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New Construction Homes for Sale in Key West, FL

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  • /16

    $250,000 Lot/Land

    1801 N Roosevelt M-28 Blvd, Key West, FL 33040

    • 871 Sq Ft
    • $12,500,000 per Acre

    LIVE IN PARADISE AFFORDABLE LIVEABOARD Houseboat & Slip (Package) at Garrison Bight Marina (Houseboat Row). It's a Leasehold to the City of Key West and with the Transfer of Title to your name. NO RENTALS, VRBO/AIRBNB! This community is Historic. It's a TRUE KEY WEST LIFESTYLE... POF CASH ONLY! If your ready to enjoy life and have a crash pad in the Florida Keys, then come and see this one.

    Agent Photo

    Annie Rivera

    Berkshire Hathaway Florida Realty

    (877) 517-4449

    1801 N Roosevelt M-28 Blvd, 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

    Agent Photo

    Austin Kimbler

    Expert Realty LLC (HQ)

    (305) 686-2245

    2 Dolphin Rd, Key West, FL 33040
  • /17

    $325,000 Lot/Land

    5950 Peninsular Ave Unit 708, Key West, FL 33040

    A beautiful 45' liveaboard slip at Oceanside Marina in Oceans Edge Resort offers direct deep-water access to the Atlantic Ocean, making it the perfect Key West retreat for passionate boaters. Whether you're seeking a vacation escape, a full-time waterfront lifestyle, or an ideal home base for a charter business, this slip delivers exceptional versatility. Owners enjoy full access to the resort's

    Agent Photo

    Cardenas & Krug Team

    Coastal Collection Real Estate Inc.

    (888) 373-6027

    5950 Peninsular Ave Unit 708, Key West, FL 33040
  • /24

    $799,000 Lot/Land

    22 Cactus Dr, Key West, FL 33040

    • 8,276 Sq Ft
    • $4,205,263 per Acre

    Build your dream waterfront home at 22 Cactus Drive in Big Coppitt Key. The hard work has already been done--existing structure removed, ROGO exempt, Dock Permit and designed plans ready to build as-is or customize to your vision.The plans feature an elevated coastal residence with over 3,500 sq ft of living space, designed for effortless indoor-outdoor living with expansive decks, pool, and

    Agent Photo

    Tommy Mack

    Coastal Collection Real Estate Inc.

    (855) 765-6335

    22 Cactus Dr, Key West, FL 33040
  • /45

    $4,375,000 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 Marinucci Serhant

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

    $4,375,000 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 Marinucci Serhant

    231 E Shore Dr Unit 5, Key West, FL 33040
  • /47

    $4,250,000 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 Marinucci Serhant

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

    $4,375,000 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 Marinucci Serhant

    231 E Shore Dr Unit 6, Key West, FL 33040
  • /53

    $1,175,000 Lot/Land

    2950 Overseas Hwy Unit 63, Key West, FL 33040

    Rare Platinum RV Lot in Prestigious Bluewater Key - Bayside Lot #63Opportunities like this are truly rare. Located in the highly sought-after Bluewater Key RV Resort in Saddlebunch Key, Bayside Lot #63 offers an exceptional luxury RV lifestyle just minutes from Key West, within one of the top-ranked RV resorts in the United States.This Platinum Lot is among the most extensively improved sites in

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 63, Key West, FL 33040
  • /60

    $1,000,000 Lot/Land

    2950 Overseas Hwy Unit 37, Key West, FL 33040

    • 4,356 Sq Ft
    • $10,000,000 per Acre

    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
  • /10

    $425,000 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

    Anneliese Dietrick Coldwell Banker Schmitt Lower Keys (KW)

    6 Beach Dr, Key West, FL 33040
  • /4

    $299,000 Lot/Land

    5555 College Rd Unit 4, Key West, FL 33040

    55' X 18' floating boating boat slip at Sunset Marina in Key West. Quality slip located on the leeward side of Key West, has deep water 6' draft and no bridges. Since this is a deeded condominium property it allows use of the 1/8 mile newly constructed private waterfront boardwalk for viewing marine life, taking a stroll or walking your dog. The pool and hot tub are at your disposal along with

