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$1,950,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,190 Sq. Ft.
  • Updated 6 days ago
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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.

Full Property Details for 161 Palermo Dr

General

  • Price: $1,950,000
  • Taxes: $12,629 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12098342
  • Updated: 9/30/2026
  • Added to Site: 19 day(s) ago

Interior

  • Interior Features: Second Floor Entry, Utility Room/Laundry
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Other, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: Primary Bedroom Upstairs

Other Rooms

  • Living Room: Utility Room/Laundry Sq. Ft.
  • Laundry: Utility Room/Laundry

Additional Information

  • Equipment: Elevator

Exterior

  • Exterior Features: Screened Balcony
  • Deck/Patio: Screened Porch

Parking

  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Additional Spaces Available, Covered, Other, Rv/Boat Parking

Location

  • Area: Venetian Shores No 1
  • County: Monroe County
  • Subdivision: VENETIAN SHORES NO 1
  • Building Name: VENETIAN SHORES NO 1
  • Direction Faces: West

Community

  • Community Name: Venetian Shores No 1
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Other

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, Two Story
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Concrete
  • Doors: High Impact Doors
  • Building Size: 3195
  • Square Feet: 1,190
  • Living Area: 1,190 Sq. Ft.
  • Year Built: 1981

Additional Structures

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

Lot Features

  • Property View: Canal
  • Lot Size (Sq. Ft.): 7,260
  • Frontage Feet: 75
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: is

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: WF/Ocean Access, Canal Front

Financial Considerations

  • Price Per Sq. Ft.: $1,638.66
  • Tax Amount: $12,629
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: BK 3 LTS 29 - 30 VENETIAN SHORES PLAT NO 1 AMENDED AND EXTENDED PB3-157 PLANTATION KEY OR330-39 OR768-309 OR909-1621 OR1331-2026 OR1331-2027
  • Restrictions: Ok To Lease With Res
  • Inclusions: Private Dock
  • Property ID: 00405950-000000

Listed by Engel & Völkers Islamorada

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Listing agent

— 161 Palermo Dr —

  • Engel & Völkers Islamorada

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 161 Palermo Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Plantation Key School
100 Lake Road, Tavernier, FL 33070
PK-83.8 mi
Coral Shores High School
89901 Old Highway, Tavernier, FL 33070
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 161 Palermo Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$1,950,000
186.76%
MLS
11/19/2014
Sold
$680,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 161 Palermo Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,629
11%
$1,582,691
13%
2024
$11,382
4%
$1,397,779
4%
2023
$10,895
28%
$1,343,468
84%
2021
$8,494
-10%
$728,239
-26%
2022
$9,446
11%
$984,766
34%
2021
$8,494
3%
$733,768
6%
2019
$8,284
6%
$689,260
9%
2018
$7,804
13%
$631,400
10%
2017
$6,918
-1%
$574,000
5%
2016
$6,958
-5%
$544,152
-8%
2015
$7,287
-10%
$588,368
-12%
2014
$8,088
6%
$665,495
10%
2013
$7,618
—
$603,809
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Engel & Völkers Islamorada

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161 Palermo Dr, Islamorada, FL 33036 (MLS# A12098342) is a Single Family property with 3 bedrooms and 2 full bathrooms. 161 Palermo Dr is currently listed for $1,950,000 and was received on September 18, 2026. Want to learn more about 161 Palermo Dr? Do you have questions about finding other Single Family real estate for sale in Islamorada? You can browse all Islamorada real estate or contact a Coldwell Banker agent to request more information.

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