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.
School Ratings & Info
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.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.