$5,600,000
SOLD MAY 9, 2025

400 Palm Dr Islamorada, FL 33036

6 Beds
7.5 Baths
4,700 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$1,191 Per Sq Ft

12% Below List Price

86 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Concrete Pool
  • Plantation Key School Rated A-
  • Boat Lift
  • Home fronts a canal

About This Home

As of May 2025

Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design.
The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features.
Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet.
Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station.
Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.

Last Agent to Sell the Property

Dominic Rivera

Pine River Realty, LLC. License #3268755 Listed on: 01/26/2025

Co-Listed By

Alexander Pinero

Pine River Realty, LLC. License #3406311

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,752

Year Built

  • Built in 1989

Lot Details

  • 10,000 Sq Ft Lot
  • 100 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned IS-M

Parking

  • 1 Car Garage
  • Driveway
  • Guest Parking
  • Open Parking
  • Golf Cart Parking

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,700 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Storage Room
  • Marble Flooring
  • Canal Views

Kitchen

  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Safety Harbor Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00391340-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,752

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: PNRV01
  • Co List Office Phone: 786-556-3434
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Lift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SAFETY HARBOR SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Bar, Built-in Features, Closet Cabinetry, Elevator, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Family Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 4700
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Metal Roof
  • View: Canal, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: Concrete
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SAFETY HARBOR SEC 1
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 00391340-000000
  • Lot Size Sq Ft: 10000
  • Zoning: IS-M
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2025
Closed on
May 9, 2025
Sold by
Martinez Lazaro Rolando and Martinez Marialina
Bought by
Mykonosvilla Llc
Seller's Agent
Dominic Rivera
Pine River Realty, LLC.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$6,350,000
Sold Price
$5,600,000
Premium/Discount to List
-$750,000
-11.81%
Views
70
Current Estimated Value
$5,414,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,414
Avg. Annual Appreciation
-4.97%

Purchase Details

Closed on
Dec 1, 2021
Sold by
Raymond James Trust N A
Bought by
Haase Steven K and Article Viii Of The Trust

Purchase Details

Closed on
Oct 27, 2021
Sold by
Raymond James Trust Na
Bought by
Raymond James Trust Na

Purchase Details

Closed on
Aug 4, 2016
Bought by
Haase Patricia A Trust 8/23/2011

Purchase Details

Closed on
Aug 23, 2011
Sold by
Haase Patricia A
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Dec 10, 2010
Sold by
Haase Patricia and Haase Patricia A
Bought by
Haase Patricia A

Purchase Details

Closed on
Dec 1, 1980
Bought by
Haase Patricia A Trust 8/23/2011

Purchase Details

Closed on
Feb 1, 1973
Bought by
Haase Patricia A Trust 8/23/2011
Source: Public Records
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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 $5,600,000 Coral Reef Title
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed -- --
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $36,000 --
Deed $12,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $5,600,000 -11.8% $1,191 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $6,350,000 -- $1,351 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $20,155 $3,159,140 $1,566,720 $1,592,420
2024 $19,835 $2,184,221 $1,566,720 $617,501
2023 $19,835 $2,099,116 $1,530,000 $569,116
2022 $12,980 $1,525,457 $948,600 $576,857
2021 $11,568 $1,125,132 $605,880 $519,252
2020 $4,467 $427,152 $0 $0
2019 $4,447 $417,549 $0 $0
2018 $4,328 $409,764 $0 $0
2017 $4,158 $401,336 $0 $0
2016 $4,287 $393,082 $0 $0
2015 $4,190 $390,350 $0 $0
2014 $4,175 $387,252 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11732152

MIAMI REALTORS® MLS

APN: 00391340-000000