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$500,000
MLS# 621137
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Property Description
One WET Transferable Building Right to use for market-rate residential construction in the Village of Islamorada. Buyer to verify with the Village if TDR is applicable to their vacant lot. Buyer to pay all costs associated with applying to Village of Islamorada for transfer to Buyer's lot and all costs associated with the closing of transaction. Offering is for a property right only, no real property is included.
Details
Contract Information
Listing Board: Florida Keys
Limited Representation: No
Listing Date: 2026-08-27
List Price: $500,000
Location, Tax & Legal
City: ISLAMORADA
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Property Right Description
Property Rights Type: Transferrable Building Right
Remarks & Misc
Remarks – Consumer: One WET Transferable Building Right to use for market-rate residential construction in the Village of Islamorada. Buyer to verify with the Village if TDR is applicable to their vacant lot. Buyer to pay all costs associated with applying to Village of Islamorada for transfer to Buyer's lot and all costs associated with the closing of transaction. Offering is for a property right only, no real property is included.
Jurisdiction
Village of Islamorada: 1
Transferrable Building Right
Buyer to Verify: 1
Has Letter: 1
Status Change Info
Status: Active
Property Features
Jurisdiction: Village of Islamorada
Transferrable Building Right: Buyer to Verify; Has Letter
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: August - 28 - 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.