NOT LISTED FOR SALE

100 Palo de Oro Dr Islamorada, FL 33036

Estimated Value: $2,561,900 - $3,300,000

4 Beds
4 Baths
2,510 Sq Ft
$1,175/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $1,545,000 $616 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $17,623/month

56 Days on Market

Highlights

  • Boat Lift
  • In Ground Pool
  • Home fronts a canal
  • Plantation Key School Rated A-
  • Gulf View
  • 1-minute walk to Founders Park

About This Home

As of November 2019

This is the Florida Keys Dream Home you have been waiting for! Serious boaters will love the ideal location - just off Snake Creek with quick, easy bay AND ocean access. Wide, sparkling clean canal and 16,000# elevator lift. Foyer with interior stairs provides flexibility in the way you use the home. Foyer leads to HUGE one-bedroom guest suite with entry to canal and pool, or use the interior stairs to enter the open concept living area. Views are over the canal and pool - and even a peek of the bay! Main level holds two more bedrooms and two baths. The 3rd floor is a huge master suite with cathedral ceilings, deck and bay views. Gorgeous 15' x 30' pool is shady in the afternoon and surrounded by easy to maintain landscaping. Lots of storage! Great layout for rentals or large families!

Last Listed By

Christy Hughes

Coldwell Banker Schmitt Islamorada License #3265558 Listed on: 07/26/2019

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,724

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 8,800 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,510 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Awning
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Utility Room
  • Tile Flooring

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Covered Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Davits
  • Boat Lift
  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Venetian Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00407390-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,724

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 70
  • Fee Includes: None
  • Key Island: Plantation Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8724.00
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1988
  • Alternate Key Number: 1499587
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 8800.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Screened Patio, Patio, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2510.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Pantry, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Freezer, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Doors, Impact Rstnce Window, Awning Windows
  • Total Bedrooms: 4
  • Sq Ft Remarks: buyer to verify

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00407390-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Morrison Charles E and Morrison Kimberly A
Bought by
Charles E Morrison E and Charles Kimberly A
Total Days on Market
56
Current Estimated Value
$2,948,475

Purchase Details

Listed on
Jul 26, 2019
Closed on
Nov 13, 2019
Sold by
Grande Federico and Grande Nicole Ann
Bought by
Morrison Charles E and Morrison Kimberly A
Seller's Agent
Christy Hughes
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Loretta Lawrence
Island Equity Real Estate
List Price
$1,600,000
Sold Price
$1,545,000
Premium/Discount to List
-$55,000
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Aug 7, 2019
Sold by
Grande Fderico and Grande Nicole Ann
Bought by
Grande Federico and Grande Nicole Ann

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 12, 2016
Sold by
Reali Dominic and Reali Linda
Bought by
Grande Federico and Grande Nicole Ann
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$1,649,000
Sold Price
$1,500,000
Premium/Discount to List
-$149,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,125,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Garbrecht Alan G and Garbrecht Debra M
Bought by
Reali Dominic and Reali Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2004
Sold by
Palo De Oro Drive Llc
Bought by
Garbrecht Alan G and Garbrecht Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
2.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 1998
Sold by
Mortensen Louise S and Mortensen P
Bought by
Corces Arthur and Corces Virgilia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1989
Bought by
Grande Federico and Grande Nicole Ann

Purchase Details

Closed on
Jun 1, 1987
Bought by
Grande Federico and Grande Nicole Ann

Purchase Details

Closed on
Feb 1, 1979
Bought by
Grande Federico and Grande Nicole Ann

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Charles E Morrison E -- None Listed On Document
Morrison Charles E $1,545,000 Dba Florida Title Of Keys
Grande Federico -- Accommodation
Grande Federico $1,500,000 Coral Reef Title Company
Reali Dominic $1,000,000 Coastal Title & Closing Serv
Garbrecht Alan G $735,000 Coral Reef Title Company
Corces Arthur $360,000 --
Grande Federico $279,000 --
Grande Federico $38,000 --
Grande Federico $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Kimberly A $100,000
Previous Owner Grande Federico $1,125,000
Previous Owner Reali Dominic $800,000
Previous Owner Garbrecht Alan G $250,000
Previous Owner Garbrecht Alan G $435,000
Previous Owner Corces Arthur $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $1,545,000 -3.4% $616 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $1,600,000 +6.7% $637 / Sq Ft
02/12/2016 02/12/16 Sold $1,500,000 -9.0% $598 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $1,649,000 -- $657 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2024 $13,995 $1,976,267 $1,240,272 $735,995
2023 $13,995 $1,855,376 $1,140,744 $714,632
2022 $12,329 $1,489,765 $763,686 $726,079
2021 $10,905 $1,082,741 $444,048 $638,693
2020 $11,530 $1,142,711 $497,640 $645,071
2019 $9,887 $959,334 $497,640 $461,694
2018 $9,182 $934,252 $484,242 $450,010
2017 $7,998 $785,053 $0 $0
2016 $8,022 $741,339 $0 $0
2015 $8,164 $770,467 $0 $0
2014 $8,779 $824,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Keys Board of REALTORS®

MLS Number: 586667

Florida Keys Board of REALTORS®

APN: 00407390-000000