155 Palo De Oro Drive, Upper Matecumbe Key Islamorada, FL 33036
$4,900,000
Property Type:
Residential
Bedrooms:
3
Baths:
5
Square Footage:
5,559
Lot Size (sq. ft.):
9,998
Status:
Active
Current Price:
$4,900,000
List Date:
6/29/2026
Last Modified:
7/01/2026
Listing Details MLS# 620441
Location, Tax & Legal
- Street #
- 155
- Street Name
- Palo De Oro
- Street Suffix
- Drive
- Key/Island
- Upper Matecumbe Key Islamorada
- State/Province
- FL
- Zip Code
- 33036
- County
- Monroe
- Subdivision
- Venetian Shores (86.0)
- Area
- 25 - Plantation Key
- City
- ISLAMORADA
- Off Shore Island
- No
- Mile Marker
- 86
- Marathon Neighborhood
- N/A
- Side
- Bay/Gulf
- Flood Zone
- AE,AE
- Alternate Key #
- 1499561
- Parcel #
- 00407370-000000
- Zoning
- R1 - Residential Single Family
- Deed Restrictions
- No
- Legal
- BK 11 LT 15 VENETIAN SHORES PLAT NO 2 PLANTATION KEY PB4-33 OR504-833 OR1448-835 OR1795-14 OR2178-151 OR2178-153 OR2682-
- Taxes
- 5796.78
- Tax Year
- 2025
- Pub Sewer HkUp
- No
Contract Information
- Listing Board
- Florida Keys
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- Yes
- Control Depth
- 6
- Pool
- Yes
- Year Built
- 2027
- Lot SqFt
- 9998
- Lot Sqft Source
- Property Data Card
- Acres
- 0.23
- Living Apx SqFt
- 5559
- SqFt Source
- Builder/Architect
- Total Bedrooms
- 3
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Rentals Allowed
- With Restrictions
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
Dockage
- Dock Length
- 100
- Dock
- Concrete
- Dock Permit
- Yes
- Seawall
- Concrete
- Boat Lift
- Yes
More Information
Building Style
- Above Flood
- Yes
Vehicle Storage
- Car(s)
- 4+
- Garage
- Yes
- Off Street Parking
- Yes
Financial Status
- Auction
- No
- Bank Owned
- No
- Potential Short Sale
- No
- Standard Sale
- Yes
Remarks & Misc
- Remarks – Consumer
- An Unfinished Masterpiece Awaits in the prestigious **Venetian Shores**, one of Islamorada's most desirable waterfront communities, known for its deep-water canals and quick access to both the Florida Bay and the Atlantic Ocean via Snake Creek. This extraordinary opportunity allows you to complete what was envisioned as one of the Florida Keys' most premier luxury estates. Elevated above flood on **100 feet of canal frontage**, this solid concrete home features a striking concrete roofline and nearly all impact-rated windows and doors already installed, providing an exceptional foundation for your dream home. Designed with **5,559 square feet of air-conditioned living space**, the residence offers an ideal blend of luxury and boating lifestyle. The first level includes **1,467 square feet** of living space, an oversized **897-square-foot garage**, and plans for an expansive entertainment area, fishing gear room, and direct waterfront access. The second level features **2,361 square feet** of living space plus over **1,100 square feet of covered porches**, with plans for three spacious guest suites, each with a private bath, a half bath, laundry room, chef's kitchen, and open-concept living area. The entire third floor is dedicated to the **1,731-square-foot primary retreat**, designed with ocean views, a spa-inspired bath, oversized custom closet, executive office, and private covered porch. An elevator shaft is already in place for easy access to every level. Plans also include a canal-front pool and cabana overlooking Snake Creek Bridge. With a concrete dock, 100 feet of waterfront, deep-water boating, and one of the Keys' finest locations, this property offers the rare opportunity to complete a truly remarkable custom estate while selecting every finish to reflect your own vision. Property is being sold as is. Some images are AI computer generated to show future potential.
Fee Includes
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- No Appliances
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
- Ocean View
- Yes
Floor
- Concrete
- Yes
Property Condition
- New Construction
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
Security
- No Security
- Yes
Construction
- CBS
- Yes
- Concrete
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Unfurnished
- Yes
Terms
- Cash
- Yes
- No Seller Finance
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Propane
- Yes
Title
- Title Ins - Buyer
- Yes
Exterior Features
- Gazebo
- Yes
Pool Info
- In Ground
- Yes
Roof
- Concrete Roof
- Yes
GF-Interior Features
- LED Lighting
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
Canal Front
Waterview:
Canal View; Ocean View
Dockage:
Boat Lift
Property Condition:
New Construction
Vehicle Storage:
Garage; Off Street Parking
Furnished:
Unfurnished
Cooling:
Central Air
Heating:
Central
Utilities:
Buyer to Verify; FKAA; Municipal Sewer; Propane
Appliances:
No Appliances
Exterior Features:
Gazebo
Pool Info:
In Ground
Construction:
CBS; Concrete
Floor:
Concrete
Roof:
Concrete Roof
Pets:
Pets Allowed
Security:
No Security
Land Size:
Less Than 1/4 Acre
Terms:
Cash; No Seller Finance
Title:
Title Ins - Buyer
GF-Interior Features:
LED Lighting
Listing Office:
RE/MAX All Keys Real Estate
Last Updated: July - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.