10+/- private acres on Knockemdown Key just outside of Key West. This is an offshore island about 10 minutes boat ride from Summerland Key (MM 24). Surrounded by world class flats fishing and located in the heart of the Great White Heron Wildlife Refuge. No public utilites or roads. Also ROGO points and Transferable Development Right (TDR)can be purchased for development elsewhere in County. Located in the Offshore Island (OS) land use district, which would result in a residential density of 0.8 development units (DU's), at the OS rate of 1 DU per 10 acres for the approx. 8 acres of hammock and saltmarsh/button wood wetlands combined. Although not qualifying for a residence (1 DU), the 0.8 DU could be sold for off-site development as a partial Transferable Development Right (TDR). Alternatively, the parcel would qualify for land dedication under the Rate of Growth Ordinance (ROGO) system {Code Section 9.5-122.4(d)} for a total of 32 points (4 points X 8 acres) towards a residential application elsewhere in Monroe County. **Buyer to verify** Seller will consider a real estate trade.
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