About This Home
This 7-bedroom, 4-bathroom multi-family at 110 Gulfview Drive in Lower Matecumbe, FL is listed for $3,524,000 ($1,000 per sqft). Built in 1999, the home offers 3,524 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1999
- 0.16 acre lot
- Private pool
- Waterfront
Property Details
Amenities
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 famil
y 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
Monthly Cost Estimate
$19,447/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
110 Gulfview Drive
Lower Matecumbe, FL 33036
White Marlin Bch (74.5)
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom multi-family at 110 Gulfview Drive is listed at $3,524,000 ($1,000/sqft). The estimated monthly payment is $19,447 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $600/month.
Key features include: Built in 1999, 0.16 acre lot, Private pool, Waterfront. Interior Features: Smart Thermostat, Walk-in Closet(s), Quartz Countertops. Exterior Features: Fencing, Rain Gutters, Outdoor Shower.
This property is listed by Karen V. Jenkins and can be reached at 9542345618.