58121 Morton Street, Marathon, FL 33050
$2,699,500
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
1,464
Lot Size (sq. ft.):
15,500
Status:
Active
Current Price:
$2,699,500
List Date:
5/07/2026
Last Modified:
5/07/2026
Description
Experience the ultimate Florida Keys retreat in this private, gated waterfront estate set on an oversized lot with breathtaking open water views and unforgettable sunset skies. Designed for both luxury living and exceptional rental performance, this 4-bedroom, 2-bath elevated home offers the perfect blend of comfort, style, and income potential with a 7-day vacation rental allowance.
The residence features impact windows and doors, a durable metal roof, hardie siding and an open-concept layout filled with natural light. Expansive windows frame panoramic water views from the main living areas, while the spacious design comfortably accommodates multiple families or large groups. The kitchen is appointed with granite countertops and flows seamlessly into the living and dining areas, creating an inviting space for entertaining.
Outdoor living is where this property truly shines. Enjoy a heated saltwater pool, gazebo with a metal roof, and an oversized covered breezeway that captures the essence of relaxed Keys living. The property is fully fenced with a private electric gate, offering both security and seclusion.
Boaters will appreciate the long dock, complete with a 13,000-lb boat lift, providing direct access to open water. Surrounded by abundant marine life and natural beauty, this is a true paradise for fishing, boating, and nature enthusiasts.
Whether you're seeking a high-performing investment property or a private waterfront escape, this home delivers luxury, privacy, and the quintessential Florida Keys lifestyle.
More Information MLS# 619802
Contract Information
Current Price: $2,699,500
Listing Date: 2026-05-07
Listing Board: Florida Keys
List Price: $2,699,500
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 58121
Street Name: Morton
Street Suffix: Street
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: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 1979
Lot Size: 80 X 200
Lot SqFt: 15500
Lot Sqft Source: Property Data Card
Acres: 0.61
Living Apx SqFt: 1464
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 7
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: No
1st Right of Refusal: No
License Info
Transient Rntl Licns: Yes
Dockage
Dock Length: 165
Dock: Wood
Seawall: Concrete
Building Style
Above Flood: Unknown
Vehicle Storage
Car(s): 4+
Pool Info
Heated: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Ocean View; Open Water View
Dockage: Boat Lift
Property Condition: Updated/Remodeled
Vehicle Storage: Off Street Parking; Open Parking
Furnished: Furnished; Negotiable
Cooling: Central Air
Heating: Electric
Utilities: Cable Available; FKAA
Interior Features: Drapes/Blinds Incl; Granite Counter Top; Sky Light(s); Smoke Alarms
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Chickee Hut; Fencing; Lighting; Storage
Pool Info: In Ground; Salt Water
Construction: Combo Construction; Frame; Hardi Board Siding
Floor: Carpet; Tile
Roof: Metal Roof
Pets: Pets Allowed
Security: Electric Gate
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional
Listing Office: Coldwell Banker Schmitt Key Largo
Last Updated: May - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.