1316 Royal Street # 6, Key West FL 33040, KEY WEST, FL, 33040
Active53 days on marketListed Jun 24, 2026MLS #B26044978
About this home
1316 Royal Street # 6, Key West FL 33040
Brand-new construction in one of Key West's most desirable residential neighborhoods, the Casa Marina area of Old Town, just blocks from upper Duval Street and four blocks from the beach. This 4 bedroom, 4.5 bath single-family home blends modern durability with relaxed island living, offering the ease of low-maintenance ownership in the highly sought-after X flood zone. Built in 2026 to Florida's toughest standards, the home features concrete board siding, impact doors and windows, and an elevated first floor. The construction is designed to withstand winds up to 180 MPH. Inside, spacious living areas with high ceilings flow comfortably to a private outdoor retreat with an inground pool and water features. All bedrooms are en-suite, with one located on the first floor. A $15,000 builder appliance credit allows you to choose the finishes and appliance brands, at cost, that best suit your lifestyle. Off-street parking adds everyday convenience, while reclaimed wood accents from the historic schooner Western Union bring a meaningful connection to Key West history into the architecture. Quiet, private, and close to everything, this home offers luxury, walkability, and the best of Key West living.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
2,160
Sqft
0.07 ac
Lot size
2026
Year built
2
Levels
$1,243
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$15,805 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$18,266/mo
Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Key West actives
$1,243 vs $818
Days on market
53 vs 113 typical
Where $1,243/sqft sits among the 7 Key West actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Casa Marina
Get to know Key West. See the full Key West guide →
Casa Marina — neighborhood snapshot
Population
490
Median age
60
Median income
$82,113
Median home value
$979,800
Avg household
2
Households w/ children
32%
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Key West market
$831K → $4.3M
Key West median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 7
Key West actives have cut their price
Median sold price, Key West, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 199% above the KEY WEST 33040 median. See the full Key West market guide →
Paper trail
This home's history
Reality check
What actually sold near 1316 Royal Street # 6
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$1,920,000
1116 Packer St, Key West FL 33040
3 bd · 3 ba · 1,473 sqft · $1,303/sqft · 318 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1316 Royal Street # 6 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1316 Royal Street # 6 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1316 Royal Street # 6 FAQs
What would the monthly payment be for 1316 Royal Street # 6, Key West FL 33040?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $15,805/mo — principal and interest, estimated property taxes, the $150/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1316 Royal Street # 6, Key West FL 33040?+
The association fee works out to $150 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1316 Royal Street # 6, Key West FL 33040?+
The most recent tax bill on record (2026) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1316 Royal Street # 6, Key West FL 33040?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Key West?+
At $2,685,000, this home is listed about 169% above the Key West median of $999,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1316 Royal Street # 6, Key West FL 33040?+
Key West High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
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 Miami Association of REALTORS®.
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