CASA CASELLES
Homes for Sale in Key West, FL

Community in Key West · Monroe County · ZIP 33040
Median sale $1.39M
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True comps, carrying-cost math, and listings before the portals.

Built fromLive floridakeys data27 years of closingsUpdated twice daily
Live · CASA CASELLES Housing Pulse floridakeys + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.39M
Median sold · 12 mo
87.3%
Sale vs ask
Monroe median: 91.8%
Tempo
51days
Median DOM · closed
35 days at the 2021 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
0%
Cash buyers · CASA CASELLES
0 of 4 sales, 12 mo ending July 2026
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Casa Caselles sits inside Key West, Monroe County — a market defined by extreme land scarcity, no inland expansion, and a permanently constrained housing supply. At a median price just under $1.4 million, this is unambiguously a luxury-tier community, and the price reflects the geography more than any single feature: Key West land does not get cheaper over time, and every closed transaction here is priced against that reality.

With only four closings in the current window and a median days-on-market of 51, the pace is measured. Sellers are not panicking, but buyers have enough time to do proper due diligence — flood zone verification, insurance cost modeling, and structural inspection. That 51-day absorption figure is a signal to sellers that aggressive pricing will sit; buyers should interpret it as modest negotiating room on overpriced listings, not a distressed market.

The 60-Second Overview

CASA CASELLES market snapshot (as of July 27, 2026): the median sale price is about $1.39M, and a median 51 days on market for closed sales.

Casa Caselles occupies one of the most supply-constrained real estate environments in Florida, where the median price reflects island-market fundamentals — no current MLS-identified shared amenities means value is carried almost entirely by the property itself and its Key West address.

Best for

  • Buyers with a budget comfortably above the mid-$1.3 million median who want a primary or secondary residence in a permanently supply-constrained island market.
  • Investors focused on long-term hold strategies who have already stress-tested Key West insurance and carrying costs against projected rental or appreciation scenarios.
  • Buyers who prioritize the Key West location itself over community amenities and are prepared to evaluate each property on its individual merits — lot, elevation, and condition.

Probably not for

  • Buyers whose maximum budget is at or just below the median price — thin margin above $1.39 million leaves little room for negotiation or unexpected inspection findings.
  • Buyers expecting a community with organized shared amenities; current MLS data identifies none, and value here is property-specific rather than amenity-driven.
  • Anyone who needs to sell or refinance within a short horizon and cannot absorb the 51-day typical marketing period plus potential price discovery in a low-volume market.

Windows contain 0 to 5 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Monroe County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$5,590/mo
Monroe County typical true cost to own
$365/mo
Monroe County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

If we were buying in CASA CASELLES today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 CASA CASELLES.

Best Buy
Buyers seeking a Key West address with equity built on scarcity, not speculative growth.
Biggest Risk
Carrying costs — insurance, maintenance, and flood compliance — can materially exceed mainland expectations.
Sweet Spot
A buyer who has already modeled total annual cost of ownership, not just the purchase price.
Avoid If
You need a quick exit — 51 median days on market means liquidity here is deliberate, not instant.

What the numbers actually say

A four-closing sample is thin by any analytical standard, so the median price near $1.39 million should be treated as a directional benchmark, not a precise valuation floor or ceiling. Price spread within small Key West communities can be wide — condition, lot configuration, elevation certificate status, and proximity to water all move individual transactions meaningfully around any median figure. Do not anchor a purchase offer or a list price to this median without a full comparable analysis.

No community amenities are identified in current MLS listings, which is common in older Key West neighborhoods where the amenity is the location itself — walkability to Duval Street, access to the harbor, and the broader Key West lifestyle infrastructure. Buyers should budget separately for the carrying costs that define island ownership: wind and flood insurance premiums, HVAC maintenance in a salt-air environment, and any deferred coastal hardening. These line items materially affect total cost of ownership and should be stress-tested before contract.

The location and the amenities are priced into every listing in CASA CASELLES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Monroe County transactions carry layers that mainland Florida deals do not — FEMA flood map interpretation, elevation certificate review, and insurance market navigation are not optional extras here, they are core deal work. Momentum brings a disciplined, numbers-first approach to a market where emotional buyers routinely overpay and underprepared sellers leave money on the table. In a community where the closing volume is this thin, knowing which comparables actually apply — and which are outliers — is the difference between a sound transaction and a costly mistake.

CASA CASELLES in 15 seconds.

Best forBuyers seeking a Key West address with equity built on scarcity, not speculative growth.
Biggest advantageSupply constraint is structural — Monroe County cannot build its way out of demand.
Biggest riskCarrying costs — insurance, maintenance, and flood compliance — can materially exceed mainland expectations.
Sweet spotA buyer who has already modeled total annual cost of ownership, not just the purchase price.
Avoid ifYou need a quick exit — 51 median days on market means liquidity here is deliberate, not instant.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed CASA CASELLES sales matched to your home.

What is your CASA CASELLES home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in CASA CASELLES?
The median sale price in CASA CASELLES was $1.39M over the 12 months ending July 27, 2026 (4 closed sales, floridakeys).
How long do homes in CASA CASELLES take to sell?
Homes that closed in the 12 months ending July 27, 2026 took a median 51 days on market (4 sales, floridakeys).
Do cash buyers compete in CASA CASELLES?
Cash buyers took 0% of CASA CASELLES sales in the 12 months ending July 2026 (0 of 4 closings, floridakeys).
Who is the best real estate agent for CASA CASELLES?
The best agent for CASA CASELLES is one who actively works Key West and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for CASA CASELLES.
How do I find a top Key West real estate agent who knows CASA CASELLES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows CASA CASELLES and the wider Key West area.
Can Momentum Realty connect me with an agent for CASA CASELLES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your CASA CASELLES purchase or sale - no call center and no pressure.
Buyers with a budget comfortably above the mid-$1.3 million median who want a primary or secondary residence in a permanently supply-constrained island market.Excellent fit
Investors focused on long-term hold strategies who have already stress-tested Key West insurance and carrying costs against projected rental or appreciation scenarios.Excellent fit
Buyers who prioritize the Key West location itself over community amenities and are prepared to evaluate each property on its individual merits — lot, elevation, and condition.Excellent fit
Buyers whose maximum budget is at or just below the median price — thin margin above $1.39 million leaves little room for negotiation or unexpected inspection findings.Probably not
Buyers expecting a community with organized shared amenities; current MLS data identifies none, and value here is property-specific rather than amenity-driven.Probably not
Anyone who needs to sell or refinance within a short horizon and cannot absorb the 51-day typical marketing period plus potential price discovery in a low-volume market.Probably not

Data sources & freshness

Community market statsfloridakeys closed sales, 12-month windows ending July 27, 2026
Historical depthClosed-sale records back to 1999 (43 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 floridakeys 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.

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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 floridakeys member average and 8 days faster, and we’ll price yours against live your area comps.

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