Coconut Key in Delray Beach

Coconut Key Homes for Sale in Delray Beach, FL

Gated townhome community · West Delray Beach · Delray Beach, ZIP 33484

A gated townhome community of 69 homes with a clubhouse and pool around lakes in West Delray.

Gated townhomesClubhouse and poolDues bundle services
Live Market Pulse
49/100
Momentum
Buyer-Leaning Market (limited data)
This is a small gated townhome community where the association's reserves, the unit's condition, and the dues bundle drive value.
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Unlock Off-Market Coconut Key

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
$410K
Median Price
4mo
Supply
131days
Avg DOM
Soft
Seller Leverage
$305/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Coconut Key is a small gated townhome community of 69 two to four-bedroom homes in West Delray, around lakes, with a clubhouse and pool. The dues bundle building maintenance, roof, the pool, security, trash, sewer, and cable, so the all-in number is the real comparison, and the reserves matter on the buildings. Your leverage is reading the reserves and matching the unit to true Coconut Key comps."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Coconut Key market snapshot (as of June 15, 2026): the median sale price is about $410K ($305 per sq ft), with homes averaging 131 days on market and 4.0 months of supply, a buyer-leaning market (limited data). Based on 3 recent closings in live BeachesMLS data.

Coconut Key is a gated townhome community of 69 townhomes between Atlantic Avenue and Military Trail in West Delray Beach, Palm Beach County (33484), in two to four-bedroom split floor plans with garage parking, around lakes.

Reported amenities include a clubhouse, a swimming pool, a cabana, a basketball court, a playground, and trails. Third-party sources report dues around $460 a month covering common-area, grounds, and building maintenance, roof, the pool, security, trash, sewer, and basic cable; confirm the current amount and the reserves.

The buy here is the unit and the association. Read the reserves and the unit's condition, and match it to true Coconut Key comps.

Best for

  • Buyers who want a gated townhome with a dues bundle in West Delray
  • Buyers who value a clubhouse and pool around lakes
  • Buyers who will read the association's reserves
  • Buyers who want quick Turnpike access and a short drive to Atlantic Avenue

Probably not for

  • Buyers who want a single-family home or a private yard
  • Buyers who want to avoid townhome assessments
  • Buyers who want new construction with a builder warranty
  • Buyers who want a 55 and over age-restricted community

How Coconut Key is performing right now

49/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
4Months of supplytight
131Median days on marketdays
0 : 1Under contract vs for salestrong demand
3Sold in last 12 monthsliquidity
+9%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 Coconut Key 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 Coconut Key buys, holds, and resells. See the five factors.

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 2026-06-15, 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.

Downtown Delray, Atlantic Avenue~12 to 15 min · east
Florida's Turnpike~5 min · nearby
Delray Marketplace~8 min · west
Delray beaches~18 min · east

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

Nearby Communities

Explore more neighborhoods near Coconut Key Homes for Sale in Delray Beach, FL with Momentum Realty’s local guides.

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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
Coconut Key (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

Coconut Key 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 Coconut Key address.

The takeaway

What is actually shaping value at Coconut Key: a gated townhome community with a dues bundle in a strong West Delray market. Each item is structural and noted below.

Recent Developments in Coconut Key

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

Net OutlookBullishWest Delray gated townhomes stay in demand. The near-term read is reserve health and condition across the buildings.

Gated townhomes with a dues bundle

Ongoing
BullishNotable impact
SignificanceRadius: Community

A gated townhome community with bundled dues is a durable draw.

Clubhouse and pool around lakes

Ongoing
BullishNotable impact
SignificanceRadius: Community

A clubhouse and pool around lakes add amenity value.

Reserves drive townhome value

Ongoing
NeutralNotable impact
SignificanceRadius: Community

The association's reserves and any assessments are central to value here.

West Delray location near the Turnpike

Ongoing
BullishNotable impact
SignificanceRadius: Community

Quick Turnpike access and proximity to Atlantic Avenue are practical draws.

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 Coconut Key, 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 ↓

    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 Coconut Key, this is the order of operations we would run, and the one we run for our clients.

    1

    Read the association's reserves and any assessment history on the townhome buildings.

