Key West FL Real Estate & Homes For Sale

Key West, FL Real Estate & Homes For Sale

Key West FL - Key West, FL Real Estate features:

Key West, Florida, is a unique and vibrant real estate market known for its tropical climate, historic charm, and beautiful waterfront properties. Enjoy a variety of water activities, including kayaking, paddleboarding, jet skiing, and fishing. The Florida Keys are home to the only living coral barrier reef in the continental United States. You can explore this incredible underwater world through snorkeling or scuba diving. Popular dive spots include John Pennekamp Coral Reef State Park and the Florida Keys National Marine Sanctuary.

You can also go on eco-tours to explore the mangroves and see the diverse marine life. Here are some of the key features and characteristics of the Key West real estate market:

Waterfront Properties: Key West is surrounded by water, offering a wide range of waterfront properties, including beachfront homes, canal-front residences, and homes with ocean views. Waterfront properties are highly sought after and come with premium price tags.

Historic Homes: Key West is rich in history, and many of its homes are charming and historic. You can find Conch-style cottages and Victorian-era houses, some of which have been beautifully restored and updated.

Condominiums and Townhouses: In addition to single-family homes, Key West offers a variety of condominiums and townhouses. These properties can be more affordable than standalone homes and often come with amenities like pools and fitness centers.

Diverse Architectural Styles: Key West boasts a diverse range of architectural styles, reflecting its history and culture. You'll find everything from traditional Conch-style homes to modern and contemporary designs.

Tropical Landscaping: Many Key West properties feature lush tropical landscaping with palm trees, exotic plants, and vibrant flowers. This landscaping adds to the overall appeal of the properties and provides a true Florida Keys ambiance.

High Demand and Limited Inventory: Key West is a popular destination for both residents and tourists, which can drive up demand for real estate. However, the island's limited land space and strict zoning regulations can result in limited inventory, making the market competitive.

Overall, Key West's real estate market offers a blend of historic charm, tropical beauty, and water-based activities that make it an appealing destination for homeowners and investors alike. However, it's essential to consider the market's unique characteristics and challenges when buying or investing in property in Key West.

Key West FL Real Estate & Homes For Sale

$5,495,000
ACTIVE Status 5 Beds 3,219 SqFt.
“Discover Sunset Paradise – a stunning new construction Gulf-front retreat built in 2023 in the heart of Marathon, Florida Keys. This turnkey, fully furnished single-family home offers approximately 3,219 square feet of luxurious living space on a spacious 0.43-acre lot with direct open-water Gulf access. Boasting 5 bedrooms and 4.5 bathrooms (main house plus a separate guest cabana with A/C), this property sleeps up to 12 and is ideal for large families, multi-generational getaways, or premium vacation rentals. Built with durable concrete construction (CBS), it features bright, coastal-inspired interiors with panoramic Gulf views, a gourmet kitchen, and expansive living areas that flow seamlessly to outdoor entertainment spaces. It also includes a 4-car garage. Step outside to your private waterfront oasis: enjoy a beautiful heated pool with jacuzzi (perfect for year-round use, including winter), covered decks, and a massive 74-foot concrete dock ideal for boating, fishing, kayaking, or simply relaxing by the water. Additional highlights include a pergola, fish-cleaning station, bait freezer, and ample room for boat trailer storage. This home is a proven income producer with an active short-term rental license and established bookings through VRBO, Airbnb, and the highly regarded local management company Florida Keys Vacation Rentals. It is sold fully furnished and turnkey – ready for immediate enjoyment or continued rental success.

735 50 St Gulf, Marathon, Key West

$889,000
ACTIVE Status 3 Beds 1,126 SqFt.
This ground-floor unit was thoughtfully converted from three bedrooms into a spacious two-bedroom, two-bath residence -- each with its own ensuite -- plus an open dining room and wet bar built for Keys-style living: relaxed, social, and always ready for company. Kitchen and bathrooms are fully renovated. Marble floors throughout. Soundproof impact doors and windows. Dual-zone split A/C systems mean cool bedrooms and comfortable common areas -- no compromises in the tropics. Hurricane-rated glass doors frame a lush garden view and open directly to the resort-style pool -- engineered for outward visibility with true privacy from outside. An elevated private patio puts the pool, tennis courts, and tropical grounds steps away. HOA includes cable, security, building insurance, exterior maintenance, and exterminating -- predictable carrying costs, no surprise weekends managing a property. In 50 years since 1974, Key West by the Sea has never flooded through a single named storm. The City and State recently completed a raised stormwater system and elevated South Roosevelt -- infrastructure built for the next 50 years. Old Town, Duval Street, the Historic Seaport, Mallory Square -- all a short bike ride away. You're connected to everything Key West is, and then you come home to a quiet, gated community that feels a world apart. Full-time residence, mainland escape, or the life you've been working toward, #103C is ready. Key West isn't accidental. You choose it. Choose this.

2601 S Roosevelt Blvd Unit #103C, Key West

$2,499,000
ACTIVE Status 2 Beds 2,124 SqFt.
Experience modern waterfront living at this exceptional 2-bed, 2.5-bath oceanfront home on Geiger Key, where contemporary design meets exceptional engineering. Envisioned by original owner and renowned author Reese Palley, the residence was designed to maximize breathtaking open-water views, natural light, and indoor-outdoor living. Remote-controlled blinds reveal an endless blue horizon, while expansive walls of impact glass and soaring cathedral ceilings create a dramatic sense of openness. The elegant, open-concept floor plan features clean architectural lines and spacious living areas. Engineered by structural and civil engineer Joel Roseblatt, the home was intentionally “over-engineered” for strength and durability. Reinforced concrete block construction and rare hollow-core concrete floor and roof systems provide remarkable structural integrity, fire resistance, thermal efficiency, and quiet security. Encompassing 3,672 sq. ft. under roof, the home offers expansive covered outdoor spaces for entertaining, waterfront dining, or peaceful mornings overlooking the water. Approximately 270' of concrete dockage and immediate ocean access provide an ideal setting for boating, world-class fishing, and sunset cruises. Located minutes from Key West yet surrounded by the tranquility of Geiger Key, 156 Sea Lane was built to endure for generations. See the “Supplement” tab for additional history on the property’s architecture and design.

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