Fascinating describes Key West's history of salvaging, shipbuilding and sponging, for instance. If you yearn for waterfront property, it's here. Expect to pay a premium, of course. Consumers will probably find the best housing values with non-waterfront property, El Koury says. A diverse population lives peaceably together amid architectural variety in colorful Key West.
Prices reflect the prestigious location and shortage of development space.
Key West is divided into Old Town and New Town. The homes in the historic district are more valuable because of the shortage of remaining land and the heritage value. No existing golf course property is available. Climate and great water sports like diving, fishing and boating draw residents and newcomers to this area. Even the names of the islands served by the Marathon and Lower Keys Association of Realtors are colorful.