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137 Cortez Drive, Lower Matecumbe, FL 33036

New Listing
$2,250,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,168 Lot Size (sq. ft.): 7,500 Status: Active
Current Price: $2,250,000 List Date: 5/01/2026 Last Modified: 5/02/2026

Overview

Description

Impeccably Designed Islamorada Waterfront Retreat! Welcome to your private island oasis! This stunning 3BR/3BA solid concrete waterfront home on Lower Matecumbe Key combines comfort and style with the ultimate Florida Keys lifestyle. Beautifully updated, this turnkey residence is move-in ready for immediate enjoyment. The inviting floor plan features a well-appointed kitchen with quartz countertops and stainless appliances with open living concept, a spacious primary en suite, and a versatile downstairs guest suite with bedroom and living area--perfect for hosting family and friends or creating your own private retreat. Situated on a canal with immediate ocean access, the property includes 75 feet of concrete dockage with boat lift for the boating enthusiast. The resort-style backyard is designed for endless entertaining with a heated pool, expansive sun deck, screened porch, and multiple indoor-outdoor living spaces--your personal vacation paradise. Located just minutes from Islamorad ...

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Listing Details MLS# 619722

Location, Tax & Legal

Street #
137
Street Name
Cortez
Street Suffix
Drive
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Mat Ocean View (76.5)
Area
22 - Lower Matecumbe
City
ISLAMORADA
Mile Marker
76.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE
Alternate Key #
1489069
Parcel #
00396540000000
Zoning
R1 - Residential Single Family
Deed Restrictions
No
Legal
Bk 2 Lt 18 Matecumbe Ocean View Pb4-102 Lower Matcmbe Key Or493-740 Or524-1091 Or705-155 Or861-792C Or1124-503 Or1348-10
Taxes
12046.85
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
3
Pool
Yes
Year Built
1979
Lot SqFt
7500
Lot Sqft Source
Property Data Card
Acres
0.17
Living Apx SqFt
2168
SqFt Source
Property Data Card
Total Bedrooms
3
Full Baths
3
Total Baths
3
Rentals Allowed
Yes
Min Rental Days
28

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
200

Dockage

Dock Length
75
Dock
Concrete
Boat Lift
Yes

More Information

Building Style

Above Flood
No
Stories
2 Stories

Vehicle Storage

Car(s)
4+
Carport
Yes
Attached
Yes

Pool Info

Heated
Yes
In Ground
Yes
Salt Water
Yes
Concrete
Yes

Remarks & Misc

Remarks – Consumer
Impeccably Designed Islamorada Waterfront Retreat! Welcome to your private island oasis! This stunning 3BR/3BA solid concrete waterfront home on Lower Matecumbe Key combines comfort and style with the ultimate Florida Keys lifestyle. Beautifully updated, this turnkey residence is move-in ready for immediate enjoyment. The inviting floor plan features a well-appointed kitchen with quartz countertops and stainless appliances with open living concept, a spacious primary en suite, and a versatile downstairs guest suite with bedroom and living area--perfect for hosting family and friends or creating your own private retreat. Situated on a canal with immediate ocean access, the property includes 75 feet of concrete dockage with boat lift for the boating enthusiast. The resort-style backyard is designed for endless entertaining with a heated pool, expansive sun deck, screened porch, and multiple indoor-outdoor living spaces--your personal vacation paradise. Located just minutes from Islamorada's acclaimed restaurants, local marinas, world-class fishing, and island attractions, this exceptional home offers the perfect balance of waterfront tranquility and vibrant Keys living. Whether you're lounging poolside, departing for a day on the water, or gathering with loved ones, every day feels like a getaway. Low Flood Insurance currently $2075 available to transfer.
Directions
Google Maps

Fee Includes

None
Yes
Other
Yes

Tax Exemptions

Homestead
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Ductless
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Floor

Tile
Yes

Neighborhood Feature

Community Boat Ramp
Yes

Interior Features

Built-in Cabinets
Yes
Drapes/Blinds Incl
Yes
Quartz Countertops
Yes
Storage
Yes
Walk-in Closet(s)
Yes

Property Condition

Updated/Remodeled
Yes

Specialty Rooms

Laundry Room
Yes
Workshop
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes
Partially
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Bar
Yes
Outdoor Shower
Yes
Sprinkler System
Yes
Storage
Yes

Roof

Concrete Roof
Yes

Property Features

Fee Includes: None; Other Tax Exemptions: Homestead Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: Updated/Remodeled Vehicle Storage: Carport; Attached Furnished: Furnished; Partially Cooling: Ceiling Fans(s); Central Air; Ductless Utilities: FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Quartz Countertops; Storage; Walk-in Closet(s) Specialty Rooms: Laundry Room; Workshop Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Outdoor Shower; Sprinkler System; Storage Pool Info: In Ground; Salt Water; Concrete Construction: CBS Floor: Tile Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: May - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.