Paradise found--experience the best of Florida Keys waterfront living in this beautifully updated, lushly landscaped lakefront home offering exceptional privacy and tranquil water views. Boaters will appreciate easy access from the lake to the bay and direct ocean access through nearby Tavernier Creek. Inside, soaring ceilings and impact-rated windows and doors fill the home with natural light, creating a bright, open atmosphere. The spacious great room flows onto an expansive waterfront deck just steps from the lake--perfect for relaxing or entertaining. The chef's kitchen features maple cabinetry, granite countertops, Thermador refrigerator and oven, Bosch dishwasher, commercial ice maker with filtration, and a GE Profile wine cooler. The oversized island showcases etched glass panels depicting an underwater seascape, illuminated with remote-controlled LED lighting. The main level includes two guest bedrooms and two updated bathrooms, including one ensuite. A custom tamarind wood serpentine staircase leads to the private third-floor primary suite with beautiful water views. The primary bath offers a whirlpool tub, walk-in steam shower, and skylights. Additional features include an oversized two-car garage with 12-foot ceilings and ample storage, plus a large ground-level storage area currently configured as a guest apartment with a permitted full bath. Outdoors, enjoy a secluded heated pool surrounded by tropical landscaping and a 60-foot concrete dock finished with durable IPE (Brazilian walnut). With no neighbors behind, on one side, or across the water, this property offers rare privacy and quick access to both Florida Bay and the Atlantic Ocean--capturing the essence of relaxed Keys living.
Single-familyProperty Type
1998Year Built
7,510 sq ftLot Size
$1,007Price/Sq.Ft.
4 spacesParking
Listed by Susan Ashmore• Coldwell Banker Schmitt Islamorada
Bought with Jane Wasmund• RE/MAX All Keys Real Estate
Bought with Wendy Ives• RE/MAX All Keys Real Estate
Est. $3,523 per month, based on comparable rentals
Sale and tax history for 151 Lake Rd
Sale History
Tax History
Date
Event
Price
FLKMLS #619060
Jul 20, 2026
Sold
$2,700,000
$1,007/sq ft
May 26, 2026
Contingent
—
Apr 17, 2026
Price Changed
$2,950,000
$1,100/sq ft
Apr 17, 2026
Price Changed
$2,900
$1/sq ft
Mar 13, 2026
Listed
$3,295,000
$1,229/sq ft
FLKMLS #616642
Mar 13, 2026
Listing Removed
—
Jan 6, 2026
Price Changed
$3,399,000
$1,267/sq ft
Dec 12, 2025
Price Changed
$3,699,000
$1,379/sq ft
Sep 25, 2025
Listed
$3,800,000
$1,417/sq ft
FLKMLS #546638
May 15, 2020
Listing Removed
—
Oct 5, 2008
Listed
$1,200,000
$447/sq ft
FLKMLS #550335
Jul 29, 2011
Sold
$900,000
$336/sq ft
Nov 19, 2009
Listed
$950,000
$354/sq ft
FLKMLS #544041
Oct 1, 2008
Listing Removed
—
Jan 11, 2008
Listed
$1,800,000
$671/sq ft
Public Records
May 24, 1999
Sold
$335,000
$125/sq ft
Public Records
Nov 18, 1994
Sold
$80,000
$30/sq ft
Public Records
Apr 1, 1984
Sold
$45,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,859 (+3.4%)
2024
$7,602 (+0.7%)
2023
$7,547 (+1.9%)
2022
$7,410 (−1.0%)
2021
$7,487 (+0.9%)
2020
$7,421 (+0.4%)
2019
$7,394 (+2.5%)
2018
$7,215 (−7.1%)
2017
$7,768 (+10.9%)
2015
$7,002 (+0.5%)
2014
$6,964
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
3
Lot width
—
Lot depth
—
Lot size
7,510 Sq. Ft.
Year renovated
2013
Sq. Ft.
2,450
Year built
1998
Style
Single Family Residential
County
Monroe County
APN
0563 38 00418311003600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 27, 2026.
R1
Residential Single-Family District
The purpose of the residential single-family R1 zoning district is to accommodate homes, homeowners parks, and open space in single-family residential neighborhoods located in subdivisions and on streets where the primary land use is single-family residential. On lots fronting U.S. 1, this zoning district shall also accommodate deed restricted affordable housing of up to four units. All lots within this zoning district are platted or legally recorded; This zoning district is established within the Residential Medium RM FLUM category.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking / Garage Information
Vehicle Storage: Garage, Off Street Parking, Guest Parking, Auto Door Opener, Attached