    2

    Confirm the current dues and exactly what they bundle, including roof, cable, and security.

    3

    Read the unit's condition and floor plan on the specific home.

    4

    Verify school zoning by address with the Palm Beach County School District.

    5

    Match the unit to true Coconut Key comps, not a citywide average.

    Best Buy
    A well-kept townhome in a community with healthy reserves
    Biggest Risk
    Buying into a pending or underfunded assessment
    Best Lot
    A lake-view or quieter exposure with good light
    Smart Timing
    Confirm reserves and the current dues
    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

    Coconut Key is a gated townhome community of 69 townhomes between Atlantic Avenue and Military Trail in West Delray Beach (33484), in two to four-bedroom split floor plans with garage parking, around lakes, with a clubhouse, swimming pool, cabana, basketball court, and trails. Third-party sources report dues around $460 a month covering building maintenance, roof, the pool, security, trash, sewer, and basic cable; confirm the current amount and the reserves.

    The takeaway

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

    The Two-Bedroom Townhome
    $385K to $410K

    The smaller two-bedroom townhomes, the entry into a gated, amenitized community.

    Lowest entry
    The Larger Townhome
    $410K to $423K

    The three and four-bedroom townhomes, the core of the resale market here.

    Most inventory
    The Updated or Lake Townhome
    $423K to $423K

    Renovated townhomes or units on lake views, the units that move fastest.

    Strongest resale

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

    $385K to $410K
    The Two-Bedroom Townhome
    The smaller two-bedroom townhomes, the entry into a gated, amenitized community.
    $410K to $423K
    The Larger Townhome
    The three and four-bedroom townhomes, the core of the resale market here.
    $423K to $423K
    The Updated or Lake Townhome
    Renovated townhomes or units on lake views, the units that move fastest.

    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 Delray Beach 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 Coconut Key

    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 gate and the dues bundle are in every listing. The deal turns on the reserves, the dues, and the unit's condition.

    Jon Brooks · Founder, Momentum Realty
    7.8B+ · Buy Score
    Resale Strength7.8/10
    Renovation Risk7.0/10
    Location Efficiency8.2/10
    Long-Term Defensibility7.8/10
    Carrying Cost Advantage7.6/10

    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 Coconut Key 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
    • Golf, lake, and preserve lots hold value best
    • Interior lots are where buyers overpay
    • The lot cannot be renovated, the house can
    • Premium homesites resell faster
    • ~3% asking premium for premium lots today

    In a built-out club community, the lot is the resale insurance

    The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.

    The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.

    Strongest resaleGolf frontage and lakefront homesites at Coconut Key

    Golf & lakefront lots

    Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.

    Strong resalePreserve-backing homesites at Coconut Key

    Preserve lots

    Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.

    Moderate resaleCul-de-sac and larger interior homesites at Coconut Key

    Cul-de-sac & larger lots

    Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.

    Value tierStandard interior homesites at Coconut Key

    Standard interior lots

    The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.

    Relative resale strength by lot and view, illustrative of how Coconut Key homesites trade. The exact premium depends on the specific home, the view, and the street.

    Coconut Key in 15 seconds.

    Best forBuyers who want a gated townhome with a dues bundle in West Delray.
    Biggest advantageA clubhouse and pool around lakes with dues that bundle roof, cable, and security.
    Biggest riskReserves and assessments on a townhome community.
    Sweet spotA well-kept townhome in a community with healthy reserves.
    Avoid ifYou want a single-family home, no assessments, or new construction.

    HOA, CDD & Fees

    15-Second Take
    • Gated townhome community, 69 homes
    • Dues bundle roof, cable, and security
    • Clubhouse and pool around lakes
    • Between Atlantic Avenue and Military Trail
    • Confirm reserves and any assessments

    Reported around $460 a month (third-party reported), covering common-area, grounds, and building maintenance, roof, the pool, security, trash, sewer, and basic cable; confirm the current amount, the reserves, and any assessment history for the specific home.

    Reported to cover building and common-area maintenance, roof, the pool, security, trash, sewer, and basic cable; confirm the schedule and reserve posture per home.

