57478 Overseas Highway 0, Marathon, FL 33050
$10,500,000
Property Type:
Vacant Land
Lot Size (sq. ft.):
103,025
Status:
Active
Current Price:
$10,500,000
List Date:
3/05/2026
Last Modified:
3/20/2026
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 Keysâ€''such as Islamoradaâ€''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.
A truly rare offering combining scale, location, and oceanfront presenceâ€''an exceptional opportunity to develop a legacy project in one of Florida's most coveted coastal destinations.
Please read the broker's remarks for detailed information on this offering.
More Information MLS# 618926
Contract Information
Current Price: $10,500,000
Listing Date: 2026-02-10
Listing Board: Florida Keys
List Price: $10,500,000
ROGO Exempt: No
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 57478
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Crains Sub (58.0)
Area: 19 - Crawl Key & Grassy Key
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Lot SqFt: 103025
Status Change Info
Status: Active
Miscellaneous Info
Mobile Home Lot: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Tax Exemptions: None
Waterfront: Oceanfront
Dockage: None
Waterview: Ocean View; Open Water View
Land Size: 5 Less Than 10 Acres
Listing Office: Compass Florida - Bayshore Drive
Last Updated: March - 20 - 2026
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