971 Valencia Key Key Largo Homesite | Foundation & Pillars In Place | Build-Ready One of the rarest finds in the Florida Keys - a cleared homesite in Key Largo with construction already underway. Foundation poured, structural pillars in place, and architectural plans available for a 3-bedroom, 2-bathroom, 1, 600 sq ft residence. Plans require recertification through Monroe County prior to resuming construction. The real value here is what money cannot simply buy in Monroe County: the right to build. ROGO - the state's Rate of Growth Ordinance - strictly limits new construction permits throughout the Florida Keys, with allocations nearly exhausted and a potential moratorium on the horizon. Most buyers wait years for the opportunity to build here. This parcel puts you ahead of that line. Located blocks from John Pennekamp Coral Reef State Park, the first underwater park in the United States, with world-class diving, snorkeling, and the full Florida Keys lifestyle at your doorstep. One hour to Miami. All permit and plan recertification to be independently verified by buyer.