Venetian Shores

123 Palermo Drive, Islamorada FL 33036

2 beds · 2 baths · 1,280 ft²

Closed

$975,000

11.36%

Est. Payment $5,189/mo

MLS Sheet Video

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.

Market insights for Islamorada

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

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).

9/9/2026Sold$975,000
8/13/2021Price change$975,000-11.4%
5/27/2021Listed 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

123 Palermo Drive, Islamorada FL 33036Directions

Estimated Monthly Payment

$6,152/mo

Principal & Interest

$5,189

Property Tax

$813

Insurance

$150

HOA

$0

20% ($195,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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