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Sold for $2,050,000
  • $2,050,000

    137 Cortez Dr, Lower Matecumbe Key, FL 33036

    3beds
    2,123sqft
    Single Family Residence
    Built in 1979
    7,405 Square Feet Lot
    $2,109,500 Zestimate®
    $966/sqft
    $4,681 Estimated rent

    Home value

    $2,109,500

    $2.00M - $2.21M

    $4,681/mo

    Zestimate® history
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    What's special

    Beautifully updatedHeated poolExpansive sun deckTurnkey residenceInviting floor planOpen living conceptSpacious primary en suite
    Impeccably Designed Islamorada Waterfront Retreat! Welcome to your private island oasis! This stunning 3BR/3BA solid concrete waterfront home on Lower Matecumbe Key combines comfort and style with the ultimate Florida Keys lifestyle. Beautifully updated, this turnkey residence is move-in ready for immediate enjoyment. The inviting floor plan features a well-appointed kitchen with quartz countertops and stainless appliances with open living concept, a spacious primary en suite, and a versatile downstairs guest suite with bedroom and living area--perfect for hosting family and friends or creating your own private retreat. Situated on a canal with immediate ocean access, the property includes 75 feet of concrete dockage with boat lift for the boating enthusiast. The resort-style backyard is designed for endless entertaining with a heated pool, expansive sun deck, screened porch, and multiple indoor-outdoor living spaces--your personal vacation paradise. Located just minutes from Islamorada's acclaimed restaurants, local marinas, world-class fishing, and island attractions, this exceptional home offers the perfect balance of waterfront tranquility and vibrant Keys living. Whether you're lounging poolside, departing for a day on the water, or gathering with loved ones, every day feels like a getaway. Low Flood Insurance currently $2075 available to transfer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Claudette Mell 305-393-1839,

    Ocean Sotheby's International Realty,

    Amanda Jordan 813-952-8801,

    Ocean Sotheby's International Realty

    Bought with:

    Megan N Jones, LLC, 3492181

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 619722MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Storage, Walk-in Closet(s), Quartz Countertops
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 2,123
    • Total interior livable area: 2,123 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    Features
    • Exterior features: Bar, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water, Concrete
    • On waterfront: Yes
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 75 X 100
    Details
    • Parcel number: 00396540000000
    • Zoning: R1 - Residential Single Family
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1979

    Community & HOA

    Community
    • Features: Community Boat Ramp
    • Subdivision: Mat Ocean View (76.5)
    HOA
    • Has HOA: Yes
    • Services included: None, Other
    • HOA fee: $200 annually
    Location
    • Region: Lower Matecumbe Key

    Financial & listing details

    • Price per square foot: $966/sqft
    • Tax assessed value: $1,282,146
    • Annual tax amount: $12,046
    • Date on market: 5/1/2026

    Price history

    DateEventPrice
    7/16/2026Sold$2,050,000-8.9%$966/sqft
    Source: FLKMLS #619722 Report a problem
    6/12/2026Pending sale$2,250,000$1,060/sqft
    Source: FLKMLS #619722 Report a problem
    5/31/2026Contingent$2,250,000$1,060/sqft
    Source: FLKMLS #619722 Report a problem
    5/1/2026Listed for sale$2,250,000+214.7%$1,060/sqft
    Source: FLKMLS #619722 Report a problem
    11/4/2014Sold$715,000-8.9%$337/sqft
    Source: Agent Provided Report a problem
    6/9/2014Listed for sale$785,000+61.9%$370/sqft
    Source: Bayview Properties #564474 Report a problem
    7/18/2012Sold$485,000-11.8%$228/sqft
    Source: Public Record Report a problem
    5/17/2012Price change$550,000-4.3%$259/sqft
    Source: Realty World - Freewheeler Inc #552087 Report a problem
    8/4/2011Price change$575,000-17.7%$271/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #552087 Report a problem
    5/29/2010Listed for sale$699,000-29.7%$329/sqft
    Source: Freewheeler Realty #552087 Report a problem
    1/31/2010Listing removed$995,000$469/sqft
    Source: Schmitt Real Estate Co. #547118 Report a problem
    8/31/2009Listed for sale$995,000$469/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #547118 Report a problem
    7/16/2009Listing removed$995,000$469/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #547118 Report a problem
    12/4/2008Listed for sale$995,000+7.6%$469/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #547118 Report a problem
    9/28/2007Sold$925,000+103.3%$436/sqft
    Source: FLKMLS #541779 Report a problem
    8/13/2002Sold$455,000+54.2%$214/sqft
    Source: Public Record Report a problem
    6/10/2000Sold$295,000+4.2%$139/sqft
    Source: Agent Provided Report a problem
    8/10/1999Sold$283,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,047 +4.6%$1,207,850 +10%
    2024$11,514 +2.4%$1,098,045 +10%
    2023$11,249 +16.7%$998,223 +10%
    2022$9,640 +7.9%$907,475 +10%
    2021$8,937 -1.8%$824,977 -1.6%
    2020$9,104 $838,658 -2.4%
    2019$9,104 -2.5%$859,629 +12.8%
    2018$9,335 +10.4%$761,761 +6.1%
    2017$8,456 +7.8%$717,663 +10.5%
    2016$7,842 +3.2%$649,656 +7.1%
    2015$7,597 $606,391
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,109,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,109,500