$20,000,000
$10M PRICE DROP

141 Cortez Dr Islamorada, FL 33036

Estimated payment $114,607/month

Total Views 34,975
10 Beds
11 Baths
6,302 Sq Ft
$3,174 Price per Sq Ft

Highlights

  • Ocean Front
  • Dock made with concrete
  • Boat Lift
  • Plantation Key School Rated A-
  • Detached Guest House
  • Sandy Beach

About This Home

Fall in love at first sight as you step into this natural beauty with over a quarter mile of pristine white sand beach that kisses the edge of the Atlantic Ocean. Offered for the very first time, this one of a kind legacy property beckons you to bask in original elements of the Florida Keys way of life at Kids Cay. Three charming homes; 4 bedroom main house, separate 4 bedroom guest house and 2 bedroom caretaker's cottage. This tropical and tranquil estate has nearly 8.5 acres of upland plus 7.98 acres of ocean bottom plus ample and protected concrete dockage (104 feet and 34 feet) and oceanfront observation pier. Extra wide and spacious porches adorn every corner of the classic homes and are a seamless blend of indoor and outdoor living maximizing the infinite open water views and constant ocean breezes. Enjoy complete privacy lounging by the resort-style pool or stroll barefoot along your private beach, and nature preserve; a sanctuary for plethoras of beautiful native birds. This estate is the epitome of true island living and serenity and beautifully lends itself to photo shoots, movies, weddings and luxury weekly rentals. Also being offered with south side only for $15m see listing #613236.

Listing Agent

The Florida Keys Sol Sabrina Wampler

Ocean Sotheby's International Realty Listed on: 02/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,972

Year Built

  • Built in 2002

Lot Details

  • 16.45 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned NR - Native Residential

Property Views

  • Ocean
  • Harbor

Home Design

  • Metal Roof
  • HardiePlank Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 6,302 Sq Ft Home
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Fireplace
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • <<bathWithWhirlpoolToken>>

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Electric Gate
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Davits
  • Boat Lift
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Lanai
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00397050

Community Details

Overview

  • No Home Owners Association
  • Matecumbe Ocean Bay Subdivision
  • RV Parking in Community

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,972

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00097370
  • Additional Assessor Parcel Number 2: 00097380 &00397060
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 75.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 45972.24
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Guest Parking, Open Parking, Attached
  • Year Built: 2002
  • Alternate Key Number: 1489557
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 716562.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Screened P/B
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 6302.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Bar, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Fireplace(s), Wet Bar
  • Total Bathrooms: 11.00
  • Full Bathrooms: 9
  • Appliances: Washer, Wine Cooler, Ice Machine, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Gym, Workshop, Utility Room, Sun/Florida Room, Laundry Room
  • Windows/Doors: French Doors, Aluminum Windows, Glass Doors
  • Total Bedrooms: 10
  • Sq Ft Remarks: Main house approx 3772, guest house approx 1780, caretaker's approx 750

Exterior Features

  • Dockage: Davits, Boat Lift, Davit Pads
  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding, Concrete
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Lanai, Lighting, Rain Gutters, Detached Guest Qtrs, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: FKAA, Cable Available
  • Heating: Central, Hot Water, Fireplace(s)

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,AE,VE,AE
  • Parcel Number: 00397050
  • Lot Size: 8.47 upland 7.98 bay bottom
  • Land Size: 10 or more Acres
  • Acres: 16.45

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 3.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $62,401 $11,184,085 $9,336,134 $1,847,951
2023 $62,401 $10,532,267 $8,729,714 $1,802,553
2022 $45,972 $5,643,380 $4,256,033 $1,387,347
2021 $40,473 $4,054,706 $2,790,221 $1,264,485
2020 $38,128 $3,951,453 $2,660,189 $1,291,264
2019 $32,958 $3,193,738 $2,332,837 $860,901
2018 $31,814 $3,097,495 $2,220,627 $876,868
2017 $31,142 $3,513,869 $0 $0
2016 $29,248 $2,956,356 $0 $0
2015 $25,281 $2,415,609 $0 $0
2014 $23,985 $2,387,231 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $15,000,000 -25.0% $2,380 / Sq Ft
06/01/2025 06/01/25 For Sale $20,000,000 +17.6% $3,174 / Sq Ft
04/16/2025 04/16/25 Off Market $17,000,000 -- --
04/16/2025 04/16/25 Off Market $22,500,000 -- --
01/20/2025 01/20/25 For Sale $17,000,000 -24.4% $2,698 / Sq Ft
12/02/2024 12/02/24 Price Changed $22,500,000 -10.0% $3,570 / Sq Ft
02/29/2024 02/29/24 Price Changed $25,000,000 -12.3% $3,967 / Sq Ft
12/30/2023 12/30/23 Price Changed $28,500,000 -4.2% $4,522 / Sq Ft
02/03/2023 02/03/23 For Sale $29,750,000 -- $4,721 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,165,000 --
Warranty Deed $610,000 --
Warranty Deed $350,000 --
Source: Public Records

Similar Homes in the area

  • 141 Cortez Dr, Islamorada, FL 33036

    $15,000,000

    • 10 Beds
    • 11 Baths
    • 6,302 Sq Ft
    • 141 Cortez Dr
    • Islamorada, FL

    3 HOMES, OVER 100' PROTECTED DOCKAGE & OVER 550' NATURAL OCEANFRONT BEACH ~Fall in love at first sight as you step into this natural beauty with over a quarter mile of pristine white sand beach that kisses the edge of the Atlantic Ocean. Offered for the very first time, this one of a kind legacy property beckons you to bask in original elements of the Florida Keys way of life at Kids Cay. Three

    The Florida Keys Sol Sabrina Wampler Ocean Sotheby's International Realty

    Section Image
  • 94100 Overseas Hwy, Tavernier, FL 33070

    $22,500,000

    • 8 Beds
    • 14 Baths
    • 8,949 Sq Ft
    • 94100 Overseas Hwy
    • Tavernier, FL

    Experience Absolute Paradise! A Legacy Florida Keys Estate offering ultimate privacy & tranquility. The Orchid Cove Estate spans 14.5 Acres offering 1,000 ft. of waterfront & Private Beaches accessed through a grand entrance surrounded by a breathtaking canopy of exotic trees. Award winning Botanical gardens surround the property featuring impeccably curated nature trails leading to the main

    Jason Zarco Berkshire Hathaway HomeServices EWM Realty

    Section Image

Source: Florida Keys Board of REALTORS®

MLS Number: 604054

Florida Keys Board of REALTORS®

APN: 00397050-000000