Coconut Key
Homes for Sale in Delray Beach, FL
All 1,654 homes for sale in Delray Beach, FL · median $299,950 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Joel Sanchez, Fidelity Realty Advisors Inc · via Beaches MLS
As of November 2026, Coconut Key in Delray Beach, FL has 1 home for sale. Coconut Key is a community in Delray Beach, Palm Beach County, FL. Across Delray Beach as a whole, 429 homes closed in the last 12 months at a median of $262,500, 52 median days on market, with 1,451 homes for sale today. At that median and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $4,910 ($4,140 with the full homestead exemption).
Coconut Key is a small, single-vintage community: all 71 homes date to 2002, so you are not weighing different construction eras against each other the way you do in a mixed-build neighborhood. What differentiates one listing from the next here is condition, updates, and how the floor plan lives at a median of 1,256 square feet, not age of the structure.
Inventory is the story right now. With just 1 active listing against a 6.0-month supply, this reads as a balanced market on paper, but in practice a single home for sale means a buyer has almost no comparison shopping within the community itself, and a seller has very little competition to price against. That cuts both ways: sellers get more control over timing, buyers need to move with more urgency when something does list.
Figures in this note are as of July 20, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Coconut Key right now
🟡 Balanced market. 6.0 months of supply and 0% 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 July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 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
Built out entirely in 2002, Coconut Key is a compact, gated (no guard) enclave in Delray Beach with a shared pool, cabana, and basketball court, and a homestead share just over half, pointing to a mix of full-time owners and non-homestead buyers.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Coconut Key. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Coconut KeyPhotos from Beaches MLS listings in Coconut Key; content deemed reliable but not guaranteed.
Who Coconut Key is best for.
Best for
- A buyer who wants a smaller, gated community with a single build year and straightforward maintenance history.
- A buyer comfortable with limited inventory and ready to act quickly when a Coconut Key listing appears.
- A buyer looking for a compact footprint near 1,256 square feet rather than a large single-family lot.
Probably not for
- A buyer who wants to compare multiple active listings within the same community before deciding.
- A buyer seeking an extensive amenity package beyond a pool, cabana, and basketball court.
- A buyer who prioritizes newer construction over a home built in the 2002 vintage.
The market around Coconut Key
Coconut Key is too small for its own price trend, so here is the market around it.
Across Palm Beach County, 1,171 homes are active and 476 pending (29% under contract).
ZIP and county figures describe the wider market, not Coconut Key specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Coconut Key
Live MLS inventory for Coconut Key. 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 Coconut Key listings as of 2026-11-12, 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.
Life at Coconut Key
- Pool · reported on 3 of 3 listings
- Basketball Court · reported on 2 of 3 listings
- Gated - No Guard · reported on 2 of 3 listings
- Cabana · reported on 1 of 3 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.
Recent Developments in Coconut Key
Development, infrastructure, retail, and school activity affecting Coconut Key, 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 6 miles northeast of Coconut Key, 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 site is about 14 miles north of Coconut Key.
Source: Stet News - 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 3 miles east of Coconut Key.
Source: Boca Post - July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 18 miles north of Coconut Key.
Source: MIAMI REALTORS - 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 site is about 2 miles southeast of Coconut Key.
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 7 miles northeast of Coconut Key, 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 Coconut Key buying strategy.
If we were buying in Coconut Key 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 Coconut Key.
One build year, one small footprint
With only 71 homes total and every one of them dated to 2002, Coconut Key does not require the usual due diligence on which decade a roof or system belongs to — the age question is largely answered before you tour. What still varies unit to unit is interior condition, renovation history, and how well an owner has maintained the 1,256-square-foot median footprint over more than two decades.
The amenity set is modest and functional: a pool, cabana, basketball court, and gated (no guard) access, reported across MLS listings for the community. That is not a resort-style package, and it should not be marketed as one — confirm current access and any HOA rules directly with the association before writing an offer, since guard-gated versus unguarded gate arrangements and amenity upkeep can shift over time.
The location and the amenities are priced into every listing in Coconut Key. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A community with 71 total homes and a single active listing does not behave like a large subdivision — there is no deep comp set to lean on, and timing matters more than usual. We track Coconut Key's sparse inventory directly so buyers hear about a listing early and sellers understand exactly what limited competition looks like before they price.
Coconut Key in 15 seconds.
Tools for a Coconut Key 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 Coconut Key sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Coconut Key, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Coconut Key home worth?
Get a no-obligation home value based on real comparable sales in Coconut Key, 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 Delray Beach →
Recently off market in Coconut Key
Homes in Coconut Key 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. 2 on record.
- 139 Coconut Key Lane · off market
- 147 Coconut Key Lane · off market
| Location | Delray Beach, Palm Beach County, FL |
|---|---|
| Homes in the community | 71 (FL DOR 2025 assessment roll) |
| Years built | 2002–2002 (median 2002) |
| Typical living area | 1,256 sq ft (median) |
| Amenities listed by sellers | Pool, Basketball Court, Cabana, Gated - No Guard, Security System |
| For sale right now | 1 active, 0 pending · median asking $460,000 · 6.0 months of supply |
| Owner-occupied (homestead) share | 58% |
Data as of July 15, 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, “Coconut Key key facts,” movewithmomentum.com/neighborhoods/coconut-key-delray-beach, data as of July 15, 2026.
Housing distress & ownership in Coconut Key, Delray Beach
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.
Every Home for Sale in Coconut Key Delray Beach Right Now (1)
All 1 active and pending Coconut Key Delray Beach listings with a detail page, newest first, refreshed twice a day from the MLS.
- 115 Coconut Key Lane · $460,000 · 3 bd / 2 ba · listed Aug 13, 2026 · listed by Fidelity Realty Advisors Inc
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Delray Beach 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
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Coconut Key Lane (36 homes on record)
- Coconut Key Lane (14 homes on record)
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Palm Beach County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Palm Beach County scorecard.
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.
Coconut Key Market Scorecard
Coconut Key is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $460,000, and homes go under contract in about 281 days.
Typical home value in the 33484 ZIP is $201,479, about 31.9% below 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.
Email me new listings in Coconut Key
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 Coconut Key
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Coconut Key will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
Is Coconut Key a buyer's or seller's market right now?
How many homes are in Coconut Key?
What share of Coconut Key is owner-occupied?
When were the homes in Coconut Key built?
Who is the best real estate agent for Coconut Key?
How do I find a top Delray Beach real estate agent who knows Coconut Key?
Can Momentum Realty connect me with an agent for Coconut Key?
Where is Coconut Key, and what county is it in?
Should you buy in Coconut Key?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
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.
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