Yes, you can have it all! This one-of-a-kind 3.2 acre Islamorada bayfront estate offers a new boat dock, more than 250 feet of sandy wade-in bayfront shoreline, two full residences, a separate garage/media house and a move-in ready package of extras unlike any other property in the Keys. This remarkable compound captures the spirit of the Keys with a level of scale and exclusivity seldom found on the islands. Arrive through a private gate to discover a secluded retreat where every detail has been curated for relaxed coastal living. For boaters, the new boat dock offers immediate access to Florida Bay and immediate Atlantic Ocean access through nearby Snake Creek. The welcome package also includes a newer 34' Edgewater with twin 400 hp Yahamas, a pair of Waverunners and UTV tow vehicle, plus fishing rods, kayaks, paddle boards, and bicycles to enjoy everything Islamorada has to offer. The 100 ft. long resort-style pool with large spa create the centerpiece of the property, surrounded by multiple lounging areas, outdoor kitchen with covered bar, shady terraces and intimate gathering spaces. The estate's flexible layout includes two full homes--a 2/2.5 with ground level living, and a 3/3.5 tri-level--plus a 1/1.5 media house with 2-car garage, all with classic island character. Both homes offer chef kitchens with high-end appliances including SubZero and La Cornue. Not only is this estate ready for fun, it's also ready to enjoy with furniture, decor, kitchenware and even linens included! This remarkable property encompasses 2 acres of upland, 1.2 acres of baybottom, a separate buildable lot, plus valuable development rights. It is also conveniently located next to Islamorada's crown jewel Founder's Park for near instant access to seasonal festivals, sports fields, dog park, playground, tennis and pickleball courts and much more. All of these features elevate the property into a true legacy holding--ideal as a luxury residence, family compound, or private retreat.
For sale
Price cut: $1M (8/1)
$13,900,000
139 Gimpy Gulch Dr, Plantation Key, FL 33036
6beds
6,573sqft
Single Family Residence
Built in 2014
3.2 Acres Lot
$-- Zestimate®
$2,115/sqft
$-- HOA
What's special
New boat dockMultiple lounging areasLush tropical landscapingPrivate gatesClassic island character
- 97 days
- 3,844
- 266
Zillow last checked:
Listing updated:
Listed by:
Brett Newman 305-393-1770,
Coldwell Banker Schmitt Islamorada
Source: FLKMLS,MLS#: 620077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 9
- Full bathrooms: 6
- 1/2 bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Features
- Storage, Gym, Media Room
- Flooring: Tile
- Furnished: Yes
Interior area
- Total structure area: 6,573
- Total interior livable area: 6,573 sqft
Video & virtual tour
Property
Parking
- Parking features: Open, Storage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Bar, Built-in Barbecue, Chickee Hut, Fruit Tree(s), Lighting, Outdoor Kitchen, Outdoor Shower, Sandy Beach, Storage
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Fencing: Fenced
- On waterfront: Yes
Lot
- Size: 3.2 Acres
- Dimensions: 252 ft wide
Details
- Additional structures: Gazebo, Guest House
- Additional parcels included: 00091880-000200
- Parcel number: 00091852000000
- Zoning: R1 - Residential Single Family
- Other equipment: Generator, Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Combo Construction
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2014
Utilities & green energy
- Utilities for property: Water Separate Meter, Elect Separate Meter
Community & HOA
Community
- Features: Community Boat Ramp
- Security: Security Gate, On Premises System, Security System
- Subdivision: Misc Plantation Key (85.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Plantation Key
Financial & listing details
- Price per square foot: $2,115/sqft
- Tax assessed value: $10,873,196
- Annual tax amount: $92,230
- Date on market: 5/29/2026
Estimated market value
Not available
Estimated sales range
Not available
$5,825/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $13,900,000-6.7%$2,115/sqft |
Source: | ||
| 5/29/2026 | Listed for sale | $14,900,000+86.3%$2,267/sqft |
Source: | ||
| 9/1/2021 | Sold | $8,000,000-5.8%$1,217/sqft |
Source: | ||
| 1/13/2021 | Listing removed | -- |
Source: | ||
| 6/30/2020 | Price change | $8,490,000-4.6%$1,292/sqft |
Source: Coastal Realty of the Florida Keys #582483 Report a problem | ||
| 11/3/2019 | Price change | $8,900,000-6.3%$1,354/sqft |
Source: Coastal Realty of the Florida Keys #582483 Report a problem | ||
| 10/27/2018 | Listed for sale | $9,495,000+279.8%$1,445/sqft |
Source: Coastal Realty of the Florida Keys #582483 Report a problem | ||
| 10/7/2011 | Sold | $2,500,000+25%$380/sqft |
Source: Public Record Report a problem | ||
| 6/18/2008 | Sold | $2,000,000+245.4%$304/sqft |
Source: Public Record Report a problem | ||
| 2/12/1998 | Sold | $579,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $92,231 +6.6% | $9,723,830 +10% |
| 2024 | $86,535 +12.6% | $8,839,845 +10% |
| 2023 | $76,871 +11.3% | $8,036,223 +10% |
| 2022 | $69,064 +29% | $7,305,657 +36.3% |
| 2021 | $53,550 -1% | $5,358,238 -0.6% |
| 2020 | $54,074 | $5,388,859 -2.5% |
| 2019 | $54,074 +1% | $5,529,767 +4.7% |
| 2018 | $53,522 +8.1% | $5,283,940 -0.7% |
| 2017 | $49,491 +7.5% | $5,319,060 -7.5% |
| 2016 | $46,019 -3.4% | $5,752,336 +15% |
| 2015 | $47,624 | $5,001,746 |
Find assessor info on the county website
Monthly payment
Est. payment





