155 Palo De Oro Dr

Islamorada, FL 33036

$4,500,000

4Beds

5.5Baths

—Sq ft

2026Year built

Single-family homeType

About this home

An unfinished masterpiece awaits in prestigious Venetian Shores, one of Islamorada’s most desirable waterfront communities with deep-water canals and quick access to Florida Bay and the Atlantic Ocean via Snake Creek. 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. Designed for 5,559 sq. ft. of air-conditioned living space, the plans include a 1,467 sq. ft. first level, 897 sq. ft. garage, entertainment area, fishing gear room and direct waterfront access. The second level offers 2,361 sq. ft. plus over 1,100 sq. ft. of covered porches, with plans for three guest suites, chef’s kitchen, laundry and open living area. The 1,731 sq. ft. third floor is dedicated to the primary retreat with ocean views, spa bath, custom closet, office and private porch. An elevator shaft is in place, with plans for a canal-front pool and cabana. Concrete dock, 100 feet of waterfront and exceptional boating access. Sold as-is. Some images are AI-generated to show future potential.

Features

Waterfront

Property details

Listing

MLS #: A12077983
Status: For sale
Listed on: Aug 26, 2026
Days on market: 1 day
Listing data updated: Aug 26, 2026

Interior

Beds: 4
Baths: 5.5

Building & community

Type: Single-family home
Year built: 2026
County: Monroe

Lot & exterior

Lot size: 9,998 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

What's nearby

Transit: MILE MARKER 87 TAVRNIER · 1.3 mi away

Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap

True monthly cost

Mortgage (principal & interest): $22,754
Property taxes (est.): $4,125
Home insurance (est.): $3,375
Flood insurance (est.): —

Estimated total$30,254*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?