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57967 Morton Street, Marathon, FL 33050

New Listing
$2,300,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,935 Lot Size (sq. ft.): 8,550 Status: Active
Current Price: $2,300,000 List Date: 3/06/2026 Last Modified: 3/06/2026

Description

Gulf-Front Open Water Estate | Turn-Key | Proven Vacation Rental | Premier Boating Access Experience the ultimate in Florida Keys waterfront living at ''Casa Azul Villa'' -- a beautifully renovated Gulf-front residence in the quiet and highly desirable community of Grassy Key. Showcasing breathtaking open water views, exceptional boating access, and a strong vacation rental history, this property is equally suited as a private coastal retreat or a high-performing investment. Positioned on a secluded, low-traffic street away from US-1 noise, this home offers rare privacy paired with panoramic Gulf vistas and unforgettable sunset skies. Inside, the thoughtfully updated 3-bedroom plus loft bedroom, 2-bath layout is designed for relaxed island living and effortless entertaining. The spacious open-concept living, dining, and kitchen area captures stunning water views while providing seamless flow for gatherings. Offered fully furnished and turn-key, this home is ready to continue operating as a successful vacation rental from day one. Step outside to your private backyard oasis featuring a sparkling pool with sitting area, expansive lounging areas, and dedicated entertaining space -- all overlooking the open Gulf. The waterfront setting creates a true resort-style experience for owners and guests alike. Boating enthusiasts will appreciate the ample dockage and direct Gulf access, providing quick entry to world-class fishing, offshore adventures, and iconic sandbar destinations. Simply step from your backyard to your boat and enjoy some of the best boating the Keys has to offer. Whether you're seeking a luxury waterfront lifestyle, a proven income-producing property, or both -- this Gulf-front estate delivers.

More Information MLS# 618946

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: No Current Price: $2,300,000 Listing Date: 2026-03-05 List Price: $2,300,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 58 Marathon Neighborhood: Grassy Key Side: Bay/Gulf Flood Zone: VE VE AE Alternate Key #: 1457914 Parcel #: 00374840000000 Zoning: RM - Residential Medium Deed Restrictions: Unknown Legal: Bk 60 Lt 4 Crains Subd Of Grassy Key Pb 1-51 Pt Secs24-25-26 Twp 65S R 33E Taxes: 13426.12 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 57967 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 Waterfront: Yes Control Depth: 5 Lot Size: 60 X 150 Lot SqFt: 8550 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 1 Acres: 0.53 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Single Family Year Built: 1972 Living Apx SqFt: 1935 Total Bedrooms: 4 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Gulf-Front Open Water Estate | Turn-Key | Proven Vacation Rental | Premier Boating Access Experience the ultimate in Florida Keys waterfront living at ''Casa Azul Villa'' -- a beautifully renovated Gulf-front residence in the quiet and highly desirable community of Grassy Key. Showcasing breathtaking open water views, exceptional boating access, and a strong vacation rental history, this property is equally suited as a private coastal retreat or a high-performing investment. Positioned on a secluded, low-traffic street away from US-1 noise, this home offers rare privacy paired with panoramic Gulf vistas and unforgettable sunset skies. Inside, the thoughtfully updated 3-bedroom plus loft bedroom, 2-bath layout is designed for relaxed island living and effortless entertaining. The spacious open-concept living, dining, and kitchen area captures stunning water views while providing seamless flow for gatherings. Offered fully furnished and turn-key, this home is ready to continue operating as a successful vacation rental from day one. Step outside to your private backyard oasis featuring a sparkling pool with sitting area, expansive lounging areas, and dedicated entertaining space -- all overlooking the open Gulf. The waterfront setting creates a true resort-style experience for owners and guests alike. Boating enthusiasts will appreciate the ample dockage and direct Gulf access, providing quick entry to world-class fishing, offshore adventures, and iconic sandbar destinations. Simply step from your backyard to your boat and enjoy some of the best boating the Keys has to offer. Whether you're seeking a luxury waterfront lifestyle, a proven income-producing property, or both -- this Gulf-front estate delivers. Directions: Turn Gulf-side (MM 58) off US-1 onto Tropical Ave. Right turn onto Morton Street. Past Avocado Ave, house is on the left. 57967

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock: Wood

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Bay Front: 1 Gulf Front: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Open Water View: 1

Floor

Tile: 1

Interior Features

Built-in Cabinets: 1 Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Entrance Foyer: 1 Granite Counter Top: 1 Split Bedroom: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Loft: 1

Building Style

Above Flood: No Ground Level: 1 Stories: 1 Story

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Open Parking: 1 Off Street Parking: 1

Construction

Combo Construction: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Fencing: 1 Lanai: 1

Pool Info

In Ground: 1 Heated: Yes Fiberglass: 1 Decked: 1

Pre-Wired

Cable: 1

Roof

Tile Roof: 1

Financial Status

Standard Sale: Yes

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Off Street Parking; Open Parking Furnished: Furnished Cooling: Central Air Utilities: Buyer to Verify; FKAA Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Split Bedroom Pre-Wired: Cable Specialty Rooms: Loft Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Lanai Pool Info: In Ground; Fiberglass; Decked Construction: Combo Construction Floor: Tile Roof: Tile Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer
Listing Office: Expert Realty LLC (HQ)
Last Updated: March - 06 - 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.