Caribbean Keys
Homes for Sale in Boca Raton, FL
All 1,833 homes for sale in Boca Raton, FL · median $580,000 · 138 homes for sale in 33487 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
As of October 2026, Caribbean Keys in Boca Raton, FL has 2 homes for sale. Over the 12 months ending 2026-08-10, 5 recorded sales closed at a median of $2,500,000, $1,080 per square foot, a median 37 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 1962–2025 with 1 new construction; 3 listings state no HOA; 8 of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $46,800 ($46,020 with the full homestead exemption).
Last 30 days in Caribbean Keys: 1 new listing (median asking $2,429,000), 1 closed sale (median $1,850,000). As of October 20, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Homes For Sale Right Now in Caribbean Keys
Live MLS inventory for Caribbean Keys. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Caribbean Keys listings as of 2026-10-19, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.
Caribbean Keys right now
🟡 Balanced market. 4.8 months of supply and 33% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of August 10, 2026. Confidence: Medium (3 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Caribbean Keys market snapshot (as of August 10, 2026): the median sale price is about $2.50M ($1080 per sq ft over the trailing 12 months of closed sales), a median 37 days on market for closed sales, and 4.8 months of supply, a balanced market.
In ZIP 33487 (Boca Raton), 475 homes closed in the last 12 months at a median of $790K ($430/sq ft), up 8.9% year over year, with a median 52 days on market. Right now 89 active and 27 pending listings put supply at about 4.0 months — a balanced market. See the live ZIP 33487 housing market and the Palm Beach County market.
Flood zones in Caribbean Keys: of 8 listing addresses checked against the FEMA National Flood Hazard Layer, 100% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Boca Raton.
Caribbean Keys is a community of 119 homes in Boca Raton, Palm Beach County, built between 1957 and 2025 (median 1973.0), with a median living area of about 2,166 square feet. 61% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Caribbean Keys. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Caribbean KeysPhotos from Beaches MLS listings in Caribbean Keys; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 10 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($2.50M) IS the median in the snapshot above.
Windows contain 0 to 7 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
21% of homes for sale in ZIP 33487 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Caribbean Keys Market Scorecard
Caribbean Keys is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $2,429,000, and homes go under contract in about 32 days.
Typical home value in the 33431 ZIP is $646,500, about 26.5% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Caribbean Keys on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Life at Caribbean Keys
- Boating · reported on 1 of 6 listings
Community amenities as reported across Beaches MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- J. C. Mitchell · Elementary
- Boca Raton Community · Middle
- Boca Raton · High
Zoned schools reflect the assignments reported on recent Caribbean Keys listings and can change; always confirm with Palm Beach County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Caribbean Keys address.
Shop the zone: Homes zoned for Boca Raton High School
Recent Developments in Caribbean Keys
Development, infrastructure, retail, and school activity affecting Caribbean Keys, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Builder Activity
Ocean One breaks ground with 371 rental residences on North Federal Highway in Boynton Beach
Hyperion Group, Winter Properties, WREP and Silverstein Properties held a groundbreaking on October 6 for an eight-story, 371-unit rental project at 114-222 North Federal Highway. The project includes about 25,500 square feet of retail and a $108 million construction loan, with up to $11.5 million in CRA tax increment funding. Completion is estimated for late 2028.
What it may mean for the marketAdds rental inventory and ground-floor retail to downtown Boynton Beach near the Federal Highway corridor. The project is about 9 miles north of Caribbean Keys, elsewhere in Palm Beach County.
Source: Florida YIMBY - September 2026Parks & Amenities
$280M Palm Beach County parks bond on November ballot would fund fieldhouse, new parks and upgrades
The $280 million bond on the November 3 ballot would be repaid at 5 cents per $1,000 of taxable value over 20 years. Projects include a multisport fieldhouse at Okeeheelee Park, a 125-acre off-highway-vehicle complex near 20-Mile Bend, a 136-acre Sansbury Way Park and a 90-acre Lantana District I Park. The project list may change.
What it may mean for the marketIf approved, the bond would add and upgrade county recreation amenities, including indoor sports space near Okeeheelee Park. The project is about 18 miles north of Caribbean Keys, elsewhere in Palm Beach County.
Source: Stet News - September 2026Civic
Palm Beach County puts $175M library bond on November 3 ballot to replace Main Library
Voters will decide on November 3 whether to authorize a $175 million library bond. It would fund a roughly $150 million, 150,000-square-foot replacement for the 1972 Main Library on Summit Boulevard, renovations at 18 branches and completion of a 19th branch in Hypoluxo. The bond needs a simple majority.
What it may mean for the marketIf approved, the bond would upgrade public library facilities across the county's library taxing district and add a branch in Hypoluxo. The project is about 18 miles north of Caribbean Keys, elsewhere in Palm Beach County.
Source: Hoodline - August 2026Parks & Amenities
Delray Beach sets $59.19M guaranteed maximum price for Pompey Park renovation
The city manager's annual report says the city approved a guaranteed maximum price of $59.19 million for the Pompey Park renovation, nearly $4 million below the original estimate. Groundbreaking is scheduled for September 2026. The report also lists a roughly $287 million water treatment plant with completion expected in 2028.
What it may mean for the marketA major park renovation would upgrade recreation amenities in west central Delray Beach once construction is complete. The site is about 5 miles north of Caribbean Keys.
Source: Boca Post - June 2026Development
Alton Delray in Delray Beach Breaks Ground with $92 Million Construction Loan
Kolter Multifamily broke ground on Alton Delray, a 386-unit multifamily community across six-story buildings on a 12.31-acre former industrial site at 2101 S. Congress Avenue, backed by a $92 million construction loan from Madison Realty Capital. The plan includes 154 workforce housing units under Florida's Live Local Act and 232 market-rate units, with delivery expected in late 2027.
