NOT LISTED FOR SALE

112 Palo de Oro Dr Islamorada, FL 33036

Islamorada Area

Estimated Value: $2,313,854 - $3,043,000

3 Beds
2 Baths
1,845 Sq Ft
$1,432/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $2,200,000 $1,192 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $15,343 / mo

63 Days on Market

Highlights

  • Boat Ramp
  • Boat Lift
  • Stainless Steel Appliances
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of March 2024

Welcome to Venetian Shores in Islamorada. An exclusive neighborhood with wide, clear canals and quick access to the ocean and bay through Snake Creek. This CBS home has a metal roof, new impact windows/door and sits on one lot. The lot is surrounded by a concrete fence and gated for privacy and seclusion. Boating Enthusiasts will enjoy the 70 ft dockage and convenience of the 10k boat lift and jet ski lift. This home has 3 floors with a garage, storage room and covered parking under home. 1st floor entry with an entertainment area above flood. 2nd floor boasts open living area with 2 bedrooms and 1 bath. 3rd floor is a large room with soaring ceilings, bath, walk in closet and walk around attic space. Each floor has a patio, porch or balcony for that seamless indoor/outdoor living experience. Don't miss the opportunity to own this waterfront property in one of the most popular locations in the Upper Keys.

Last Agent to Sell the Property

Marcia McCormick

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3335068 Listed on: 09/26/2023

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Marcia McCormick

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,701

Year Built

  • Built in 1989

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,845 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Outdoor Features

  • Boat Lift
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00407420-000000

Community Details

Overview

  • Association fees include common area mnt
  • Venetian Shores Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,701

Year Built

Built in 1989

Lot Details

7,000 Sq Ft Lot

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: Common Area Mnt
  • Handicap Access: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13701.46
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1989
  • Alternate Key Number: 1499617
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Open Porch/Balcony, Patio, Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion, Roll Down Manual
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1845.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Pantry, Storage, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Combo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00407420-000000
  • Lot Size: 70 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.32

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Mar 8, 2024
Sold by
Merrill Denise C and Merrill Robert Alan
Bought by
Seller's Agent
Marcia McCormick
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Marcia McCormick
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$2,300,000
Sold Price
$2,200,000
Premium/Discount to List
-$100,000
-4.35%
Views
124
Current Estimated Value
$2,566,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,057
Avg. Annual Appreciation
7.64%
Original Mortgage
$1,760,000
Outstanding Balance
$1,713,677
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$928,787

Purchase Details

Closed on
Jul 5, 1994
Sold by
Haug Richard C and Haug Dorcas Jeanne
Bought by
Merrill Wayne D and Merrill Denise

Purchase Details

Closed on
May 1, 1990
Bought by
Merrill Denise C

Purchase Details

Closed on
Jul 1, 1987
Bought by
Merrill Denise C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Islamorada, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 Coral Reef Title
Merrill Wayne D $80,000 --
Merrill Denise C $300,000 --
Merrill Denise C $40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $531,000
Open Sanchez Arturo J $1,760,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $2,200,000 -8.3% $1,192 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $2,400,000 +4.3% $1,301 / Sq Ft
09/26/2023 09/26/23 For Sale $2,300,000 -- $1,247 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,877 $1,852,979 $1,330,000 $522,979
2024 $13,867 $1,652,504 $1,134,000 $518,504
2023 $13,867 $1,493,453 $1,113,000 $380,453
2022 $13,701 $1,662,221 $1,284,500 $377,721
2021 $12,207 $1,230,361 $882,000 $348,361
2020 $11,615 $1,238,071 $882,000 $356,071
2019 $10,291 $968,122 $656,600 $311,522
2018 $9,899 $978,352 $661,640 $316,712
2017 $8,676 $828,982 $0 $0
2016 $8,827 $794,992 $0 $0
2015 $8,678 $796,270 $0 $0
2014 $9,515 $871,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606773

Florida Keys Board of REALTORS®

APN: 00407420-000000

Your Personal Tour Guide

Ask me questions while you tour the home.