Key West
Real Estate
County moves forward on affordable housing and managed mooring field
The Monroe County Commission this week moved forward on purchasing 28 units of affordable housing, starting a sea-level rise and flooding mitigation project in Key Largo and creating a managed mooring field off of Stock Island The Board of County Commissioners, on Wednesday, May 15, approved a contract to purchase the 28 units in Key Largo from South Cliff Holdings LLC at a price of $11.9 million for workforce housing for county workers and possibly state and federal employees. The contract is different from many...
Report: Keys real estate market correction to continue
A real estate market full of paradoxes is how a recent comparison of Florida Keys property sales in 2023 to the previous year describes the past “off-year” of adjustments. “While the dollar volume of sales in 2023 was the third highest in Keys history — higher than any year prior to 2021 — the number of sales was the lowest in the past 10 years,” according to a Coldwell Banker Schmitt Realty Co. report released Feb. 22. ...
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