by Global Lifestyle Properties

See Home Value
$750,000
● House - Off Market

406 ISLEBAY DRIVE

APOLLO BEACH, FL 33572
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,278 Ft²
$4,675
Est. Monthly
$13
HOA / Fees
2.29%
Cap Rate

About This Property

Live where dolphins play and sunsets steal the show. Welcome to 406 Islebay Blvd, a 3-bedroom, 2-bathroom, 2,278 square foot waterfront retreat in the highly sought-after Mirabay community of Apollo Beach. Every day begins and ends with breathtaking views down the canal and into Tampa Bay's vibrant skies. Just steps from your back door, a private dock with a 2023 10,000-pound boat lift, auto-stop upgrade, and catwalk puts you minutes from world-class fishing, dockside dining, and open-water adventures.

Unlike many nearby areas impacted by Hurricane Helene, Mirabay was built at elevated heights. This home, like all others in the neighborhood, remained completely high and dry. Its flood-resilient design and location offer peace of mind that is becoming increasingly rare in waterfront communities.

This beautifully maintained Morrison-built Islamorada floor plan offers a bright, open layout with high ceilings, natural light, and water views from nearly every room. The Key West-inspired exterior features lush landscaping and a deep cypress-plank front porch perfect for relaxing or gathering with neighbors. Inside, a 297-square-foot custom Florida room offers flexible space finished with wood-look tile, currently serving as a cozy sunroom and sitting area.

The open-concept kitchen includes leathered quartz countertops, a dual-fuel gas and electric range, convection oven and microwave, custom vent hood, stainless appliances, under-cabinet lighting, and a touchless sink faucet. The living and dining areas flow effortlessly for easy entertaining, and a cafe-style nook provides the perfect spot to enjoy your morning coffee with a view.

The 2022-remodeled primary suite features custom wall accents, upgraded trim, a large walk-in closet with built-ins, and an elegant ensuite bath. The additional two bedrooms are situated in a true split floor plan and have access to their own fully remodeled bathroom, offering comfort and privacy for guests or family.

This home has been meticulously updated for both beauty and function. Notable upgrades include storm-rated windows installed in 2021, a newer roof from 2020, high-end bamboo flooring added in 2021, fresh exterior paint in 2022, garage overhead storage, new garage springs in 2023, a large capacity 16 SEER HVAC system with UV filter, a newer water heater and softener, rain gutters, a whole-home surge protector, and full brick pavers in the front, back, and patio. All major appliances convey, including a front-loading washer and dryer with pedestals and a garage freezer. A transferable flood insurance policy is available for only $1,245 per year.

Living in Mirabay means enjoying resort-style amenities including two heated pools, a 24-hour fitness center, parks, playgrounds, tennis, basketball, and pickleball courts, a clubhouse, cafe, and lounge. The community is golf cart friendly and offers residents access to kayaks and paddleboards for exploring the lagoon or heading out into Tampa Bay. This home offers not just a place to live, but a lifestyle of water, peace, and connection.
Unit Size
2,278 Ft²
Days on Market
502 days
Land Size
0.16 acres
Price per sqft
$358
Property Type
House
Property Taxes
$660
HOA Dues
$13
Year Built
2004

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Last updated: 2 years ago (Stellar MLS #T3512176)

Price History

Date / Event Date Event Price
Aug 5, 2025 Sold
Sold
Jul 5, 2025 In contract -
In contract
Jun 30, 2025 Price Decreased $815,000
↓ $10K (1.2%)
Price Decreased
Mar 14, 2025 Price Decreased $825,000
↓ $15K (1.8%)
Price Decreased
Nov 27, 2024 Price Decreased $840,000
↓ $10K (1.2%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 4
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 6,691
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 547
  • Total Building Area: 2,374
  • Gross Building Area: 2,954
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIRABAY PHASE 1B-1/2A-1/3B-1
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: MIRABAY PHASE 1B-1/2A-1/3B-1 LOT 3 BLOCK 23

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 014118

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 184
  • Subdivision Tract Number: 648
  • Parcel: 054208-0236
  • Block: 23
  • Lot: 3
  • Meridian: SEC 29 TWN 31S RNG 19E
  • Municipality: UNICORPORATED
  • Latitude: 27.7534
  • Longitude: -82.4213

    Address

  • Full Address: 406 Islebay Dr
  • Address - House Number: 406
  • Address - Street Name: Islebay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Apollo Beach
  • Carrier Code: R014
  • 4-Digit Zip Code: 3331
  • Zip Code: 33572

Valuation

    Tax

  • Total Area: 2,305
  • Tax Year: 2023
  • Tax Amount: $824,648
  • Tax Rate Code Area: U

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 996,784
  • High Value: 1,082,473
  • Low Value: 911,096

    Market Valuation

  • Market Total Value: $534,871
  • Market Land Value: $243,516
  • Market Improvement Value: $291,355

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,405

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 18, 2016
  • Current Sale Recording Date: May 10, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016178999
  • Previous Sale Recording Date: Mar 14, 2005
  • Previous Sale Contract Date: Mar 01, 2005
  • Previous Sale Amount: $469,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Apollo Beach


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Frequently Asked Questions

When was property at 406 Islebay Drive built and last sold?
The property at 406 Islebay Drive was built in 2004 and last sold on Apr 18, 2016 for $406,000.
How much is this home worth?
The estimated value of the home located at 406 Islebay Drive is $0.
What are some comparable homes to 406 Islebay Drive?
There are currently no comparable homes to 406 Islebay Drive.