ELAMAR ESTATES
Homes for Sale in Key West, FL

Community in Key West · Monroe County · ZIP 33040
236 homesBuilt 1918–2019Median sale $925K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive floridakeys data26 years of closingsFL DOR public recordsUpdated twice daily
Live · ELAMAR ESTATES Housing Pulse floridakeys + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$925K
Median sold · 12 mo
92.6%
Sale vs ask
Monroe median: 91.8%
Tempo
57days
Median DOM · closed
30 days at the 2017 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
57%
Owner-occupied · ELAMAR ESTATES
136 of 237 parcels homesteaded (FL DOR 2025)
43%
Non-owner-occupied · ELAMAR ESTATES
incl. 10% trust or LLC-held · 7% out-of-state
0%
Cash buyers · ELAMAR ESTATES
0 of 3 sales, 12 mo ending July 2026
236
Homes in the community
plus 1 vacant residential lots · 237 residential parcels (FL DOR 2025)
Track record · 26 years of records
Est. 1918
Community established
homes built 1918-2019, median 1958 (FL DOR 2025)
1.3%/yr
Turnover rate
about 3 of 236 homes trade a year

The 60-Second Overview

ELAMAR ESTATES market snapshot (as of July 27, 2026): the median sale price is about $925K, and a median 57 days on market for closed sales.

ELAMAR ESTATES is a community of 236 homes in Key West, Monroe County, built between 1918 and 2019 (median 1958.0), with a median living area of about 1,446 square feet. 57% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 4 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.

Median sale price · trailing 12 mo
$400K$600K$800K$1M20122014201620182020202220242026
Median days on market · closed sales
5010015020122014201620182020202220242026
30 days at the 2017 low; 57 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
92.6% now vs Monroe 91.8%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 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 ELAMAR ESTATES 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 ELAMAR ESTATES.

A closer look at the ELAMAR ESTATES market

Homes in ELAMAR ESTATES trade around a median of $925K, where condition and lot do more to set the final number than the asking price does.

The housing stock is 236 homes built between 1918 and 2019, and 57% 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 ELAMAR ESTATES. 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 ELAMAR ESTATES sales matched to your home.

What is your ELAMAR ESTATES home worth?

Get a no-obligation home value based on real comparable sales in ELAMAR ESTATES, 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 ELAMAR ESTATES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in ELAMAR ESTATES?
The median sale price in ELAMAR ESTATES was $925K over the 12 months ending July 27, 2026 (3 closed sales, floridakeys).
How long do homes in ELAMAR ESTATES take to sell?
Homes that closed in the 12 months ending July 27, 2026 took a median 57 days on market (3 sales, floridakeys).
How many homes are in ELAMAR ESTATES?
The Florida DOR 2025 assessment roll shows 236 homes plus 1 vacant residential lots in ELAMAR ESTATES (public records).
What share of ELAMAR ESTATES is owner-occupied?
57% of ELAMAR ESTATES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in ELAMAR ESTATES built?
Homes in ELAMAR ESTATES were built between 1918 and 2019, with a median year built of 1958.0 (FL DOR 2025 roll).
Do cash buyers compete in ELAMAR ESTATES?
Cash buyers took 0% of ELAMAR ESTATES sales in the 12 months ending July 2026 (0 of 3 closings, floridakeys).
Who is the best real estate agent for ELAMAR ESTATES?
The best agent for ELAMAR ESTATES 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 ELAMAR ESTATES.
How do I find a top Key West real estate agent who knows ELAMAR ESTATES?
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 ELAMAR ESTATES and the wider Key West area.
Can Momentum Realty connect me with an agent for ELAMAR ESTATES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your ELAMAR ESTATES 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 (3 streets, ZIP 33040))
Historical depthClosed-sale records back to 2000 (36 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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