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For sale
  • Price cut: $28K (6/15)
    $647,000

    58704 Overseas Hwy, Grassy Key, FL 33050

    2beds
    1,160sqft
    : 
    Single Family Residence
    Built in 1948
    0.46 Acres Lot
    $625,000 Zestimate®
    $558/sqft
    $-- HOA

    What's special

    Mature shade treesTropical oasisMetal roofExpansive lotImpact windows
    Welcome to a rare gem in Grassy Key--this unique property offers an incredible opportunity to own a piece of Florida Keys history. Nestled on a spacious 20,000 sq ft (.46-acre) lot surrounded by mature shade trees, this charming 2-bedroom, 1-bathroom original Conch bungalow offers 1,160 sq ft of character and potential.Once home to the beloved 'Hidey Hole' Bar & Grill, the building has been thoughtfully converted into a cozy residence featuring high ceilings in the living and dining areas, impact windows, concrete construction and metal roof.The expansive lot offers plenty of room to grow--add a pool, tiki hut, guest house, or other accessory structures to make the most of this tropical oasis.Located conveniently near dining, shopping and boat ramp, this home combines island living with unbeatable access to all the Keys have to offer.This property includes a transient rental license, allowing for weekly, monthly, or annual rentals--a perfect investment opportunity or tropical getaway with income potential.Don't miss out on owning a piece of Florida Keys history!
    117 days
    on Zillow
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    414
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    Zillow last checked: 7 hours ago

    Listing updated: June 15, 2025 at 12:35am

    Listed by:

    LISA FRINS P.A. 305-522-1479,

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Source: FLKMLS,MLS#: 614595MLS LogoOriginating MLS: Florida Keys
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 58704 Overseas Hwy.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Flooring: Laminate
    • Windows: Drapes/Blinds Incl, Impact Rstnce Window
    Interior area
    • Total interior livable area: 1,160 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Ground Level
    • Exterior features: Storage
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 0.46 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Parcel number: 00366800000100
    • Zoning: RM
    • Zoning description: Residential Medium

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Metal
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Cable Connected

    Community & HOA

    Community
    • Security: No Security
    • Subdivision: Crains Sub (58.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Grassy Key

    Financial & listing details

    • Price per square foot: $558/sqft
    • Tax assessed value: $412,219
    • Annual tax amount: $4,443
    • Date on market: 4/11/2025
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