Venetian Shores
123 Palermo Drive, Islamorada FL 33036
2 beds · 2 baths · 1,280 ft²
2
Bedrooms
2
Bathrooms
1,280
Sq. Ft.
1980
Year Built
2
Stories
58
Days on Market
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.
Facts
- MLS#
- R10719714
- Subdivision
- Venetian Shores
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 6,970 ft²
- Sq. Ft.
- 1,280 ft²
- Sq. Mt.
- 119 m²
- Price per sq. ft.
- $762/ft²
- Price per sq. mt.
- $8,193/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 58 days
- Listed
- May 27, 2021
- Last Updated
- Sep 9, 2026
- Price/Lot Sq.Ft.
- $140/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$997,500
2 bd · 2 ba · —
83201 Old Highway # 512, Islamorada FL 33036
SOLD$999,998
2 bd · 3 ba · 1,473 sqft
101 Gulfview Dr # 102, Islamorada FL 33036
SOLD$999,999
2 bd · 2 ba · 1,200 sqft
129 Ocean Ln, Islamorada FL 33036
SOLD$925,000
2 bd · 3 ba · 1,137 sqft
119 Anglers Way, Islamorada FL 33036
SOLD$1,049,000
2 bd · 2 ba · 1,896 sqft
87851 Old Hwy # P21, Islamorada FL 33036
SOLD$895,000
2 bd · 3 ba · 1,473 sqft
101 Gulfview Dr # 202, Islamorada FL 33036
SOLD$882,000
2 bd · 3 ba · —
140 Aregood Ln # C2, Plantation Key FL 33036
SOLD$1,100,000
2 bd · 2 ba · —
135 Gulfview Drive, Islamorada FL 33036
Market insights for Islamorada
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
84
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 9/9/2026 | Sold | $975,000 |
| 8/13/2021 | Price change | $975,000-11.4% |
| 5/27/2021 | Listed for sale | $1,100,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$6,152/mo
Principal & Interest
$5,189
Property Tax
$813
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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