1 Waterfront TDR, Lower Matecumbe, FL 33036 (MLS# 616159)

1 Waterfront TDR, Lower Matecumbe, FL 33036

$475,000

Property Type: Property Rights Status: Active

Current Price: $475,000 List Date: 8/15/2025 Last Modified: 8/15/2025

Description

Start building immediately with this Waterfront TDR for use in the Village of Islamorada for a Single Family Residence on the water! Buyer has to verify with the Village if TDR is applicable to vacant lot. Buyer has to pay all closing costs associated with the transaction and the transfer fees to the Village. The letter of Development Rights Determination from the Village is on file and can be provided upon request.

More Information MLS# 616159

Contract Information

Listing Board: Florida Keys Limited Representation: No Listing Date: 2025-08-15 List Price: $475,000

Location, Tax & Legal

City: ISLAMORADA Legal: The sale does not include any real property. Property rights only. Street #: 1 Street Name: Waterfront TDR Key/Island: Lower Matecumbe State/Province: FL Zip Code: 33036 County: Monroe

Property Right Description

Property Rights Type: Transferrable Building Right Transfer Fee Paid By: Buyer

Remarks & Misc

Remarks – Consumer: Start building immediately with this Waterfront TDR for use in the Village of Islamorada for a Single Family Residence on the water! Buyer has to verify with the Village if TDR is applicable to vacant lot. Buyer has to pay all closing costs associated with the transaction and the transfer fees to the Village. The letter of Development Rights Determination from the Village is on file and can be provided upon request.

Jurisdiction

Village of Islamorada: 1

Transferrable Building Right

Has Letter: 1 Market Rate ROGO: 1

Status Change Info

Status: Active

Property Features

Jurisdiction: Village of Islamorada Transferrable Building Right: Has Letter; Market Rate ROGO

Listing Office: Ocean Sotheby's International Realty

Last Updated: August - 15 - 2025

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 being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.