PRIVATE, ELEVATED/ABOVE FLOOD, AND SURROUNDED BY NATURE—YOUR PARADISE AWAITS! Tucked away at the end of a quiet street in Grassy Key, this elevated home offers privacy, tranquility, and a breathtaking natural backdrop with protected conservation land surrounding you. Just minutes from Marathon, you'll love the peaceful sounds of nature while still being close to all the BEST shops and restaurants in the Middle Keys. Situated on a spacious 7,500 sq. ft. lot, this 2-bedroom, 2-bathroom home boasts a METAL roof (installed in 2018) and a freshly updated driveway with new rock & mulch beds. There's ample space for multiple vehicles, as well as boats, trailers, or even an RV. Covered parking beneath the home adds extra convenience along with a separate enclosed storage area. Ascend the staircase and take in the open side patio, perfect for enjoying the sunshine & island breezes. The expansive enclosed front porch, accessible from the side patio, living room and kitchen areas, provides the perfect spot to relax & unwind ALL YEAR long. Inside, the spacious living room seamlessly flows into the well-appointed kitchen, which features ample cabinetry, generous counter space, a GAS range and sliding doors that open to the patio—perfect for indoor-outdoor living. The OPEN CONCEPT design leads to a hallway that connects the guest and main bedroom areas, creating a natural flow & separation throughout the home. Recent updates include new light and fan fixtures in the bedrooms & living area, as well as freshly painted rooms throughout. The flooring has also been updated, with brand-new carpet in the guest bedroom and stylish wood plank vinyl flooring in the living and kitchen areas. Just a short walk away, you'll find Sunset Bay Park, a scenic waterfront community park known for its vibrant wildlife and easy access to nearby bike trails. This peaceful & natural retreat is the paradise you've been searching for—schedule your showing today! Sellers have a FHA Assumable mortgage for those that qualify. 3.154% Call form more details.
Single-familyProperty Type
1990Year Built
7,500 sq ftLot Size
$700Est. Price/Sq.Ft.
4 spacesParking
Listed by Monica Barrett• Coldwell Banker Schmitt Real Estate Co.
Listed by Rick Servais• Coldwell Banker Schmitt Real Estate Co.
Bought with Michelle VanHoose• Coldwell Banker Schmitt Real Estate Co.
You just found the only available Above Flood Single Family Home in all of Marathon priced below $729K. It is located at the end of a quiet street in the Middle of Grassy Key with conservation land across the street and next door to the right, which offers great privacy and ensures you will never have to deal with anyone building next to you. House sits on a spacious 7500 sqft lot with an expansive Driveway, which offers plenty of parking for Multiple Vehicles, Boats with Trailer, a RV & has under the house parking. It has a Metal Roof, which was replaced in 2018 and the A/C has been upgraded within the last few years. Step up the staircase and enjoy the open side Patio & there is even an expansive Screened Enclosed Front Porch, which can be accessed directly from the Living Room & Kitchen Sliders. Step inside a find Spacious Living Room that flows into the Kitchen, which has plenty of cabinets & counter space, a Gas Range & its own Sliders out to the Patio. Both bedrooms are nicely sized & both baths have low maintenance fiberglass showers. Home is walking distance to a Waterfront Community Park called Sunset Bay Park , which is known for its Humming Birds, Cardinals & Mockingbirds. Do not miss out on this opportunity to own an Above Flood Home in Marathon for below $729k!!!
Public Records
Aug 27, 1990
Sold
$85,000
$98/sq ft
Public Records
Jun 21, 1989
Sold
$27,000
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,632 (−1.3%)
2024
$4,691 (−9.6%)
$300,000 + $134,911
$434,911
2023
$5,191 (+9.3%)
$360,000 + $127,096
$487,096
2022
$4,750 (+162.1%)
$264,375 + $127,125
$391,500
2021
$1,812 (+1.7%)
2020
$1,781 (+1.7%)
2019
$1,751 (+3.0%)
2018
$1,700 (+1.7%)
2017
$1,671
2016
$1,671 (−0.6%)
2015
$1,681 (−0.5%)
2014
$1,689
Tax history for 370 Cocoanut Ave
Year
Property tax
Land + Additions
Assessment*
2025
$4,632 (−1.3%)
2024
$4,691 (−9.6%)
$300,000 + $134,911
$434,911
2023
$5,191 (+9.3%)
$360,000 + $127,096
$487,096
2022
$4,750 (+162.1%)
$264,375 + $127,125
$391,500
2021
$1,812 (+1.7%)
2020
$1,781 (+1.7%)
2019
$1,751 (+3.0%)
2018
$1,700 (+1.7%)
2017
$1,671
2016
$1,671 (−0.6%)
2015
$1,681 (−0.5%)
2014
$1,689
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Building Style: Stilt Column Height: Medium - 5Ft - 9Ft
Construction: Frame
Roof: Metal Roof
Subdivision/Neighborhood
Subdivision: Crains Sub (58.0)
Marathon Neighborhood: Grassy Key
Financial
Tax Information
Taxes: $5,190.77
Tax Year: 2,023
Tax Exemptions: Homestead
Financial Information
Terms: Cash, FHA, VA, Conventional
Utilities
Utility Information
Utilities: FKAA, Propane, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify
Pre-Wired: Cable
Has Public Sewer Hook-up
Location
Homeowners Association Information
Association Info: 1st Right of Refusal: No
Association Info: Association Fee $: 0.00
Fee Includes: None
Location Information
Side: Bay/Gulf
Mile Marker: 58.00
Directions: From US 1, turn on to Guava Avenue. Take road all the way down until you reach Cocoanut Avenue, turn right. House will be the last home on the dead end street.
Neighborhood Features
Beach, Bike Paths, Airstrip, Other Area Features
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 864
Stories: 2.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1990
Year Renovated: 2000
County: Monroe County
APN: 2465 33 00369130000000
Home facts updated by county records on Oct 9, 2026
Around this home
Schools
K - 12
Preschool & daycare
Stanley Switlik Elementary School
Public PreK-5 • Assigned • 9.4mi
4/10
Marathon School
Public 6-12 • Assigned • 8.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
Heat Factor
We're working on getting current and accurate heat risk information for this home.
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Grassy Key, FL • 33050
Average low and high temperatures (°F)
72
64
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79
71
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76
70
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
In this area, properties receive around 9.8 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
9.8 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$575,000 – $697,000
Sell confidently with a local market expert in Grassy Key. 3 minutes to get started.