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New Construction Homes for Sale in Key West, FL

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  • /10

    $450,000 Lot/Land

    6 Beach Dr, Key West, FL 33040

    Rare DOUBLE LOT on OPEN WATER with BOATING ACCESS and ROGO EXEMPT LETTER IN HAND!! This lot can be cleared providing huge wide water sunset views and the ability to add dockage with shallow boating access. Located in the Saddlebunch Keys, just 10 minutes from all of the superior dining and nightlife of Key West, Florida. Build your dream home now, and enjoy beautiful open water sunset views

    Agent Photo

    Anneliese Dietrick

    Coldwell Banker Schmitt Lower Keys (KW)

    (786) 756-8747

    6 Beach Dr, Key West, FL 33040
  • /15

    $299,000 Lot/Land

    5555 College Rd Unit 4, Key West, FL 33040

    Discover your perfect docking solution with this 60 foot boat slip (65 foot LOA) located at the sheltered and protected Sunset Marina in Key West. Positioned on the Gulf side of Key West, this slip provides deep water access, ideal for both large and small vessels. At the entrance to the property owners will find an electric gate providing increased security. Owners will enjoy the exclusive

    Agent Photo

    Cardenas & Krug Team

    Robert H Cardenas Jr., PA

    (786) 840-1384

    5555 College Rd Unit 4, Key West, FL 33040
  • /38

    $4,325,000 Custom Home

    231 E Shore Dr Unit 7, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 7, Key West, FL 33040
  • /45

    $4,250,000 Custom Home

    231 E Shore Dr Unit 1, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 1, Key West, FL 33040
  • /7

    $32,000,000 Custom Home

    231 E Shore Dr, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 6,514 Sq Ft

    Introducing Seven Palms Cove, a rare new construction oceanfront community in the Florida Keys that combines luxury living with unmatched investment potential. With only seven residences available—each spanning over 4,000 sq. ft. with 5 bedrooms, 5.5 baths, private infinity pools, rooftop decks, and assigned dockage—this gated enclave offers turn-key short-term rental flexibility. Unlike most

    Stephanie Muzzillo Serhant

    231 E Shore Dr, Key West, FL 33040
  • /45

    $4,125,000 Custom Home

    231 E Shore Dr Unit 3, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 3, Key West, FL 33040
  • /16

    $4,125,000 Custom Home

    231 E Shore Dr Unit 5, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 5, Key West, FL 33040
  • /43

    $4,000,000 Custom Home

    231 E Shore Dr Unit 4, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 4, Key West, FL 33040
  • /47

    $4,000,000 Custom Home

    231 E Shore Dr Unit 2, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 2, Key West, FL 33040
  • /39

    $4,250,000 Custom Home

    231 E Shore Dr Unit 6, Key West, FL 33040

    • 5 Beds
    • 5.5 Baths
    • 4,103 Sq Ft

    Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5

    Stephanie Muzzillo Serhant

    231 E Shore Dr Unit 6, Key West, FL 33040
  • /12

    $1,100,000 Lot/Land

    619 Front St Unit 21, Key West, FL 33040

    BEST MARINA LOCATION IN KEY WEST!Coveted and rarely available slip at the Galleon Resort in Historic Key West Harbor is now available.At the Galleon Resort, enjoy stunning sunset vistas, viewings of lighted boat parades and a two-block walk to Duval Street! The Historic Key West Seaport district is a stone's throw away where you can dine, drink and listen to live music at a multitude of great

    Dawn Gonet Berkshire Hathaway HomeServices Knight & Gardner Realty

    619 Front St Unit 21, Key West, FL 33040
  • /60

    $1,050,000 Lot/Land

    2950 Overseas Hwy Unit 37, Key West, FL 33040

    Exceptional luxury RV site located within the exclusive, gated Bluewater Key Luxury RV Resort. This rare oversized Platinum Plus double lot offers an unparalleled level of privacy, surrounded by lush tropical landscaping and positioned in one of the resort's most coveted locations--just steps from the elegant clubhouse and resort-style pool.Designed for elevated outdoor living, the property

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 37, Key West, FL 33040
  • /2

    $375,000 Lot/Land

    6810 Front St, Key West, FL 33040

    • 2.39 Acres
    • $156,904 per Acre

    Great Opportunity and location. 25X60 deep water slip.

    Marc Ulanowski Equestrian Sotheby's International Realty Inc.

