NOT LISTED FOR SALE

149 Palermo Dr Islamorada, FL 33036

Estimated Value: $1,252,000 - $1,898,000

3 Beds
3 Baths
1,632 Sq Ft
$917/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

Last sale price $1,200,000 $735 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,883 / mo

87 Days on Market

Highlights

  • Boat Lift
  • Concrete Pool
  • No HOA
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of April 2023

PRICE REDUCED!!! Prestigious Venetian Shores. Wide canals, deep water, minutes to the Ocean and Florida Bay. Check out this half duplex, solid concrete, bottom to top including a concrete roof, new impact windows and doors. This structure is solid and will give you a savings on your insurance. This home has been remodeled and upgraded and shows beautifully. There is a total of 3 bedrooms, 3 baths. There are 2 bedrooms and 2 baths up and great Rec room down with a full bath. The downstairs was recently remodeled. Walk out the impact sliders and you can take a dip and lounge in your brand new heated/chilled pool. Want to head out in the boat, take a few more steps and you are on your new dock with water, power, fish cleaning station and a new 14,000 pound boat lift. You can be in the Atlantic ocean fishing, diving in minutes or be in the Florida Bay cruising in minutes, you have got the best of both worlds. After returning home, rinse off in the solar shower and hop in your pool. Have guests, no worries, they can shower up and get ready for a great evening sunset boat ride, while you and your family head upstairs to the updated, 2 bedroom 2 bath, plenty of room for everyone. Looking for more room, there is a private courtyard area just on the inside of the new aluminum sliding gates, which offers a sitting area to relax, read a book or play a game of ping pong. This area also offers a storage room and laundry room. New A/C system 2019. Maintenance free artificial turf yard. This property has been extremely well maintained and cared for.This property is located in the middle of anything you could need, walk to Founders Park and enjoy the beach, playground, walking trails, training circuit, etc. Shopping, dining, marinas are all within minutes. Come check this property out, you will NOT be disappointed. Come get your own piece of paradise!!!!!!

Last Agent to Sell the Property

Shane Wilson

Cypress Realty, Inc. License #585039 Listed on: 01/08/2023

Last Buyer's Agent

Shane Wilson

Real Living Cypress Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,518

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 3,500 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,632 Sq Ft Home
  • Tile Flooring
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00405900-000000

Community Details

Overview

  • No Home Owners Association
  • Venetian Shores Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,518

Year Built

Built in 1984 | Remodeled

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5518.31
  • Year Built: 1984
  • Alternate Key Number: 1498157
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3500.00
  • Pool Info: In Ground, Concrete
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1632.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Upstairs is approx. 1,152 square feet Downstairs is approx. 480 square feet

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Storage
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00405900-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2022

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

Listed on
Jan 8, 2023
Closed on
Apr 28, 2023
Sold by
Bought by
Seller's Agent
Shane Wilson
Cypress Realty, Inc.
Buyer's Agent
Shane Wilson
Real Living Cypress Realty, Inc.
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
Views
102
Current Estimated Value
$1,497,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,337
Avg. Annual Appreciation
7.28%
Original Mortgage
$775,000
Outstanding Balance
$746,813
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$750,524

Purchase Details

Closed on
May 9, 2013
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
$430,500
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Mar 12, 2004
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$1,200,000 Coral Reef Title
$435,000 Florida Title Of The Keys
$436,000 --
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 $775,000
Previous Owner $430,500
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 Prior Sale
04/28/2023 04/28/23 Sold $1,200,000 -7.7% $735 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $1,299,999 -3.6% $797 / Sq Ft
01/08/2023 01/08/23 For Sale $1,349,000 +107.5% $827 / Sq Ft
08/21/2020 08/21/20 Sold $650,000 -7.0% $451 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $699,000 -- $485 / 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 $10,118 $1,139,294 $764,750 $374,544
2024 $5,617 $1,023,928 $652,050 $371,878
2023 $5,617 $546,851 $0 $0
2022 $5,518 $530,924 $0 $0
2021 $5,298 $488,243 $281,750 $206,493
2020 $1,000 $369,063 $0 $0
2019 $1,000 $360,766 $0 $0
2018 $970 $354,040 $0 $0
2017 $952 $346,759 $0 $0
2016 $952 $346,759 $0 $0
2015 $1,852 $333,559 $0 $0
2014 $1,796 $358,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 603679

Florida Keys Board of REALTORS®

APN: 00405900-000000

Your Personal Tour Guide

Ask me questions while you tour the home.