218 Matecumbe Avenue, Upper Matecumbe Key Islamorada, FL 33036

$1,200,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,071 Lot Size (sq. ft.): 7,793 Status: Closed

Current Price: $1,200,000 List Date: 10/03/2025 Last Modified: 11/22/2025

Description

Build Your Dream — Without the Wait! This rare Islamorada property is a true gem, offering TWO highly-coveted and extremely scarce Islamorada building rights (ROGO exemptions) — a golden opportunity in a market where buildable rights are nearly impossible to come by. Even better, this property comes fully prepped and ready to go: architectural plans for a stunning home are included, and the pool, tropical tiki hut, mosquito system and lush professional landscaping are already complete. Whether you're looking to create a luxurious island retreat or capitalize on a smart investment, this is your chance to build immediately in one of the most sought-after destinations in the Florida Keys. Opportunities like this are incredibly rare — act now and turn the key to your future in paradise. The new layout is a 3 bedroom, 2.5 bedroom bath and new square footage would be 1,730.

More Information MLS# 616707

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $1,200,000 Listing Date: 2025-09-29 Sold Price: $1,200,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 81.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: X Alternate Key #: 1490539 Handicap Access: Yes Parcel #: 00398140-000000 Zoning: R2 - Residential Duplex Deed Restrictions: Unknown Legal: BK 4 S'LY 29.88FT LT 4 AND ALL LT 5 GROVE PARK UPPER MATECUMBE PB1-111 OR430-1031/32 OR628-181 OR780-1107 OR781-718 OR14 Taxes: 7628.73 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 218 Street Name: Matecumbe Street Suffix: Avenue Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Grove Park (81.5) Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 10 Lot SqFt: 7793 Pool: Yes Lot Sqft Source: Tax Records Total Units: 0 Acres: 0.18 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 1953 Living Apx SqFt: 1071 Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Build Your Dream — Without the Wait! This rare Islamorada property is a true gem, offering TWO highly-coveted and extremely scarce Islamorada building rights (ROGO exemptions) — a golden opportunity in a market where buildable rights are nearly impossible to come by. Even better, this property comes fully prepped and ready to go: architectural plans for a stunning home are included, and the pool, tropical tiki hut, mosquito system and lush professional landscaping are already complete. Whether you're looking to create a luxurious island retreat or capitalize on a smart investment, this is your chance to build immediately in one of the most sought-after destinations in the Florida Keys. Opportunities like this are incredibly rare — act now and turn the key to your future in paradise. The new layout is a 3 bedroom, 2.5 bedroom bath and new square footage would be 1,730.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1 Sewer: 1 Water: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Interior Features

Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Yes

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Partially: 1

Utilities

FKAA: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Fruit Tree(s): 1 Lighting: 1 Outdoor Shower: 1 Sprinkler System: 1

Pool Info

In Ground: 1

Financial Status

Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Status Change Info

Sold Date: 2025-11-20 Sold Price: $1,200,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Furnished: Partially Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA Interior Features: Smoke Alarms; Storage; Walk-in Closet(s) Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Exterior Features: Chickee Hut; Fencing; Fruit Tree(s); Lighting; Outdoor Shower; Sprinkler System Pool Info: In Ground Construction: CBS Floor: Tile Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Title: Title Ins - Buyer

Listing Office: VRNR, LLC

Last Updated: November - 22 - 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.

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