About This Home

This 0-bedroom, 0-bathroom single family at 1 TDR in Upper Matecumbe Key Islamorada, FL is listed for $365,000. on a N/A lot.

Listing Description

1 OF 7 WATERFRONT TDR'S FOR SALE IN THE VILLAGE OF ISLANDS. WHY WAIT? START BUILDING TODAY! Secure a rare TRANSFERABLE DEVELOPMENT RIGHT [TDR] for new single-family market-rate construction within the Village of Islands. Each TDR may be applied toward the construction of one new waterfront residence on an eligible receiver site, subject to Village approval.

Buyer shall verify that the proposed receiver site qualifies, is suitable for development and is scarified rather than hammock habitat. Buyer shall pay all costs associated with the transfer, including but not limited to Village application fees, review fees, and required deposits. UP TO SEVEN BUILDING RIGHTS ARE AVAILABLE. PRICE IS PER TDR. CALL FOR ADDITIONAL DETAILS.

Monthly Cost Estimate

$1,952/mo

20% down · 6.5% · 30 years

Principal$264
Interest$1,582
Insurance$106

Estimates only. Actual payments may vary.

Location

1 TDR

Upper Matecumbe Key Islamorada, FL 33036

Questions & Answers

This 0-bedroom, 0-bathroom single family at 1 TDR is listed at $365,000. The estimated monthly payment is $1,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Karan Moeller, PA and can be reached at 3055222857.

KP

Karan Moeller, PA

License 0619230

Agent at Ocean Sotheby's International Realty

(305) 522-2857

Listed by Ocean Sotheby's International Realty · Broker phone: 3057128888 · Broker website

MLS# 615670· Source: Florida Keys Board of REALTORS®· 134 days on PropertySimple

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1 TDR, Upper Matecumbe Key Islamorada, FL 33036

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