155 Palo De Oro Drive, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 620441)

155 Palo De Oro Drive, Upper Matecumbe Key Islamorada, FL 33036

New Listing

$4,500,000

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Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 5,559 Lot Size (sq. ft.): 9,998 Status: Active

Current Price: $4,500,000 List Date: 8/22/2026 Last Modified: 8/22/2026

Overview

Description

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 s ... (Read more)

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

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

Status Change Info

Contingent: None

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

Dock Length: 100
Dock: Concrete
Dock Permit: Yes
Seawall: Concrete

More Information

Building Style

Above Flood: Yes

Vehicle Storage

Car(s): 4+

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: 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: August - 22 - 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.