1 TDR, Upper Matecumbe Key Islamorada, FL 33036

$365,000

Property Type: Property Rights Status: Active

Current Price: $365,000 List Date: 3/12/2026 Last Modified: 7/17/2026

Overview

Description

1 OF 7 WATERFRONT TDR'S FOR SALE IN THE VILLAGE OF ISLANDS. WHY WAIT? START BUILDING TODAY! Secure a rare TRANSFERABLE DEVELOPMENT RIGHT [TDR] for new single-family market-rate construction within the Village of Islands. Each TDR may be applied toward the construction of one new waterfront residence on an eligible receiver site, subject to Village approval. Buyer shall verify that the proposed receiver site qualifies, is suitable for development and is scarified rather than hammock habitat. Buyer shall pay all costs associated with the transfer, including but not limited to Village application fees, review fees, and required deposits. UP TO SEVEN BUILDING RIGHTS ARE AVAILABLE. PRICE IS PER TDR. CALL FOR ADDITIONAL DETAILS.

Listing Details MLS# 615670

Location, Tax & Legal

Street #: Yes
Street Name: TDR
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
County: Monroe
City: ISLAMORADA

Contract Information

Listing Board: Florida Keys
Limited Representation: No

Property Right Description

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

Remarks & Misc

Remarks – Consumer: 1 OF 7 WATERFRONT TDR'S FOR SALE IN THE VILLAGE OF ISLANDS. WHY WAIT? START BUILDING TODAY! Secure a rare TRANSFERABLE DEVELOPMENT RIGHT [TDR] for new single-family market-rate construction within the Village of Islands. Each TDR may be applied toward the construction of one new waterfront residence on an eligible receiver site, subject to Village approval. Buyer shall verify that the proposed receiver site qualifies, is suitable for development and is scarified rather than hammock habitat. Buyer shall pay all costs associated with the transfer, including but not limited to Village application fees, review fees, and required deposits. UP TO SEVEN BUILDING RIGHTS ARE AVAILABLE. PRICE IS PER TDR. CALL FOR ADDITIONAL DETAILS.

Jurisdiction

Village of Islamorada: Yes

More Information

Transferrable Building Right

Has Letter: Yes
Market Rate ROGO: Yes

Property Features

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

Listing Office: Ocean Sotheby's International Realty

Last Updated: July - 17 - 2026

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.

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