277 Peachtree Ave Marathon, FL 33050
Estimated payment $4,121/month
About This Home
Great investment home on Grassy Key is situated on a rare double corner lot totaling over 15,000 square feet. This 3 bedroom, 2 bath home has been recently updated with new flooring, renovated bathrooms, new washer/dryer and new stainless steel appliances. Seven day rentals are allowed. There is a salt pond, Lake Edna, directly across the street adding to the privacy of this unique property that offers a secluded ''Old Florida'' feel that is increasingly hard to find. Among the mature landscaping, you'll find producing banana, papaya and coconut trees. Grassy Key itself is a laid back community with beaches, restaurants, state parks, shops all within a short drive. This property is 2 miles from the planned Valhalla Island Resort. Don't let this unique investment opportunity to pass you by!
Map
Home Details
Home Type
Single Family
Year Built
1968
Lot Details
0.34 Acres
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- Handicap Access: No
- Key Island: Marathon
- Limited Representation: No
- Marathon Neighborhood: Grassy Key
- Mile Marker: 58.00
- Min Rental Days: 7.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Bay/Gulf
- State Province: FL
- Taxes: 4836.21
- Year Built: 1968
- Alternate Key Number: 1456357
- Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
- Lot Sq Ft: 15000.00
- Porch Balcony: Open Porch/Balcony, Deck
- Species List: No
- Tax Exemptions: None
- Building Style Above Flood: No
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 1584.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
- Stories: 2
Interior Features
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
- Floor: Laminate
- Windows/Doors: Glass Doors, Sliding Glass Doors
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: None, Salt Ponds
- Waterfront: No
- Construction: CBS
- Waterview: Salt Ponds
- Pool: No
Utilities
- Utilities: Buyer to Verify, Cable Available
Lot Info
- Deed Restrictions: Yes
- Flood Zone: AE
- Parcel Number: 00373270-000000
- Land Size: More than 1 Lot
- Acres: 0.34
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished
Tax Info
- Tax Year: 2025
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,671 | $490,095 | $341,250 | $148,845 |
| 2024 | $2,652 | $447,429 | $300,000 | $147,429 |
| 2023 | $2,652 | $267,058 | $0 | $0 |
| 2022 | $2,605 | $259,280 | $0 | $0 |
| 2021 | $2,610 | $251,729 | $0 | $0 |
| 2020 | $2,541 | $248,254 | $0 | $0 |
| 2019 | $2,484 | $242,673 | $0 | $0 |
| 2018 | $2,365 | $238,149 | $0 | $0 |
| 2017 | $2,315 | $233,251 | $0 | $0 |
| 2016 | $2,329 | $228,454 | $0 | $0 |
| 2015 | $2,325 | $226,866 | $0 | $0 |
| 2014 | $2,357 | $225,065 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/03/2026 03/03/26 | Pending | -- | -- | -- | |
| 01/10/2026 01/10/26 | For Sale | $699,000 | +30.0% | $441 / Sq Ft | |
| 05/05/2023 05/05/23 | Sold | $537,530 | -4.0% | $339 / Sq Ft | View Prior Sale |
| 04/18/2023 04/18/23 | Pending | -- | -- | -- | |
| 03/29/2023 03/29/23 | For Sale | $560,000 | -- | $354 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Listed On Document | |
| Warranty Deed | $537,600 | None Listed On Document | |
| Warranty Deed | $226,500 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $55,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $203,850 | New Conventional | |
| Previous Owner | $82,500 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 618046
APN: 00373270-000000
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