NOT LISTED FOR SALE

126 Palermo Dr Islamorada, FL 33036

Estimated Value: $2,169,000 - $3,481,000

2 Beds
2 Baths
2,478 Sq Ft
$1,138/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2013

Last sale price $615,000 $248 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $16,774 / mo

325 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Granite Countertops
  • Plantation Key School Rated A-
  • Maid or Guest Quarters
  • 1-minute walk to Founders Park

About This Home

As of September 2013

VENETIAN SHORES WATERFRONT! This all concrete home offers 2 bedrooms & 2 bathrooms upstairs featuring high ceilings, a beautifully updated kitchen with granite, stainless steel appliances & gas stove, 70 feet of dockage with direct bay and ocean access. Located in one of the most desirable neighborhoods in Islamorada. Seller is motivated.

Last Agent to Sell the Property

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 10/01/2012

Coldwell Banker Schmitt Islamorada

Co-Listed By

Jan Keller

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 10/01/2012

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1981

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 2,478 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Canal Views
  • Complete Accordion Shutters

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with concrete
  • Screened Balcony
  • Shed

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Septic Tank
  • 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 00406070-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,822

Year Built

Built in 1981

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
  • Association Fee: 150.00
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt
  • 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
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4821.61
  • Title: Title Ins - Buyer
  • Year Built: 1981
  • Alternate Key Number: 1498297
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat, Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2478.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Upstairs is 1,326 sf.

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Shed, Storage
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 7
  • Parcel Number: 00406070-000000
  • Lot Size: 70 x 100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

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

Closed on
Oct 30, 2020
Sold by
Bought by
Current Estimated Value
$2,819,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$574,435
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,245,128

Purchase Details

Listed on
Oct 1, 2012
Closed on
Sep 30, 2013
Sold by
Bought by
Seller's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
List Price
$725,000
Sold Price
$615,000
Premium/Discount to List
-$110,000
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$461,250
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.7%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,339,000 Attorney
$615,000 Coral Reef Title Company
$245,000 --
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 $650,000
Previous Owner $461,250
Previous Owner $225,000
Previous Owner $100,000
Previous Owner $220,000
Previous Owner $145,000
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
09/30/2013 09/30/13 Sold $615,000 -15.2% $248 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $725,000 -- $293 / 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 $18,727 $2,164,390 $1,771,000 $393,390
2024 $18,988 $1,979,219 $1,589,000 $390,219
2023 $18,988 $2,268,738 $1,883,000 $385,738
2022 $16,580 $1,679,466 $1,284,500 $394,966
2021 $14,979 $1,245,214 $882,000 $363,214
2020 $11,121 $881,854 $0 $0
2019 $11,090 $862,028 $0 $0
2018 $10,816 $845,955 $0 $0
2017 $10,436 $828,556 $0 $0
2016 $10,733 $811,515 $0 $0
2015 $7,768 $498,271 $0 $0
2014 $8,159 $538,819 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlotte Porter

    Seller's Agent in 2013

    Charlotte Porter

    Coldwell Banker Schmitt Islamorada

    (305) 393-2749

    44 in this area

    56 Total Sales

    Charlotte Porter
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jan Keller

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 559097

Florida Keys Board of REALTORS®

APN: 00406070-000000

Florida Monroe County Islamorada 33036

126 Palermo Dr, Islamorada, FL

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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