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Sold for $16,000,000
  • $16,000,000

    141 Cortez Dr, Lower Matecumbe Key, FL 33036

    10beds
    6,302sqft
    Single Family Residence
    Built in 2002
    16.45 Acres Lot
    $11,344,100 Zestimate®
    $2,539/sqft
    $55,506 Estimated rent

    Home value

    $11,344,100

    $9.30M - $13.73M

    $55,506/mo

    Zestimate® history
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    What's special

    Resort-style poolOceanfront observation pierPrivate beachPristine white sand beachNature preserveInfinite open water viewsConstant ocean breezes
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sabrina Wampler & Sarah Ewald 305-393-0585,

    Ocean Sotheby's International Realty,

    Sabrina Wampler & Sarah Ewald 305-393-0585,

    Ocean Sotheby's International Realty

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 604054MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 11
    • Full bathrooms: 9
    • 1/2 bathrooms: 2
    Heating
    • Central, Hot Water, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Wine Cooler, Ice Machine, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Built-in Cabinets, Bar, Whirlpool Bath Tub, Walk-In Closet(s), Storage, Fireplace(s), Wet Bar, Gym, Utility Room, Sun/Florida Room
    • Flooring: Tile
    • Doors: French Doors, Glass Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Aluminum Frames, Panel
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 6,302 sqft

    Property

    Parking
    • Parking features: Garage, Trailer Storage, RV Parking Open, Guest, Open, Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Lanai, Open Porch/Balcony, Deck, Screened P/B
    • Exterior features: Storage, Sandy Beach, Outdoor Shower, Lighting, Rain Gutters
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Decked, Concrete
    • Fencing: Privacy,Fenced
    • Has view: Yes
    • View description: Ocean, Harbor/Marina View, Water
    • Has water view: Yes
    • Water view: Ocean,Harbor/Marina View,Water
    • Waterfront features: Oceanfront, Open Water, Canal Front, Waterfront, Sandy Beach, Dock: Concrete, Dockage: Davits, Boat Lift, Davit Pads
    Lot
    • Size: 16.45 Acres
    • Dimensions: 8.47 upland 7.98 bay bottom
    • Features: 10 or more Acres
    Details
    • Additional structures: Workshop, Guest House, Chickee Hut, Detached Guest Qtrs
    • Additional parcels included: 00097370,00097380 &00397060
    • Parcel number: 00397050
    • Zoning: NR
    • Zoning description: Native Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Hardi Board Siding, Concrete
    • Roof: Metal
    Condition
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA, Cable Available, Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security System, Electric Gate, On Premises System
    • Subdivision: Matecumbe Ocean Bay (75.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Lower Matecumbe Key

    Financial & listing details

    • Price per square foot: $2,539/sqft
    • Tax assessed value: $12,283,909
    • Annual tax amount: $45,972
    • Date on market: 6/1/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/22/2025Sold$16,000,000+6.7%$2,539/sqft
    Source: FLKMLS #604054 Report a problem
    9/5/2025Pending sale$15,000,000$2,380/sqft
    Source: FLKMLS #613236 Report a problem
    8/22/2025Contingent$15,000,000-21.1%$2,380/sqft
    Source: Key West AOR #613236 Report a problem
    8/17/2025Price change$19,000,000+26.7%$3,015/sqft
    Source: Key West AOR #604054 Report a problem
    6/1/2025Price change$15,000,000-25%$2,380/sqft
    Source: FLKMLS #613236 Report a problem
    6/1/2025Price change$20,000,000+33.3%$3,174/sqft
    Source: FLKMLS #604054 Report a problem
    6/1/2025Price change$15,000,000-25%$2,380/sqft
    Source: Key West AOR #613236 Report a problem
    6/1/2025Listed for sale$20,000,000+33.3%$3,174/sqft
    Source: Key West AOR #604054 Report a problem
    5/30/2025Listing removed$15,000,000-11.8%$2,380/sqft
    Source: FLKMLS #613236 Report a problem
    4/9/2025Price change$17,000,000-24.4%$2,698/sqft
    Source: FLKMLS #613236 Report a problem
    4/9/2025Price change$22,500,000+32.4%$3,570/sqft
    Source: FLKMLS #604054 Report a problem
    1/20/2025Price change$17,000,000-24.4%$2,698/sqft
    Source: Key West AOR #613236 Report a problem
    12/2/2024Price change$22,500,000-10%$3,570/sqft
    Source: Key West AOR #604054 Report a problem
    2/29/2024Price change$25,000,000-12.3%$3,967/sqft
    Source: Key West AOR #604054 Report a problem
    12/30/2023Price change$28,500,000-4.2%$4,522/sqft
    Source: Key West AOR #604054 Report a problem
    2/2/2023Listed for sale$29,750,000+2453.6%$4,721/sqft
    Source: Key West AOR #604054 Report a problem
    11/1/1998Sold$1,165,000$185/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$73,285 +11%$5,936,497 +10%
    2024$66,018 +5.8%$5,396,815 +10%
    2023$62,401 +35.7%$4,906,195 +10%
    2022$45,972 +13.6%$4,460,177 +10%
    2021$40,473 +6.1%$4,054,706 +9.3%
    2020$38,128 $3,710,727 +16.2%
    2019$38,128 +15.7%$3,193,738 +3.1%
    2018$32,958 +3.6%$3,097,495 -11.8%
    2017$31,814 +2.2%$3,513,869 +18.9%
    2016$31,142 +6.5%$2,956,356 +22.4%
    2015$29,248 $2,415,609
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

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    Estimated market value
    $11,344,100
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    Estimated market value
    $11,344,100