Homes for sale in
Key Colony, Florida
A tiny island town built for the water
3
Homes for sale
$899,995
Median list price
$992
Avg price / sqft
31
Median days on market
Key Colony Beach sits in the heart of the Florida Keys in Monroe County, a compact island community where nearly everything happens on or around the water. This is a place of canals and boat docks, where the waterfront homes and their canal access define daily life more than any street address does.
The market here is small and tight — right now there are just three active listings, and every one of them is a homes with water views property. With a median list price around $900,000 and homes moving in about a month, buyers should be ready to act; you can browse by price to gauge where the entry points fall.
Key Colony is in Monroe County, Florida.
Within a 30-minute drive
Quick facts
$749,000 – $2.3M price range
990 sqft median home
$3,200/mo median rent
Leans buyer right now
Fresh on the market
Newest homes in Key Colony
View all 3 homes →
$749,000
501 E Ocean Dr # 28, Key Colony FL 33051, KEY COLONY
2 bd · 2 ba · 972 sqft
$2,299,000$2,399,000
181 12th St, Key Colony FL 33051, KEY COLONY
3 bd · 2 ba · 1,775 sqft
$899,995
410 10th St, Key Colony FL 33051, KEY COLONY
2 bd · 2 ba · 990 sqft
3 of 3 active listings shown
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Property features
The numbers that matter
The Key Colony market
Leans buyer
9.0 months of inventory
Inventory is building — buyers have leverage and time.
5
Sold, last 12 months
$850,000
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
118 days
Median time to sell
Key Colony vs Monroe County
Median list price
Price per sqft
Days on market
Live Stellar MLS data — listings and closed sales in Key Colony, FL. Rolling medians smooth single-month swings in thin markets.
Beyond the listings
Living in Key Colony
Everything is waterfront
All three active listings sit on the water, reflecting how canal and ocean access anchor property here.
A very small market
With only three homes for sale and six sold in the past year, inventory is thin and turnover is deliberate.
Sellers hold their price
Homes closed at 96% of asking on average over the last 12 months, so lowball offers rarely land.
Compact homes, premium per foot
The median home runs about 990 sqft at roughly $992 per square foot, a reflection of the island's location.
Single-family with a condo option
The active mix is two single-family houses and one condominium, giving buyers a choice of formats.
What it really costs
Owning here
Owning the median Key Colony home
≈ $5,535/mo
$899,995 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
0%
In a FEMA flood zone
Most homes here sit outside high-risk zones
$3,200/mo
Median rent
1 homes for rent right now
Straight answers
Key Colony real estate FAQs
Is Key Colony Beach a good place to live?+
It suits people who want island life built around boating and the water — every active listing here is waterfront. It's a small, tight-knit community rather than a big-box suburb, so expect a quieter pace and a strong connection to the canals and coast.
Is Key Colony Beach expensive?+
Yes, by most standards. The median list price is about $899,995 and homes trade at roughly $992 per square foot, with the current range running from $749,000 up to $2,299,000. You can browse by price to see where listings currently sit.
What do homes cost in Key Colony Beach?+
Active listings are priced from $749,000 to $2,299,000, with a median around $899,995. Over the past 12 months six homes sold at a median price of $907,500, so recent sales line up closely with what's being asked today.
How is the Key Colony Beach housing market?+
It's small and moves steadily — six homes sold in the last year and current listings take a median of 31 days to go under contract. Sellers are getting about 96% of asking on average, which tells you pricing is firm and negotiating room is limited. Keep an eye on any just reduced listings for an opening.
What about HOA fees and property taxes?+
The median property tax runs about $6,993 per year. HOA data isn't available for the current listings, which is common in a market with only a handful of homes and a mix of single-family and condominium properties.
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Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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