123 Palermo Drive, Islamorada, FL 33036

$860,000

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https://vimeo.com/562902783

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https://www.propertypanorama.com/123-Palermo-Drive-Islamorada-FL-33036/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 3,014 Status: Closed

Current Price: $860,000 List Date: 8/12/2021 Last Modified: 7/03/2026

Overview

Description

Mariner's Dream! Jump into this fantastic opportunity to live in idyllic Village of Islamorada's Venetian Shores neighborhood. Easy access from canal to the oceanfront and bayside waters via Snake Creek Intracoastal Waterway. No fixed bridges. Watch drone video and dream of endless summer days. Lots of possibilities upstairs 2 bedroom / 2 bathroom, walk in closet, eat-in kitchen, living area, and screened porch. Monroe County Prop Appraiser has identified 2 dwelling units on the property. Separate entry to downstairs lower level finished (LLF) 720 sf area equipped with kitchen, kitchen bar, living area, bedroom, walk-in closet, walk in laundry area; and office space. Needs updating.

Listing Details MLS# R10719714

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 3014
Building Area Source: Public Records
Living Area Main: 1280
Year Built: 1980
Carport YN: Yes
Attached Carport YN: Yes
Carport Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 7000
Lot Size Acres: 0.16
Lot Size Dimensions: 70' x 100'
Frontage Length: 70
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Pool Private YN: No
Furnished: Unfurnished
Year Roof Installed: 1980

Property Features

Dining Area: Eat-In Kitchen Electric: Three Phase Parking Features: Attached Carport Property Condition: Resale Appliances: Dishwasher; Electric Range; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Key West Boat and Dock Features: Private Dock Construction Materials: CBS; Concrete; Second/Third Floor Concrete; Stucco Cooling: Ceiling Fan(s); Central Air Heating: Central Interior Features: Upstairs Living Area Laundry Features: Inside; Laundry Closet Levels: Multi/Split Listing Terms: Cash; Conventional Membership: Other Membership Available Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Roof: Concrete; Tile Security Features: None Sewer: Public Sewer Tax Information: No Homestead Utilities: Cable Available; Sewer Available; Water Available Water Access: No Fixed Bridge; Ocean Access Water Source: Public Waterfront Features: Canal Front; No Fixed Bridges Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied; Text Listing Agent Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Open; Porch - Screened Contingencies: Inspection; Insurance Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1100000

Location and Legal

County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 123
Street Name: Palermo
Street Suffix: Drive
City Name: Islamorada
State Or Province: FL
Postal Code: 33036
Postal Zip: 33036
Subdivision Name: Venetian Shores
Area: 5940 - Other Florida County
Special Assessment YN: No
Parcel Number: 00405780000000
Zoning: residential
Directions: Bayside, Near Mile Marker 86
Multiple Offers Accepted: No

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Membership: Voluntary
Membership Fee Required YN: No
Tax Annual Amount: 8581.87
Tax Year: 2020
Tax Legal Description: BK 3 LTS 11 AND 12 VENETIAN SHORES PLAT NO 1 AMENDED AND EXTENDED PB3-157 PLANTATION KEY OR587-410 OR802-414 OR802-415 O

Status Change Information

Major Change Timestamp: 2021-10-21T14:47:42Z
Major Change Type: Status Change
Price Change Timestamp: 2021-08-12T20:07:25Z
Status Change Date: 2021-10-21
Under Contract Date: 2021-08-24
Close Date: 2021-10-15
Close Price: 860000
Buyer Financing: Conventional

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Parking Information

Open Parking Spaces: 2

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Boat Max Length: 70
Dock Details: 70'
Boat Dock Accommodates: Up to 70 Ft Boat

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Storm Protection

Panel Shutters: Complete

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Lower
Living Room Level: Main
Master Bedroom Level: Lower
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 671.87
Original List Price To Close Price: 1.27

Originating Details

Originating System Key: 20210527192234556295000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Dining Area

Eat-In Kitchen: Yes

Electric

Three Phase: Yes

Parking Features

Attached Carport: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes
Water Heater: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Second/Third Floor Concrete: Yes
Stucco: Yes

Interior Features

Upstairs Living Area: Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

East of US-1: Yes

Roof

Concrete: Yes
Tile: Yes

Security Features

None: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes
No Fixed Bridges: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Key West: Yes

Boat and Dock Features

Private Dock: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes
Occupied: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

2 Master Baths: Yes

Membership

Other Membership Available: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

No Homestead: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Porch Details

Porch - Open: Yes
Porch - Screened: Yes

Contingencies

Inspection: Yes
Insurance: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Living Room	13.00	13.00	Main
Kitchen	10.00	10.00	Upper
Kitchen	10.00	10.00	Lower
Master Bedroom	14.00	12.00	Lower
Laundry

Listing Office: Coldwell Banker Realty

Last Updated: July - 03 - 2026

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