    6810 Front St, Key West, FL 33040
  • /5

    $1,095,000 Lot/Land

    416 Applerouth Ln, Key West, FL 33040

    Prime Vacant Lot in Historic Old Town Key West - Rare Opportunity! Located in a vibrant community with rich history, this vacant lot offers endless possibilities for development.

    Jenny Perry Preferred Properties (KW)

    416 Applerouth Ln, Key West, FL 33040
  • /9

    $850,000 Lot/Land

    1720 United St, Key West, FL 33040

    Welcome to 1720 United Street -- a rare opportunity to own a spacious, build-ready lot in one of Key West's most desirable residential neighborhoods. Surrounded by mature palms and tropical greenery, this cleared parcel offers the perfect blank canvas to design your island dream home. Enjoy the quiet charm of a well-established neighborhood while being just minutes from beaches, restaurants,

    Jaime Caballero Key West Vacation Properties & Realty, LLC (KW)

    1720 United St, Key West, FL 33040
  • /12

    $299,000 Lot/Land

    5555 College Rd Unit 10, Key West, FL 33040

    Incredible chance to own a premier slip in the private/gated Sunset Marina. Located at the end of the Sailfish pier, this 50' by 20' slip allows stress free docking and direct open water access for a wide range of boats. The slip is equipped with its own metered water, electric, and a lockable dock box to store items. HOA fees cover access to parking, the heated pool, spa, and clubhouse. In the

    Mason Kelly Expert Realty LLC (HQ)

    5555 College Rd Unit 10, Key West, FL 33040
  • /7

    $399,000 Lot/Land

    2 Dolphin Rd, Key West, FL 33040

    ROGO Exempt lot just 10 minutes from Key West! This spacious lot is ideal for a family home or an investor looking to capitalize on strong rental potential due to its prime location.Enjoy close proximity to Geiger Key Marina & Restaurant, Geiger Key Beach, and convenient access to Big Coppitt Boat Ramp--less than a mile away! From there, it's a straight shot to local favorites like Snipes Key and

    Austin Kimbler Expert Realty LLC (HQ)

    2 Dolphin Rd, Key West, FL 33040
  • /16

    $265,000 Lot/Land

    5555 College Rd Unit 9, Key West, FL 33040

    Rare opportunity to own one or both deeded 40' boat slips with concrete floating docks located on the T-head of the Grouper Pier at Sunset Marina--Key West's premier deep-water facility. Slips Grouper 9 & 10 each accommodate up to 43' LOA with 6 ft draft at mean low tide making it ideal for a wide range of powerboats and sailboats. Buy individually or together for 80' of linear dockage, ideal for

    Maria Sanchez LoKation Real Estate

    5555 College Rd Unit 9, Key West, FL 33040
  • /7

    $1,200,000 Lot/Land

    2330 Staples Ave, Key West, FL 33040

    Graciela Lozano KeysLifestyle Real Estate (KW)

    2330 Staples Ave, Key West, FL 33040
  • /41

    $825,000 Lot/Land

    2950 Overseas Hwy Unit 2, Key West, FL 33040

    Oceanside Elegance Awaits - Your Ultimate Waterfront RetreatDiscover an unparalleled waterfront escape with this brand-new Luxury Canal-front Platinum RV Lot 2, thoughtfully designed to accommodate RVs of all sizes. This premium lot boasts an expansive Tiki Hut, adorned with custom handcrafted wooden cabinets and modern Trex decking, creating an inviting outdoor sanctuary.Indulge in top-tier

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 2, Key West, FL 33040
  • /48

    $689,000 Lot/Land

    2950 Overseas Hwy Unit 24, Key West, FL 33040

    **Welcome to Lot 24 at Bluewater Luxury RV Resort - a premier destination for upscale RV living in the Florida Keys.**This deeded Tropical Luxury RV lot offers the perfect blend of comfort, convenience, and elegance in a lush tropical setting. Spacious and level, the lot easily accommodates an RV or motorhome and is surrounded by vibrant landscaping, swaying palms, and colorful flowers.Designed

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 24, Key West, FL 33040
  • /18

    $489,000 Lot/Land

    5555 College Rd Unit 9, Key West, FL 33040

    Discover an extraordinary opportunity to embrace the live aboard lifestyle at Sunset Marina with this spacious 60 ft x 20 ft boat slip with he ability to dock a 65ft boat, located on the coveted Barracuda Pier. This slip not only provides a comfortable living space but also serves as a profitable income-generating asset, making it an ideal investment for boating enthusiasts and investors

