OFF MARKET

Off market aug 2024 for $2.5M

$2,773,317

Est. refi paymentEst. refi $8,572/mo

•

2,012

sq ft

86 Pelican Rd, Grassy Key, FL 33050

About this home

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.

Single-familyProperty Type

1963Year Built

0.55 acresLot Size

$1,378Est. Price/Sq.Ft.

Listed by Mallory Pinto • Ocean Sotheby's International

Bought with outside of mls mls • Outside Of MLS

Redfin checked: 2 minutes ago

•Source:FLKMLS #608708

Redfin Estimate

$2,773,317

$248K since sold in August 2024$46K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 72.1% higher than the average sale price ($1.61M) of 6 comparable homes.

SOLD AUG 25, 2026
$850,000
A
3 beds2 baths1,566 sq ft
219 Schooner Ln, Duck Key, FL 33050
SOLD SEP 1, 2026
$1,700,000
B
3 beds3 baths1,896 sq ft
58345 Morton St, Grassy Key, FL 33050
SOLD MAY 29, 2026
$2,700,000
C
4 beds2.5 baths1,464 sq ft
58121 Morton St, Grassy Key, FL 33050
SOLD SEP 1, 2026
$1,790,000
D
4 beds3 baths1,860 sq ft
600 12Th St, Key Colony, FL 33051
SOLD SEP 25, 2026
$1,330,000
E
2 beds2 baths1,646 sq ft
351 5th St, Key Colony, FL 33051
SOLD APR 30, 2026
$1,300,000
F
3 beds2 baths1,869 sq ft
261 W Seaview Dr, Duck Key, FL 33050

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,867/mo

Redfin rental estimate

List your home for rent

Market trends in 33050, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.6%

+1.8% MoM

Median sale price

$1.0M

$5K MoM

Avg. days on market

172d

48 days MoM

Recently sold homes

16 MoM

New listings for sale

$150,000
— beds— baths— sq ft
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$150,000
— beds— baths— sq ft
4 of 4 Tbr 22nd St. Ocean-no RE, Marathon, FL 33050
$150,000
— beds— baths— sq ft
TBR 125 117th Street Ocean, Marathon, FL 33050
$110,000
— beds— baths— sq ft
000 Overseas Hwy, Marathon, FL 33050
$1,110,000
— beds— baths— sq ft
39th Tbr Only St, Marathon, FL
$3,500,000
3 beds2 baths1,834 sq ft
58030 Overseas Hwy, Grassy Key, FL 33050
$2,899,999
3 beds2 baths1,760 sq ft
217 Bruce Ct, Marathon, FL 33050
3D WALKTHROUGH
$1,595,000
3 beds2 baths1,404 sq ft
499 Sombrero Beach Rd, Marathon, FL 33050
$529,000
1 bed2 baths850 sq ft
10877 Overseas Hwy #31, Marathon, FL 33050
$465,000
2 beds2 baths962 sq ft
15 Sombrero Blvd Unit 212W, Marathon, FL 33050
See all

Provided by Redfin

Sale history for 86 Pelican Rd

Date

Event

Price

FLKMLS #608708

Aug 19, 2024

Sold

$2,525,000

$1,255/sq ft

Jun 24, 2024

Contingent

—

Jun 17, 2024

Price Changed

$2,795,000

$1,389/sq ft

May 30, 2024

Price Changed

$2,895,000

$1,439/sq ft

Apr 18, 2024

Price Changed

$2,995,000

$1,489/sq ft

Feb 13, 2024

Listed

$3,199,000

$1,590/sq ft

FLKMLS #550505

May 15, 2020

Listing Removed

—

Dec 10, 2009

Listed

$499,000

$248/sq ft

FLKMLS #548639

May 15, 2020

Listing Removed

—

May 3, 2009

Listed

$725,000

$360/sq ft

Public Records

Jun 28, 2018

Sold

$720,000

$358/sq ft

FLKMLS #558306

Nov 14, 2012

Sold

$470,000

$234/sq ft

Jun 21, 2012

Listed

$499,000

$248/sq ft

Public Records

Nov 16, 1989

Sold

$93,000

$46/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$18,586 (−7.6%)

$1,525,829 + $532,161

$2,057,990

2024

$20,116 (+6.3%)

2023

$18,924 (+16.4%)

2022

$16,257 (+8.8%)

2021

$14,947 (+11.9%)

2020

$13,363 (+4.3%)

$769,223 + $496,713

$1,265,936

2019

$12,813 (+9.4%)

$769,223 + $496,713

$1,265,936

2018

$11,715 (+10.5%)

2017

$10,598 (+21.2%)

$587,921 + $518,996

$1,106,917

2015

$8,743 (+26.8%)

$657,160 + $447,056

$1,104,216

2014

$6,895

Tax history for 86 Pelican Rd

Year

Property tax

Land + Additions

Assessment*

2025

$18,586 (−7.6%)

$1,525,829 + $532,161

$2,057,990

2024

$20,116 (+6.3%)

2023

$18,924 (+16.4%)

2022

$16,257 (+8.8%)

2021

$14,947 (+11.9%)

2020

$13,363 (+4.3%)

$769,223 + $496,713

$1,265,936

2019

$12,813 (+9.4%)

$769,223 + $496,713

$1,265,936

2018

$11,715 (+10.5%)

2017

$10,598 (+21.2%)

$587,921 + $518,996

$1,106,917

2015

$8,743 (+26.8%)

$657,160 + $447,056

$1,104,216

2014

$6,895

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,356 Sq. Ft.

