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

$4,500,000

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3

Beds

5

Baths

5,559

Square feet

10,019

Land Size

About 155 Palo De Oro Drive

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.

Features of 155 Palo De Oro Drive

MLS® # 620441
Price $4,500,000
Bedrooms 3
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 5,559
Land Size 10,019
Year Built 2027
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 155 Palo De Oro Drive
Area 25 - Plantation Key
Subdivision Venetian Shores (86.0)
City Upper Matecumbe Key Islamorada
County Monroe
State FL
Zip Code 33036

Amenities

Utilities FKAA, Municipal Sewer, Buyer to Verify, Propane
Parking Garage, Off Street Parking
View Ocean View, Canal View
Is Waterfront Yes
Waterfront Canal Front
Has Pool Yes
Pool In Ground

Interior

Appliances No Appliances
Heating Central
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Features Gazebo
Lot Description Less Than 1/4 Acre
Windows Impact Rstnce Window, Impact Rstnce Doors
Roof Concrete Roof
Construction CBS, Concrete

Additional Information

Date Listed June 29th, 2026
Days on Market 54
Zoning R1 - Residential Single Family
Short Sale No
RE / Bank Owned No

Listing Details

AgentKelly Randin
OfficeRE/MAX All Keys Real Estate

Listing Map

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