Caribbean Keys in Boca Raton

Caribbean Keys Homes for Sale in Boca Raton, FL

Boca Raton · Palm Beach County

A small waterfront community on the Intracoastal in northeast Boca Raton, with deep-water canal homes, private docks, and reportedly no fixed bridges to the ocean.

Waterfront homesDeep-water docksNo HOA reported
Live Market Pulse
59/100
Momentum
Balanced Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
Free · No obligation
Unlock Off-Market Caribbean Keys

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive BeachesMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseBeachesMLS
$2.50M
Median Price
12mo
Supply
27days
Avg DOM
Balanced
Seller Leverage
$1080/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Caribbean Keys is a small, waterfront community of single-family estate homes along the Intracoastal Waterway in northeast Boca Raton, where the water and the dock are the scarce, durable asset. Homes are reported to sit on deep-water canals with private docks and, per third-party sources, no fixed bridges between the community and the Intracoastal, which is the prize for boaters. The buy is a waterfront-and-condition read: confirm the dock length, water depth at low tide, and the route to open water for your boat, read an older home's condition and renovation level, and comp by waterfront type, because the deep-water access cannot be reproduced."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Caribbean Keys market snapshot (as of June 15, 2026): the median sale price is about $2.5M ($1080 per sq ft), with homes averaging 27 days on market and 12.0 months of supply, a balanced market (limited data). Based on 3 recent closings in live BeachesMLS data.

Caribbean Keys is a small waterfront community on the north end of east Boca Raton (ZIP 33431), along the Intracoastal Waterway. It is reported to comprise more than 75 single-family estate homes built from the 1960s onward, on deep-water canals with private docks.

Third-party sources report direct access to deep-water canals and the Intracoastal with no fixed bridges between the community and the waterway, and docks reported to accommodate larger boats. Confirm the dock length, the water depth at low tide, and the true route and any bridges to open water for a specific home and your boat.

The homes are single-family residences reported to range widely in size, with many built decades ago and a mix of original and renovated stock. Because the community is built out, nearly every purchase is a resale where the waterfront type, the dock, and the home's condition set where it lands far more than square footage.

Third-party sources report no HOA fees here, which is a carrying-cost note worth confirming for a specific home. The location is the practical draw, a short distance to the beach, downtown Boca, and the I-95 corridor. Value turns on the water, the dock, and the home's condition; this guide reflects the community's general character, so confirm the specifics for a given home.

Best for

  • Boaters who want a private dock with deep-water canal access toward the Intracoastal
  • Buyers who value a small, established waterfront community in northeast Boca Raton
  • Buyers comfortable reading the dock, the water depth, and an older home's condition
  • Buyers who want a waterfront home reportedly without an HOA, close to the beach

Probably not for

  • Buyers who do not boat and would not use a dock or the waterfront
  • Buyers who want a gated, amenity-rich master plan or new construction
  • Buyers seeking an attainable, non-waterfront price point
  • Buyers unwilling to verify navigability, seawall, and dock condition

How Caribbean Keys is performing right now

59/100
momentum
Balanced Market (limited data)
Seller's marketBalancedBuyer's market
12Months of supplytight
13Median days on marketdays
2 : 3Under contract vs for salestrong demand
3Sold in last 12 monthsliquidity
+12%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from BeachesMLS, as of June 15, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Caribbean Keys listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Caribbean Keys buys, holds, and resells. See the five factors.

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 2026-06-15, 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.

Listing locations from BeachesMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Boca Raton beaches (Spanish River, Red Reef)~5 to 10 min · east
Mizner Park and downtown Boca Raton~8 to 15 min · south
I-95 (Glades or Yamato)~5 to 10 min · west
Town Center at Boca Raton mall~12 to 18 min · west
Florida's Turnpike (Glades Rd)~12 to 18 min · west
Palm Beach International (PBI)~30 to 35 min · north

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

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Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Caribbean Keys (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Caribbean Keys is served by Palm Beach County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Caribbean Keys address.

