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58704 Overseas Highway, Marathon, FL 33050

$619,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,160 Lot Size (sq. ft.): 20,000 Status: Active
Current Price: $619,000 List Date: 4/11/2025 Last Modified: 12/11/2025

Description

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!

More Information MLS# 614595

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $619,000 Listing Date: 2025-04-11 List Price: $619,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 58 Marathon Neighborhood: Grassy Key Side: Ocean Flood Zone: AE,AE Alternate Key #: 1449971 Parcel #: 00366800-000100 Zoning: RM - Residential Medium Deed Restrictions: Unknown Legal: N 200FT OF W 40FT LOT 2 SQR 1 N 200FT OF LOT 3 SQR 1 CRAINS SUBD OF GRASSY KEY PB1-51 OR353-108 OR355-191 OR425-453 OR44 Taxes: 4443.48 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 58704 Street Name: Overseas Street Suffix: Highway 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: No Control Depth: 0 Lot SqFt: 20000 Pool: No Lot Sqft Source: Tax Records Total Units: 0 Acres: 0.46 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1948 Living Apx SqFt: 1160 Total Bedrooms: 2 Full Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: 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!

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Laminate: 1

Interior Features

Drapes/Blinds Incl: 1

Building Style

Above Flood: Unknown Ground Level: 1

Windows/Doors

Impact Rstnce Window: 1

Vehicle Storage

Open Parking: 1

Security

No Security: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Unfurnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Exterior Features

Storage: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Open Parking Furnished: Unfurnished Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl Pre-Wired: Cable Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Storage Construction: CBS; Concrete Floor: Laminate Roof: Metal Roof Pets: Pets Allowed Security: No Security Land Size: 1/4 - 1/2 Acre Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Last Updated: December - 11 - 2025
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.