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Triplex Compound with Private Dock
For Sale
$3,524,000

110 Gulfview Drive, Islamorada, FL 33036

MULTI_FAMILY - Lower Matecumbe, FL

Property Size3,524 SF
Lot Size0.16 Acres
Price / SF$1,000
Days on Market187

Property Features for 110 Gulfview Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1 - Residential Single F
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 3
Parking features Open
Patio and Porch features Porch, Patio
Pets allowed Yes
Pool private 1
Interior features Smart Thermostat, Walk-in Closet(s), Quartz Countertops
Exterior features Fencing, Rain Gutters, Outdoor Shower
Fencing Fenced
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Gas Appliances, Ice Machine, Stainless Steel Appliance(s)
Subdivision White Marlin Bch (74.5)
Directions Use Waze or GPS
Standard status Active
Size 3,524 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 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
Tax Annual Amount 11822
HOA Fee $600 Annually
Legal Description 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

Utilities

Utilities Cable Available
Heating system Electric (Heating), Central
Cooling system Central Air
Water front 1

Amenities

pool
sun deck
outdoor shower
dock
fish-cleaning station
balconies
patios
gated beach access

Building Details

Year built 1999
Floors in Building 1
Flooring type Tile
Building materials Concrete, Combo Construction
Roof type Concrete
Listing Agency: EXP Realty, LLC
Listed By: Karen V. Jenkins · License #3395009
Added: Feb 16 Changed: Aug 10 Last Checked: Aug 22 at 2:06PM
MLS# 618670

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This canal-front compound is configured for independent living, with two autonomous 2BR/1BA residences upstairs and a separate finished 3BR/2BA home with an A/C area downstairs. In total, the property provides 7 bedrooms and 4 bathrooms. Outdoor features include a private pool, expansive concrete sun deck, outdoor shower, and a 70-foot concrete dock with a fish-cleaning station.

The compound sits on a 6' control-depth canal with easy access to both bay and ocean waters. It includes multiple balconies and patios for water views, plus interior updates such as updated kitchens with quartz countertops and stainless appliances, spa-inspired baths with glass-enclosed showers, large-format tile flooring, and recessed lighting. Private gated access to White Marlin Beach is described as a short walk away.

The listing also notes a Waterfront transferable development right (TDR/TBR) in Islamorada, with zoning identified as R1 - Residential Single F.

Key Highlights

  • 1999‑built canal‑front compound with private pool and fenced yard
  • Multi‑unit layout: two separate 2BR/1BA residences upstairs plus a separate 3BR/2BA finished downstairs area
  • Total of 7 bedrooms and 4 bathrooms; provides guest accommodations for up to 24

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Law Firm Grocery & Convenience Store Big Box & Wholesale Store Veterinary Clinic Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 33036, FL

3,541
Population
3,651
Households
1
Avg Household Size
56
Median Age
40%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
611
Density / Sq Mi
$88,214
Median Household Income
$46,735
Median Earnings
$1,846
Median Rent
$995,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences, seven bedrooms total, plus a 70-foot concrete dock and private pool on a canal.
Where is this triplex located?
The property is located at 110 Gulfview Drive Islamorada, FL.
What is the asking price?
The asking price for this property is $3,524,000.
What are key features of this property?
This property features: 1999‑built canal‑front compound with private pool and fenced yard; Multi‑unit layout: two separate 2BR/1BA residences upstairs plus a separate 3BR/2BA finished downstairs area; Total of 7 bedrooms and 4 bathrooms; provides guest accommodations for up to 24
More about this property
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