NOT LISTED FOR SALE

136 Palermo Dr Islamorada, FL 33036

Estimated Value: $1,557,000 - $1,932,000

2 Beds
2 Baths
1,008 Sq Ft
$1,676/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $1,455,000 $1,443 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,206/month

10 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Wood Flooring
  • Plantation Key School Rated A-
  • Cathedral Ceiling
  • 1-minute walk to Founders Park

About This Home

As of June 2022

''Casa de Keysme'' is looking for new people to love! Experience quintessential Florida Keys waterfront living located in the most prestigious community in Islamorada - Venetian Shores! 100 yards down our canal turn left for DIRECT OCEAN ACCESS! Our home includes a completely fenced in yard with beautiful, mature landscaping. The cozy two bedroom/two bath cedar plank home features dramatic tiger stripe bamboo flooring, vaulted beam ceilings, open living/dining/kitchen floor plan, updated kitchen with granite counters, Kraft Maid all wood cabinetry, pantry and walk-in laundry room upstairs. Relax and enjoy the view from the spacious covered veranda overlooking our 80' wide canal or chill and fish under the dockside Tiki Hut.

Last Agent to Sell the Property

Randal Longo

Keys Realty Redefined LLC License #3441701 Listed on: 05/10/2022

Keys Realty Redefined LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,852

Year Built

  • Built in 1982

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with wood
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Water Purifier
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Venetian Shores Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00406130-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,852

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: Yes
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 1
  • Fee Includes: None
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5851.92
  • Year Built: 1982
  • Alternate Key Number: 1498351
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 7000.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1008.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Smoke Alarms, Storage, Granite Counter Top, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Water Purification, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Oven, Freezer, Ice Machine, Dryer, Disposal
  • Floor: Laminate, Wood
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut, Storage, Sprinkler System, Privacy Wall/Fence, Lighting, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Propane, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00406130-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 2, 2022
Sold by
Bostwick Mark A and Bostwick Melanie
Bought by
Florida Power Investments Inc
Seller's Agent
Randal Longo
Keys Realty Redefined LLC
Buyer's Agent
Creative Technology
List Price
$1,225,000
Sold Price
$1,455,000
Premium/Discount to List
$230,000
18.78%
Current Estimated Value
$1,689,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,126
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
May 20, 2014
Sold by
Rishell Paul W and Rishell Agnes H
Bought by
Bostwick Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 2001
Sold by
William M Machovina M and Christine J Machovina M
Bought by
Rishell Paul W and Rishell Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1980
Bought by
Bostwick Mark A
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
Florida Power Investments Inc $1,455,000 New Title Company Name
Bostwick Mark A $615,000 Coral Reef Title Company
Rishell Paul W $342,000 --
Bostwick Mark A $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florida Power Investments Inc $1,240,000
Closed Florida Power Investments Inc $600,000
Previous Owner Bostwick Mark A $550,000
Previous Owner Rishell Paul W $273,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $1,455,000 +18.8% $1,443 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $1,225,000 -- $1,215 / 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 $12,892 $1,370,488 $1,134,000 $236,488
2023 $12,892 $1,306,107 $1,113,000 $193,107
2022 $5,805 $562,186 $0 $0
2021 $5,852 $545,812 $0 $0
2020 $5,802 $538,277 $0 $0
2019 $5,722 $520,411 $0 $0
2018 $5,581 $510,708 $0 $0
2017 $5,370 $500,204 $0 $0
2016 $5,539 $489,916 $0 $0
2015 $5,921 $536,910 $0 $0
2014 $6,294 $594,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600939

Florida Keys Board of REALTORS®

APN: 00406130-000000