    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 Coconut Key, condition and view decide your number

    Because buyers here are weighing your home against renovated comps and cross-shopping Tropic Palms, 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 Coconut Key home worth?

    Get a no-obligation home value based on real comparable sales in Coconut Key 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 Coconut Key on the map →
    Or get your Coconut Key home value & selling guide →

    Real comps, not a Zestimate.

    Coconut Key Market Scorecard

    Buyer-Leaning Market (limited data)

    Coconut Key is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $460,000, and homes go under contract in about 131 days.

    4.0
    Months supply
    $460,000
    Median list
    $410,000
    Median sold
    $305
    Per sqft
    131
    Days on mkt
    1/0/3
    Active/Pend/Sold

    Typical home value in the 33484 ZIP is $202,989, about 28.3% 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.

    Frequently Asked Questions

    Is Coconut Key a gated community?
    Yes. Coconut Key is a gated community; confirm the current access arrangement with the listing.
    What type of homes are in Coconut Key?
    Coconut Key is characterized by a gated townhome community of 69 two to four-bedroom townhomes between Atlantic Avenue and Military Trail, around lakes, with a clubhouse and pool. Confirm the specifics of any individual home with the listing.
    Who built Coconut Key?
    Coconut Key is associated with builder (confirm), per third-party sources. Confirm the builder and year for a specific home.
    Does Coconut Key have an HOA?
    Yes. Dues are reported at reported around $460 a month, covering common-area, grounds, building maintenance, roof, the pool, security, trash, sewer, and basic cable (third-party reported). Treat that as reported and confirm the current amount and what it covers for a specific home.
    Does Coconut Key have a CDD fee?
    No CDD has been confirmed here; confirm the CDD status per home with the listing.
    What amenities does Coconut Key offer?
    Reported amenities include a clubhouse, a swimming pool, a cabana, a basketball court, a playground, and walking and jogging trails, around lakes. Confirm current amenity access and any associated fees with the listing.
    What schools serve Coconut Key?
    Coconut Key is in the Palm Beach County School District in West Delray; confirm the exact zoning for a specific home with the district. School assignment is by address and changes periodically, so confirm the exact zoning for a specific Coconut Key home with the district.
    Where is Coconut Key located?
    Coconut Key is in Delray Beach, Palm Beach County, Florida (33484). It sits in West Delray Beach between Atlantic Avenue and Military Trail, near the Turnpike.
    Is Coconut Key a good place to buy?
    Coconut Key offers a gated townhome community of 69 homes with a clubhouse and pool around lakes in West Delray. The right read is a comparable-sales analysis on a specific home; this is not a guarantee of future value.
    How is the market in Coconut Key?
    Inventory here is limited, so a single sale can move the averages. Read current pricing as context and lean on the comparable-sales analysis for a specific home.
    What is there to do near Coconut Key?
    Coconut Key puts everyday shopping, dining, and major roads within a short drive; see the commute section for approximate drive times, and confirm your real commute at your real departure time.
    Should I use the listing agent to buy in Coconut Key?
    No. The listing agent works for the seller. Having your own representation is the highest-leverage decision you make on a purchase here.
    How do I sell a home in Coconut Key?
    The right list price comes from recent comparable sales matched to your home's size, condition, and location, not an automated estimate. We build the case with real comps and a pricing strategy for the current market.
    Are there new listings in Coconut Key before they hit the portals?
    We track Coconut Key inventory from the live feed and can flag homes as they come available. Tell us your budget and timeline and we will send matches.
    Buyers who want a gated townhome with a dues bundle in West DelrayExcellent fit
    Buyers who value a clubhouse and pool around lakesExcellent fit
    Buyers who will read the association's reservesExcellent fit
    Buyers who want quick Turnpike access and a short drive to Atlantic AvenueExcellent fit
    Buyers who want a single-family home or a private yardProbably not
    Buyers who want to avoid townhome assessmentsProbably not
    Buyers who want new construction with a builder warrantyProbably not
    Buyers who want a 55 and over age-restricted communityProbably not

    Get the inside read on Coconut Key

    Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Coconut Key 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 Coconut Key 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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    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 local market average and 8 days faster, and we’ll price yours against live your area comps.

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