Key West Real Estate:
For professional guidance with Key West real estate for sale, please contact Anchor Line Realty.
Typically there are about 150 to 200 homes for sale in Key West. The prices usually range from about $500,000 to $3,000,000 and are generally higher in the historic Old Town section. Most of the homes in New Town Key West were built in the 1950’s and 1960’s and offer the best value in terms of square footage of home and land. Mid Town is a blend of Old Town and New Town. Some homes are older and historic while others are more recently constructed.
There are normally about 75 condos for sale in Key West. The prices usually range from $200,000 to $3,000,000. There are several listings for waterfront and waterview condos, and they are typically more expensive by about 30% than ones without views. At last check there were 50 non-waterfront and 25 on the water, with water views.
Typically there are about 30 townhomes for sale in Key West. The prices usually range from about $350,000 to $2,000,000 and are generally higher for newer build construction.
Typically there are not very many listings for vacant land for sale in Key West. 10 listings or so is normal and it is important to be careful when evaluating the lot to see if it has building rights and to determine important characteristics such as setbacks and lot coverage restrictions to make sure you can build what you want.
Typically there are about 30 commercial properties for sale in Key West. Since the listings for commercial properties can vary dramatically, from a small one room office to a larger, luxury hotel for sale, prices vary widely as well.
Key West Florida Real Estate Prices:
Sales prices can typically range anywhere from $200,000 for a small studio condo all the way up to the $3,000,0000 to $5,000,000 range for an Old Town estate home. Large commercial properties that include marina sales and upscale hotel complexes have reached over $100 Million.
Availability of Key West Property for Sale:
Normally there are around 300 or so residential properties on the market and approximately another 30 commercial properties for sale.
- Old Town,
- Casa Marina,
- Sunset Key,
- Truman Annex,
- Mid Town,
- New Town/Nearby,
- Golf Club,
- Key Haven.