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#614916, Shane Murray Wilson, Listing Office: Cypress Realty, Inc.
$2,950,000 List price
124 Palermo Dr Islamorada, FL 33036
4 beds
3 full
2,229 sqft
0.2 acres
$1,323 / sqft
House
Property details
About 124 Palermo Dr
OPEN HOUSE THURS May 8th 12:00pm to 2:00pmWelcome to your turn-key dream waterfront retreat! Perfectly situated with easy access to both the bayside and oceanside, this stunning and fully furnished 4-bedroom, 3-bath concrete home offers the ultimate Florida Keys lifestyle. A freshly painted 12.5' x 70' dock provides ample space for your boats, making this a true boater's paradise. Updated and furnished in 2024 with a new stucco finish and full exterior paint, this home blends durability with modern style. The interior features a beautifully renovated kitchen and baths, along with impact windows and doors. Brand new roll-down and accordion shutters - on top of impact windows and doors - provide additional peace of mind. Relax year-round in the newly added pool with spa - both heated and chilled. Entertain in style under the shaded summer kitchen and BBQ area. Enjoy the ease of low-maintenance artificial turf and a huge air-conditioned tackle shed, ideal for gear storage or hobby space. The versatile floor plan offers three bedrooms and two baths on the upper level, with a separate lower level featuring an additional permitted bathroom plus flexible space perfect for guests or extended family.This is island living at its finest! Move-in ready, impeccably maintained, and built for both relaxation and recreation.
Highlights
Home typeSingle Family Residence
StatusActive
Size2,229 sqft
Lot size0.16 Acres
Year built1973
MLS #614934
WaterfrontCanal
ViewCanal
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Oven, Refrigerator, Washer
- Flooring Type: Laminate
- Total Bedroom Count: 4
- Private Pool: Yes
- Waterfront: Canal
- View: Canal
- Architectural Style: Single Family
- List Price: $2,950,000
- Price/SqFt: $1,323
- HOA Amount: $13
- HOA Frequency: Annually
- Annual Tax Amount: $7,123
- Tax Year: 2023
- Lot: Waterfront
- Year Built: 1973
- Living Area: 2,229 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 614934
- MLS Name: KeyWest
- Office Name: Coldwell Banker Schmitt Islamorada
- Office Phone: (305) 664-4470
- Listing Agent: Christy Hughes
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 7:15:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,950,000
124 Palermo Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 19, 2023 | Home Sold | $2,050,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $774,160 | $7,123 |
| 2022 | $751,612 | $7,025 |
| 2021 | $729,721 | $7,025 |
| 2020 | $719,646 | $6,471 |
| 2018 | $636,207 | $6,302 |
| 2017 | $623,122 | $6,041 |
History based on county public records data.
Nearby schools
9
Ocean Studies Charter
Public Charter KG-5
6.1 mi
•92295 Old Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $90,278. Most Islamorada, FL residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
23%
35k-100k
38%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
44%
Single, No Kids
5%
Single, with Kids
37%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
49%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
NASCAR
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Dollar General
Where do the neighbors go to eat?
Panera
Bob Evans
Cracker Barrel
What do the neighbors drive?
Infiniti
Lincoln
Lexus
What do the neighbors listen to?
Adult Hits
News/Talk/Information
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 124 Palermo Dr
The listing price of 124 Palermo Dr property is $2,950,000.
The property 124 Palermo Dr is a house located in Islamorada, Florida, 33036.
Active Listing: 124 Palermo Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 124 Palermo Dr are: Ocean Studies Charter (GreatSchools Rating 9/10), Treasure Village Montessori Charter School (GreatSchools Rating 10/10), Plantation Key School (GreatSchools Rating 8/10), Key Largo School (GreatSchools Rating 6/10), Coral Shores High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $7,123 (source: MLS/based on county public records data).
The last sale was on April 19, 2023 for $2,050,000 (source: MLS/tax record).
The property at 124 Palermo Dr has 4 bedrooms and 3 bathrooms.
The property 124 Palermo Dr is 2,229 SqFt (source: MLS/tax record).
The year of construction for 124 Palermo Dr is 1973.
This home is located at 124 Palermo Dr in Islamorada, FL and zip code 33036. This 2,229 square foot home, which was built in 1973, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $2,950,000.
Islamorada, FL housing market in April 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 11 sold below. The inventory of homes for sale in Islamorada, FL between March and April 2025 increased by 6.4%. The median list price of listings available in April 2025 was $1,100,000, while the average time on the real estate market was 99 days.
From Rocket Homes Real Estate and based on county public records data.