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For sale
  • Price cut: $50K (7/8)
    $4,249,000

    241 Tollgate Blvd, Islamorada, FL 33036

    3beds
    1,973sqft
    : 
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    Single Family Residence
    Built in 2024
    6,969 Square Feet Lot
    $4,005,600 Zestimate®
    $2,154/sqft
    $17/mo HOA

    What's special

    Swimming poolQuartz finishesThree exceptionally spacious bedroomsGracious island-inspired designTop-quality appliancesState-of-the-art kitchenIce maker
    Near-new luxury home in coveted Toll Gate Shores, Islamorada, Florida. Near perfection, describes this newly constructed 3-bedroom, 3-bath residence offering single-level living with elevator access in the highly sought-after waterfront Keys community. Completed in 2024/2025 by renowned local contractor CBT Construction, the home blends modern luxury with a relaxed tropical elegance. The state-of-the-art kitchen is designed to impress as well as maintain functionality. The kitchen features quartz finishes, top-quality appliances, a professional gas range and oven, ice maker, and expansive cabinetry and counter space. This kitchen is ideal for entertaining, gathering, and everyday living especially if you have more than one chef in the house! A generous counter bar provides additional seating for guests and spectators alike. Three exceptionally spacious bedrooms create a comfortable retreat, with two offering ensuite baths, all complementing the home's gracious island-inspired design. The ground floor enclosure has approximately 900sq ft of additional useable space for enjoyment hobby and workshop and garage areas. Exact square footage not warranted.Boating enthusiasts will appreciate protected yacht dockage on Hurricane Creek, complete with a 15,000 lb boat lift and approximately 5-6 feet of controlled depth, depending on tide. Additional highlights include a swimming pool, whole-home generator, and private access to the owners' neighborhood park. Owner occupied--advance notice is appreciated. Schedule your private showing today.
    169 days
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    552
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Keith Allen 305-481-5544,

    Coastal Realty of the Florida Keys

    Source: FLKMLS,MLS#: 618244MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Ice Machine, Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Built-in Cabinets, Quartz Countertops, Walk-In Closet(s), Storage, Elevator, Granite Counters, Entrance Foyer, Split Bedroom, Cathedral Ceiling(s)
      • Flooring: Tile
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
      Interior area
      • Total interior livable area: 1,973 sqft

      Property

      Parking
      • Parking features: Garage, Off Street
      • Has garage: Yes
      Accessibility
      • Accessibility features: Yes, Accessible Elevator Installed
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Patio
      • Has private pool: Yes
      • Pool features: In Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Bay/Gulf View, Water
      • Has water view: Yes
      • Water view: Bay/Gulf View,Water
      • Waterfront features: Bay Front, Open Water, Canal Front, Gulf Front, Waterfront, Dock: Concrete, Dock Length: 60, Dockage: Boat Lift
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 60 x 115 x 60 x 111
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Workshop
      • Parcel number: 00390500000000
      • Zoning: R1
      • Zoning description: Residential Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Year built: 2024

      Utilities & green energy

      • Electric: Generator
      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Propane, Buyer to Verify

      Community & HOA

      Community
      • Features: Other
      • Security: Smoke Detector(s), Security System, On Premises System
      • Subdivision: Toll Gate Shores (73.5)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $200 yearly
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $2,154/sqft
      • Tax assessed value: $2,151,250
      • Annual tax amount: $19,354
      • Date on market: 1/22/2026
      • Listing terms: No Seller Finance

        Estimated market value

        $4,005,600

        $3.81M - $4.21M

        $5,256/mo

        Price history

        DateEventPrice
        7/8/2026Price change$4,249,000-1.2%$2,154/sqft
        Source: Key West AOR #618244 Report a problem
        5/30/2026Price change$4,299,000-2.9%$2,179/sqft
        Source: Key West AOR #618244 Report a problem
        4/29/2026Price change$4,429,000-5.7%$2,245/sqft
        Source: FLKMLS #618244 Report a problem
        2/26/2026Price change$4,695,000-4.2%$2,380/sqft
        Source: FLKMLS #618244 Report a problem
        1/22/2026Listed for sale$4,900,000+549%$2,484/sqft
        Source: FLKMLS #618244 Report a problem
        5/26/2016Sold$755,000-8.5%$383/sqft
        Source: FLKMLS #569847 Report a problem
        2/24/2016Pending sale$825,000$418/sqft
        Source: Freewheeler Realty, Inc #569847 Report a problem
        2/3/2016Listed for sale$825,000$418/sqft
        Source: Freewheeler Realty, Inc #569847 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,354 +117.6%$2,151,250 +168.9%
        2024$8,893 -4.3%$800,166 -3.1%
        2023$9,289 +17.7%$825,525 +10%
        2022$7,895 +11.8%$750,477 +10%
        2021$7,059 +8.9%$682,252 +10%
        2020$6,481 $620,229 +3.7%
        2019$6,481 +1.5%$597,838 +22%
        2018$6,383 +21.1%$489,955 -6.9%
        2017$5,273 -4.2%$526,007 +4.3%
        2016$5,504 -1.7%$504,475 +9.3%
        2015$5,600 $461,477
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33036

        Getting around

        16 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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