Waterfront
Address
155 Palo De Oro Drive, Upper Matecumbe Key Islamorada, FL
Price
$ 4,500,000
Property Attributes
- MLS#620441
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityUpper Matecumbe Key Islamorada
- AreaPlantation Key
- NeighborhoodVenetian Shores
- Zip33036
- StyleSingle Family
- Year Built2027
- Taxes$ 5796
- Price$ 4,500,000
- Bedrooms3
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage5559
- Lot Size0.23 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property 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 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.
| Price History | |
|---|---|
| 6/29/2026 | Listed $4,900,000 |
| 8/13/2026 | 9$4,500,000 |
General Features
| Living Area | 5559.00 |
|---|---|
| Construction | CBS,Concrete |
| Utilities | FKAA,Propane,Buyer to Verify,Municipal Sewer |
| Roof | Concrete Roof |
| Appliances | No Appliances |
| Flood Zone | AE,AE |
| Zoning | R1 - Residential Single Family |
| HOA Fee | 0.00 |
| Pets Allowed Y/N | Pets Allowed |
| Status | Active |
| Full Baths | 4 |
| Half Baths | 1 |
| Year Built | 2027 |
| Subdivision | Venetian Shores (86.0) |
| Style | Single Family |
| View | Ocean View,Canal View |
| Property Type | A |
| Contingent | None |
| Fee Includes | None |
| Acres | 0.23 |
| Lot Sqft | 9998.00 |
| Bank Owned | No |
| Rental Allowed | With Restrictions |
| Building Style: Above Flood | Yes |
| Control Depth | 6 |
| Dockage | Boat Lift |
| Dockage: Dock | Concrete |
| Dockage: Dock Length | 100 |
| Dockage: Seawall | Concrete |
| Dockage: Dock Permit | Yes |
Interior Features
| Furnished Y/N | Unfurnished |
|---|---|
| Flooring | Concrete |
| GF-Interior Features | LED Lighting |
Exterior Features
| Exterior Amenities | Gazebo |
|---|---|
| Pool | Yes |
| Waterfront | Canal Front |
| Lot Size | 100 X 100 |
| Land Size | Less Than 1/4 Acre |
| Pool Info | In Ground |
| Public Sewer Hookup | No |
| Side | Bay/Gulf |
| Vehicle Storage | Garage,Off Street Parking |
| Vehicle Storage: Car(s) | 4+ |
| Windows/Doors | Impact Rstnce Window,Impact Rstnce Doors |
| Off Shore Island | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33036
Price
Taxes
Year Built
Visits
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Data Last Updated: September 13, 2026 3:47 PM UTC
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 13, 2026 3:47 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. 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
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
