NOT LISTED FOR SALE

148 Gulfside Dr Islamorada, FL 33036

Estimated Value: $3,917,841 - $4,509,000

3 Beds
2.5 Baths
2,383 Sq Ft
$1,752/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $4,500,000 $1,888 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $24,473/month

7 Days on Market

Highlights

  • Dock made with wood
  • Property Fronts a Bay or Harbor
  • Concrete Pool
  • Plantation Key School Rated A-
  • Boat Slip
  • 1-minute walk to Founders Park

About This Home

As of July 2023

Welcome to Venetian Shores, Islamorada - directly on the bay! Strong AND beautiful, this turn-key southern style home checks ALL the boxes. Sunset views, privacy & protected dockage. Comprehensively remodeled in 2018, this immaculate CBS home has siding that was added purely for coastal charm. Impact windows & doors, 2018 metal roof. Water views are found in every room. An unusually peaceful road with few homes, Gulfside Drive is one of Islamorada's favorite bay front streets. Thanks to its unique location, you'll enjoy privacy in the extreme - yet have easy access to everything on land or sea. Wrap around porches surrounded by lush tropical landscaping, Old Chicago brick and a white picket electric gate. Exquisite outdoor living and dining spaces you'll never want to leave. Watch tarpon roll from the screened porch spanning the entire width of the home and overlooking the bay and heated pool. Upstairs is an airy primary suite with vaulted ceilings and incredible bay & sunset views. Separated from the quiet luxury of the 'public' areas of the mid level, you'll find two additional bedrooms, 1.5 baths and laundry. The ground level holds a bonus office/den area, laundry room, half bath plus utility space. Calm, protected waters behind the home are ideal for peaceful fishing, paddle boarding and kayaking. Tie up your flats or bay boat behind the house and enjoy protected dockage for a boat up to a 40' in private home owners' marina just steps away. Serious boaters are drawn to the Venetian Shores neighborhood because Snake Creek makes it a snap to reach the ocean. Private road. Offered beautifully furnished, ready for you to start making memories. Be sure to watch the video!

Last Agent to Sell the Property

Christy Hughes

Coldwell Banker Schmitt Islamorada License #3265558 Listed on: 06/17/2023

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Jamie Daniels

Russell Post Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 9,080 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Fruit Trees
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,383 Sq Ft Home
  • Furnished
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • 2 Parking Spaces
  • Carport
  • Automatic Garage Door Opener
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Boat Slip
  • Dock made with wood
  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • 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

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00410502-020270

Home Details

Home Type

Single Family

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1250.00
  • Mandatory HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1.00
  • Vehicle Storage: Carport, Covered Parking, Open Parking, Auto Door Opener
  • Vehicle Storage Cars: 2
  • Year Built: 1994
  • Alternate Key Number: 8566174
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9080.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2383.00
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom, Security System, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: 1280 on main level, 620 on lower level (below flood), 482 third floor primary suite

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,AE
  • Parcel Number: 00410502-020270
  • Lot Size: 81' x 163'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jul 28, 2023
Sold by
Makowsky Max T and Makowsky Anne B
Bought by
William F Upson Revocable Trust and Upson
Seller's Agent
Christy Hughes
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Jamie Daniels
Russell Post Sotheby's International Realty
List Price
$4,895,000
Sold Price
$4,500,000
Premium/Discount to List
-$395,000
-8.07%
Views
34
Current Estimated Value
$4,175,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$324,790
Avg. Annual Appreciation
-3.02%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 28, 2018
Sold by
Islamorada Leisure Properties Inc
Bought by
Makowsky Max T and Makowsky Anne B
Seller's Agent
Jan Keller
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Marie Leger
Caribee Prop Of The Fl Keys
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Dec 3, 2004
Sold by
Smith Jeremy T and Smith Kirsten L
Bought by
Islamorada Leisure Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,593,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2000
Sold by
Freeman Webb Company Realtors Inc
Bought by
Smith Jeremy T

Purchase Details

Closed on
Sep 1, 1996
Bought by
Islamorada Leisure Properties Inc

Purchase Details

Closed on
Nov 1, 1992
Bought by
Islamorada Leisure Properties Inc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
William F Upson Revocable Trust $4,500,000 Coral Reef Title
Makowsky Max T $2,000,000 Coral Reef Title Co
Islamorada Leisure Properties Inc $1,775,000 --
Smith Jeremy T $682,500 --
Islamorada Leisure Properties Inc $437,500 --
Islamorada Leisure Properties Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Islamorada Leisure Properties Inc $1,593,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $4,500,000 -8.1% $1,888 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $4,895,000 +144.8% $2,054 / Sq Ft
02/28/2018 02/28/18 Sold $2,000,000 -9.1% $839 / Sq Ft View Prior Sale
02/14/2018 02/14/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $2,200,000 -- $923 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

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
2025 $33,033 $3,597,710 $2,701,350 $896,360
2024 $15,864 $3,648,919 $2,751,517 $897,402
2023 $15,864 $1,675,464 $0 $0
2022 $15,567 $1,626,665 $0 $0
2021 $15,795 $1,579,287 $0 $0
2020 $15,651 $1,557,483 $972,518 $584,965
2019 $17,374 $1,660,413 $1,068,993 $591,420
2018 $13,298 $1,634,455 $1,207,917 $426,538
2017 $12,266 $1,575,616 $0 $0
2016 $12,037 $1,490,563 $0 $0
2015 $11,833 $1,616,270 $0 $0
2014 $9,176 $976,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 605704

Florida Keys Board of REALTORS®

APN: 00410502-020270