The takeaway

What is actually shaping value at Caribbean Keys, sourced and dated. We do not publish rumor.

Recent Developments in Caribbean Keys

Our read on what is being built around Caribbean Keys, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is scarcity: a small, built-out waterfront community with deep-water dockage and reported access toward the Intracoastal has a largely fixed supply of homes and docks. The watch items are the condition of an older housing stock and the verification of true navigability for a given home.

Deep-water canal dockage

BullishPrivate docks on deep-water canals with reported access toward the Intracoastal are scarce and durable, supporting waterfront resale value. impact
SignificanceRadius: Community

Deep-water canal dockage

Reported no fixed bridges to the Intracoastal

BullishThird-party sources report no fixed bridges between the community and the waterway, a meaningful draw for boaters; verify the true route for a specific home. impact
SignificanceRadius: Community

Reported no fixed bridges to the Intracoastal

Older waterfront housing stock

NeutralHomes built from the 1960s onward vary in condition and renovation; read each home, the seawall, and the dock closely. impact
SignificanceRadius: Community

Older waterfront housing stock

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

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 June 2026.

Showing the latest, scroll for all updates ↓

  1. Established waterfront community
    Overview

    A small Intracoastal waterfront community in east Boca

    Third-party real estate sources describe Caribbean Keys as a small community of more than 75 single-family waterfront estate homes on deep-water canals along the Intracoastal in northeast Boca Raton, with reported direct access and no fixed bridges to the waterway and no HOA. Why it matters: The deep-water dockage is the scarce, durable asset; verify the dock length, water depth, true navigability, and any HOA status for a specific home before relying on them. Source

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.

If we were buying in Caribbean Keys, this is the order of operations we would run, and the one we run for our clients.

1

Verify the dock and the water first. Confirm the dock length and condition, water depth at low tide, the seawall, and the true route and any bridges to the Intracoastal for your boat.

2

Confirm the HOA status. Third-party sources report no HOA; verify whether any association or assessment applies to the specific home.

3

Read the older home's condition. Confirm the roof, systems, and any renovation on a home that may date to the 1960s or 1970s, and budget the modernization honestly.

4

Comp by waterfront type. Price against the closest sale with similar water, dock, and frontage, not a community-wide average.

5

Budget waterfront carrying costs. Confirm wind and flood insurance, seawall and dock upkeep, and the flood zone for the specific home.

Best Buy
A sound or renovated home on a deep-water canal with a good dock and verified access toward the Intracoastal, priced to its true waterfront comps.
Biggest Risk
Misjudging navigability or dock and seawall condition, or underbudgeting the renovation of an older waterfront home.
Best Lot
Wider, deeper-water frontage with a sound seawall and dock holds value over narrower or shallower positions.
Smart Timing
Demand for scarce deep-water dockage is durable; the dock, the water, and condition matter more than timing.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Caribbean Keys is a small waterfront community on the north end of east Boca Raton along the Intracoastal Waterway, reported to comprise more than 75 single-family estate homes built from the 1960s onward on deep-water canals with private docks. Third-party real estate sources report direct access to deep-water canals and the Intracoastal with no fixed bridges between the community and the waterway, docks reported to accommodate larger boats, and no HOA fees. Because the homes are older and built out, condition and the waterfront type drive value. Confirm the dock length and condition, the water depth at low tide, the true navigability and any bridges, the seawall, the HOA status, the flood zone, and the school assignment by address for a specific home before relying on them.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: original waterfront homes
$1.85M to $2.50M

Older homes on the water needing renovation, the more attainable way onto a deep-water canal. The honest cost to modernize drives value.

Lowest entry
Core: updated waterfront homes
$2.50M to $4.53M

Renovated single-family homes on solid deep-water frontage with a sound dock, the heart of the market here. Water, dock, and condition set where these land.

