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$12,900,000
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Property Description
Welcome to BAYVIEW HIDEAWAY. Situated on 2 SEPARATE LOTS -each with its own parcel ID-the buildable bayfront lot has endless potential. The price per square foot reflects this extraordinary opportunity. This mini estate is surrounded by water on three sides with 435'+/- water-frontage and secured by a 6-foot gated entrance. BAYVIEW HIDEAWAY boasts 220'+ of concrete dock, complete with three lifts, power, and water. Ideal for boating enthusiasts, the property accommodates yachts over 80+ feet and offers convenient access to Channel 5 Bridge with 65-foot clearance for seamless bay-to-ocean access. The second lot even has the potential for a helicopter landing. Meticulously renovated by the original builder in 2020-2021, this home was stripped to the bare framework and reimagined with modern updates, including new electric, plumbing, and impact-rated PGT/WinDoor windows and doors, porcelain tile flooring and Level 5 drywall throughout. The property features smart, energy-efficient upgrades, such as 4 Trane AC units with variable-speed smart thermostats, two water heaters, and foam-filled block insulation. Inside, the home offers picturesque water views from every room and features luxurious details, including Turkish marble stairs, vaulted ceilings, Hunter Douglas window treatments, and Italian marble accents in the primary baths. The spacious layout includes six bedrooms, each with private balconies, two primary suites, 4 bathrooms, and a chef's kitchen with Viking appliances, custom cabinetry, and Vetrazzo countertops. The outdoor spaces feature a new saltwater pool built in 2021 with a heater/chiller surrounded by marble pavers, a bar, BBQ area, a gazebo, an orchid house, pergolas, a putting green, and hot tub. Located in Safety Harbor subdivision in Islamorada-BAYVIEW HIDEAWAY is more than just a home; it's a lifestyle opportunity. Combining high-end finishes, unparalleled amenities, and a prime bayfront location, this estate is a true gem in the Keys.
Full Property Details
Full Property Details for 186 Bayview Dr
General
- Price: $12,900,000
- Taxes: $17,730 (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225002450
- Updated: 7/3/2025
- Added to Site: 356 day(s) ago
Rental Information
- Lease/Rent Term: 28
- Min. Lease (Days): 28
Interior
- Interior Features: Common Elevator, Split Bedrooms, Exercise Room, Family Room, Guest Bath, Guest Room, Cathedral Ceiling(s), Entrance Foyer, Vaulted Ceiling(s), Volume Ceiling, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
- Furnishings: Negotiable
- Flooring: Marble, Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom: 2 Masters, Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 6
- Primary Bedroom: Two Master Suites, Master BR Upstairs
Other Rooms
- Kitchen: Kitchen Island
- Dining Room: Formal
- Laundry: Inside
Additional Information
- Shared Amenities: Bike And Jog Path, Shopping, Boating
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Equipment Stays, Electric Heat, Salt Water
- Spa: Yes
- Spa Description: Above-Ground, Equipment Stays, Heated (Electric)
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Boat Lift, Concrete Dock, Dock Included, Elec Avail at dock, Water Avail at Dock, Balcony, Courtyard, Outdoor Shower
- Porch/Patio/Deck: Screened Lanai/Porch, Deck, Patio
Parking
- Carports: Yes
- Carport Spaces: 3
- Covered Spaces: 3
- Parking Features: 2+ Spaces, Covered, RV-Boat, Attached Carport
Location
- Area: OA01 - Out of Area
- County: Monroe
- Subdivision: SAFETY HARBOR CLUB
- Building Name: SAFETY HARBOR CLUB
- Driving Directions: South on Overseas Highway. Turn right onto Palm Drive. After 500 feet, turn right onto Palm Drive. After 0.4 miles, the road ends at the destination: 165 Bayview Drive.
- Direction Faces: West
Community
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block
- Roof: Metal
- Windows: Impact Resistant, Skylight(s), Impact Resistant Windows
- Doors: Impact Resistant Doors
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 4,394
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 4,394 Sq. Ft.
- Year Built: 1991
- Other Struct. Feat.: Elevator
Additional Structures
- Other Structures: Gazebo
Lot Features
- Property View: Bay, Canal
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,393
- Lot Size Source: Survey
- Lot Dimensions: 113 x 105 x 246 x 215
- Frontage Feet: 113
- Irrigation System: Assessment Paid
- Lot Features: Corner Lot, Dead End, Oversize
- Trees/Vegetation: Fruit Trees
- Lot Description: Corner Lot, Dead End, Oversize
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Bay
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $17,730
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Buyer Pays Title
Disclosures and Reports
- Ownership: Single Family
- Legal Description: Lot 1, Block 6, Safety Harbor and Lot 2, Block 7, SAFETY HARBOR PB 3-69 SEC-1 LOWER MATECUMBE KEY
- Property ID: 00391730-000000
Listed by Coldwell Banker Schmitt RE CO
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Schools
Schools serving 186 Bayview Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Plantation Key School 100 Lake Road, Tavernier, FL 33070 | PK-8 | 15.6 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 68.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 186 Bayview Dr
Date
Details
Price
Change
Source
7/03/2025
Price Reduced
$12,900,000
-3.73%
MLS
4/22/2025
Price Reduced
$13,400,000
-3.6%
MLS
1/28/2025
Listed
$13,900,000
308.82%
MLS
9/06/2019
Sold
$3,400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 186 Bayview Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,095
4%
$1,377,220
2%
2023
$10,634
15%
$1,350,360
30%
2022
$9,256
9%
$1,037,799
25%
2021
$8,500
30%
$830,239
258%
2019
$6,551
97%
$231,703
10%
2018
$3,322
41%
$210,639
10%
2017
$2,355
-5%
$191,490
—
2016
$2,475
9%
$191,926
9%
2015
$2,270
-1%
$175,340
—
2014
$2,290
4%
$175,119
6%
2013
$2,202
—
$164,585
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 186 Bayview Dr
186 Bayview Dr, Islamorada, FL 33036 (MLS# 225002450) is a Single Family property with 6 bedrooms and 4 full bathrooms. 186 Bayview Dr is currently listed for $12,900,000 and was received on January 28, 2025. Want to learn more about 186 Bayview Dr? Do you have questions about finding other Single Family real estate for sale in Islamorada? You can browse all Islamorada real estate or contact a Coldwell Banker agent to request more information.

