Section Image

Key West

Key West

Located in Monroe County

$1,409,708 Average Value
$1,012 Average Price per Sq Ft
216 Homes For Sale

Beaches and booming nightlife at the southernmost tip of Florida

Key West is the southernmost city in the continental United States. Sitting at mile 0 of historic U.S. Route 1, this iconic Florida locale is often referred to as “The end of the road.” With a booming tourism industry and nightlife scene, this small island community may feel tightly packed with crowds on sunny summer evenings, but longtime residents appreciate the community’s know-your-neighbor attitude all year round. Compared to mainland cities, Key West is relatively isolated, so something as simple as a trip to Walmart may involve a ferry ride or a 100-mile drive on an overseas highway. As a result, those living full-time on the island become very close and tend to rely on one another. “In so many ways, it’s difficult to live here,” says longtime resident and Key West poet laureate Emily Schulten Weekley. “It’s even hard for trees to put down roots on a coral island. The remoteness is challenging, but it’s a magical place, and the people here work hard for it because they love it so much.”

Not too many but you can find beaches in Key West mostly on the East side of the island.
Not too many but you can find beaches in Key West mostly on the East side of the island.
Sloppy Joe`s is a staple to the Key West nightlife.
Sloppy Joe`s is a staple to the Key West nightlife.
This is the Southernmost point that millions of tourists visit each year in Key West.
This is the Southernmost point that millions of tourists visit each year in Key West.
Beautiful blue ocean will surround your life when you live in Key West.
Beautiful blue ocean will surround your life when you live in Key West.
1/4

Key West relies on tourism and local businesses

Tourism and food services are the leading industries in Key West, and a strong military and marine science presence rounds out the economy. Employment opportunities are spread across the Florida Keys. Weekley works on Stock Island next door as an English professor. Her school, the College of the Florida Keys, attracts students studying marine biology and those interested in renewable energy. “We do a lot of research on wind, water and solar energy because of our location,” Weekley says.

Fishing is another major player in the local economy. While folks may see cruise ships more often, fishing vessels dot the horizon whenever a storm rolls through. Shrimp boats are on the water, too; however, the city’s shrimp industry isn’t what it was during the historic Florida Pink Gold Rush, which ended around 1980. Businesses in Key West are locally focused, with only a few national big box and grocery chains. Many stores are family-owned, like Fausto's Food Palace, which was originally run out of a house when cigar roller Fausto Castillo started it in 1926. Weekley is married to Castillo’s great-grandson, and the family continues their forefather’s legacy of bringing Cuban staples and delicacies to Key West’s close-knit Cuban community.

Cuban Cafe is part of the lifestyle in Key West.
Cuban Cafe is part of the lifestyle in Key West.
Local businesses are important to the community life in Key West.
Local businesses are important to the community life in Key West.
Tourists gathering to watch the sunset every night from the Malloy Square in Key West.
Tourists gathering to watch the sunset every night from the Malloy Square in Key West.
There is a great Farmers Market every Thursday in Key West where you can see the locals.
There is a great Farmers Market every Thursday in Key West where you can see the locals.
1/4

Old Town's famous strip and waterfront plaza

The hottest restaurants and bars are in the historic Old Town district, focused around its signature strip, Duval Street, and waterfront plaza, Mallory Square. Many tourists come out to play at the square, unloading from cruise ships like clockwork each winter. Visitors and locals alike enjoy the plaza’s nightly Sunset Celebration series, with live musicians, stunt performers and local vendors. Wandering between jugglers, storytellers and food stands, attendees get a sense of the Keys DIY arts scene under what Weekley calls “an endless pink sky.”

The vacation vibes trickle down Duval Street and the surrounding Old Town blocks. This corner of the island is famous for its nightlife, featuring dozens of eclectic bars like the landmark Green Parrot, popular for its underground shows. Cuban eateries and coffee shops are all over, but Key West’s main culinary star is seafood. Locally sourced fish is commonly featured at both fast-casual and upscale establishments. As for where to find the best key lime pie, there are several contenders, but very few customers are sorry after trying a slice from Blue Heaven. The unique restaurant features open-air seating and a quirky feel, thanks in part to the cocky roosters strutting their stuff for scraps. “I’ve heard a lot of stories about why we have wild chickens on the island,” Weekley says. “The main theory is that there used to be a cockfighting industry – if you can even call it that. My husband said that someone told him they were forgotten pets, like our iguanas. I don’t know the truth, but I know people like that cockfighting story.”