    James Spreitzer RE/MAX Keys Connection (KW)

    5555 College Rd Unit 4, Key West, FL 33040
  • /48

    $649,000 Lot/Land

    2950 Overseas Hwy Unit 24, Key West, FL 33040

    • 2,613 Sq Ft
    • $10,816,667 per Acre

    **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

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 24, Key West, FL 33040
  • /10

    $285,000 Lot/Land

    5555 College Rd Unit 9, Key West, FL 33040

    OWNER FINANCING AVAILABLE!! Dock in a safe place for you vessel or liveaboard this boat slip with an overall length of 45' and width of 16' 1'. This floating concrete deep water boat slip has a 6' draft and is located in Sunset Marina in Key West, a locals favorite for 2 decades. Immediate access to gulf and easy access to Atlantic. Showers, laundry, dog walk, bike racks, convenience store, fuel

    James Spreitzer RE/MAX Keys Connection (KW)

    5555 College Rd Unit 9, Key West, FL 33040
  • /4

    $649,500 Lot/Land

    1610-1612 Dennis St, Key West, FL 33040

    • 4,791 Sq Ft
    • $5,904,545 per Acre

    SELLER FINANCING AVAILABLE! Seller willing to negotiate terms for owner financing while you develop this parcel. Options are open as Seller wants to move this property. Development opportunity now even more affordable! This property includes the rights to build duplex or attached townhomes in prime midtown location. Live in one unit and collect rental income from the other. Great proximity to

    Mark MacLaughlin R.W.A. Realty Inc

    1610-1612 Dennis St, Key West, FL 33040
  • /36

    $749,000 Lot/Land

    2950 Overseas Hwy Unit 36, Key West, FL 33040

    • 2,613 Sq Ft
    • $12,483,333 per Acre

    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

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 36, Key West, FL 33040
  • /22

    $349,000 Lot/Land

    5950 Peninsular Ave Unit 613, Key West, FL 33040

    This is a 40' wet slip available for sale (16' width). Welcome to Oceans Edge Marina & Resort home to some of the best & quickest offshore boating & fishing access in this area with no bridges where you can head out for daily fishing, boat to the Dry Tortugus, beaches/sandbars or just hang out at the dock and see who is bringing in the fresh seafood. Owners may live aboard. The marina offers dry

    Sylvia Werling Keller Williams Key West Compass Realty

    5950 Peninsular Ave Unit 613, Key West, FL 33040
  • /7

    $299,000 Lot/Land

    1801 N Roosevelt Blvd, Key West, FL 33040

    • 0 Sq Ft

    Very well maintained 2017 Trident 45' Houseboat being conveyed with a leasehold slip at City's Garrison Bight Marina.

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd, Key West, FL 33040
  • /39

    $1,100,000 Lot/Land

    2950 Overseas Hwy Unit 53, Key West, FL 33040

    Rare Gold Bayside RV Lot #53 in the exclusive Bluewater Key RV Resort on Saddlebunch Key, just 15 minutes from Key West. This spacious, highly improved lot offers beautiful open water views and a private tiki hut, providing the perfect setting to relax, entertain, and enjoy the Florida Keys lifestyle.As a designated Gold lot, the property features generous dimensions, privacy, and mature tropical

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 53, Key West, FL 33040
  • /11

    $1,100,000 Lot/Land

    2330 Staples Ave, Key West, FL 33040

    • 6,534 Sq Ft
    • $7,333,333 per Acre

    Discover a rare investment opportunity in the heart of Key West. This spacious corner duplex lot at 2330 Staples St and 1428 6th St offers incredible potential with two separate addresses and alley access for three convenient side entrances. The large lot features a charming, spacious cottage complete with a full kitchen, a bedroom with ample closet space, a stylish bathroom, and an attached

    Graciela Lozano KeysLifestyle Real Estate (KW)

