118 Villa Bella Dr Islamorada, FL 33036
Estimated payment $41,219/month
Total Views
5,919
5
Beds
5.5
Baths
5,195
Sq Ft
$1,346
Price per Sq Ft
Highlights
- Dock made with concrete
- Boat Lift
- New Construction
- Plantation Key School Rated A-
- Boat Slip
- 1-minute walk to Founders Park
About This Home
Experience the pinnacle of luxury waterfront living in this extraordinary custom contemporary estate, ideally positioned in the heart of Islamorada's premier community of Venetian Shores. Newly constructed, the residence radiates modern coastal elegance and features impeccable attention to detail. A total of five spacious bedrooms and five en-suite bathrooms are thoughtfully laid out, complemented by a half bath and separate cabana-style guest quarters, creating an ideal retreat for family and visitors.Located on the bayside, the estate offers 100 feet of deep-water dockage, complete with a cut-in boat slip, 2 boat lifts & a float-on double jet ski lift. With direct access to the Gulf and Atlantic through world-famous Snake Creek, the location is a dream for avid boaters and luxury seekers.Inside, soaring tray ceilings, marble tiled floors, a private elevator, and a grand staircase elevate the living experience. The open-concept layout seamlessly connects the kitchen, dining, and living areas for effortless flow. The chef's kitchen features premium appliances including a Dacor gas cooktop, a walk-in pantry w/custom shelving, a prep island, and an expansive bar-height island for gathering. A private, elevated two-story guest wing includes a spacious bedroom & bath, as well as a billiard/game room w/full bath. The third-floor owner's suite offers a sanctuary, highlighted by dual walk-in closets, a circular soaking tub, oversized shower, and separate water closet. Finally, there is a 3 car garage for all your cars & water toys.Outdoor living is just as impressive with multiple balconies overlooking tropical landscaping & wide canal. A heated pool/spa anchors the expansive outdoor area with outdoor kitchen, covered dining & lounging areas, a fire pit, hammock, sandy yard, palms, plume grass & lemon trees. This estate is a rare offering that perfectly blends refined style, tropical comfort, and unparalleled boating access, the very essence of luxury Keys living.
Listing Agent
Ocean Sotheby's International Realty License #0619230 Listed on: 05/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,939
Year Built
- Built in 2021 | New Construction
Lot Details
- 10,000 Sq Ft Lot
- Home fronts a canal
- Privacy Fence
- Property is zoned R1 - Residential Single Family
HOA Fees
- $17 Monthly HOA Fees
Home Design
- Split Level Home
- Metal Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 5,195 Sq Ft Home
- 3-Story Property
- Elevator
- Bar
- Tray Ceiling
- Ceiling Fan
- Blinds
- Sliding Doors
- Entrance Foyer
- Storage
- Canal Views
Kitchen
- Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Impact Glass
- Fire and Smoke Detector
Parking
- Garage
- Automatic Garage Door Opener
- Guest Parking
- Open Parking
- Off-Street Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Pool Deck
- Outdoor Shower
Outdoor Features
- Davits
- Seawall
- Boat Lift
- Boat Slip
- Dock made with concrete
- Balcony
- Outdoor Kitchen
- Outdoor Storage
- Attached Grill
Utilities
- Central Heating and Cooling System
- Propane Stove
- Heating System Uses Propane
- Separate Meters
- Propane
- Public Hookup Available For Sewer
- Cable TV Available
Community Details
- Association fees include common area mnt
- Venetian Shores Subdivision
- Rental Restrictions
Listing and Financial Details
- Assessor Parcel Number 00410270-000000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $38,412 | $4,217,761 | $1,550,000 | $2,667,761 |
| 2023 | $38,412 | $4,173,464 | $1,600,000 | $2,573,464 |
| 2022 | $33,613 | $3,608,472 | $1,150,000 | $2,458,472 |
| 2021 | $7,741 | $787,366 | $670,000 | $117,366 |
| 2020 | $6,626 | $716,071 | $600,000 | $116,071 |
| 2019 | $6,096 | $636,515 | $517,500 | $119,015 |
| 2018 | $5,311 | $540,395 | $472,500 | $67,895 |
| 2017 | $4,080 | $423,826 | $0 | $0 |
| 2016 | $4,474 | $437,436 | $0 | $0 |
| 2015 | $2,099 | $209,288 | $0 | $0 |
| 2014 | $1,642 | $161,682 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $6,995,000 | +26.0% | $1,346 / Sq Ft |
| 08/04/2022 08/04/22 | Sold | $5,550,000 | -10.5% | $1,068 / Sq Ft |
| 05/31/2022 05/31/22 | For Sale | $6,199,000 | +1103.7% | $1,193 / Sq Ft |
| 11/09/2015 11/09/15 | Sold | $515,000 | -23.7% | -- |
| 11/02/2015 11/02/15 | Pending | -- | -- | -- |
| 05/20/2015 05/20/15 | For Sale | $675,000 | -- | -- |
Source: Florida Keys Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,275,000 | Balleste & Levy Pa | |
| Warranty Deed | $3,500,000 | Coral Reef Title Co | |
| Warranty Deed | $640,000 | Trinity Title & Escrow Llc | |
| Warranty Deed | $515,000 | Attorney | |
| Special Warranty Deed | -- | Attorney | |
| Warranty Deed | $70,000 | -- | |
| Deed | $9,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | Commercial | |
| Previous Owner | $490,000 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Florida Keys Board of REALTORS®
MLS Number: 615108
APN: 00410270-000000
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