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124 Palermo Dr, Islamorada, FL 33036 Property Records

Monroe County property record for 124 Palermo Dr, Islamorada, FL 33036

Property Summary

Property TypeSingle Family Home
Details4 bd · 3 ba · 1,696 sqft · built 1973
Lot Size0.16 acres (7,000 sqft)
OwnerCompany Name on File
Last Sale$2,625,000 (Aug 2025)
Tax Bill$15,173 (2024)
Deeds & MortgagesNov 2023 Sale
Mar 2022 Mortgage
+ 1 more
Flood ZoneZone AE (high risk)
APN00406050-000000

Property Details

APN / Parcel Number

Primary APN00406050-000000
Alternative APNs
  • 13633700406050000000
  • 1498271

Interior

Bedrooms4 Beds
Full Baths3 Baths
Stories2 Stories
Building Area1,696 sqft Living Area
1st Floor Area2,229 sqft
FlooringTerrazzo
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1973
Effective Year BuiltEffective 2015
Exterior MaterialOther
Construction TypeMasonry / Concrete Block
Foundation TypePile
Roof TypeReinforced Concrete
Roof MaterialOther
Lot Area7,000 sqft (0.16 acres)
Lot Dimensions100 ft deep x 70 ft wide
Garage TypeCarport
CarportCarport

Exterior Amenities

Pool TypePublic / Commercial Pool
PorchOpen Porch
Porch Area756 sqft
Patio Area154 sqft
Boat AccessBoat Access

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air

Location & Zoning

Account Number1498271
Old Parcel Number13633700406050000000
Street Address124 PALERMO DR
CityISLAMORADA
StateFL
Zip33036-3317
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLTS 11 & 12 BLK 4 VENETIAN SHORES PLAT NO 1 AMENDED & EXTENDED PB3-157 PLANTATION KEY OR486-73 OR782-324 OR797-1683 RE 40606
Legal Range37E
Legal Township63S
Legal Section13
Legal SubdivisionVENETIAN SHORES NO 1
Legal Block4
Legal Lot Number11-12 12
JurisdictionMONROE FL
Township / Civil DivisionUPPER KEYS
Census Block Group2
Census Block2005
Census Tract970800

Owner

Source: Monroe County records, as of December 5, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address211 WESTMINSTER RD, WEST PALM BEACH, FL 33405-1654
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Nov 7, 2023Warranty Deed, Transfer
ACCOMODATION, ACCOMMODATION
Mar 29, 2022Deed of Trust, Mortgage · Conventional Mortgage
PLAZA HOME MORTGAGE INC
Apr 19, 2023Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 19, 2025 · Amount on File
Deed SaleAug 19, 2025 · Amount on File
Prior SaleNov 7, 2023
Deed Document Number2512268
Deed Book / Page3340 / 2496
Record UpdatedJun 8, 2026

November 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMONROE FL
Recording DateNov 7, 2023
Property Address124 PALERMO DR, ISLAMORADA, FL 33036-3317
Document Number0032500110
Book / Page3250 / 110
Map ReferenceMB 3 PG 157
Instrument DateNov 3, 2023
Instrument2439340
Transaction TypeTransfer
Record UpdatedDec 4, 2023
Title CompanyACCOMODATION, ACCOMMODATION

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address14 INDIAN BAYOU DR, DESTIN, FL 32541-4417

Transferred To (Grantee/Buyer)

NameVerified Name
Address114 INDIAN BAYOU DR, DESTIN, FL 32541-4415

March 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONROE FL
Property Address124 PALERMO DR, ISLAMORADA, FL 33036-3317
Transaction TypeMortgage
Record UpdatedJun 21, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address124 PALERMO DR, ISLAMORADA, FL 33036-3317

Mortgage

Document Number0031640710
DateMar 29, 2022
Book Page3164/710
Instrument2368132
Lender
NamePLAZA HOME MORTGAGE INC
TypeMortgage Company
AddressJACKSONVILLE, FL 32256
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term181 Months
DueApr 1, 2037

April 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMONROE FL
Recording DateApr 19, 2023
Property Address124 PALERMO DR, ISLAMORADA, FL 33036-3317
Document Number0032210954
Book / Page3221 / 954
Map ReferenceMB 3 PG 157
Instrument DateApr 18, 2023
Instrument2414642
Transaction TypeTransfer
Record UpdatedJun 21, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount on Record
Tax$14,350.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address124 PALERMO DR, ISLAMORADA, FL 33036-3317

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address114 INDIAN BAYOU DR, DESTIN, FL 32541-4415
InvestorPossibly a Property Investor

Tax Assessment & Valuation

Source: Monroe County assessment roll, as of July 1, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyMonroe County
MunicipalityIslamorada, Village Of Islands
Unified School DistrictMonroe County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,891,290 (+144.3%) Land $1,330,000 Building $561,290$1,891,290 (+17.98%) Land $1,330,000 Building $561,290
2024$15,173.00 (+113.01%)
2023$7,123.00 (+1.4%) Senior Citizen's exemption$774,160 (+3%)$1,603,084 (+36.25%) Land $1,113,000 Building $490,084
2022$7,025.00 Senior Citizen's exemption$751,612$1,176,595 Land $735,000 Building $441,595

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation7.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on File
median of 296 individual policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies496 units insured
incl. 200 condo units
Nearby Flood Claims98 (1988–2017)
Claims Outside the SFHA4 of 98
Most Recent ClaimSep 2017 · Hurricane Irma
Claims by Event
  • Hurricane Irma, Sep 2017 · 25 claims
  • Hurricane Wilma, Oct 2005 · 43 claims
  • Hurricane Georges, Sep 1998 · 20 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskModerate
above 51% of the US · lower than 79% of Florida
Wildfire Likelihood0.07% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 47 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless · DSL		5,000 / 5,000
Xfinity
Cable		1,200 / 35
Verizon
Fixed Wireless		300 / 20
T-Mobile
Fixed Wireless		100 / 20

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