$445,000
SOLD MAY 8, 2015

130 Palermo Dr Islamorada, FL 33036

2 Beds
1 Bath
929 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$479 Per Sq Ft

20% Below List Price

113 Days on Market

About This Home

As of August 2024

GREAT DOCKAGE: Most affordable Open Water Access in Venetian Shores - 2 Bedroom, 1 Bath CBS, ground level home with concrete dock. Wide canal & plenty of space for your water toys.

Last Agent to Sell the Property

Joy Martin

Marr Properties, Inc. License #524075 Listed on: 11/19/2014

Last Buyer's Agent

Lorie LaLonde

American Caribbean Real Estate, Christie's International Real Estate License #3211570

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,668

Year Built

1963

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: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5140.67
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1963
  • Alternate Key Number: 1498335
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 929.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Storage
  • Roof: Shingle Roof
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00406110-000000
  • Lot Size: 70.0 ft x 100.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

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%
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

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Range of Values:

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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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565920

Florida Keys Board of REALTORS®

APN: 00406110-000000