Year renovated

2013

Sq. Ft.

2,012

Year built

1963

Style

Single Family Residential

County

Monroe County

APN

1965 34 00375890000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

Property details

Parking

Parking / Garage Information
Vehicle Storage: Off Street Parking, Trailer Storage, Covered Parking, RV Parking Open

Interior

Virtual Tour

Interior Features
Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet, Storage, Smoke Alarms, Granite Counter Top, Cathedral Ceilings
Flooring: Tile Floor
Windows/Doors: Impact Rstnce Window
Cooling/Heating: Central A/C, Ceiling Fans
Appliances: Washer, Stainless Steel Appl, Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Furnished: Furnished

Bathroom Information
# of Full Baths: 2

Specialty Room Information
Specialty Rooms: Workshop

Exterior

Boat Slip/Dock Information
Dockage: Dock Length: 100
Dockage: Boat Lift
Dockage: Dock: Composite

Exterior Features
Exterior Features: Bar, Shed, Sandy Beach, Outdoor Kitchen, Landscape Lighting, Fencing, Built-in Grill
Has Pool
Pool Is Heated
Pool Information: In Ground, Decked, Concrete
Porch/Balcony: Deck

Security
Electric Gate, Patrolled Area

Property Features
Accessibility Features: None
On Waterfront
Waterfront Type: Bay Front, Open Water, Gulf Front
Waterview: Bay/Gulf View, Open Water View

Property Information
Property Condition: Updated/Remodeled
Deed Restrictions: No
Pets: Pets Allowed
Rentals Allowed: With Restrictions
Min Rental Days: 7

Lot Information
Zoning: RL - Residential Low
Land Size: 1/2 - Less Than 1 AC
Control Depth: 5
Flood Zone: AE, VE, VE, AE

Building Information
Year Built: 1,963
Sq. Ft. Source: Property Data Card
Building Style: Above Flood: Unknown
Building Style: Stilt Column Height: Medium - 5Ft - 9Ft
Construction: Frame
Roof: Metal Roof

Subdivision/Neighborhood
Subdivision: Grassy Key (58.9)
Marathon Neighborhood: Grassy Key

Financial

Tax Information
Taxes: $18,924.12
Tax Year: 2,023
Tax Exemptions: None

Utilities

Utility Information
Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
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: 58.90
Directions: Pelican Road is located between Grassy Key Marina and Sun Outdoors. This home is all the way at the end of the road on the left.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,012
Stories: 2.0
Lot Size: 4,356 square feet
Style: Single Family Residential
Year Built: 1963
Year Renovated: 2013
County: Monroe County
APN: 1965 34 00375890000000

Home facts updated by county records on Jul 10, 2026

Other

Auction Information
Financial Status: Auction: No

Around this home

Schools

Stanley Switlik Elementary School

Public PreK-5 • Assigned • 10.3mi

5/10

Marathon School

Public 6-12 • Assigned • 9.6mi

5/10

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

$2.64M – $3.19M

Sell confidently with a local market expert in Grassy Key. 3 minutes to get started.

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Home values near 86 Pelican Rd

Data from public records.

Address	Redfin Estimate
76 Pelican Rd, Grassy Key, FL 4 Beds \| 2.5 Baths \| 1860 Sq. Ft.	$2,441,078
51 Dorsett Dr, Grassy Key, FL 2 Beds \| 2 Baths \| 1004 Sq. Ft.	$673,565

Address	Redfin Estimate
56 Pelican Rd, Grassy Key, FL 2 Beds \| 1 Baths \| 864 Sq. Ft.	$1,641,154
114 Dorsett Dr, Grassy Key, FL 2 Beds \| 2 Baths \| 943 Sq. Ft.	$517,959

Address	Redfin Estimate
60 Pelican Rd, Grassy Key, FL 3 Beds \| 3 Baths \| 1725 Sq. Ft.	$2,660,880
124 Dorsett Dr, Grassy Key, FL 3 Beds \| 2.5 Baths \| 1682 Sq. Ft.	$765,809

Property information provided by FLKMLS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33050, FL

Sale history for 86 Pelican Rd

Tax history for 86 Pelican Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33050

Home values near 86 Pelican Rd

More real estate resources