Skip to content
161 Palermo Drive, Islamorada, FL 33036
Active
12 Days on Market
Virtual Tour
1 / 30
161 Palermo Drive, Islamorada, FL 33036 photo 1161 Palermo Drive, Islamorada, FL 33036 photo 2161 Palermo Drive, Islamorada, FL 33036 photo 3161 Palermo Drive, Islamorada, FL 33036 photo 4161 Palermo Drive, Islamorada, FL 33036 photo 5161 Palermo Drive, Islamorada, FL 33036 photo 6161 Palermo Drive, Islamorada, FL 33036 photo 7161 Palermo Drive, Islamorada, FL 33036 photo 8161 Palermo Drive, Islamorada, FL 33036 photo 9161 Palermo Drive, Islamorada, FL 33036 photo 10161 Palermo Drive, Islamorada, FL 33036 photo 11161 Palermo Drive, Islamorada, FL 33036 photo 12161 Palermo Drive, Islamorada, FL 33036 photo 13161 Palermo Drive, Islamorada, FL 33036 photo 14161 Palermo Drive, Islamorada, FL 33036 photo 15161 Palermo Drive, Islamorada, FL 33036 photo 16161 Palermo Drive, Islamorada, FL 33036 photo 17161 Palermo Drive, Islamorada, FL 33036 photo 18161 Palermo Drive, Islamorada, FL 33036 photo 19161 Palermo Drive, Islamorada, FL 33036 photo 20161 Palermo Drive, Islamorada, FL 33036 photo 21161 Palermo Drive, Islamorada, FL 33036 photo 22161 Palermo Drive, Islamorada, FL 33036 photo 23161 Palermo Drive, Islamorada, FL 33036 photo 24161 Palermo Drive, Islamorada, FL 33036 photo 25161 Palermo Drive, Islamorada, FL 33036 photo 26161 Palermo Drive, Islamorada, FL 33036 photo 27161 Palermo Drive, Islamorada, FL 33036 photo 28161 Palermo Drive, Islamorada, FL 33036 photo 29161 Palermo Drive, Islamorada, FL 33036 photo 30
All Listings

$1,950,000

161 Palermo Drive

Islamorada, FL 33036

VENETIAN SHORES NO 1

Explore the area: Monroe County real estate

How this price compares

List price
$1,950,000
Price per sq ft
$1,639
Original price
Unchanged
Days on market
12

This 3-bedroom single-family home in Venetian Shores No 1 is listed at $1,950,000, or $1,639 per square foot. It has been on the market for 12 days.

3
Bedrooms
2
Bathrooms
1,190
Living Sq Ft
1981
Year Built

Estimated monthly payment

$10,248 /mo

Principal and interest only, based on $390,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$1,950,000
Days on Site
12 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,190 sqft
Total Sq Ft
3,195 sqft
Lot Size
0.17 Acres
Year Built
1981
Property Type
Single Family
MLS #
A12098342
Property Tax
$12,629 (2025)
Subdivision
VENETIAN SHORES NO 1
County
Monroe
Status
Active

About This Property

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.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1981
Number of Stories
2
Levels
Two
Garage Spaces
0
Parking
Boat / Covered / Rv Access Parking
Direction Faces
West
Lot Size (Acres)
0.17
Living Sq Ft
1,190
Total Sq Ft
3,195
Sewer
Public Sewer
Water Source
Public
Zoning
is

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans / Wall Window Units
Heating
Central / Other
Flooring
Other / Tile
Interior Features
Elevator / Upper Level Primary
Total Rooms
1

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Concrete
Exterior Features
Balcony / Outdoor Living Area / Porch
Patio & Porch
Porch / Screened / Balcony
Waterfront
Yes
Waterfront Features
Canal Front
Frontage
Waterfront
Frontage Length
75.00 ft
View
Canal

Community & HOA

Association Amenities
Boating
Community Features
Boat Facilities
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease / Rental Restriction
MLS Area
5940 - Other Florida County

Schools

Elementary School
Plantation Key
Middle School
Plantation Key
High School
Coral Shores
Homes for Sale
3
Under Contract
0
Median List Price
$2,500,000
Median $/Sq Ft
$1,639
Avg Days on Market
34
View all 3 homes for sale in Venetian Shores →
How do I schedule a tour of 161 Palermo Drive, Islamorada, FL 33036?
Use the Tour button on this listing to request a showing of 161 Palermo Drive, Islamorada, FL 33036. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 161 Palermo Drive, Islamorada, FL 33036 still available?
161 Palermo Drive, Islamorada, FL 33036 is currently listed as Active, and has been on the market 12 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 161 Palermo Drive, Islamorada, FL 33036?
With 20% down ($390,000) on the $1,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 161 Palermo Drive, Islamorada, FL 33036 is about $10,248/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 161 Palermo Drive, Islamorada, FL 33036?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 161 Palermo Drive, Islamorada, FL 33036. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 161 Palermo Drive, Islamorada, FL 33036?
161 Palermo Drive, Islamorada, FL 33036 is zoned for Plantation Key (elementary), Plantation Key (middle), Coral Shores (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 161 Palermo Drive, Islamorada, FL 33036?
Often, yes. The right offer on 161 Palermo Drive, Islamorada, FL 33036 depends on how it's priced against comparable single family sales in Islamorada, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Engel & Völkers Islamorada

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 1, 2026.

$1,950,000

Interested in This Property?

Contact us to schedule a showing or ask a question.

Re: 161 Palermo Drive, Islamorada, FL 33036

By submitting you agree to our Privacy Policy and Terms of Use.

Own a home near this one? See what it would sell for today

Listed by K Shylon Martin, Engel & Völkers Islamorada

More Homes in VENETIAN SHORES NO 1

View the Community →

Similar Listings in Islamorada

All Monroe County Homes →