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124 Palo De Oro Dr

Islamorada, FL 33036

4 bd 3 ba 2,960 sqft Built 1978 Lot 7,000 sqft single_family
Most recent sale
$2,250,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 3, 2024 Listing removed $1,000,000 FloridaKeys
Feb 28, 2022 Sold $2,250,000 MLS #598934
Dec 26, 2021 Listed $2,499,000 MLS #598934
Sep 30, 2020 Listing removed $1,100,000 Marathon
Jul 22, 2020 Listing removed $1,000,000 Marathon
Dec 6, 2019 Sold $875,000 MLS #585966
Mar 22, 2019 Price changed $1,100,000 MLS #583078
Dec 3, 2018 Listed $1,125,000 MLS #583078
Sep 16, 2018 Listing removed $1,125,000 Marathon
Jul 6, 2018 Listing removed $1,125,000 FloridaKeys
Jun 2, 2018 Listed for rent $3,600 AppfolioUnits
Apr 19, 2018 Price changed $1,125,000 MLS #577168
Oct 24, 2017 Listed $1,125,000 MLS #577168
Sep 7, 2017 Listing removed $1,175,000 FloridaKeys
Sep 6, 2017 Listing removed $1,175,000 Marathon
Sep 21, 2016 Listed $1,175,000 MLS #572106
Mar 18, 2015 Listing removed $1,000,000 FloridaKeys
Mar 17, 2015 Listing removed $1,000,000 Marathon
Jan 7, 2015 Relisted $1,000,000 MLS #565264
Dec 23, 2014 Listing removed $1,000,000 FloridaKeys
Sep 17, 2014 Listed $1,100,000 MLS #565264
Nov 5, 1993 Sold $335,000 Public Record
Dec 1, 1978 Sold $132,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $881,767 $1,113,000 $1,994,767 $19,144
2021 $247,120 $490,000 $737,120 $8,091
2020 $247,120 $490,000 $737,120 $8,123
2019 $336,384 $490,000 $826,384 $9,149
2018 $831,899 $9,263
2017 $385,272 $371,000 $756,272 $8,232
2016 $337,094 $371,000 $708,094 $8,194
2015 $341,807 $418,250 $760,057 $8,571
2014 $817,486 $9,222
2013 $803,018 $9,153
2012 $739,666 $8,232
2011 $700,307 $7,764
2010 $688,005 $7,604
2009 $781,965 $8,223
2008 $1,097,675 $10,285
2007 $1,271,203 $10,436

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,960 sqft
Lot size
7,000 sqft
ZIP code
33036
City
Islamorada
Street
Palo De Oro Dr
Coordinates
24.95846, -80.58660

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$13,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 124 Palo De Oro Dr last sell?
124 Palo De Oro Dr most recently sold on Feb 28, 2022 for $2,250,000.
What is the current tax assessment for 124 Palo De Oro Dr?
The most recent total assessment for 124 Palo De Oro Dr (year 2023) is $1,994,767 with $19,144 in property tax.
How does 124 Palo De Oro Dr's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $2,250,000.
When was 124 Palo De Oro Dr built?
124 Palo De Oro Dr was built in 1978.
How does 124 Palo De Oro Dr compare to others on Palo De Oro Dr?
We track 8 other properties on Palo De Oro Dr. Browse the list under "Other properties on Palo De Oro Dr" to compare beds, baths, and sale history.
What are the property facts for 124 Palo De Oro Dr?
124 Palo De Oro Dr is a 4 bed, 3 bath, 2,960 sqft, 7,000 sqft lot single_family.
Is 124 Palo De Oro Dr a flip candidate?
No — 124 Palo De Oro Dr does not appear in our flips dataset.
Is 124 Palo De Oro Dr a tax-appeal candidate?
No — 124 Palo De Oro Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$1.85M
2026 Q4
$1.85M
ZIP 33036 — Median Price History + Forecast

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