NOT LISTED FOR SALE

118 Palermo Dr Islamorada, FL 33036

Estimated Value: $1,710,000 - $2,279,000

2 Beds
2.5 Baths
1,620 Sq Ft
$1,195/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $905,000 $559 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $11,470/month

117 Days on Market

Highlights

  • Dock made with concrete
  • Boat Lift
  • Granite Countertops
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of March 2018

PRESTIGIOUS VENETIAN SHORES HAS A BEAUTIFUL ALL CONCRETE HOME AVAILABLE! Spacious turn-key home with 2bd/1.5ba up, 1bd/1ba down(legal bath), impact windows and doors, granite kitchen, large screened porch to enjoy the waterviews, huge backyard, plenty of room for pool, garage for all the toys and 70' of concrete dockage with large boat lift offering immediate ocean and bay access.

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 09/30/2017

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 1979

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Open Parking

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Screened Balcony
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Association fees include common area mnt
  • Venetian Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00406030-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,273

Year Built

Built in 1979

Lot Details

0

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
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 86.00
  • 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: 7273.08
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Covered Parking, Open Parking, Attached, Carport
  • Year Built: 1979
  • Alternate Key Number: 1498254
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1620.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Split Bedroom, Wet Bar
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Gazebo
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00406030-000000
  • Lot Size: 70x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Roca Armando and Roca Idalmis J
Bought by
Hexies Home Llc
Current Estimated Value
$1,935,665

Purchase Details

Listed on
Sep 30, 2017
Closed on
Feb 26, 2018
Sold by
Houser John J and Houser Lisa M
Bought by
Roca Armando and Roca Idalmis J
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$945,000
Sold Price
$905,000
Premium/Discount to List
-$40,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$305,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2013
Sold by
Lewis Thomas Jeffrey
Bought by
Houser John J and Houser Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,650
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 1998
Sold by
Jay And Haydee Kapin
Bought by
Lewis Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 1996
Sold by
Jay Kapin Tr
Bought by
Kapin Jay and Kapin Haydee

Purchase Details

Closed on
Feb 1, 1994
Bought by
Houser John J and Houser Lisa M
Source: Public Records

Range of Values:

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Average Value
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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
Hexies Home Llc -- None Listed On Document
Roca Armando $905,000 Hil Acquisition Title Co Llc
Houser John J $712,700 Attorney
Lewis Thomas J $315,000 --
Kapin Jay $100 --
Kapin Jay $100 --
Houser John J $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roca Armando $305,000
Previous Owner Houser John J $622,650
Previous Owner Kapin Jay $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $905,000 -4.2% $559 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
09/30/2017 09/30/17 For Sale $945,000 -- $583 / 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 $10,937 $1,441,975 $1,134,000 $307,975
2023 $10,937 $1,414,245 $1,113,000 $301,245
2022 $9,418 $1,040,602 $735,000 $305,602
2021 $8,468 $776,268 $490,000 $286,268
2020 $8,520 $778,218 $490,000 $288,218
2019 $8,523 $762,950 $490,000 $272,950
2018 $8,235 $771,454 $486,500 $284,954
2017 $7,276 $656,937 $0 $0
2016 $7,273 $618,012 $0 $0
2015 $6,813 $584,749 $0 $0
2014 $7,424 $640,402 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Frins

    Seller's Agent in 2018

    Lisa Frins

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 522-1479

    125 in this area

    323 Total Sales

    Lisa Frins
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576945

Florida Keys Board of REALTORS®

APN: 00406030-000000

Florida Monroe County Islamorada 33036

118 Palermo Dr, Islamorada, FL

This home is located at 118 Palermo Dr, Islamorada, FL 33036 since 30 September 2017 and is currently estimated at $1,935,665, approximately $1,194 per square foot. This property was built in 1979. 118 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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