EAST MARTELLO TOWERS
Homes for Sale in Key West, FL

Community in Key West · Monroe County · ZIP 33040
464 homesBuilt 1900–2024Median sale $3.80M
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True comps, carrying-cost math, and listings before the portals.

Built fromLive floridakeys data24 years of closingsFL DOR public recordsUpdated twice daily
Live · EAST MARTELLO TOWERS Housing Pulse floridakeys + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$3.80M
Median sold · 12 mo
88.4%
Sale vs ask
Monroe median: 91.8%
Tempo
53days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
48%
Owner-occupied · EAST MARTELLO TOWERS
230 of 477 parcels homesteaded (FL DOR 2025)
52%
Non-owner-occupied · EAST MARTELLO TOWERS
incl. 19% trust or LLC-held · 15% out-of-state
0%
Cash buyers · EAST MARTELLO TOWERS
0 of 3 sales, 12 mo ending July 2026
464
Homes in the community
plus 13 vacant residential lots · 477 residential parcels (FL DOR 2025)
Track record · 24 years of records
Est. 1900
Community established
homes built 1900-2024, median 1958 (FL DOR 2025)
0.6%/yr
Turnover rate
about 3 of 464 homes trade a year

The 60-Second Overview

EAST MARTELLO TOWERS market snapshot (as of July 27, 2026): the median sale price is about $3.80M, and a median 53 days on market for closed sales.

EAST MARTELLO TOWERS is a community of 464 homes in Key West, Monroe County, built between 1900 and 2024 (median 1958.0), with a median living area of about 1,667 square feet. 48% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 5 sales each (3 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; 3 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 EAST MARTELLO TOWERS 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 EAST MARTELLO TOWERS.

A closer look at the EAST MARTELLO TOWERS market

Homes in EAST MARTELLO TOWERS trade around a median of $3.80M, where condition and lot do more to set the final number than the asking price does.

The housing stock is 464 homes built between 1900 and 2024, and 48% 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 EAST MARTELLO TOWERS. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 EAST MARTELLO TOWERS sales matched to your home.

What is your EAST MARTELLO TOWERS home worth?

Get a no-obligation home value based on real comparable sales in EAST MARTELLO TOWERS, 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 EAST MARTELLO TOWERS on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in EAST MARTELLO TOWERS?
The median sale price in EAST MARTELLO TOWERS was $3.80M over the 12 months ending July 27, 2026 (3 closed sales, floridakeys).
How long do homes in EAST MARTELLO TOWERS take to sell?
Homes that closed in the 12 months ending July 27, 2026 took a median 53 days on market (3 sales, floridakeys).
How many homes are in EAST MARTELLO TOWERS?
The Florida DOR 2025 assessment roll shows 464 homes plus 13 vacant residential lots in EAST MARTELLO TOWERS (public records).
What share of EAST MARTELLO TOWERS is owner-occupied?
48% of EAST MARTELLO TOWERS parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in EAST MARTELLO TOWERS built?
Homes in EAST MARTELLO TOWERS were built between 1900 and 2024, with a median year built of 1958.0 (FL DOR 2025 roll).
Do cash buyers compete in EAST MARTELLO TOWERS?
Cash buyers took 0% of EAST MARTELLO TOWERS sales in the 12 months ending July 2026 (0 of 3 closings, floridakeys).
Who is the best real estate agent for EAST MARTELLO TOWERS?
The best agent for EAST MARTELLO TOWERS 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 EAST MARTELLO TOWERS.
How do I find a top Key West real estate agent who knows EAST MARTELLO TOWERS?
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 EAST MARTELLO TOWERS and the wider Key West area.
Can Momentum Realty connect me with an agent for EAST MARTELLO TOWERS?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your EAST MARTELLO TOWERS purchase or sale - no call center and no pressure.

Data sources & freshness

Community market statsfloridakeys closed sales, 12-month windows ending July 27, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33040))
Historical depthClosed-sale records back to 2002 (29 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.

Own a home here?

You just read the data. Now see what your home is worth.

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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