This prime Lower Matecumbe Key property offers direct Atlantic Ocean access and 60 ft of deep-water dockage on a canal, complete with a concrete dock and a 15,000 lb boat lift permit in hand. Ideal for avid boaters, it's also close to bridges for easy bayside access. Positioned as #2 on the BPAS list for a potential building allocation in 2025, approved plans feature a two-story concrete home with three bedrooms, two baths, a den, and an enclosed garage. The primary suite on the 3rd floor faces the ocean, with potential ocean views. The lot is mostly scarified, partially fenced, and ready for your dream build—either as planned or customized to your vision once the allocation is granted. Don't miss this unique opportunity in Islamorada!