Experience this serene paradise at this four-bedroom Marathon bayfront home on Grassy Key. Immerse yourself in coastal living with a private beach on the Florida Bay, stunning ocean views, a swimming pool, and a dock offering unparalleled access to the Florida Keys lifestyle.This fully furnished vacation rental is adorned with tropical decor, blending luxury with island charm. Step into the spacious living area, illuminated by soaring ceilings and natural light. The kitchen offers updated appliances and ample space for meal preparation, perfect for gatherings.Outdoor living takes center stage with an expansive outside area featuring a kitchen and living space, ideal for al fresco entertainment. A downstairs tackle/storage room caters to avid anglers, while the heated pool and chiller ensure year-round comfort. The dock has a step down section to launch kayaks, 27,000 lb boat lift, additional 40'+ dockage with cleats and bumpers, fish cleaning table, anglers chairs.With all impact doors and windows and a metal roof, this home provides durability and peace of mind. Recent additions include a primary suite with his and her closets and a private porch with pool access, newer air conditioning units.From sunrise to sunset, this outdoor oasis offers unforgettable moments amidst the natural beauty of the Florida Keys. Take your chance to make this tranquil slice of paradise your own. Schedule your private showing today and claim this exquisite Marathon residence for yourself.
Sold for $2,525,000 on 08/19/24
$2,525,000
86 Pelican Rd, Grassy Key, FL 33050
4beds
2,012sqft
Single Family Residence
Built in 1963
0.55 Acres Lot
$2,460,700 Zestimate®
$1,255/sqft
$6,112 Estimated rent
Home value
$2,460,700
$2.12M - $2.85M
$6,112/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 04:06am
Listed by:
Mallory Ocean Realty Pinto,
Ocean Sotheby's International
Bought with:
outside of mls
Outside Of MLS
Source: FLKMLS,MLS#: 608708
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Built-in Cabinets, Walk-In Closet(s), Storage, Granite Counters, Cathedral Ceiling(s)
- Flooring: Tile
- Windows: Drapes/Blinds Incl, Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 2,012 sqft
Property
Parking
- Parking features: Off Street, Trailer Storage, Covered, RV Parking Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck
- Exterior features: Bar, Sandy Beach, Outdoor Kitchen, Lighting, Built-in Barbecue
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked, Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Bay/Gulf View, Water
- Has water view: Yes
- Water view: Bay/Gulf View,Water
- Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Sandy Beach, Dock: Composite, Dock Length: 100, Dockage: Boat Lift
Lot
- Size: 0.55 Acres
- Features: 1/2 - Less Than 1 AC
Details
- Additional structures: Workshop, Shed(s)
- Parcel number: 00375890000000
- Zoning: RL
- Zoning description: Residential Low
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Available, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Electric Gate, Patrolled Area
Location
- Region: Grassy Key
- Subdivision: Grassy Key (58.9)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $2,525,000-9.7%$1,255/sqft |
Source:  FLKMLS #608708 | ||
| 7/22/2024 | Pending sale | $2,795,000$1,389/sqft |
Source: FLKMLS #608708 | ||
| 6/24/2024 | Contingent | $2,795,000$1,389/sqft |
Source: FLKMLS #608708 | ||
| 6/17/2024 | Price change | $2,795,000-3.5%$1,389/sqft |
Source: FLKMLS #608708 | ||
| 5/30/2024 | Price change | $2,895,000-3.3%$1,439/sqft |
Source: FLKMLS #608708 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,586 -7.6% | $2,057,990 +11% |
| 2024 | $20,116 +6.3% | $1,853,457 +10% |
| 2023 | $18,924 +16.4% | $1,684,961 +10% |
Find assessor info on the county website
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 10.3 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 9.6 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,460,700
2% more+ $49,214
With Zillow Showcase(estimated)
$2,509,914