$679,000
2x Waterfront TDR for Sale Avenue, Upper Matecumbe Key Islamorada, FL 33036
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About this home
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.
Property details
- Days on Market
- 71
- Listed
- July 20, 2026
- MLS #
- 620693
Location
Listed With Coldwell Banker Schmitt Islamorada
Listing information is provided courtesy of the Florida Keys MLS. Information deemed reliable but not guaranteed.