77 S 77 Conch Avenue, Conch Key, FL 33050

$498,500
Property Type: Vacant Land Lot Size (sq. ft.): 4,500 Status: Active
Current Price: $498,500 List Date: 11/06/2025 Last Modified: 6/16/2026

Description

Presenting 77 S Conch Key, a 4,500-square-foot parcel in the heart of the Florida Keys that includes two transferable ROGO allocations, each with an estimated value of approximately $149,000. The property is approved for development under existing ROGO plans allowing for up to four residential units, creating a rare opportunity for investors, developers, or end users seeking to build in a market where development rights are increasingly limited. The value of this offering extends beyond the land itself. The included ROGO allocations provide a significant entitlement advantage, reducing the time, uncertainty, and cost often associated with securing build rights in the Florida Keys. Whether utilized for a private compound, vacation residences, workforce housing, or an income-producing investment, the property offers flexibility and long-term upside. While the site does not include water access, it benefits from a central Conch Key location with convenient access to Marathon's marinas, restaurants, shopping, and recreational amenities. Opportunities to acquire buildable Keys property with transferable allocations and approved development plans are increasingly scarce, making 77 S Conch Key a compelling development and investment opportunity.

More Information MLS# 617202

Contract Information

Current Price: $498,500 Listing Date: 2025-11-03 Listing Board: Florida Keys List Price: $498,500 ROGO Exempt: Yes Limited Representation: Yes As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 77 Direction: S Street Name: 77 Conch Street Suffix: Avenue Key/Island: Conch Key State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Conch Key (62.5) Area: 20 - Duck Key, Coral Key, Conch Key

General Property Description

Realtor.COM Type: Vacant Land Waterfront: No Lot SqFt: 4500 Lot Sqft Source: Seller Total Lots: 1 Survey Available: Yes Vegetation Survey: No Wtr Mn Inquiry File: No

Status Change Info

Status: Active

Miscellaneous Info

Mobile Home Lot: No Rogo W/Letter: Yes

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Tax Exemptions: None Waterfront: None Dockage: None Waterview: No Waterview
Listing Office: East Coast Realty Brokerage
Last Updated: June - 16 - 2026
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