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110 Gulfview Drive

Lower Matecumbe, FL 33036
  • $3,524,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 618670
UPDATED: 165 min ago
$3,524,000
  • 7
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,524
    SQFT
  • $1,000
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1999
County:

School Ratings & Info

Description

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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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.saltwaterkeys.com/homes/173093150
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110 Gulfview Drive Lower Matecumbe, FL 33036

  • Price: $3,524,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 165 min ago
  • MLS #: 618670
7
Beds
4
Baths
0
½ Baths
0.16
Acres
3,524
SQFT
$1,000
$/SQFT
1999
Built
Neighborhood:
White Marlin Bch (74.5)
County:
Monroe
Area:
22 - Lower Matecumbe
Property Description
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
Exterior Features

Above Flood Yes Building Style Ground Level Construction ConcreteCombo Construction Dock Length 70 Dockage Davit Pads Dockage Dock Concrete Exterior Features FencingOutdoor ShowerRain Gutters Land Size Less Than 1/4 Acre Lot Size 70 x 100 Pool Info In GroundConcreteSalt Water Pool Info Dimensions 12 x 30 Pool Info Heated Yes Pool Info Other Surroundings waterfall Pool YN Yes Porch Balcony Open Porch/BalconyPatioScreened Patio Roof Concrete Roof Shutters Panel Side Bay/Gulf Stories 2 Stories Style Duplex Vehicle Storage Open Parking Vehicle Storage Cars 4+ Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances WasherStainless Steel Appliance(s)Ice MachineGas AppliancesDisposalMicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor Tile Furnished Furnished Green Interior Features Tankless Hot Wtr HtrLED LightingProgrammable Thermst Interior Features Drapes/Blinds InclSmoke AlarmsQuartz CountertopsWalk-in Closet(s) Pre Wired Cable Pre Wired Other MESH wifi Specialty Rooms Laundry Room Windows Doors Sliding Glass Doors

Property Features

Assoc Fee 600.00 Assoc Hoa YN No Assoc Maint Fee Per Yearly Assoc Right Of Refusal No City ISLAMORADA Condition Updated/Remodeled Control Depth 6 Deed Restrictions No Fee Includes Common Area MntOther Flood Zone AE 7 Listing Board Florida Keys Mile Marker 74.50 Min Rental Days 28.00 Neighborhood Features Fire HydrantBike PathsBeach Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2025 Taxes 11822.00 Terms Seller Finance PsbleCashConventional Utilities FKAAPropaneCable AvailableElect Separate MeterWater Separate Meter Zoning R1 - Residential Single Family

Listing courtesy of Karen Jenkins of EXP Realty, LLC: (888) 883-8509.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Saltwater Real Estate Florida Keys Inc
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