One of the last remaining large residential parcels of open waterfront acreage in the heart of Islamorada. Over 7 acres with over 700 ft of beachfront directly on the Atlantic Ocean with one building right [TRE] assigned which allows for permits & building immediately and does not expire. Build your family compound to your liking to include: tennis court, pool, helipad, gate house, main house and accessory structures. Assemblage includes 5 oceanfront lots [7.43 acres], 3 bay bottom parcels [1.43 acres] plus 1 overseas highway frontage dry lot [.35 acres]. Zoned Native Residential [NR] which calls for 1 home per 4 acres. A rare offering for the most discriminating buyer looking to design and build a magnificent one-of-a-kind waterfront estate in the Florida Keys.