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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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57478 Overseas Hwy , Marathon, FL 33050
$7,000,000
Est. Payment: $35,329.54/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 193
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rare oceanfront development opportunity in the heart of the Florida Keys. Encompassing nearly 6 acres of pristine oceanfront land in Grassy Key, this exceptional parcel presents an ideal canvas for developers seeking to create luxury residential units with direct oceanfront and beach access. Surrounded by unspoiled natural beauty and tranquil beaches, the property offers immediate proximity to shopping, fine dining, spas, marinas, and world-class boating. Residents will enjoy unparalleled access to deep-sea fishing, scuba diving, snorkeling, and vibrant coral reefs, all set against the backdrop of the Keys’ iconic turquoise waters. Located in Marathon, often referred to as the Heart of the Florida Keys, the site benefits from a highly desirable central Keys location, conveniently positioned between the Upper Keys—such as Islamorada—and the Lower Keys, including Key West. Marathon is known for its rich maritime history, local airport, and accessibility, serving as a central hub comprising islands such as Vaca Key, Duck Key, and Grassy Key.

Highlights

Listed by Iliana Abella , 305-505-0488 and Lamar P Fisher , 954-942-0917 Compass Florida, LLC , 305-697-2904. REALTOR Association of Greater Miami and the Beach

Property Type

Vacant Land

Lot/Acreage
2.37

County

Monroe

Area

98 Florida Keys

Neighborhood

Crains Subd

Listing ID

A11940104

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Ocean Access,Ocean Front
Lot Dimensions:360x465
Zoning:SC
Sewer:Other
Principal Interest
$35,330
Taxes
$352

Home Price

$7,000,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$1,400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$35,329.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $35,329.54 $351.83 $0.00 $35,681.38
Yearly $423,954.53 $4,222.00 $0.00 $428,176.53
Total $12,718,635.90 $126,660.00 $0.00 $12,845,295.90

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Marathon, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T03:56:26.000Z

© 2026 REALTOR Association of Greater Miami and the Beach