NOT LISTED FOR SALE

122 Palo de Oro Dr Islamorada, FL 33036

Estimated Value: $2,100,341 - $2,431,000

3 Beds
3 Baths
2,254 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $1,300,000 $577 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $13,591/month

346 Days on Market

Highlights

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

About This Home

As of November 2020

Premier Waterfront Neighborhood, Venetian Shores! Custom built, solid concrete construction home with newer metal roof, featuring 2254 sq. ft. of living area, offering 3 bedrooms, 3 baths, there are 2 bedrooms and 2 baths on the upper level plus a separate entry very spacious guest quarters on the lower level with large living room area, spacious bedroom, full bathroom, kitchenette, separate A/C with sliding doors that lead to the inviting patio and dock. Upper level features a beautiful custom cabinetry kitchen high end stainless appliances & solid granite counters. Master suite boasts water views, beautiful marble shower, & dual custom closets. Other features include new hurricane impact windows and sliding doors (upper level) recessed lighting, travertine tile, crown moldings

Last Agent to Sell the Property

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883 Listed on: 10/11/2019

Coldwell Banker Schmitt Islamorada

Co-Listed By

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666

Last Buyer's Agent

Janice Nagel

Realty One Group Engage the Keys License #3345031

Realty One Group Engage the Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,254 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

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

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00407440-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,676

Year Built

Built in 1988

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: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6676.42
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 1499633
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2254.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms, Walk-in Closet(s), Storage, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davit Pads, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fruit Tree(s), Storage
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00407440-000000
  • Lot Size: 70 X 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 9, 2020
Sold by
Silverman Gene and Gene Silverman Revocable Trust
Bought by
Edr 122 Llc
Seller's Agent
Jan Keller
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Janice Nagel
Realty One Group Engage the Keys
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Current Estimated Value
$2,298,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,585
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Silverman Morton and Silverman Gene
Bought by
Silverman Gene

Purchase Details

Closed on
Mar 4, 1998
Sold by
Bradley Bruce R
Bought by
Silverman Morton and Silverman Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1996
Sold by
Llopiz Antonio J and Llopiz Marta
Bought by
Bradley Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1969
Bought by
Silverman Gene Revocable Trust Agreement 4/9/
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
Edr 122 Llc $1,300,000 Attorney
Silverman Gene -- Attorney
Silverman Morton $385,000 --
Bradley Bruce R $380,000 --
Silverman Gene Revocable Trust Agreement 4/9/ $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley Bruce R $200,000
Previous Owner Bradley Bruce R $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,300,000 -7.1% $577 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $1,400,000 -3.4% $621 / Sq Ft
12/27/2019 12/27/19 Price Changed $1,449,000 -3.3% $643 / Sq Ft
10/11/2019 10/11/19 For Sale $1,499,000 -- $665 / 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 $13,798 $1,765,924 $1,134,000 $631,924
2023 $13,798 $1,727,828 $1,113,000 $614,828
2022 $12,082 $1,338,447 $735,000 $603,447
2021 $10,979 $1,037,252 $490,000 $547,252
2020 $7,861 $751,406 $0 $0
2019 $7,833 $734,513 $0 $0
2018 $7,646 $720,818 $0 $0
2017 $7,351 $705,993 $0 $0
2016 $7,600 $691,473 $0 $0
2015 $7,423 $686,666 $0 $0
2014 $7,421 $681,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587720

Florida Keys Board of REALTORS®

APN: 00407440-000000