Blue Heaven Restaurant has a charming courtyard patio that visitors enjoy very much.
Blue Heaven Restaurant has a charming courtyard patio that visitors enjoy very much.
Waterfront plaza where tourist gathering to enjoy the sunset in Key West.
Waterfront plaza where tourist gathering to enjoy the sunset in Key West.
The famous Duval Street where most of the action happening during night time in Key West.
The famous Duval Street where most of the action happening during night time in Key West.
Popular spots like the famous Margaritaville Store from Jimmy Buffet.
Popular spots like the famous Margaritaville Store from Jimmy Buffet.
1/4

Fort Zachary Taylor Historic State Park

Although some beaches here can feel more rocky than sandy, Smathers Beach offers traditional stretches of white sand. Locals can visit Fort Zachary Taylor Historic State Park to enjoy biking, hiking trails, and scenic fields alongside the crystal blue sea. Snorkeling, sunbathing and fishing are all popular seaside hobbies, though wildlife enthusiasts may opt to kayak through mangroves or visit one of the island’s nature preserves to see all the native species. Key West Butterfly & Nature Conservatory features a range of foliage and butterfly species unique to the area. “There are so many amazing tropical flowering plants that smell so good,” Weekley says. “And there’s a real sweetness when things bloom – like sweet almond bushes or jasmine.”

The Beach at Zackery Taylor Historic State Park is a great place to cool off.
The Beach at Zackery Taylor Historic State Park is a great place to cool off.
Palm trees will provide shade by the ocean in the Zackery State Park.
Palm trees will provide shade by the ocean in the Zackery State Park.
There are great hiking trails in the Zachary Taylor State Park that you can enjoy.
There are great hiking trails in the Zachary Taylor State Park that you can enjoy.
There is an active marine life that you can see and be part of if you are adventurous.
There is an active marine life that you can see and be part of if you are adventurous.
1/4

Historic conch houses and multimillion-dollar estates in Old Town

Homes in Key West span from small beach cottages to multimillion-dollar waterfront estates, with a median price of $1.4 million for single-family dwellings. While newly built homes pop up now and then, limited available land on the island means that most homes here were built between 1920 and 1980. Old Town is both the face and heart of Key West. So here, 1930s two-bedroom conch houses needing a little TLC start close to $700,000. Old Town’s larger move-in-ready properties can cost as much as $9 million for a historic mansion or even more for a rare waterfront find.

Whether located within the island’s sought-after X-flood zone or a section with lower elevations like Mid Town, flood insurance is highly recommended. Hurricane season ranges from the start of June to the end of November, during which residents of Key West exercise caution as the island is vulnerable to coastal storms.

Key West style conch homes are part of the streetscapes on the island.
Key West style conch homes are part of the streetscapes on the island.
Gated multi million dollar homes with private pools and large gardens are very beautiful.
Gated multi million dollar homes with private pools and large gardens are very beautiful.
You can find beachfront condominiums also if you prefer that lifestyle.
You can find beachfront condominiums also if you prefer that lifestyle.
Colorful homes will dominate the market in Key West.
Colorful homes will dominate the market in Key West.
1/4

Island transit at the tip of U.S. Route 1

Transit to mainland Florida from Key West can be tricky. U.S. Route 1 is the only road that can access the mainland, more than 100 miles across the rest of the Florida Keys and landing on the coast south of Miami. Key West International Airport and the Key West Ferry, which connects to Fort Myers Beach, present alternatives to driving. For travel within the island, the Workforce Express bus line runs east to west and can take passengers to nearby military outposts, while the Duval Loop runs in a circle around Key West’s shopping and dining district.

The famous zero mile marker for US 1 Road that starts from Old Town Key West.
The famous zero mile marker for US 1 Road that starts from Old Town Key West.
The bus services are frequent and reliable in Key West.
The bus services are frequent and reliable in Key West.
Key West International Airport is providing daily flights to Miami.
Key West International Airport is providing daily flights to Miami.
US 1 Road is peacefully leading out the way from Key West and connecting the islands.
US 1 Road is peacefully leading out the way from Key West and connecting the islands.
1/4

The Monroe County School District

Local kids are zoned for Monroe County School District, which is rated B-plus overall by Niche. Schools serving every grade level are located on the island, so students don’t need to cross to nearby islands for their education. The island’s location in the Atlantic makes it a prime spot for studying marine sciences, whether at the College of the Florida Keyes or Sigsbee Charter School. Sigsbee, graded A-minus, is a local standout with specialized marine sciences education for grades K-8.

