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110 Gulfview Drive DRIVE

Islamorada, FL 33036

$3,524,000 $14,857/Mo

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Overview

Bed

Bath

3,524

Sqft

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 li festyle & 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

Property Details

Property Type : Multi-family

Price : $3,524,000

AD Id : 75398179

MLS Id : 618670

Beds : 7

Living Area Size : 3,524

Year Built : 1999

County : Monroe

Subdivision: Old Town - Unlisted (1.0)

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 7 Laundry Room

Bathroom Information

Total Baths: 4 Full Baths: 4
Interior Features

Drapes/Blinds Incl,Smoke Alarms,Quartz Countertops,Walk-in Closet(s) Tankless Hot Wtr Htr,LED Lighting,Programmable Thermst Appliances: Washer,Stainless Steel Appliance(s),Ice Machine,Gas Appliances,Disposal,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer
Roofing Information

Concrete Roof

Flooring Information

Tile

Heating & Cooling

Cooling: Central Air,Ceiling Fans(s) Heating: Central,Electric Water Front: Yes Canal Front Canal View

Window Information

Window Treatments: Sliding Glass Doors

Building Information

Year Built: 1999 Floor Location: 7000 Construction: Concrete,Combo Construction Roof: Concrete Roof
Exterior Features

Fencing,Outdoor Shower,Rain Gutters

Pool Information

In Ground,Concrete,Salt Water Heated: Yes Dimensions: 12 x 30 Other Surroundings: waterfall

Lot Information

Lot Dimensions: 70 x 100 Lot SqFt: 7,000 Lot SqFt Source: Property Data Card BK C LT 3 WHITE MARLIN BEACH SEC-1 LOWER MATECUMBE KEY PB3-184 OR375-553/554 OR712-873 OR855-1500 OR1067-192 OR2882-119
Property Information

SQ ft (Living Area): 3,524 View: Canal View Subdivision: White Marlin Bch (74.5) Stories: 2 Stories

Listing Price Information

List Price: $3,524,000
Listing Information

Seller Finance Psble,Cash,Conventional

Tax Information

Taxes: $11,822 Tax Year: 2025 Tax Exemptions: None

Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $600.00 Assoc/Mnt Fee Per: Yearly

Utility Information

FKAA,Propane,Cable Available,Elect Separate Meter,Water Separate Meter

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