    2330 Staples Ave, Key West, FL 33040
  • /40

    $1,900,000 Lot/Land

    6 Palmetto Dr, Key West, FL 33040

    • 12,855 Sq Ft
    • $6,438,273 per Acre

    Rare opportunity to own one of the only waterfront lots currently available in the Key West area -- and one of just a handful offering true canal and Gulf frontage with immediate boating access.This exceptional Gulf-front homesite offers the best of both worlds: protected canal dockage plus expansive open water access. Enjoy direct Gulf frontage, beautiful open water and bay views, and the

    Ralph Harvey LISTWITHFREEDOM.COM

    6 Palmetto Dr, Key West, FL 33040
  • /3

    $825,000 Lot/Land

    3705 Eagle Ave, Key West, FL 33040

    **NOW OFFERING OWNER FINANCING** 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

    Terri Spottswood Truman & Co. (KW)

    3705 Eagle Ave, Key West, FL 33040
  • /49

    $1,175,000 Lot/Land

    2950 Overseas Hwy Unit 64, Key West, FL 33040

    Platinum opportunities in Bluewater Key are rare -- and Bayside Lot #64 is truly one of the finest. Located in the highly sought-after Bluewater Key Luxury RV Resort on Saddlebunch Key, this bayside property delivers an elevated RV lifestyle just minutes from Key West within one of the nation's most celebrated RV resort communities.Designated as a Platinum Lot, this is one of the resort's

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 64, 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
  • /3

    $300,000 Lot/Land

    6000 Peninsular Ave, Key West, FL 33040

    Exceptional opportunity to own a dry rack boat slip accommodating vessels up to 35 feet at sought-after Stock Island Marina, offering some of the best boating access in the Florida Keys with quick, direct entry to the Atlantic Ocean. This covered, secure rack storage provides convenient launch and retrieval along with well-maintained marina facilities designed for ease and protection. Ideal for

    Rebecca Cobo Berkshire Hathaway HomeServices Knight & Gardner Realty

    6000 Peninsular Ave, Key West, FL 33040
  • /20

    $169,000 Lot/Land

    1801 N Roosevelt Blvd, Key West, FL 33040

    • 0 Sq Ft

    The ultimate waterfront living with this 34' 1987 Corker Holiday Mansion Houseboat at the City's Garrison Bight Marina. Sold together with the leasehold slip for a seamless transition into your new marina lifestyle

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd, Key West, FL 33040
  • /43

    $649,000 Lot/Land

    2950 Overseas Hwy Unit 33, Key West, FL 33040

    • 2,613 Sq Ft
    • $10,816,667 per Acre

    Welcome to Lot 33 at Bluewater Luxury RV Resort -- a premier destination for upscale RV living in the Florida Keys.This deeded Tropical Luxury RV lot offers an exceptional blend of comfort, convenience, and elegance in a lush, tropical setting. Spacious and level, Lot 33 easily accommodates your RV or motorhome and is surrounded by vibrant landscaping, swaying palms, and colorful island

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 33, Key West, FL 33040
  • /56

    $1,100,000 Lot/Land

    2950 Overseas Hwy Unit 52, Key West, FL 33040

    Rare Platinum Bayside RV Lot #52 in the exclusive Bluewater Key RV Resort on Saddlebunch Key, just 15 minutes away from Key West. This spacious, highly improved lot offers beautiful open water views and a private tiki hut, creating the perfect setting for relaxing or entertaining in your own tropical retreat.As a designated Platinum lot, this property offers generous size, privacy, and lush

    Oleksandr Khiznichenko Keller Williams Key West Compass Realty

    2950 Overseas Hwy Unit 52, 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
$1,150,000
Median Single Family Sale Price
$1,350,000
Median Townhouse Sale Price
$775,000
Median 2 Bedroom Sale Price
$840,000
Median 1 Bedroom Sale Price
$587,000
Average Price Per Sq Ft
$999
Number of Homes for Sale
291
Last 12 months Home Sales
393
Months of Supply
8.90
Median List Price
$1,350,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
8%
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