Most inventory
Top: prime deep-water estates
$4.53M to $4.53M

The largest renovated homes on the best, widest deep-water frontage with strong dockage, the top of the local range. These hold value best and are the scarcest.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$1.85M to $2.50M
Entry: original waterfront homes
Older homes on the water needing renovation, the more attainable way onto a deep-water canal. The honest cost to modernize drives value.
$2.50M to $4.53M
Core: updated waterfront homes
Renovated single-family homes on solid deep-water frontage with a sound dock, the heart of the market here. Water, dock, and condition set where these land.
$4.53M to $4.53M
Top: prime deep-water estates
The largest renovated homes on the best, widest deep-water frontage with strong dockage, the top of the local range. These hold value best and are the scarcest.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Boca Raton locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Caribbean Keys

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The neighborhood and the location are nice, but the prize is the water. The deal is won or lost on the dock, the depth, the navigability, and an honest read of an older home.

Jon Brooks · Founder, Momentum Realty
8.2A- · Buy Score
Resale Strength8.4/10
Renovation Risk5.8/10
Location Efficiency8.6/10
Long-Term Defensibility8.6/10
Carrying Cost Advantage7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Caribbean Keys is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live BeachesMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live BeachesMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from BeachesMLS; for orientation, not an appraisal.

15-Second Take
  • Wider, deeper-water frontage holds value best
  • The dock, depth, and navigability are what you cannot renovate
  • Confirm the HOA status and the seawall condition
  • The deep-water access is the scarce, durable asset
  • Comp by waterfront type and confirm the flood zone

In a small built-out waterfront community, the dock and the water are the part of your money the market gives back at resale. Caribbean Keys' deep-water canals and reported access toward the Intracoastal are scarce and cannot be reproduced, while the house itself can always be renovated. Confirm the dock length and condition, the water depth at low tide, the seawall, and the true route and any bridges to open water, then price the condition of the home against its true waterfront comps rather than a community-wide average.

Caribbean Keys in 15 seconds.

Best forBoaters who want a private dock on a deep-water canal with access toward the Intracoastal in east Boca.
Strong onScarcity: a small, built-out waterfront community with deep-water dockage and reportedly no fixed bridges, minutes from the beach.
WatchThe true navigability, dock and seawall condition, the condition of an older home, and waterfront insurance costs.
Not forBuyers who do not boat, want a gated amenity master plan or new construction, or want a non-waterfront price point.
The edgeDeep-water dockage with reported open access cannot be reproduced, so the right waterfront home is the durable part of the value.

HOA, CDD & Fees

15-Second Take
  • Small, single-family waterfront community
  • Deep-water canal homes with private docks
  • Third-party sources report no HOA, confirm it
  • Verify the dock, depth, and navigability
  • The water and the dock are the durable draw

Third-party sources report no HOA fees at Caribbean Keys. Confirm whether any homeowners association or special assessment applies to a specific home, and budget the carrying cost of a waterfront home, including insurance and seawall and dock upkeep, separately.

With no reported HOA, owners would carry their own maintenance, including the seawall, the dock, and the home; confirm the arrangement and any voluntary association for a specific home. The defining benefit is the water and the dock, not an amenity package.

There is no resort-style club; the draw is the deep-water dockage and the access toward the Intracoastal. Confirm any voluntary neighborhood association or shared amenities for the specific section.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Caribbean Keys, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Caribbean Keys, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Caribbean Keys home worth?

Get a no-obligation home value based on real comparable sales in Caribbean Keys matched to your condition, lot, and view, 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 homes for sale in Caribbean Keys on the map →
Or get your Caribbean Keys home value & selling guide →

Real comps, not a Zestimate.

Caribbean Keys Market Scorecard

Balanced Market (limited data)

Caribbean Keys is currently a balanced market (limited data). About 12.0 months of supply, a median asking price of $2,380,000, and homes go under contract in about 13 days.

