Price Reduction - Waterfront
Listed By:
This listing is courtesy of Ocean Sotheby's International
Address
58652 Overseas Highway, Marathon, FL
Price
$ 3,495,000
Property Attributes
  • MLS#A12056681
  • TypeSingle Family
  • Listing Status Active
  • CountyMonroe
  • CityMarathon
  • Area98 Florida Keys
  • NeighborhoodCrains Sub
  • Zip33050
  • Style
  • Year Built1981
  • Taxes$ 14033
  • Price$ 3,495,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2429
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Enter the bougainvillea-lined gates of Casa Feliz, a private oceanfront retreat on Grassy Key with expansive water views, white sand beach, and a true resort-style experience in the Florida Keys. An exceptional investment opportunity, Casa Feliz is a strong producing vacation rental with rental history and future bookings already in place. Set on over 24,000 square feet of lush grounds with mature landscaping, fruit trees, fresh herbs, and .29 acres of bay bottom, this exceptional estate is designed for both relaxation and entertaining. An observation pier invites kayaking, paddleboarding, fishing, and endless enjoyment of marine life, while the unique orientation captures both breathtaking sunrise and sunset views over the water, a rare and coveted feature in the Keys. Outdoor living is elevated with a resort-style saltwater pool featuring cascading waterfalls, spillover spa, and fully equipped poolside cabana complete with wet bar, refrigerator, ice maker, and cooking area. A fire table and beachside fire pit create the ultimate setting for entertaining or unwinding beneath the stars. Completely renovated down to the studs in 2022, the three-story residence was thoughtfully redesigned to maximize sweeping ocean views from nearly every room. Offering four custom bedroom suites, each with private en-suite bath, the home comfortably accommodates guests in luxury.

Price History
7/28/2026 Listed $3,650,000
8/24/2026 4$3,495,000

General Features

Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s)
Possession Close Of Escrow
Roof Metal
Appliances Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Wine Cooler,Washer
Patio/Porch Features Balcony,Open,Porch
Pool Features Concrete,Heated,In Ground,Pool
Security Features Smoke Detector(s)
Restrictions Dock Restrictions
Construction Materials Block
Pets Allowed Cats OK,Dogs OK,Yes
Year Built 1981
View Ocean
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Corporation
Waterfront Features Ocean Access,Ocean Front
County Monroe
Property Type Residential
Subdivision Name Crains Sub
Facing Direction North
Garage Y/N false
Full Baths 4
Status Active
City Marathon
Disclosures None
Senior Community Y/N false
Zoning Description RM
MLS Area 98 Florida Keys
Lot Size Units Square Feet
Lot Size Square Feet 24394
Carport Spaces 4
Carport Y/N true
Listing Terms Cash,Conventional,VA Loan
Spa Features Heated,In Ground
Year Built Details Effective Year Built
Tax Annual Amount 14033
MLS Area Minor Other Geographic Area (Out Of Area Only)
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12056681
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
PostalCity Marathon
Legal Description BK 1 LT 7 CRAINS SUBD PB1-51 GRASSY KEY

Interior Features

Interior Amenities Dining Area,Separate/Formal Dining Room,Second Floor Entry,Kitchen Island,Living/Dining Room,Pantry,Shower Only,Upper Level Primary,Walk-In Closet(s)
Flooring Hardwood,Tile,Wood
Furnished Y/N Furnished
Heating Y/N true
Window Features Blinds,Drapes,Impact Glass
Total Bedrooms 4
LivingAreaSource Appraiser
Total Baths 4

Exterior Features

Exterior Amenities Balcony,Barbecue,Fence,Fruit Trees,Security/High Impact Doors,Lighting,Outdoor Shower,Porch
Parking Features Attached Carport,Covered,Driveway,Paver Block
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Area 24394
Spa true
Frontage Length 60
Private Pool true
Waterfront Y/N true
Covered Spaces 4
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33050

Price
AVG $3.08M
$3.5M
Taxes
AVG $12,317
$14,033
Year Built
AVG 1996
1981

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