218 Matecumbe Avenue, Upper Matecumbe Key Islamorada, FL 33036

$1,200,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,071 Lot Size (sq. ft.): 7,793 Status: Closed
Current Price: $1,200,000 List Date: 10/03/2025 Last Modified: 11/22/2025

Description

Build Your Dream — Without the Wait! This rare Islamorada property is a true gem, offering TWO highly-coveted and extremely scarce Islamorada building rights (ROGO exemptions) — a golden opportunity in a market where buildable rights are nearly impossible to come by. Even better, this property comes fully prepped and ready to go: architectural plans for a stunning home are included, and the pool, tropical tiki hut, mosquito system and lush professional landscaping are already complete. Whether you're looking to create a luxurious island retreat or capitalize on a smart investment, this is your chance to build immediately in one of the most sought-after destinations in the Florida Keys. Opportunities like this are incredibly rare — act now and turn the key to your future in paradise. The new layout is a 3 bedroom, 2.5 bedroom bath and new square footage would be 1,730.

More Information MLS# 616707

Contract Information

Current Price: $1,200,000 Listing Date: 2025-09-29 Listing Board: Florida Keys Sold Price: $1,200,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 218 Street Name: Matecumbe Street Suffix: Avenue Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Grove Park (81.5) Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Control Depth: 10 Pool: Yes Year Built: 1953 Lot SqFt: 7793 Lot Sqft Source: Tax Records Acres: 0.18 Living Apx SqFt: 1071 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 28

Status Change Info

Sold Date: 2025-11-20 Sold Price: $1,200,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Yes

Financial Status

Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Furnished: Partially Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA Interior Features: Smoke Alarms; Storage; Walk-in Closet(s) Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Exterior Features: Chickee Hut; Fencing; Fruit Tree(s); Lighting; Outdoor Shower; Sprinkler System Pool Info: In Ground Construction: CBS Floor: Tile Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Title: Title Ins - Buyer
Listing Office: VRNR, LLC
Last Updated: November - 22 - 2025
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