155 Palo De Oro Drive, Islamorada, FL 33036

$4,500,000 — Pending

Property Features

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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.

Property Details

  • Listing ID: A12077983
  • Status: Pending
  • Listing Date: 2026-08-26
  • Property Type: Single Family Residence
  • Subdivision: VENETIAN SHORES NO 2
  • County: Monroe
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Living Area Sq Ft: N/A
  • Year Built: 2026

Financial

  • List Price: $4,500,000
  • HOA Fee: None
  • Taxes: $5,797/yr

Features & Amenities

  • View: Bay, Canal, Ocean
  • Furnished: Unfurnished
  • Parking: Garage, Attached Garage, Attached
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Other
  • Construction: CBS
  • Roof: Concrete
  • Interior Features: Elevator, Walk-In Closet(s), Storage
  • Exterior Features: Lighting
  • Community Amenities: Boating

Courtesy of RE/MAX All Keys Real Estate
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.