Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

161 Palermo Dr, Islamorada FL 33036

House For Sale
$1,950,000

BTC: 22.88732394

ETH: 735.84905660

1 days
Waterfront
3 bds
2 ba
1,190 sqft

Overview

Perfect fishing retreat/home. A boater's and angler's paradise in Venetian Shores! This 3-bedroom, 2-bath home at 161 Palermo Drive offers deep water and immediate access to the bay and ocean. Enjoy an open floor plan and screened porch, plus concrete construction, a concrete roof, impact windows & doors. A lift makes carrying heavy items upstairs easier. A spacious downstairs rec room with storage, covered parking, and a separate A/C shed for your fishing gear make it easy to enjoy life on the water.

Location

Details

Type:
Residential
Parking:
Additional Spaces Available / Covered / Other / Rv/Boat Parking
Year Built:
1981
Lot:
7260 Square Feet
Heating:
Central / Other
Price/sqft:
$1,639
Cooling:
Ceiling Fan(s) / Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$895,000
$489K – $1.4M
Confidence Low
List vs. estimate
$1.1M above estimate
List $1,950,000 · +117.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,638
+4.4% vs. city median $1,569
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,629
2025
View
Canal
Waterfront
WF/Ocean Access, Canal Front
All facts and features
  • Flooring

    • Other

    • Tile

    Heating

    • Central

    • Other

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Second Floor Entry

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Additional Spaces Available

    • Covered

    • Other

    • Rv/Boat Parking

    Property

    • Exterior Features: Screened Balcony

    Lot

    • Lot: 7260 Square Feet

    Other Property Information

    • Parcel Number: 00405950-000000

    • Zoning: is

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $12,629

  • Source details

    • MLS ID: A12098342

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Screened Porch

    • Direction Faces: West

    • Other Structures: Extra Building/Shed / Shed(s)

    • Architectural Style: Detached / Two Story

    • Waterfront: Yes

    • Living Area: 1190

    • Water Source: Municipal Water

    • Subdivision Name: VENETIAN SHORES NO 1

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$2,100,000
Commercial
0 room(s)
Islamorada
82891 Overseas Highway, Islamorada FL 33036
For Sale
$2,100,000
House
3 bds · 3 ba · 2,036 sqft
OCEAN VIEW, Islamorada
82891 Overseas Highway, Islamorada FL 33036

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Engel & Völkers Islamorada