Horace O`Bryant School is offering great education to the students.
Horace O`Bryant School is offering great education to the students.
Key West High School is the largest school complex on the island.
Key West High School is the largest school complex on the island.
The Basilica School is a semi private establishment with great reputation.
The Basilica School is a semi private establishment with great reputation.
The College of the Florida Keys have many marine related subject to study and practice.
The College of the Florida Keys have many marine related subject to study and practice.
1/4

Crime rates in comparison to mainland Florida

Although crime rates in Key West are higher than the national average, with 4.9 violent crimes per 1,000 residents against the national average of 3.8, the island reports lower crime rates than mainland Florida cities like Miami Beach or Orlando, which report violent crime rates of 10.6 and 8.2 per 1,000 residents. Against a national average of 19.54, Key West reports a property crime rate of 23.5.

Micaela Willoughby
Written By
Micaela Willoughby
Gabor Kovacs
Photography Contributed By
Gabor Kovacs
Maurice McNeil
Video By
Maurice McNeil

Interested in learning more about homes in this area? Reach out to Christian Loffreno, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Key West Housing Trends

Housing Trends

Median List Price
$1,275,000
Median Sale Price
$1,100,000
Median Single Family Sale Price
$1,255,000
Median Townhouse Sale Price
$1,325,000
Median 2 Bedroom Sale Price
$830,000
Median Change From 1st List Price
9%
Last 12 months Home Sales
391
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$1,012

Area Facts

Number of Homes in Neighborhood
7,124
Number of Homes for Sale
216
Median Year Built
1963
Months of Supply
6.60
Average Single Family Home Size Sq Ft
1,496
Significantly below the national average
1,925
Average Townhouse Size Sq Ft
1,623
Average 2 Bedroom Size Sq Ft
975
Average 1 Bedroom Size Sq Ft
558
Median Lot Size Sq Ft
4,791

Open Houses

  • Sunday, Sep 14
    Open Sun 11AM - 1PM

    1901 S Roosevelt Blvd Unit 104, Key West, FL 33040

    $899,000

    • 2 Beds
    • 2 Baths
    • 1,176 Sq Ft
    • 1901 S Roosevelt Blvd
    • Unit 104

    Coastal Living at Its Finest - 2-Bedroom Condo at La Brisa ! Wake up to ocean breezes in this beautifully appointed 2-bedroom, 2-bathroom condo located just steps from Smathers beach. Situated directly across the street from the shoreline, this bright and airy residence offers the perfect blend of comfort, convenience, and coastal charm. Inside, you'll find a spacious open-concept living and

    Agent Photo
    Terrance Sullivan
    Ocean Sotheby's International Realty
    (786) 982-8761
    Section Image
    Section Image
  • Sunday, Sep 14
    Open Sun 1PM - 3PM

    1730 Flagler Ave, Key West, FL 33040

    $1,425,000

    • 3 Beds
    • 3 Baths
    • 1,764 Sq Ft
    • 1730 Flagler Ave
    • New 6 days ago

    New Listing! Discover Your Tropical Oasis in a Mid-Century 3BR/3BA Home in Midtown West. This secluded corner property is ideally located near beaches, pickleball/tennis courts, dog park, Old Town Key West, and other KW attractions.Enhance your living experience with this resort-like home, meticulously designed for entertaining with tropically landscaped, fenced yard, expansive deck, sizable

    Bascom Grooms Bascom Grooms Real Estate (KW)

    Section Image
  • Sunday, Sep 14
    Open Sun 12PM - 2PM

    1612 Washington St, Key West, FL 33040

    $1,575,000

    • 4 Beds
    • 2 Baths
    • 1,760 Sq Ft
    • 1612 Washington St
    • New 9 days ago

    Discover this newly listed, stunningly renovated home with a pool in Mid Town West! This midcentury modern gem is located in the heart of Key West, just a short bike ride from Old Town, pickleball courts, beach, dining, and more.Currently set up as two separate units, this property offers numerous options. It can serve as a primary residence with rental income, accommodate multi-generational

    Bascom Grooms Bascom Grooms Real Estate (KW)

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Key West

Property Mix - Square Feet

Key West Has More Renters

Demographics

Total Population
21,249
Median Age
45
Population under 18
18.8%
On par with the national average
23.8%
Population over 65
21.4%
On par with the national average
19.1%

Finances

Median Household Income
$73,732
On par with the national average
$71,702
Average Household Income
$104,750

Education and Workforce

High School Graduates
93%
College Graduates
41%
Above the national average
34.1%
Advanced Degrees
16.7%
% Population in Labor Force
73.3%
Above the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®®

47 / 100

Car-Dependent

Walk Score®®

2 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Key West
Christian Loffreno
Loffreno Real Estate, Inc.
Section Image