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Commercial Land for Sale in Islamorada, Florida

Monroe County, Islamorada, FL

$15,000,000
10.9 acres
Active sale
ago
Est $104,588/mo

Over 10 Acres of Industrial-Zoned Land for sale in the Florida Keys A rare opportunity to acquire 10.88+/- acres of Industrial (I) zoned vacant land in the Florida Keys. Industrially zoned properties are extremely limited due to the unique development restrictions throughout the Keys, making this one of the few large-scale industrial development opportunities available. The offering consists of eight parcels totaling approximately 475,000+/- square feet (10.88+/- acres). Based on a recent Letter of Understanding (LOU) with Monroe County, the Industrial-zoned portion of the property allows for the development of approx. 130,000 square feet of light industrial floor area. One of the property's most significant advantages is that this allowable industrial floor area is exempt from Monroe County's NROGO permit allocation system, provided the development is limited to manufacturing, assembly, wholesaling, and distribution uses. This exemption represents substantial value, as the property has verified commercial floor area rights and an established path to obtaining building permits without the uncertainty of public allocation processes. The property is designated Industrial (I) on the Monroe County Future Land Use Map (FLUM), classified as Tier III on the Tier Overlay Map, and identified as Developed Land. The Industrial zoning district is intended to accommodate light industrial, manufacturing, warehousing, logistics, and distribution facilities. This is an exceptional investment and development opportunity for industrial users, logistics companies, manufacturers, and investors seeking one of the largest industrial development sites in the Florida Keys. Confidential Offering: Property address, surveys, and additional due diligence materials, including actual photographs, will be provided upon execution of a Non-Disclosure Agreement (NDA) and receipt of Proof of Funds.

Location

Community
Monroe (999.9)

Property details

Acreage
10.9 acres
Zoning
ID - Industrial District
MLS #
KWAR 620795
Posted

Property taxes

2025
$34,078

Details and features

Listing

Type
Land

Lot

View
Ocean
Waterfront
Ocean Front, Pond

Interior

Security
Security

Listing history

DateEventPriceChangeSource
July 31, 2026New listing$15,000,000KWAR
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This 10.9-acre property is located in Islamorada, FL. The land is available for sale, priced at $15,000,000 — $1,376,147 per acre.

Listed by RE/MAX Keys Connection, (305) 745-9088

Checked 1 hour agoUpdated Source

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