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For Sale


1 Blue Water Drive
Key West, FL 33040

Looking for a Tier 3 lot with beautiful bay and salt pond views to build your dream home on a slice of paradise? Look no further than this cleared, waterfront lot in Saddlebunch Shores. Located just minutes from all of the magic and amenities of Key West and also right off the Heritage Trail - great for walking, jogging & biking. This would be the perfect location for an island getaway, vacation home or forever family home. Read More

Market Status
Last Updated
October 23, 2021

Property Type
980.81 (2020)
Property Type
Lots And Land;
Additional Features

Local Market Conditions

There are currently 115 properties for sale in the Key West, FL area with the average listing price of $1,562,557. This represents a decrease of -1.6% over the previous week. The 1 bedroom homes saw the largest decrease in the average listing price over the previous week with a -6.4% decrease. To learn more about the Key West, FL area, contact a local expert!

Market Snapshot for Key West, FL

Avg. Listing Price


Wk ending Oct 23










Average Listing Price for Key West, FL
No. BedroomsNo. Beds Week Ending
(Oct 23)
w-o-w Week Ending
(Oct 16)
Week Ending
(Oct 9)
Week Ending
(Oct 2)
All PropertiesAll $1,562,557 -1.6% $1,587,439 $1,645,882 $1,670,754
1 bedroom1 BR $516,333 -6.4% $551,667 $539,167 $557,091
2 bedrooms2 BR $1,051,441 +3.5% $1,015,811 $1,114,537 $1,170,213
3 bedrooms3 BR $1,302,750 -4.4% $1,362,815 $1,368,300 $1,357,922
4 bedrooms4 BR $3,042,185 +5.3% $2,890,243 $2,832,088 $2,826,650

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Listing Provided By:

Lisa Ferringo

Coldwell Banker Schmitt R.E. - BPK

This $199,000 Land at 1 Blue Water Drive in Key West, FL is offered by Lisa Ferringo. This $199,000 Land, located in the 33040 zip code, has the following property features: Parking, Range, Floors, Additional Areas. This 1 Blue Water Drive Land is listed under MLS listing number 597453 and has a listing price of $199,000. You can find more of Lisa Ferringo's listings by browsing Lisa Ferringo homes for sale at, or even more Key West homes for sale here.

Data Provided by Marathon and Lower Keys Association of Realtors