TAMARIND BAY
Homes for Sale in Key Largo, FL
True comps, carrying-cost math, and listings before the portals.
Tamarind Bay sits in Key Largo, Monroe County — the northern gateway to the Florida Keys — where waterfront access, lot scarcity, and the sheer difficulty of building new supply anchor pricing at a structural level. The median price of $674,500 reflects that reality. This is not a market where condition and finish alone set value; location, water access, and what a specific parcel allows you to do will drive the spread between any two listings far more than square footage will.
At a median of 47.5 days on market, Tamarind Bay is not a rapid-fire market. Listings are sitting long enough that a prepared buyer has time to conduct serious due diligence — inspections, insurance quotes, flood zone review — without being steamrolled. That pace also tells sellers that pricing needs to be disciplined from day one; the Keys buyer pool is experienced and will wait out an overpriced home.
The 60-Second Overview
TAMARIND BAY market snapshot (as of July 27, 2026): the median sale price is about $674K, and a median 48 days on market for closed sales.
Tamarind Bay is a small Keys community where the Monroe County regulatory environment, limited inventory, and waterfront proximity collectively shape both what is available and what it costs — the 77% cumulative appreciation since 2012 underscores how durable that pricing pressure has been over the long cycle.
Who TAMARIND BAY is best for.
Best for
- A buyer with a budget at or above the mid-$670s median who is specifically seeking Keys waterfront exposure and plans to hold the asset for multiple years.
- A second-home buyer who has already navigated Monroe County's insurance and permitting environment and understands the carrying-cost structure before making an offer.
- A buyer who values direct water or water-adjacent positioning over community amenities and can evaluate each listing on its individual merits rather than on shared infrastructure.
Probably not for
- A buyer expecting a near-term flip or short hold — the 47-plus day median pace and transaction costs in a premium market work against short-cycle returns.
- A buyer whose ownership calculus depends on HOA-managed amenities or common facilities, none of which are identified in current listings here.
- A buyer who has not yet stress-tested their numbers against Keys-specific insurance premiums, flood zone requirements, and Monroe County regulatory compliance costs — the sticker price is only part of the equation.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 27 of each year, from record-level floridakeys closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($674K) IS the median in the snapshot above.
Windows contain 1 to 6 sales each (6 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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Monroe 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.
The TAMARIND BAY buying strategy.
If we were buying in TAMARIND BAY 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 TAMARIND BAY.
What the numbers are actually telling you
The six-month closing window used to calculate this snapshot is narrow by design — it captures current market behavior, not stale averages. With a median just under $675K and roughly 47 days to contract, this community is transacting at a measured pace. That combination — a premium median and deliberate days-on-market — suggests buyers are selective and willing to wait for the right property rather than competing aggressively on anything that lists.
The 77% price appreciation since 2012 is the figure that demands attention for anyone underwriting a long hold. That trajectory is not accidental in the Keys: Monroe County's strict land-use controls, ROGO permit allocations, and consistent coastal demand have compressed new supply for years. What is absent from the MLS data for Tamarind Bay is any identified community amenity infrastructure, which means a buyer's value proposition here rests almost entirely on the individual property and its relationship to the water — not on shared facilities or HOA-managed assets.
The location and the amenities are priced into every listing in TAMARIND BAY. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
The Florida Keys operate under a different regulatory and insurance reality than Northeast Florida, and Momentum's role here is to make sure a buyer never mistakes a clean listing for a simple transaction. Flood zone classification, wind mitigation, ROGO status, and septic or wastewater compliance all sit upstream of any offer price. We bring the same disciplined, data-grounded approach to Tamarind Bay that we apply across every market we cover — which means we will tell you when a property pencils out and when it does not, before you are under contract.
TAMARIND BAY in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a TAMARIND BAY 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 TAMARIND BAY sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in TAMARIND BAY, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your TAMARIND BAY home worth?
Get a no-obligation home value based on real comparable sales in TAMARIND BAY, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in TAMARIND BAY?
How long do homes in TAMARIND BAY take to sell?
Do cash buyers compete in TAMARIND BAY?
Have TAMARIND BAY home prices gone up?
Who is the best real estate agent for TAMARIND BAY?
How do I find a top Key Largo real estate agent who knows TAMARIND BAY?
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Should you buy in TAMARIND BAY?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | floridakeys closed sales, 12-month windows ending July 27, 2026 |
| Historical depth | Closed-sale records back to 2006 (61 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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More Key Largo & The Florida Keys & Monroe County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of The Florida Keys & Monroe County or the full Neighborhood Finder.