$1,350,000
SOLD AUG 29, 2024

130 Palermo Dr Islamorada, FL 33036

0.16 Acre
-- Price per Acre
7,000 Sq Ft Lot

Recently Sold

$1,453 Per Sq Ft

10% Below List Price

86 Days on Market

Highlights

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

About This Lot

As of August 2024

A rare opportunity to purchase one of the LAST remaining vacant lots with a BUILDING RIGHT in VENETIAN SHORES! This is a project ready to go...plans are included to build a 4 bedroom 4 bathroom home. The 70' dock features 2 boat lifts, 2 50amp hook-ups at the dock, fish cleaning station, and underwater lights for observing the local fish. This lot offer quick access to the Atlantic Ocean or the Florida Bay and is ideal for larger boats. The lot is scarified and fenced.

Last Agent to Sell the Property

Lorie LaLonde

American Caribbean Real Estate, Christie's International Real Estate License #3211570 Listed on: 05/06/2024

Last Buyer's Agent

Shelby Morris

American Caribbean Real Estate, Christie's International Real Estate License #3450732

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,668

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 70' x 100
  • Home fronts a canal
  • Fenced
  • Cleared Lot
  • Property is zoned R1 - Residential Single Family

Additional Features

  • Canal Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00406110-000000

Community Details

Overview

  • Voluntary home owners association
  • Venetian Shores Subdivision

Recreation

  • Boat Lift
  • Dock made with concrete

Property Details

Property Type

Land

Est. Annual Taxes

$7,668

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7668.10
  • Alternate Key Number: 1498335
  • Lot Sq Ft: 7000.00
  • Species List: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Existing Utilities: Electric on Site, Water Meter, Water Line
  • Location Site: Fenced, Cleared Site
  • Lot Dimensions: 70' x 100
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Miscellaneous Info Rogo W Letter: Yes
  • R O G O Exempt: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00406110-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Aug 29, 2024
Sold by
130 Palermo Llc
Bought by
Naka Key Llc
Seller's Agent
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Shelby Morris
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Total Days on Market
86
Views
22
Current Estimated Value
$1,352,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,410
Avg. Annual Appreciation
2.10%

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 22, 2020
Sold by
Dos Amigos Holdings Llc
Bought by
Tbp Funding Llc
Seller's Agent
Strain-Pabotoy T Coldwell Banker Schmitt
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Creative Technology
List Price
$695,000
Sold Price
$696,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 19, 2014
Closed on
May 8, 2015
Sold by
Lewis Susan K
Bought by
Dos Amigos Holdings Llc
Seller's Agent
Joy Martin
Marr Properties, Inc.
Buyer's Agent
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
List Price
$559,000
Sold Price
$445,000
Premium/Discount to List
-$114,000
-20.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Nov 1, 1991
Bought by
Dos Amigos Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,350,000 None Listed On Document
Warranty Deed $696,000 South Florida Trust And Ttl
Warranty Deed $445,000 Attorney
Warranty Deed $158,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Future Advance Clause Open End Mortgage
Previous Owner $78,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $1,350,000 -3.5% $1,453 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,399,000 -6.7% $1,506 / Sq Ft
05/06/2024 05/06/24 For Sale $1,499,000 +115.4% $1,614 / Sq Ft
10/23/2020 10/23/20 Sold $696,000 +0.1% $749 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $695,000 +56.2% $748 / Sq Ft
05/08/2015 05/08/15 Sold $445,000 -20.4% $479 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $559,000 -- $602 / 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 $7,668 $1,017,331 $952,000 $65,331
2023 $7,668 $1,000,776 $932,750 $68,026
2022 $6,558 $727,975 $666,750 $61,225
2021 $6,244 $545,089 $490,000 $55,089
2020 $7,041 $625,201 $490,000 $135,201
2019 $6,699 $595,379 $490,000 $105,379
2018 $6,283 $585,551 $486,500 $99,051
2017 $5,479 $470,279 $0 $0
2016 $5,612 $455,634 $0 $0
2015 $5,993 $502,927 $0 $0
2014 -- $575,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lorie LaLonde

    Seller's Agent in 2024

    Lorie LaLonde

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 522-1837

    63 Total Sales

    Lorie LaLonde
    Section Image
  • Shelby Morris

    Buyer's Agent in 2024

    Shelby Morris

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 393-3686

    99 Total Sales

    Shelby Morris
    Section Image
  • Amy Bruggeman

    Buyer Co-Listing Agent in 2024

    Amy Bruggeman

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 619-0818

    60 Total Sales

    Amy Bruggeman
    Section Image

  • o

    Buyer's Agent in 2020

    outside of mls

    Outside Of MLS

  • Joy Martin

    Seller's Agent in 2015

    Joy Martin

    Marr Properties, Inc.

    (305) 394-7866

    151 Total Sales

    Joy Martin
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 609941

Florida Keys Board of REALTORS®

APN: 00406110-000000

Florida Monroe County Islamorada 33036

130 Palermo Dr, Islamorada, FL

This home is located at 130 Palermo Dr, Islamorada, FL 33036 and is currently priced at $1,350,000, approximately $1,453 per square foot. 130 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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