    Justyn Ewald Expert Realty LLC (HQ)

    5555 College Rd Unit 9, Key West, FL 33040
  • /20

    $270,000 Lot/Land

    5555 College Rd Unit 1, Key West, FL 33040

    Now just - $270,000!Sunset Marina Grouper #1: Key West deep water 45' boat slip with a state-of-the-art boat lift.Located in a protected section of picturesque Sunset Marina, you'll enjoy quick in and out, to open water for all your boating adventures. Fully deeded with bay bottom ownership, the 40' slip can accommodate a boat up to 45' fore-to-aft and 6' draft. Included in the sale is a nearly

    Vic Musmanno Coldwell Banker Schmitt Real Estate Co. (KW)

    5555 College Rd Unit 1, Key West, FL 33040
  • /36

    $799,000 Lot/Land

    2950 Overseas Hwy Unit 36, Key West, FL 33040

    Welcome to the epitome of luxury RV living at the Bluewater Luxury RV Resort, where the Tropical Luxury RV lot 36 offers a prime deeded piece of real estate designed to offer discerning travelers a luxurious and comfortable stay amidst a tropical oasis.This spacious and well-appointed lot provides an ideal setting for an RV or motorhome, with premium amenities and services to cater to the needs

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 36, Key West, FL 33040
  • /2

    $249,000 Lot/Land

    6810 Front St, Key West, FL 33040

    • 2.39 Acres
    • $104,184 per Acre

    23x47 deep water slip minutes from Key West. Experience the old charm of the Florida Keys at Safe Harbour marina. The marina offers security, laundry and shower facilities as well as plenty of parking. The marina is adjacent to Hog Fish Bar and Grill.

    Marc Ulanowski Equestrian Sotheby's International Realty Inc.

    6810 Front St, Key West, FL 33040
  • /17

    $219,999 Lot/Land

    5555 College Rd Unit 5, Key West, FL 33040

    Well-positioned 30' wet slip located at Sunset Marina on the gated side of the property. This floating concrete dock can accommodate a vessel up to 35' in length and offers deep water access with a 6' control depth -- perfect for easy navigation to both the Gulf and Atlantic waters.Sunset Marina is a full-service marina with on-site fuel, bait, and marina store. Owners enjoy access to secured

    Jimmy Lane Island Life Realty Experts

    5555 College Rd Unit 5, Key West, FL 33040
  • /15

    $839,000 Lot/Land

    1920 Patterson Ave, Key West, FL 33040

    Primed and Cleared Vacant lot ready for a New build - Excellent Midtown Location with easy access to downtown, excellent schools and New Town Shopping and Restaurants.Property used to have a structure so this has been approved by the city to build a single family and the Build Back letter is available upon request.Concrete wall surrounds entire property.Utility City Easement to the rear.Container

    Suzanne Moore Suzanne Moore Real Estate

    1920 Patterson Ave, Key West, FL 33040
  • /13

    $149,900 Lot/Land

    1801 N Roosevelt Blvd, Key West, FL 33040

    • 0 Acre

    Very nice well maintained 34' Trojan Houseboat located in Central Key West.All fiberglass, very dry. Very efficient design with plenty of storage. Walk around bed in master stateroom. Two twin size bunks in the lower berth for guests. Standard head with shower and vanity. Galley and Salon area. Front and rear decks at the main level with a nice sized mid-deck and a great upper deck for

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd, Key West, FL 33040
  • /8

    $139,900 Lot/Land

    1801 N Roosevelt Blvd Unit Marlin 22, Key West, FL 33040

    • 0 Acre

    Affordable waterfront living in Key West !Custom Made House Boat in a beautifully located liveaboard slip in City Marina in the center of Key West.Low slip fee of $ 679 per month covers free pump out ,2 parking passes, 2 clean laundry and bath facilities, patrolled security. Located on a state of the art floating dock. Call agent for details.

