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Key Colony Real Estate for Sale, Homes and Condos in the Florida Keys

Key Colony real estate for sale is some of the most luxurious in the Florida Keys.  The vast majority of homes in Key Colony are waterfront properties.  Options include those Key Colony homes that are directly on the ocean, and those that are located on the many canals in the area that give homes pristine views and easy access to the Atlantic Ocean and the Gulf of Mexico.  Most lots for sale in Key Colony are quite large and include boat dockage for residents’ use.  Homes in Key Colony Beach typically sell in the millions of dollars, but there are also very affordable homes as well.

Popular Searches for Key Colony, FL

These are the most popular Key Colony real estate searches. The categories below can help you simplify your searches by accessing the listings you are looking for with quick links, for more specific Key Colony MLS searches please use our advanced search to help you pin point the the exact property you are looking for.

Currently as of today April 27, 2024 there are 32 homes for sale in Key Colony, 31 of those houses are waterfront MLS listings. Key Colony also has 30 condos for sale and 29 of those condo listings are waterfront properties for sale. These Realtor listings are in 18 different neighborhoods in this Florida Keys city. This changes daily so be sure to sign up for email alerts, or contact a Key Colony Realtor from our team of experts.


18 Communities in Key Colony, Florida

Avg Price # For Sale Neighborhood Mile Marker Min Price Max Price
$620,271 7 Casa Clara MM 53.50 $565,000 $649,000
$1,250,000 1 Castillo Del Sol MM 53.50 $1,250,000 $1,250,000
$653,000 4 Cay Condo MM 53.50 $589,000 $709,000
$9,413,166 6 Coury Subdivision MM 53.50 $1,995,000 $17,985,000
$250,000 1 Golf Club MM 53.50 $250,000 $250,000
$1,694,988 9 Key Colony Beach 1st Addn Amd Plat MM 53.50 $799,900 $3,980,000
$2,403,166 6 Key Colony Beach 2nd Addn MM 53.50 $790,000 $4,999,000
$792,245 4 Key Colony Beach Club MM 53.50 $745,000 $829,000
$1,299,000 1 Key Colony Beach Yacht MM 53.50 $1,299,000 $1,299,000
$1,306,934 16 Key Colony Beach MM 53.50 $584,000 $2,499,000
$748,833 3 Key Colony Beach Botel MM 53.50 $397,500 $999,000
$1,195,000 1 Key Colony Point MM 53.50 $1,195,000 $1,195,000
$1,212,000 2 Marina Subdivision MM 54.00 $799,000 $1,625,000
$1,055,000 3 Monte Christo MM 53.50 $895,000 $1,175,000
$446,400 5 Sea Isle Condominium MM 53.50 $349,000 $567,000
$1,100,000 1 Stevens Subdivision MM 53.50 $1,100,000 $1,100,000
$529,900 1 Tall Ocean Beach MM 53.50 $529,900 $529,900
$1,724,000 1 The Residences MM 53.50 $1,724,000 $1,724,000
Key Colony, Florida

Current Key Colony Market Statistics as of 04-27-2024

Total Listings Type Lowest Price Highest Price Avg Price
32 All Homes $397,500 $17,985,000 $3,039,323
31 Homes - Waterfront $629,000 $17,985,000 $3,124,543
30 All Condos $250,000 $1,724,000 $753,692
29 Condos - Waterfront $349,000 $1,724,000 $771,061

About Key Colony

Key Colony is a small city within the Middle Florida Keys, located at mile marker 53.5 on the Overseas Highway.  The city is connected to the highway via a small bridge.  There are nearly 900 permanent residents in Key Colony, though the population swells during the peak season with tourists. 

Most of Key Colony Beach lies on Shelter Key.  Before the early 1950s, the island was 97-acres of low lying land.  Then Phil Sadowski dredged extensively around the island.  This dredging increased the land size of Shelter Key and increased its height to six feet above sea level.  These changes made Shelter Key ready for development, including the community of Key Colony Beach.  Between 1956-1957 the area of Marathon initiated discussions over incorporating the entire area, including Sadowski’s developments on Shelter Key/Key Colony Beach.  Sadowski, unhappy with his work potentially being taken over by Marathon, made the moves to incorporate Key Colony Beach as its own independent city.  The legislation passed in June of 1957, and Key Colony Beach became a city.

Called the “Gem of the Florida Keys,” Key Colony Beach is a fantastic city.  Its amazing waterfront vistas, and expansive waterfront homes make real estate in Key Colony Beach some of the most exclusive and sought after in the Florida Keys.

Broker's Edge Realty
92300 Overseas Hwy Suite 303
Key Largo, Florida 33070

1(800) 692-3605
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