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508 ISLEBAY DRIVE

House For Sale
$1,214,000

BTC: 18.91271812

ETH: 688.62241483

New
Waterfront
4 bds
3 ba
3,475 sqft

Overview

508 Islebay Drive | 4 Bedrooms | 3.5 Bathrooms | 3,475 Sq. Ft. | Waterfront Pool Home in MiraBay Experience waterfront living at 508 Islebay Drive, a beautifully updated 4-bedroom, 3.5-bathroom home with a dedicated office, private dock, heated pool and spa, and direct saltwater canal access in the gated MiraBay community. Offering 3,475 square feet of refined living space, this contemporary waterfront residence features a remodeled first floor, an updated primary bathroom, a modernized fireplace, and thoughtfully selected upgrades throughout. The chef-inspired kitchen includes solid wood cabinetry, stone countertops, and premium Jenn-Air appliances replaced in 2023. The spacious first-floor primary suite provides a private retreat with a spa-style en suite bathroom featuring dual vanities and multiple shower heads. Additional interior improvements include new Toto toilets. The roof and water heater were replaced in 2021, adding comfort and long-term value. Designed for Florida indoor-outdoor living, the home features an impressive 50-foot screened lanai overlooking the canal. The outdoor entertaining area includes a heated gunite pool and spa, a fully equipped outdoor kitchen, and pool equipment updated in 2021 with solar, electric, and gas heating options. Boating enthusiasts will appreciate the private dock with a 16,000-pound boat lift and a separate jet ski lift, offering convenient access to the canal and surrounding waterways. MiraBay residents enjoy access to community amenities including a clubhouse, fitness center, resort-style pools, tennis courts, parks, and private boating facilities. This exceptional MiraBay waterfront home combines refined interior finishes, extensive outdoor entertaining space, and direct boating access. Schedule your private showing of 508 Islebay Drive today.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
2004
Lot:
0.28 Acres
Heating:
Central / Electric / Natural Gas
Price/sqft:
$349
Cooling:
Central Air
HOA:
$190

Valuation

Our model vs. what's actually selling nearby.
Estimate
$679,900
$539K – $1.0M
Confidence Low
List vs. estimate
$534K above estimate
List $1,214,000 · +78.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$349
+46.9% vs. city median $237
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,735
2025
HOA
$190/yr
Common Area Taxes, Community Pool, Escrow Reserves Fund
Pool
Gunite
View
Water
Waterfront
Canal Front, Lake
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    • Electric

    • Natural Gas

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Exhaust Fan

    • Gas Water Heater

    • Microwave

    • Refrigerator

    • Water Softener

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • High Ceilings

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: French Doors / Irrigation System / Lighting / Outdoor Grill / Outdoor Kitchen / Private Mailbox / Rain Gutters / Sidewalk

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: U29311964800002900003.0

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Natural Gas Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $190

    • HOA Frequency: Annually

    • Annual tax amount: $18,735

  • Source details

    • MLS ID: TB8518837

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Gas / Living Room

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Cleared / In County / Landscaped / Level / Sidewalk

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch / Rear Porch / Screened

    • Pool Features: Gunite / Heated / In Ground / Pool Sweep / Screen Enclosure

    • Window Features: Blinds / Shutters / Window Treatments

    • Direction Faces: East

    • Other Structures: Outdoor Kitchen

    • Architectural Style: Contemporary

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: BISCAYNE CANAL

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3475

    • Water Source: Public

    • Subdivision Name: MIRABAY PH 1B-1/2A-1/3B-1

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: 27NORTH REALTY