NOT LISTED FOR SALE

111 Palermo Dr Islamorada, FL 33036

Estimated Value: $1,166,628 - $1,898,000

4 Beds
3 Baths
2,176 Sq Ft
$767/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $600,000 $276 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $9,743/month

64 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Screened Balcony
  • Plantation Key School Rated A-
  • No HOA
  • 1-minute walk to Founders Park

About This Home

As of June 2016

Legal Duplex. Unique property. Concrete roof with two separate units. Larger living space on top floor with one huge bedroom screen porch, jacuzzi,full kitchen, dining area and lots of closets. Separate two bedroom downstairs with porch and full kitchen. Fenced in yard with private setting surrounded by tropical foliage. French doors leading to screen porch. Two electric meters, one water meter.

Last Agent to Sell the Property

Barbara Eads

Barbara Eads Realty License #0414676 Listed on: 02/29/2016

Last Buyer's Agent

Linsey Helm

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,972

Year Built

  • Built in 1974

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned R2 - Residential Duplex

Parking

  • Off-Street Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 2,176 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with wood
  • Screened Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Venetian Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00405710-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,972

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6972.48
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1974
  • Alternate Key Number: 1497967
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Screened P/B
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2176.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Dryer
  • Floor: Combo, Tile
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Concrete Roof
  • Waterview: Canal View

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00405710-000000
  • Lot Size: 70 X 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jun 24, 2016
Sold by
Holland Marcia and Holland Daniel
Bought by
Hungerford Richard M
Seller's Agent
Barbara Eads
Barbara Eads Realty
Buyer's Agent
Linsey Helm
Coldwell Banker Schmitt Islamorada
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Current Estimated Value
$1,669,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,657
Avg. Annual Appreciation
11.82%
Original Mortgage
$450,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2004
Sold by
Holland Daniel
Bought by
Holland Daniel and Holland Marcia

Purchase Details

Closed on
Apr 1, 1988
Bought by
Hungerford Richard M

Purchase Details

Closed on
Jul 1, 1984
Bought by
Hungerford Richard M
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hungerford Richard M $600,000 Sunshine Title
Holland Daniel -- --
Hungerford Richard M -- --
Hungerford Richard M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hungerford Richard M $415,000
Closed Hungerford Richard M $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $600,000 -14.2% $276 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $699,000 -- $321 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,597 $1,185,864 -- --
2023 $10,597 $1,152,485 $0 $0
2022 $9,750 $954,363 $0 $0
2021 $9,235 $798,453 $465,500 $332,953
2020 $9,217 $803,824 $465,500 $338,324
2019 $9,009 $741,988 $465,500 $276,488
2018 $8,501 $738,379 $462,175 $276,204
2017 $7,443 $580,241 $0 $0
2016 $7,345 $536,566 $0 $0
2015 $6,972 $510,652 $0 $0
2014 $7,391 $551,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Eads

    Seller's Agent in 2016

    Barbara Eads

    Barbara Eads Realty

    (305) 586-7326

    6 in this area

    169 Total Sales

    Barbara Eads
    Section Image

  • L

    Buyer's Agent in 2016

    Linsey Helm

    Coldwell Banker Schmitt Islamorada

  • L

    Buyer's Agent in 2016

    Linsey Alba

    Postcard Properties, Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 570134

Florida Keys Board of REALTORS®

APN: 00405710-000000

Florida Monroe County Islamorada 33036

111 Palermo Dr, Islamorada, FL

This home is located at 111 Palermo Dr, Islamorada, FL 33036 since 29 February 2016 and is currently estimated at $1,669,657, approximately $767 per square foot. This property was built in 1974. 111 Palermo Dr is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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