Best Florida Keys To Buy in Right Now

July 17th, 2017

An investment in the Florida Keys is always a good idea. With limited inventory and total home sales on a steady upward trajectory year after year, now’s the time to consider buying your slice of subtropical paradise. From Key Largo to Key West, there’s a wide range of real estate to choose from depending on your tastes. Let us be your guide to the best Florida Keys to buy in right now.

 

exterior view of two story old town key west home

What kind of real estate is right for you?

Do you have your heart set on a classic conch cottage in Old Town Key West with gingerbread latticework or do you see yourself in a high rise condominium on the beach? Town homes and duplexes are in abundance throughout the Keys and there’s also plenty to choose from when it comes to mobile home communities. If you’re considering an investment property, there are timeshare programs, as well as vacation rental management agencies to handle the logistics.

back porch sunset key home

So where in the Keys do you want to buy?

At Mile Marker 0, Key West is the end of the road and roughly 150 miles to the mainland, approximately three and a half hours by car. This is where you buy when you want to lead the true laid back Keys lifestyle – That means beach cruisers, flip-flops, Duval Street and all the offshore pleasures of the Gulf of Mexico and the Atlantic Ocean. It’s known for having the most expensive real estate in the Keys, but that also means more opportunity for appreciation on your investment.

The farther from the center of Old Town you go, the more affordable the real estate. In New Town, you can find two- and three-bedroom single family homes on large lots that are more affordable than the small conch cottages in Old Town. You can also look at condos in the Casa Marina area along the beaches at the southern edge of the island.

Just north of Key West, Stock Island continues to develop offering a wide range of affordable properties and great value with just a short drive to Old Town.

one story home exterior florida keys

Key Largo is a great option for those who consider proximity to the mainland important. At just over an hour from downtown Miami, Key Largo makes the Florida Keys easily accessible to anyone in South Florida. It’s a great option if you’re looking to buy a vacation home to use on the weekends. Key Largo is also notable for the widest range of property value, from affordable to luxury. There are lots of classic dining destinations to enjoy and plenty of shopping stretching from Key Largo to South Dade.

Islamorada is the sport fishing capital of the world and it’s one of the most desirable keys for those who love the outdoors, especially the water. From its abundant marinas to lavish waterfront properties, excellent dining and great live music venues, Islamorada has an air of sophistication and the good life in the Upper Keys.

Located at the midway point along the Overseas Highway between Key West and the mainland, Marathon offers the best of both worlds to homebuyers. This is a quiet, residential key with a nice blend of multi-generational Keys families, longtime residents and newcomers. It offers privacy and a peaceful lifestyle at an affordable price for those looking to escape the trappings of urban life and commune with the nature that the Keys are famous for.

If your heart is set on buying a home in the Keys, chances are you’ll find the right match and make a solid investment. Welcome to paradise!