110 Gulfview Drive, Islamorada, FL 33036
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
110 Gulfview Drive,Lower Matecumbe, FL 33036
$3,524,000
- 7 Beds
- 4 Baths
- 3,524 sq. ft.
- Multi-family
- Active
Listed by: karen v. jenkins
Office: exp realty, llc.
MLS#:618670
Source:FL_FKBOR
Price summary
- Price:$3,524,000
- Price per sq. ft.:$1,000
- Monthly HOA dues:$50
About this home
A Keys compound built to enjoy now-grow into the future, or internally convert to a 3,524 sq ft primary home without structural changes, while retaining a Waterfront Transferable Development Right (TDR/TBR) in Islamorada (approx. $650K value).
Exceptional opportunity in the coveted White Marlin Beach community at MM74, this canal-front luxury family compound offers rare multi-family autonomy, strong income performance, & resort-style amenities; ideal for an owner-user, investor, or legacy Keys retreat.
With two autonomous 2BR/1BA residences upstairs & a separate 3BR/2BA finished, a/c area downstairs, providing privacy, flexibility, & seamless multi-generational or guest use. In total, the compound offers 7 bedrooms & 4 bathrooms, comfortably accommodating up to 24 guests.
Designed for both lifestyle & performance, when fully rented, can generate $16,000+ per month in rental income. Zoning & multiple building rights support future expansion or redevelopment.
Outdoors, enjoy a resort-style waterfront setting with a private pool, expansive concrete sun deck, outdoor shower, & 70-foot concrete dock with fish-cleaning station, all situated on a 6' control-depth canal with easy access to both bay & ocean waters; ideal for boating, fishing, diving, and paddle sports.
Interior finishes reflect modern coastal luxury, including updated kitchens with quartz countertops & stainless appliances, spa-inspired baths with glass-enclosed showers, large-format tile flooring, recessed lighting, & turnkey furnishings. Multiple balconies & patios capture steady breezes & tranquil water views, with manatees frequently passing by.
Enjoy private gated access to White Marlin Beach, just a short walk away, offering bay-side sunset views, with the Atlantic Ocean beach also nearby. Grocery stores, marinas, restaurants & bike paths are all within minutes.
Rarely does a property offering this level of unity with autonomy, along with amenities, income potential in Islamorada...
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Home facts
- Year built:1999
- Listing ID #:618670
- Added:81 day(s) ago
- Updated:May 09, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Kitchen Description:Quartz Countertops
- Living area:3,524 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans(s), Central Air
- Heating:Central, Electric
Structure and exterior
- Year built:1999
- Building area:3,524 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Combo Construction, Concrete
- Exterior Features:Fencing, Outdoor Shower, Rain Gutters
Finances and disclosures
- Price:$3,524,000
- Price per sq. ft.:$1,000
- Tax amount:$11,822
Features and amenities
- Amenities:Drapes Included, Smoke Alarms
Parking
- Parking description:Open
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