2x Waterfront TDR for Sale Avenue, Upper Matecumbe Key Islamorada, FL 33036
$679,000
Property Type:
Property Rights
Status:
Active
Current Price:
$679,000
List Date:
7/20/2026
Last Modified:
7/21/2026
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.
More Information MLS# 620693
Contract Information
Listing Date: 2026-07-20
Listing Board: Florida Keys
List Price: $679,000
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
Property Right Description
Property Rights Type: Transferrable Building Right
Status Change Info
Status: Active
Property Features
Jurisdiction: Village of Islamorada
Transferrable Building Right: Has Letter
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: July - 21 - 2026
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