TROPICAL BLDT & INVESTMENT CO
Homes for Sale in Key West, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
At a median of $2,750,000, Tropical Bldt & Investment Co sits at the upper register of Key West real estate. That number has climbed 52.8% year-over-year and 178% since 2012, which tells you two things: this pocket has compounded sharply over time, and the most recent twelve months represented an unusually steep move — the kind of acceleration that warrants scrutiny rather than assumption that it continues.
The market heat score of 35 and a median of 115 days on market paint a picture of a deliberate, buyer-paced environment. Properties here are not moving fast. Sellers are achieving high prices, but only after extended exposure — meaning buyers have negotiating time that is largely absent in hotter submarkets, and sellers need realistic patience and pricing discipline from day one.
TROPICAL BLDT & INVESTMENT CO right now
🟢 Still climbing. The trailing-12-month median ($2.75M) is up 52.8% from the prior 12 months ($1.80M) and up 178% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level floridakeys closed sales, 12-month windows ending July 27. Confidence: Medium (10 and 8 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Monroe County sale ($2.75M vs $950K, trailing 12 months, floridakeys records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 27, 2026 · Live data: floridakeys, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
TROPICAL BLDT & INVESTMENT CO market snapshot (as of July 27, 2026): the median sale price is about $2.75M, and a median 116 days on market for closed sales. The trailing-12-month median is up 53% from the prior 12 months and up 178% since 2012, computed from record-level floridakeys closed sales (10 closings in the current window).
Tropical Bldt & Investment Co is a small-footprint community in Key West, Monroe County, where the transaction pool is thin — ten closings in the measurement window — making each sale disproportionately influential on the median and amplifying both upswings and corrections relative to what you would see in a larger sample.
Who TROPICAL BLDT & INVESTMENT CO is best for.
Best for
- A buyer seeking a Key West asset for long-term hold who has the capital to carry a $2.75M+ acquisition through an extended marketing period if circumstances require resale.
- An investor or second-home buyer who values Key West's constrained island geography as a structural floor and is not dependent on near-term price appreciation.
- A cash buyer or one with fully committed financing who can move decisively when the right property appears and use the 115-day market clock as negotiating leverage.
Probably not for
- A buyer whose budget is stretched to reach this price point — at $2.75M median with thin comps, there is little margin for error on valuation.
- Anyone anticipating a quick resale or exit within a short horizon, given median days on market of over 115 days and a heat score of 35.
- A buyer who needs price certainty from robust comparable data — ten closings in the measurement window is not a deep enough pool to validate value with confidence without granular property-level analysis.
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 ($2.75M) IS the median in the snapshot above, and the move from 2025 ($1.80M) IS the +52.8% one-year change.
Windows contain 2 to 12 sales each (10 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.
0% of homes for sale in ZIP 33030 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).
The TROPICAL BLDT & INVESTMENT CO buying strategy.
If we were buying in TROPICAL BLDT & INVESTMENT CO 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 TROPICAL BLDT & INVESTMENT CO.
What the numbers actually mean in a thin market
With only ten closings underpinning the data, the $2.75M median is a signal, not a guarantee. A single outlier transaction — one exceptional waterfront parcel or one distressed sale — can shift that figure meaningfully. Buyers and sellers alike should treat this median as directional context and demand a comparable-by-comparable analysis before anchoring any negotiation to it.
The combination of a 115-day median days on market and a low heat score confirms that liquidity is limited at this price point. That dynamic cuts both ways: buyers who are pre-positioned with financing and clarity on value have real leverage, while sellers who need a fast exit will likely find this market unaccommodating. The long-term appreciation trajectory — 178% since 2012 — reflects Key West's structural supply constraints and sustained demand, but past compounding does not obligate future results, particularly following the sharp one-year jump already recorded.
The location and the amenities are priced into every listing in TROPICAL BLDT & INVESTMENT CO. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in TROPICAL BLDT & INVESTMENT CO buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.6). Basis: Long-Term Appreciation +178% since 2012; Recent Direction +52.8% year-over-year; Pricing Power 89.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this thin, comparable selection is everything. Momentum Realty's analytical approach means we will not let you overpay on a sample of ten — or undersell because a comp pool was drawn carelessly. We will tell you when the data supports a move and when it does not, and in a community where the difference between a well-positioned offer and a mispriced one can be significant, that discipline is the service.
TROPICAL BLDT & INVESTMENT CO 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 TROPICAL BLDT & INVESTMENT CO 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 TROPICAL BLDT & INVESTMENT CO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in TROPICAL BLDT & INVESTMENT CO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your TROPICAL BLDT & INVESTMENT CO home worth?
Get a no-obligation home value based on real comparable sales in TROPICAL BLDT & INVESTMENT CO, 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 TROPICAL BLDT & INVESTMENT CO?
How long do homes in TROPICAL BLDT & INVESTMENT CO take to sell?
Have TROPICAL BLDT & INVESTMENT CO home prices gone up?
Who is the best real estate agent for TROPICAL BLDT & INVESTMENT CO?
How do I find a top Key West real estate agent who knows TROPICAL BLDT & INVESTMENT CO?
Can Momentum Realty connect me with an agent for TROPICAL BLDT & INVESTMENT CO?
Should you buy in TROPICAL BLDT & INVESTMENT CO?
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 |
| Under-contract shares | floridakeys records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2000 (183 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.
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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 floridakeys member average and 8 days faster, and we’ll price yours against live your area comps.
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