$2,200,000
$450K PRICE DROP

439 Palm Dr Islamorada, FL 33036

Estimated payment $13,032/month

Total Views 8,634
4 Beds
3 Baths
2,294 Sq Ft
$959 Price per Sq Ft

Highlights

  • Waterfront
  • Furnished
  • Shed
  • Plantation Key School Rated A-
  • Walk-In Closet

About This Home

VA Assumable!
Experience refined waterfront living in the Florida Keys, where luxury meets effortless access to world-class boating and fishing. This exceptional canal-front residence is thoughtfully designed for discerning buyers who value privacy, convenience, and a true connection to the water. A private dock with newly added 15,000 lb boat lift provides seamless access to open water, allowing you to leave your backyard and reach premier fishing grounds in minutes. A utility elevator lift enhances everyday comfort, making it easy to move gear, provisions, and luggage between levels with ease. Outdoor living is elevated for both entertaining and function. A custom storage shed equipped with an ice machine and two deep freezers caters perfectly to avid anglers and boating enthusiasts, offering an ideal setup for bait, ice, and fresh catch storage—an uncommon and highly desirable feature in the Keys. Inside, the home offers a bright, coastal interior that complements the surrounding water views, creating a calm and inviting retreat. Designed for both full-time living and elegant escapes, the residence balances relaxed island style with upscale practicality. Whether hosting sunset gatherings, heading offshore at first light, or enjoying quiet evenings by the water, this property delivers a lifestyle defined by ease, sophistication, and the unparalleled beauty of the Florida Keys. An exceptional opportunity for those seeking a premier waterfront home that supports both luxury living and an active boating lifestyle.

Listing Agent

Caroline Hendrix

Coldwell Banker Schmitt Islamorada License #3544880 Listed on: 12/24/2025

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • Property is zoned R1 - Residential Single Family

Interior Spaces

  • Walk-In Closet
  • Furnished

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with Composite Material
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 00391440-000000

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Dockage Dock: Composite
  • Year Built: 1983
  • Building Style Above Flood: Unknown
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3146
  • Co List Office Phone: 305-664-4470
  • Subdivision Name: Safety Harbor (74.0)
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-in Closet(s)
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer, Ice Machine
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Shed, Storage
  • Construction Type: CBS
  • Waterfront: Canal Front
  • Roof: Shingle Roof

Utilities

  • Cooling: Central Air
  • Utilities: Buyer to Verify

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00391440-000000
  • Lot Size Sq Ft: 11080.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16372.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $15,458 $1,717,362 $1,205,504 $511,858
2024 $15,450 $1,625,922 $1,205,504 $420,418
2023 $15,450 $1,587,917 $1,177,250 $410,667
2022 $11,437 $1,176,369 $729,895 $446,474
2021 $9,883 $926,848 $493,614 $433,234
2020 $9,095 $837,752 $493,614 $344,138
2019 $9,468 $858,779 $515,885 $342,894
2018 $9,080 $825,271 $468,684 $356,587
2017 $9,006 $836,594 $0 $0
2016 $9,086 $795,255 $0 $0
2015 $8,462 $749,118 $0 $0
2014 $8,406 $762,763 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Price Changed $2,200,000 -11.8% $959 / Sq Ft
02/27/2026 02/27/26 Price Changed $2,495,000 -5.8% $1,088 / Sq Ft
12/23/2025 12/23/25 For Sale $2,650,000 +118.1% $1,155 / Sq Ft
05/21/2021 05/21/21 Sold $1,215,000 -6.5% $530 / Sq Ft View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
06/05/2020 06/05/20 For Sale $1,300,000 -- $567 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 Type Sale Price Title Company
Warranty Deed $1,215,000 Attorney
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Warranty Deed $330,000 --
Warranty Deed $355,000 --
Quit Claim Deed -- --
Warranty Deed $300,000 --
Warranty Deed $350,000 --
Warranty Deed $48,500 --
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 Loan Amount Loan Type
Previous Owner $1,222,485 VA
Previous Owner $280,000 No Value Available
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 617822

Florida Keys Board of REALTORS®

APN: 00391440-000000

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