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For salePrice cut: $525K (10/1)
$5,975,000
3beds
2,803sqft

197 Lowe St, Tavernier, FL 33070

3beds
2,803sqft
Single Family Residence
Built in 1983
0.68 Acres Lot
$2,132/sqft

What's special

Private oceanfront retreatExpansive oceanfront verandaBreathtaking atlantic ocean viewsCharming tiki hutOpen-concept floor planQuiet cul-de-sacTropical landscaping

Welcome to your private oceanfront retreat, ideally situated on a quiet cul-de-sac in the heart of Tavernier. Set on an expansive 28,705-square-foot lot, this beautifully renovated estate in 2024 offers breathtaking Atlantic Ocean views and seamless indoor-outdoor living. The open-concept floor plan is designed to showcase the spectacular water views from nearly every room, elevated ABOVE FLOOD for added peace of mind. The property features a 2-bedroom, 2.5-bath main residence and a private 1-bedroom guest suite above the garage, thoughtfully redesigned with interiors curated by acclaimed designer Kevin Gray. Top of the line finishes throughout. Outside, enjoy a stunning resort-style pool and spa, an expansive oceanfront veranda, tropical landscaping, and an exterior lift providing convenient access from the covered carport to the main entrance. For boating enthusiasts, the private dock is equipped with an elevator boat lift and a charming tiki hut, creating the ultimate Florida Keys waterfront lifestyle. Whether you're enjoying sunrise coffee overlooking the Atlantic or heading offshore for a day on the water, this exceptional estate offers luxury, comfort, and timeless coastal elegance.

91 days
|
650
|
45
|
Source: FLKMLS,MLS#: 620553MLS Logo
Travel times

Family Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

The Pinder Team - Jessica & Hank 305-465-0447,

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Source: FLKMLS,MLS#: 620553MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
Cooling
  • Central Air, Ceiling Fans(s)
Appliances
  • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven
  • Laundry: Laundry Room
Features
  • Walk-in Closet(s)
  • Flooring: Tile
Interior area
  • Total structure area: 2,803
  • Total interior livable area: 2,803 sqft

Property

Parking
  • Parking features: Open
  • Has uncovered spaces: Yes
Accessibility
  • Accessibility features: Accessible Elevator Installed
Features
  • Levels: Ground Level
  • Patio & porch: Open Porch/Balcony, Patio
  • Exterior features: Chickee Hut, Storage
  • Has private pool: Yes
  • Pool features: In Ground, Concrete
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Fenced
  • On waterfront: Yes
Lot
  • Size: 0.68 Acres
Details
  • Additional structures: Guest House
  • Parcel number: 00566370000000
  • Zoning: R1 - Residential Single Family

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • CBS
Condition
  • Updated/Remodeled
  • New construction: No
  • Year built: 1983

Utilities & green energy

  • Utilities for property: Elect Separate Meter

Community & HOA

Community
  • Security: Security Gate
  • Subdivision: Tavernier Beach (91.5)
HOA
  • Has HOA: No
  • Services included: None
Location
  • Region: Tavernier

Financial & listing details

  • Price per square foot: $2,132/sqft
  • Tax assessed value: $3,785,528
  • Annual tax amount: $30,980
  • Date on market: 7/7/2026
  • Listing terms: Cash,Conventional

Price history

DateEventPrice
10/1/2026Price change$5,975,000-8.1%$2,132/sqft
Source: FLKMLS #620553
8/27/2026Price change$6,500,000-4.4%$2,319/sqft
Source: FLKMLS #620553
8/3/2026Price change$6,800,000-6.8%$2,426/sqft
Source: Key West AOR #620553
7/7/2026Listed for sale$7,299,000+252.9%$2,604/sqft
Source: FLKMLS #620553
9/28/2013Sold$2,068,000-13.7%$738/sqft
Source: FLKMLS #558472
6/12/2013Listing removed$2,395,000$854/sqft
Source: Bayview Properties #558472
7/13/2012Listed for sale$2,395,000-4%$854/sqft
Source: Bayview Properties #558472
3/22/2012Listing removed$2,495,000$890/sqft
Source: Bayview Properties of the Keys #549468
11/20/2011Listed for sale$2,495,000$890/sqft
Source: Bayview Properties of the Keys #549468
7/22/2011Listing removed$2,495,000$890/sqft
Source: Bayview Properties of the Keys #549468
6/17/2011Listed for sale$2,495,000$890/sqft
Source: Bayview Properties of the Keys #549468
4/23/2011Listing removed$2,495,000$890/sqft
Source: Bayview Properties #549468
10/22/2010Listed for sale$2,495,000-13.2%$890/sqft
Source: Bayview Properties #549468
7/29/2010Listing removed$2,875,000$1,026/sqft
Source: Bayview Properties #549468
7/3/2010Listed for sale$2,875,000+197.9%$1,026/sqft
Source: Bayview Properties #549468
7/15/2002Sold$965,000$344/sqft
Source: FLKMLS #511095

Public tax history

YearProperty taxesTax assessment
2025$30,981 +11%$3,327,158 +10%
2024$27,910 +8.3%$3,024,689 +10%
2023$25,760 +5%$2,749,717 +10%
2022$24,524 +20.7%$2,499,743 +16.5%
2021$20,315 +5.9%$2,145,909 +7.3%
2020$19,177 $1,999,311 +8.5%
2019$19,177 +7.6%$1,843,172 +6.1%
2018$17,820 +3.2%$1,736,577 -15.6%
2017$17,273 +0.1%$2,056,360 +43.8%
2016$17,249 +17.4%$1,429,582 -2.9%
2015$14,694 $1,472,397

Find assessor info on the county website

Monthly payment

Est. payment
$37,303/mo
Principal & interest
$33220
Property taxes
$4083
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33070

Nearby schools

Plantation Key School
Grades PK-8 • 1.7 miles
10/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
10/10
Coral Shores High School
Grades 9-12 • 1.5 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
College Readiness Rating
6/10
Student Progress Rating
2/10