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd Unit Marlin 22, Key West, FL 33040
  • /3

    $859,500 Lot/Land

    3705 Eagle Ave, Key West, FL 33040

    Build your Key West dream from the ground up! This rare, vacant 6,000sf lot sits on one of the most desirable blocks of Eagle Avenue in New Town - an established, residential neighborhood known for its tranquility and convenience. With beneficial use already approved by the City of Key West Planning Department, the groundwork is in place to move forward with confidence and ease. Create a custom

    Terri Spottswood Truman & Co. (KW)

    3705 Eagle Ave, Key West, FL 33040
  • /7

    $420,000 Lot/Land

    256 Mars Ln, Key West, FL 33040

    The current 1,310 sq ft mobile home can be removed, giving you a clean slate of LAND to build your ideal coastal retreat. This 5,190 sq ft waterfront lot offers direct canal access and a solid concrete seawall--perfect for swimming, fishing, or launching your kayak. Located 10 minutes from Key West and just 0.5 miles from the iconic Geiger Key Marina and Restaurant.

    Monique Thiel Sunshine State Realty Services

    256 Mars Ln, Key West, FL 33040
  • /4

    $119,000 Lot/Land

    1801 N Roosevelt Blvd, Key West, FL 33040

    • 0 Acre

    The most affordable living accommodation in all of Key West. The 1993 Catalina 28' sailboat is being conveyed with a leasehold at the City's Garrison Bight Marina. The slip will accommodate a 48-50' vessel with a 12' maximum beam if a replacement is desired. Garrison Bight Marina is a liveaboard community and provides pumpout, laundry and bath facilities, 2 parking passes and patrolled security.

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd, Key West, FL 33040
  • /35

    $159,000 Lot/Land

    1801 N Roosevelt Blvd Unit Tarpon 15, Key West, FL 33040

    • 0 Acre

    AFFORDABLE WATERFRONT LIVING IN KEY WEST !Very nice 32' Custom Built floating home moored in a live aboard slip on a state of the art floating dock in central Key West.Live safely ON the water in Key West without paying millions !Well maintained. one bedroom, one bath, kitchen/dining area, living room, bath & shower,. front a rear deck/landings. Sale contingent upon Leasehold Transfer approval.

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd Unit Tarpon 15, Key West, FL 33040
  • /26

    $550,000 Lot/Land

    5950 Peninsular Ave Unit 644, Key West, FL 33040

    Best 50' Slip location in the Marina!Rents well when not personally using the slip via on-site rental mgt program.Slip can handle a 51' x 21' boat nicely...Commercial charter or fishing operations okay.Enjoy all the amenities of this gated first class resort and marina to include: six pools, fitness center, open parking, secure bath / showers, laundromat, fuel dock, dog park, on-site bar &

    Jerry Hughes Old Town Realty

    5950 Peninsular Ave Unit 644, Key West, FL 33040
  • /21

    $215,000 Lot/Land

    5555 College Rd Unit 6, Key West, FL 33040

    Ahoy, dreamers of the sea and seekers of sunshine! Welcome to Sunset Marina, 5555 College Rd, Starfish #6, Key West, FL 33040 located at mile marker 4 where the name alone sounds like a gentle sigh at the end of a perfect day. This charming marina is a true liveaboard community positively brimming with salty charm and tropical tranquility. Behold! Starfish #6 A slip measuring a cozy and capable

    Michael Sorah Truman & Co. (KW)

    5555 College Rd Unit 6, Key West, FL 33040
  • /19

    $270,000 Lot/Land

    55 Boca Chica Rd Unit 47, Key West, FL 33040

    2277 square foot RV LOT with concrete slab and a concrete block storage shed situated in the gated community of Seaside Resort Condominium. You OWN the LAND. (RV may be purchased for an additional price). Lushly landscaped which adds a soft buffer between lots. Such a bonus to have the block storage room. Additionally there's an entrance on both streets. Just 10 miles to Key West. The resort

    Donna Pezzi Keller Williams Key West Compass Realty

    55 Boca Chica Rd Unit 47, Key West, FL 33040

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Key West, FL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Key West, FL hold their value?
Yes, especially in fast-growing areas of Key West, FL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Key West, FL

Housing Trends

Median Sale Price
$1,110,000
Median Single Family Sale Price
$1,400,000
Median Townhouse Sale Price
$675,000
Median 2 Bedroom Sale Price
$860,000
Median 1 Bedroom Sale Price
$599,000
Average Price Per Sq Ft
$1,030
Number of Homes for Sale
311
Last 12 months Home Sales
383
Months of Supply
9.70
Median List Price
$1,349,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
10%
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