2x Waterfront TDR for Sale Avenue, Upper Matecumbe Key Islamorada, FL 33036

New Listing

$679,000

Property Type: Property Rights Status: Active

Current Price: $679,000 List Date: 7/20/2026 Last Modified: 7/21/2026

Overview

Description

An exceptional opportunity to acquire two (2) Waterfront Transferable Development Rights (TDRs akaTBRs) for use within the Village of Islamorada. Offered together for $679,000, this represents an outstanding value at approximately $339,500 per TDR--well below the cost of purchasing comparable rights individually. These development rights may be transferred to an eligible receiver property within the Village, providing a rare opportunity for builders, developers, and property owners to secure valuable development potential at a discounted price. Buyer shall pay all closing costs associated with the transaction, including the Village transfer fee. A recent, successful transfer provides buyers with confidence in a proven Village transfer process. This sale does not include any real property.

Listing Details MLS# 620693

Location, Tax & Legal

Street #: 2x
Street Name: Waterfront TDR for Sale
Street Suffix: Avenue
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
County: Monroe
City: ISLAMORADA

Contract Information

Listing Board: Florida Keys

Property Right Description

Property Rights Type: Transferrable Building Right

Remarks & Misc

Remarks – Consumer: An exceptional opportunity to acquire two (2) Waterfront Transferable Development Rights (TDRs akaTBRs) for use within the Village of Islamorada. Offered together for $679,000, this represents an outstanding value at approximately $339,500 per TDR--well below the cost of purchasing comparable rights individually. These development rights may be transferred to an eligible receiver property within the Village, providing a rare opportunity for builders, developers, and property owners to secure valuable development potential at a discounted price. Buyer shall pay all closing costs associated with the transaction, including the Village transfer fee. A recent, successful transfer provides buyers with confidence in a proven Village transfer process. This sale does not include any real property.

Jurisdiction

Village of Islamorada: Yes

More Information

Transferrable Building Right

Has Letter: Yes

Property Features

Jurisdiction: Village of Islamorada Transferrable Building Right: Has Letter

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: July - 21 - 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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