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For sale
  • Price cut: $1M (8/1)
    $13,900,000

    139 Gimpy Gulch Dr, Plantation Key, FL 33036

    6beds
    6,573sqft
    : 
    $86,276/mo
    Get pre-qualified
    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
    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.
    97 days
    3,844
    266

    Zillow last checked:

    Listing updated:

    Listed by:

    Brett Newman 305-393-1770,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 620077MLS Logo

      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

        DateEventPrice
        8/1/2026Price change$13,900,000-6.7%$2,115/sqft
        Source: FLKMLS #620077 Report a problem
        5/29/2026Listed for sale$14,900,000+86.3%$2,267/sqft
        Source: FLKMLS #620077 Report a problem
        9/1/2021Sold$8,000,000-5.8%$1,217/sqft
        Source: FLKMLS #582483 Report a problem
        1/13/2021Listing removed--
        Source: FLKMLS Report a problem
        6/30/2020Price change$8,490,000-4.6%$1,292/sqft
        Source: Coastal Realty of the Florida Keys #582483 Report a problem
        11/3/2019Price change$8,900,000-6.3%$1,354/sqft
        Source: Coastal Realty of the Florida Keys #582483 Report a problem
        10/27/2018Listed for sale$9,495,000+279.8%$1,445/sqft
        Source: Coastal Realty of the Florida Keys #582483 Report a problem
        10/7/2011Sold$2,500,000+25%$380/sqft
        Source: Public Record Report a problem
        6/18/2008Sold$2,000,000+245.4%$304/sqft
        Source: Public Record Report a problem
        2/12/1998Sold$579,000$88/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33036

        Getting around

        23 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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