
Subdivision Name: CRAINS SUBD
Area: 5940 - Other Florida County
Special Assessment YN: No
Parcel Number: 00374940000000
Zoning: is/is
Directions: US1 to Grassy Key.
from the North or South
turn onto Peachtree Avenue,
at Mile Marker 57.8.
Go west to end of the street make a right and the gates are immediately on your left.
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 9
Bathrooms Full: 8
Bathrooms Half: 1
Building Area Main: 27147
Building Area Source: Public Records
Living Area Main: 9524
Year Built: 1999
Garage YN: 1
Garage Spaces: 8
Carport YN: 1
Attached Carport YN: Yes
Covered Spaces: 8
Gated Community YN: No
Lot Size Area: 254475
Lot Size Acres: 5.84
Lot Size Dimensions: 5.85 acres, 5 additional bay bottom
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 3
Stories: 3
Direction Faces: East
Pool Private YN: Yes
Spa YN: Yes
Furnished: Partially
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 33927.4
Tax Year: 2020
Tax Legal Description: BK 60 LT 9-17 AND LAND LYING BETWEEN SW LINE OF CHAUTAUGA BLVD AND SHORELINE BAY BOTTOM ADJ TO LOTS 9-14 SQ 60 CRAINS SU
Status Change Information
Major Change Timestamp: 2021-06-15T11:27:52Z
Major Change Type: Status Change
Status Change Date: 2021-06-15
Under Contract Date: 2021-04-25
Close Date: 2021-06-14
Close Price: 10700000
Buyer Financing: Cash
Short Sale Details
Short Sale Addendum: No
Boat and Dock Information
Dock: Yes
Boat Max Length: 50
Dock Details: yes
Boat Dock Accommodates: Up to 50 Ft Boat
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Storm Protection
Electric/Power Shutters: Partial
Impact Glass: Partial
Panel Shutters: Partial
Room Types
Kitchen Level: Upper
Living Room Level: Upper
Master Bedroom Level: Upper
Other Level: Upper
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 1123.47
Original List Price To Close Price: 1.16
Originating Details
Originating System Key: 20210314221846568201000000
Originating System ID: M00000170
Property Features
Dining Area: Breakfast Area; Eat-In Kitchen
Exterior Features: Custom Lighting
Flooring: Carpet; Marble
Guest House Features: 1 Bath; 1 Bedrooms; 2 Baths; 2 Bedrooms; Efficiency
Parking Features: Circular Driveway; Decorative; Driveway; Garage Door Opener; Attached Carport; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer; Water Heater; Cooktop
Water Heater Details: Electric Water Heater
Boat and Dock Features: Boathouse; Private Dock; Ramp; Exclusive Use
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bar; Built-in Features; Cathedral Ceiling(s); Closet Cabinetry; Elevator; Entrance Foyer; High Ceilings; Kitchen Island; Roman Tub; Upstairs Living Area; Vaulted Ceiling(s)
Laundry Features: Inside; Laundry Closet
Levels: Multi/Split
Listing Terms: Cash; Conventional
Membership: No Membership Available
Other Structures: Cottage; Outbuilding
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: Above Ground; Concrete; Equipment Included; Heated; Salt Water
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Spanish Tile
Security Features: Closed Circuit Camera(s); Gated - No Guard; Security System; Security System Owned
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Storm Protection Details: Generator Hookup; Storm Shutters
Tax Information: City/County
Unit Description: Studio
Utilities: Cable Available; Sewer Available; Water Available
View: Pool
Water Access: Ocean Access
Water Source: Public
Water View: Bay
Waterfront Features: Basin; Bayfront; Point Lot
Showing Requirements: 24 Hour Notice; Alarm System; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered; Balcony - Open
Patio Details: Patio - Open
Contingencies: None
Room Types: Kitchen; Laundry; Living Room; Master Bedroom; Media Room; Other; Workshop
Acreage Description: 5 To Less Than 10 Acre Lot
Supplements
Just a few minute boat ride to the best fishing and scuba diving in all of the Florida Keys. Separate 2 bedroom guest house and workshop with 1 bedroom apt for grounds keeper. Private Jet access only 10 minutes from property.Truly a WOW!
Room Information
| Room Name | Length | Width | Level | Remarks |
| Living Room | 34.00 | 20.00 | Upper | |
| Kitchen | 23.00 | 14.00 | Upper | |
| Master Bedroom | 34.00 | 19.00 | Upper | |
| Other | 21.00 | 21.00 | Upper | Media movie room |
| Media Room | ||||
| Laundry | ||||
| Workshop |
Listing Office: Illustrated Properties
Last Updated: July - 03 - 2026
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