GROVE PARK
218 Matecumbe Ave, Islamorada FL 33036
3 beds · 2.5 baths · 1,071 ft²
$1,199,999
Est. Payment $6,387/mo
3
Bedrooms
2.5
Bathrooms
1,071
Sq. Ft.
1953
Year Built
2
Garage
29
Days on Market
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, the property comes fully prepped: architectural plans for a stunning home are included, and the pool, tiki hut, mosquito system, and lush professional landscaping are already complete. Whether you want a luxurious island retreat or 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-bath home with 1,730 sq ft
Facts
- MLS#
- A11895394
- Subdivision
- GROVE PARK
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 7,793 ft²
- Sq. Ft.
- 1,071 ft²
- Sq. Mt.
- 99 m²
- Price per sq. ft.
- $1,120/ft²
- Price per sq. mt.
- $12,121/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 29 days
- Listed
- Oct 13, 2025
- Last Updated
- Nov 22, 2025
- Price/Lot Sq.Ft.
- $154/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$1,250,000
3 bd · 3 ba · 1,612 sqft
189 El Capitan Dr, Islamorada FL 33036
SOLD$1,200,000
3 bd · 3 ba · 1,680 sqft
84745 Old Hwy # 10, Islamorada FL 33036
SOLD$1,100,000
3 bd · 3 ba · —
101 Gulfview Drive, Islam 101 Gulfview Drive # 116D, Islamorada FL 33036
SOLD$1,250,000
3 bd · 4 ba · 1,852 sqft
81906 #7 Overseas, OTHER FL Key FL 33036
$1,199,990
2 bd · 3 ba · 1,376 sqft
111 Anglers Way, Islamorada FL 33036
SOLD$1,075,000
3 bd · 3 ba · 2,026 sqft
101 Gulfview Dr # 114, Islamorada FL 33036
SOLD$1,325,000
3 bd · 3 ba · 2,026 sqft
101 Gulfview # 216, Islamorada FL 33036
SOLD$1,099,000
3 bd · 3 ba · 1,680 sqft
84745 Old Hwy # 1, Islamorada FL 33036
Market insights for Islamorada
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
46
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 11/22/2025 | Sold | $1,199,999 |
| 10/13/2025 | Listed for sale | $1,199,999 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Windmill Point Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.4 mi
- Treasure Coast High School
9,10,11,12 · public · 0.5 mi
- Westport Private School
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
- Dalton Learning Center Inc.
KG,1,2,3,4,5 · private · 1.1 mi
- Ivy League Preschool Academy
KG,1,2,3,4,5,6,7,8 · private · 1.1 mi
- Somerset Academy St. Lucie
KG,1,2,3,4,5,6,7,8 · charter · 1.8 mi
- Oak Hammock K-8 School
PK,KG,1,2,3,4,5,6,7,8 · public · 2.8 mi
- Bayshore Elementary School
PK,KG,1,2,3,4,5 · public · 3.6 mi
- St. Lucie West K-8 School
KG,1,2,3,4,5,6,7,8 · public · 3.9 mi
- St. Lucie West Centennial High School
PK,9,10,11,12 · public · 4.1 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$7,537/mo
Principal & Interest
$6,387
Property Tax
$1,000
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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