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Sold for $740,000 on 02/12/25
  • $740,000

    398 Guava Ave, Grassy Key, FL 33050

    3beds
    1,344sqft
    Single Family Residence
    Built in 1982
    0.34 Acres Lot
    $725,700 Zestimate®
    $551/sqft
    $5,482 Estimated rent

    Home value

    $725,700

    $631,000 - $835,000

    $5,482/mo

    Zestimate® history
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    $4,280/mo

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    What's special

    Currently there is a very low inventory of Above Flood Homes in the city of Marathon priced below $800k. When you consider most lots range from 6k to 7k sqft, you quickly realize this recently updated Above Flood Home located in a quiet neighborhood in Grassy Key across from waterfront is a true rarity as it sits on a 15,000 sqft corner lot with mature landscaping throughout. Yes you read that right, a 15,000 sqft lot, which is double the size of a typical lot. The home is 1344 sqft living via a split open Floorplan and recent improvements include Hardie Board Siding with New Exterior Paint, a Metal Roof, Spray Foam attic insulation, a New A/C in 2021, a Newly Painted Concrete Slab below the home, that offers plenty of space to park your vehicles, a Large Covered Front Porch, a partial Fenced section of the Property with a Newly constructed Fire Pit area to relax and enjoy the peaceful surroundings. There is plenty of room on the property to store multiple boats, a RV, etc. Step inside and you will find upgraded 12x24 Wood Plank Tiles, Brand New Carpet in the Living Room and each of the Bedrooms, New Interior Paint, an Upgraded Kitchen with Raised Panel Wood Cabinets with Crown Molding & a Free Standing Pantry, Quartz Countertops, Stainless Steel Appliances, LED Recess Lighting. Both baths have updated Vanities with easy maintenance Fiberglass Showers. There is even a fully functional laundry room just off of the Kitchen. Step back outside and walk the property and you will quickly realize just how special and rare this is. Being in Marathon, weekly vacation rentals are allowed, and this home is Rent Ready. Less than a mile walk to Sunset Bay Park which offers glorious sunset views with a pier that leads to a kayak launch. Be sure not to miss out on the opportunity to own such a charming home and property in the fabulous Florida Keys!

    Zillow last checked: 8 hours ago

    Listing updated: February 20, 2025 at 07:46am

    Listed by:

    Kenny Matlock 305-849-5582,

    No Nonsense Real Estate Branch Office,

    Chris Cioffi 239-410-5099,

    No Nonsense Real Estate Branch Office

    Bought with:

    Barbara Bowers, 3266014

    Preferred Properties (KW)

    Source: FLKMLS,MLS#: 611676MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dryer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher
    Features
    • Pantry, Quartz Countertops, Walk-In Closet(s)
    • Flooring: Tile, Carpet
    • Windows: Panel
    Interior area
    • Total interior livable area: 1,344 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, RV Parking Open, Covered, Trailer Storage
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Open Porch/Balcony
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 0.34 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00370230000000
    • Zoning: RL
    • Zoning description: Residential Low

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA
    Green energy
    • Energy efficient items: Lighting

    Community & neighborhood

    Security
    • Security features: No Security
    Community
    • Community features: Other, Bike Paths
    Location
    • Region: Grassy Key
    • Subdivision: Crains Sub (58.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,FHA,Conventional

    Price history

    DateEventPrice
    2/12/2025Sold$740,000-5.7%$551/sqft
    Source: FLKMLS #611676
    1/13/2025Contingent$785,000$584/sqft
    Source: Key West AOR #611676
    10/2/2024Listed for sale$785,000+105.5%$584/sqft
    Source: Key West AOR #611676
    3/24/2021Listing removed--
    Source: Owner
    9/20/2016Sold$382,000-12.2%$284/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$6,249 +32.2%$597,287 +36.1%
    2024$4,727 +2.1%$438,947 +3%
    2023$4,629 +1.4%$426,163 +3%

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $725,700
    2% more+ $14,514
    With Zillow Showcase(estimated)
    $740,214