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  • 110 Gulfview Drive, Lower Matecumbe, FL 33036 (MLS# 618670)

110 Gulfview Drive, Lower Matecumbe, FL 33036

$3,524,000
Property Type: Residential Bedrooms: 7 Baths: 4 Square Footage: 3,524 Lot Size (sq. ft.): 7,000 Status: Active
Current Price: $3,524,000 List Date: 2/16/2026 Last Modified: 2/16/2026

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

More Information MLS# 618670

Contract Information

Listing Board: Florida Keys Current Price: $3,524,000 Listing Date: 2026-02-16 List Price: $3,524,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 74.5 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE 7 Alternate Key #: 1480673 Zoning: R1 - Residential Single Family Deed Restrictions: No Legal: 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 Taxes: 11822 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 110 Street Name: Gulfview Street Suffix: Drive Key/Island: Lower Matecumbe State/Province: FL Zip Code: 33036 County: Monroe Subdivision: White Marlin Bch (74.5) Area: 22 - Lower Matecumbe

General Property Description

Realtor.COM Type: Multi-family Waterfront: Yes Control Depth: 6 Lot Size: 70 x 100 Lot SqFt: 7000 Pool: Yes Lot Sqft Source: Property Data Card SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Duplex Year Built: 1999 Living Apx SqFt: 3524 Total Bedrooms: 7 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: 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 Directions: Use Waze or GPS

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 600 Assoc/Mnt Fee Per: Yearly

Fee Includes

Common Area Mnt: 1 Other: 1

Dockage

Dock Length: 70 Dock: Concrete Davit Pads: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Appliances: 1 Ice Machine: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1 Electric: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Fire Hydrant: 1

Interior Features

Drapes/Blinds Incl: 1 Quartz Countertops: 1 Smoke Alarms: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Yes Ground Level: 1 Stories: 2 Stories

Windows/Doors

Sliding Glass Doors: 1

Vehicle Storage

Car(s): 4+ Open Parking: 1

Construction

Combo Construction: 1 Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 Seller Finance Psble: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Propane: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1 Screened Patio: 1

Exterior Features

Fencing: 1 Outdoor Shower: 1 Rain Gutters: 1

Pool Info

In Ground: 1 Salt Water: 1 Heated: Yes Concrete: 1 Dimensions: 12 x 30 Other Surroundings: waterfall

Pre-Wired

Cable: 1 Other: MESH wifi

Roof

Concrete Roof: 1

Shutters

Panel: 1

GF-Interior Features

LED Lighting: 1 Programmable Thermst: 1 Tankless Hot Wtr Htr: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Common Area Mnt; Other Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Davit Pads Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Cable Available; Elect Separate Meter; FKAA; Propane; Water Separate Meter Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Walk-in Closet(s) Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Outdoor Shower; Rain Gutters Pool Info: In Ground; Salt Water; Concrete Construction: Combo Construction; Concrete Shutters: Panel Floor: Tile Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Fire Hydrant Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; Seller Finance Psble GF-Interior Features: LED Lighting; Programmable Thermst; Tankless Hot Wtr Htr
Listing Office: EXP Realty, LLC
Last Updated: February - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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