12.0
Months supply
$2,380,000
Median list
$2,495,000
Median sold
$1080
Per sqft
13
Days on mkt
3/2/3
Active/Pend/Sold

Typical home value in the 33431 ZIP is $639,194, about 24.6% 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.

Frequently Asked Questions

Is Caribbean Keys a waterfront community?
Yes. Caribbean Keys is reported to be a small community of single-family estate homes on deep-water canals along the Intracoastal Waterway in northeast Boca Raton, with private docks. Confirm the waterfront details for a specific home.
Does Caribbean Keys have ocean access?
Third-party sources report direct access to deep-water canals and the Intracoastal with no fixed bridges between the community and the waterway. Water depth at low tide and the true route to open water vary by home, so verify navigability for your boat on a specific property.
Does Caribbean Keys have an HOA?
Third-party sources report no HOA fees. Confirm whether any association or special assessment applies to a specific home before buying, and budget the carrying cost of a waterfront home separately.
What kinds of homes are in Caribbean Keys?
Single-family waterfront estate homes, reported to number more than 75, built from the 1960s onward and varying widely in size and renovation level. Confirm the exact home and its condition for a specific property.
Does Caribbean Keys have boat docks?
Yes. Homes are reported to have private docks on deep-water canals, with some reported to accommodate larger boats. Confirm the dock length, the water depth, and the seawall condition for a specific home.
How close is Caribbean Keys to the beach?
It is a short drive to the Boca Raton beaches, roughly five to ten minutes, with downtown Boca, Mizner Park, and I-95 all close by.
Does Caribbean Keys have a CDD fee?
It is an established waterfront community rather than a newer CDD-financed master plan, but confirm whether any association or special assessment applies to a specific parcel as a matter of course.
Should I worry about home condition?
Read it closely. On homes that may date to the 1960s or 1970s, confirm the roof, systems, seawall, and dock and any prior renovation, and budget the modernization honestly.
What schools serve Caribbean Keys?
It is part of the School District of Palm Beach County in east Boca Raton. Assignment is by address and changes periodically, so confirm the exact zoned schools for a specific home with the district.
Is Caribbean Keys a good investment?
Scarce deep-water dockage with reported access toward the Intracoastal in a small east Boca community supports durable demand, with the dock, the water, and condition driving the outcome. This is not a guarantee of future value.
Can I keep a large boat at Caribbean Keys?
Many homes are reported to have docks capable of accommodating larger boats, but water depth at low tide, the seawall, and the route to open water vary by home, so verify true capacity and navigability for your boat on a specific property.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. On a waterfront purchase where the dock, the water, and condition swing value, having your own representation is the highest-leverage decision you make.
What is the Caribbean Keys area like?
It is a small, established, single-family waterfront community on the Intracoastal in northeast Boca Raton, quiet and close to the beach, downtown Boca, and I-95.
How is the commute from Caribbean Keys?
It is convenient, minutes to I-95, with the beach, downtown Boca, Mizner Park, and the Town Center mall a short drive and the airport to the north.
You want a private dock with deep-water canal access toward the IntracoastalExcellent fit
You value a small, established waterfront community in northeast Boca RatonExcellent fit
You are comfortable reading the dock, the water depth, and an older home's conditionExcellent fit
You want a waterfront home reportedly without an HOA, close to the beachExcellent fit
You will verify navigability, the seawall, and the dock before you offerExcellent fit
You do not boat and would not use a dock or the waterfrontProbably not
You want a gated, amenity-rich master plan or new constructionProbably not
You are seeking an attainable, non-waterfront price pointProbably not
You are unwilling to verify navigability and dock conditionProbably not
You are unwilling to budget waterfront insurance and seawall upkeepProbably not

Get the inside read on Caribbean Keys

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Caribbean Keys home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Caribbean Keys specialist will reach out personally, usually the same day.

BeachesMLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing photos provided by BeachesMLS, Inc. Information deemed reliable but not guaranteed.

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