SILVER SHORES
Homes for Sale in Key Largo, FL

SILVER SHORES market snapshot (as of July 27, 2026): the median sale price is about $474K, and a median 26 days on market for closed sales. The trailing-12-month median is up 8% from the prior 12 months and up 223% since 2012, computed from record-level floridakeys closed sales (4 closings in the current window).

SILVER SHORES is a community of 373 homes in Key Largo, Monroe County, built between 1961 and 2022 (median 1979), with a median living area of about 1,296 square feet. 39% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Silver Shores is a Key Largo community of 373 homes built across six decades — from 1961 through 2022 — giving the neighborhood a layered character that ranges from older Keys-vernacular cottages to more recent construction. With a median living size of just under 1,300 square feet and a homestead rate near 39 percent, the ownership mix leans toward investment and seasonal use rather than full-time occupancy.

The median year built of 1979 is the most consequential single data point for a buyer evaluating Silver Shores. A mid-century-to-late-seventies vintage in the Florida Keys means wind-mitigation ratings, roof age, and insurance underwriting will vary sharply from one parcel to the next. The spread from 1961 to 2022 is wide enough that two homes listed near the same price can carry dramatically different carrying costs once insurance, flood zone rating, and deferred maintenance are factored in. Buyers should budget for a thorough inspection and a wind-mitigation survey before committing.

Median living area of roughly 1,296 square feet signals that Silver Shores skews toward modest footprints — practical for a Keys market where lot constraints and elevated construction costs make larger builds the exception rather than the rule. The 39 percent homestead rate is a useful signal for sellers: a substantial share of this inventory has been held as non-primary property, which can affect seller motivation, maintenance history, and negotiating posture. No community amenities have been identified from current MLS data, so buyers should evaluate each parcel on its own merits — proximity to marinas, waterway access, and Keys infrastructure — rather than expecting a managed amenity package.

Monroe County real estate operates under a distinct regulatory and insurance environment that catches buyers unfamiliar with Keys-specific due diligence — ROGO allocations, flood zone designations, and wind underwriting are not optional research items here. Momentum Realty tracks the Silver Shores closing cadence closely enough to interpret thin-volume data without overstating it. When only a handful of sales define a period, knowing which ones are outliers matters as much as knowing the median, and that distinction is where our brokerage earns its keep.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.