Short Answer
ROGO restrictions limit new supply, which supports property values for existing developed properties. Land with an existing Certificate of Occupancy typically holds greater value than undeveloped land subject to ROGO allocation wait times.
ROGO restrictions limit new supply, which supports property values for existing developed properties. Land with an existing Certificate of Occupancy typically holds greater value than undeveloped land subject to ROGO allocation wait times.
If you have a specific situation or property in mind, I encourage you to reach out directly. Every real estate transaction in the Florida Keys has unique factors, and a conversation is the best way to get the precise guidance you need. My team and I are here to help you navigate the process with confidence.
Text me at (305) 393-5859 or send a message through the contact page and I will get back to you personally.
Steve's Advice
Steve Conley
Principal, Conley Sales Group at COMPASS
ROGO is actually the reason Keys property values have remained so strong. By capping new construction, it ensures supply stays limited. Properties with existing COs or grandfathered building rights command a premium because they bypass the allocation wait. I explain this dynamic to every buyer I work with.
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