What it may mean for the marketA 386-unit rental community converts a former industrial parcel into new multifamily supply on the Congress Avenue corridor and adds workforce and market-rate housing to the Delray Beach market. The project is about 3 miles northwest of Caribbean Keys, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach
Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.
What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 9 miles north of Caribbean Keys, elsewhere in Palm Beach County.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Caribbean Keys buying strategy.
If we were buying in Caribbean Keys today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Caribbean Keys.
A closer look at the Caribbean Keys market
At a median of $1080 per square foot, Caribbean Keys prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 4.8 months of supply, a balanced market. Homes that do trade take a median 37 days on market, useful leverage on any listing that has lingered.
The housing stock is 119 homes built between 1957 and 2025, and 61% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Caribbean Keys. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Caribbean Keys buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.7). Basis: Liquidity & Demand 4.8 months of supply; Owner Commitment 61% owner-occupied; Pricing Power 93.7% sale-to-list. Refreshed with each data update.
What it really costs to own in Caribbean Keys
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $24,599/yr across 9 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Palm Beach County is $1,753/yr (18,387 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 8 listing addresses checked against the FEMA flood map, 0% sit outside the high-risk zone and 100% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 1978 across 9 listings. An original roof here would be about 48 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Caribbean Keys
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Caribbean Keys
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Caribbean Keys will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Caribbean Keys buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caribbean Keys sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Caribbean Keys, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Caribbean Keys home worth?
Get a no-obligation home value based on real comparable sales in Caribbean Keys, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Boca Raton →
Recently off market in CARIBBEAN KEYS
Homes in CARIBBEAN KEYS that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 7 on record.
- 5567 Rico Drive · off market
- 5600 Coastal Drive · off market
- 5635 Rico Drive · off market
- 5798 NE 7th Avenue · off market
- 5800 NE 7th Avenue · off market
- 760 Havana Drive · off market
- 798 Havana Drive · off market
| Location | Boca Raton, Palm Beach County, FL · ZIP 33487 |
|---|---|
| Homes in the community | 119 (FL DOR 2025 assessment roll) |
| Years built | 1957–2025 (median 1973.0) |
| Typical living area | 2,166 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | None, Security System, Fire Alarm, Security Lights |
| Sale prices, last 12 months | $2,500,000 median across 5 closed sales · $1080 per sq ft |
| Days on market (closed sales) | 37 median |
| For sale right now | 2 active, 1 pending · median asking $2,072,500 · 4.8 months of supply |
| Owner-occupied (homestead) share | 61% |
Data as of August 10, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Caribbean Keys key facts,” movewithmomentum.com/neighborhoods/caribbean-keys-boca-raton, data as of August 10, 2026.
Housing distress & ownership in CARIBBEAN KEYS, Boca Raton
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
Just listed in Caribbean Keys
The newest homes for sale in Caribbean Keys right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 787 Havana Drive $2,429,000 · 4 bd · 2.5 ba · 2,134 sq ft · 4 days on market Courtesy of Keyes
- 857 Havana Drive $6,000,000 · 5 bd · 4.5 ba · 4,057 sq ft · 32 days on market Courtesy of Ocean Luxury Properties LLC
- 5660 Nassau Drive $2,195,000 · 3 bd · 2 ba · 1,937 sq ft · 136 days on market Courtesy of Lynn Realty Group
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Caribbean Keys Boca Raton Right Now (3)
All 3 active and pending Caribbean Keys Boca Raton listings with a detail page, newest first, refreshed twice a day from the MLS.
- 787 Havana Drive · $2,429,000 · 4 bd / 2.5 ba · listed Oct 16, 2026 · listed by Keyes
- 857 Havana Drive · $6,000,000 · 5 bd / 4.5 ba · listed Sep 19, 2026 · listed by Ocean Luxury Properties LLC
- 5660 Nassau Drive · $2,195,000 · 3 bd / 2 ba · listed Jul 22, 2026 · listed by Lynn Realty Group
Recently sold in Caribbean Keys Boca Raton
- 5800 Ne 7Th Avenue · sold $1,850,000
- 798 Havana Drive · sold $5,600,000
- 5798 Ne 7Th Avenue · sold $2,500,000
- 5600 Coastal Drive · sold $6,125,000
- 5635 Rico Drive · sold $2,495,000
- 5567 Rico Drive · sold $1,850,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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Boca Raton guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Palm Beach County)
- Homestead exemption (Palm Beach County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
Real estate agent in Boca Raton? Join Momentum in Boca Raton: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- NE 7Th Avenue (7 homes on record)
Frequently Asked Questions
What is the median home price in Caribbean Keys?
How long do homes in Caribbean Keys take to sell?
Is Caribbean Keys a buyer's or seller's market right now?
How many homes are in Caribbean Keys?
What share of Caribbean Keys is owner-occupied?
When were the homes in Caribbean Keys built?
Who is the best real estate agent for Caribbean Keys?
How do I find a top Boca Raton real estate agent who knows Caribbean Keys?
Can Momentum Realty connect me with an agent for Caribbean Keys?
Where is Caribbean Keys, and what county is it in?
Is Caribbean Keys a good place to live?
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: October 19, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending August 10, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 33487)) |
| Under-contract shares | Beaches MLS records, as of 2026-08-10 |
| Historical depth | Closed-sale records back to 2001 (90 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how CARIBBEAN KEYS fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Caribbean Keys
- Home values · What homes in Caribbean Keys actually sell for
- Find an agent · How to choose the best real estate agent in Caribbean Keys
Nearby Communities
Explore more neighborhoods near Caribbean Keys with Momentum Realty’s local guides.