Owner-Occupied vs Investor Neighborhoods in Monroe County
Who owns a neighborhood tells you how it will behave: homesteaded blocks turn over slowly and vote for the HOA budget; investor-heavy ones rent, flip and swing with the market. Florida publishes the answer parcel by parcel on the county property appraiser’s roll, and this page rolls it up for every Monroe County community we track — the homestead share (owner-occupancy), the estimated non-owner-occupied share, out-of-state owners and LLC/trust ownership.
Across 201 Monroe County communities and 37,913 residential parcels on the 2025 Florida DOR roll, 40% of homes are homesteaded — the owner-occupancy proxy — and 60% are not; 16% are owned from out of state and 19% are held by an LLC, corporation or trust. Lincoln Man Et. is the most owner-occupied community in the county at 74%; Anglers Reef the most investor-held at 0% homesteaded.
Most owner-occupied communities in Monroe County
| Community | City | Homesteaded | Non-owner-occupied | Parcels | Built (median) |
|---|---|---|---|---|---|
| Lincoln Man Et. | Stock Island | 74% | 26% | 69 | 2007 |
| Pearlman Heights | Key West | 69% | 31% | 221 | 1965 |
| Lincoln Gard. | Stock Island | 68% | 32% | 34 | 2007 |
| Lincoln Gard. | Stock Island | 67% | 33% | 39 | 1964 |
| Crane Hammock | Marathon | 65% | 35% | 46 | 1977 |
| Indian Mound Estates | Sugarloaf Key | 64% | 36% | 131 | 1988 |
| Coral Reef Estates | Key West | 60% | 40% | 424 | 1956 |
| Tropical Key Colony | Big Pine Key | 60% | 40% | 93 | 1986 |
| Bay Ridge | Plantation Key | 59% | 41% | 34 | 1965 |
| Key Haven | Key Haven | 58% | 42% | 55 | 1962 |
| Wickfield Acres | Big Pine Key | 58% | 42% | 55 | 1982 |
| Bay Manor | Key West | 58% | 42% | 253 | 1958 |
| Elamar Estates | Key West | 57% | 43% | 237 | 1958 |
| Ser-Deb Estates | Key West | 57% | 43% | 94 | 1968 |
| Sunrise Shores | Key West | 57% | 43% | 436 | 1960 |
| Lime Grove | Key West | 57% | 43% | 693 | 1958 |
| Edenaire | Plantation Key | 57% | 43% | 139 | 1984 |
| Largo Beach | Key Largo | 55% | 45% | 56 | 1963 |
| Seaside Key West Residences | Key West | 55% | 45% | 95 | 2005 |
| Salt Pond | Key West | 55% | 45% | 95 | 2005 |
| Stirrup Key Woods | Marathon | 55% | 46% | 55 | 1986 |
| Villas Of Key West | Key West | 54% | 46% | 474 | 1958 |
| Key West Estates | Key West | 54% | 46% | 359 | 1984 |
| Pine Key Acres | Big Pine Key | 54% | 46% | 39 | 1982 |
| BOCA CHICA OCEAN Shore | Geiger Key | 53% | 47% | 62 | 1979 |
Most investor-held communities
Lowest homestead share — rentals, second homes and flips concentrate here.
| Community | City | Homesteaded | Non-owner-occupied | LLC / trust | Parcels |
|---|---|---|---|---|---|
| Anglers Reef | Windley Key | 0% | 100% | 29% | 52 |
| Marina Vil Hwks Cay | Duck Key | 0% | 100% | 20% | 49 |
| Village At Hawks Cay | Duck Key | 1% | 99% | 28% | 260 |
| Knights Key Village | Marathon | 9% | 91% | 14% | 35 |
| Porter Court | Key West | 12% | 88% | 40% | 52 |
| Landings Of Largo | Key Largo | 15% | 85% | 21% | 96 |
| Key Colony Beach Botel | Key Colony | 16% | 84% | 30% | 95 |
| Strattons | Upper Matecumbe Key Islamorada | 18% | 82% | 33% | 344 |
| Harbour Island | Duck Key | 19% | 81% | 24% | 37 |
| Stillbeach | Lower Matecumbe | 19% | 81% | 24% | 58 |
| Mat Ocean View | Lower Matecumbe | 19% | 81% | 24% | 58 |
| Key Colony Beach | Key Colony | 21% | 79% | 29% | 853 |
| Big Coppitt | Big Coppitt | 21% | 79% | 23% | 61 |
| Big Coppitt Estates | Big Coppitt | 21% | 79% | 23% | 61 |
| Sombrero Properties | Marathon | 22% | 78% | 30% | 150 |
| Port Antigua | Lower Matecumbe | 22% | 78% | 34% | 395 |
| Gulfstream Village | Marathon | 22% | 78% | 24% | 49 |
| Coco Plum Beach | Marathon | 22% | 78% | 40% | 173 |
| Shark Key | Shark Key | 23% | 77% | 32% | 62 |
| Sunset Acres | Key Largo | 23% | 77% | 22% | 160 |
| Sunset Key (Tank) Island Unrcd | Key West | 24% | 76% | 34% | 68 |
| Gardens Of Key West | Key West | 25% | 75% | 39% | 61 |
| Presidents Lane | Key West | 25% | 75% | 36% | 207 |
| Shipyard | Key West | 25% | 75% | 28% | 95 |
| Palms, The | Marathon | 26% | 74% | 18% | 51 |
Most out-of-state owners
| Community | City | Out-of-state | Homesteaded | Parcels |
|---|---|---|---|---|
| Sunset Key (Tank) Island Unrcd | Key West | 71% | 24% | 68 |
| Porter Court | Key West | 67% | 12% | 52 |
| Marina Vil Hwks Cay | Duck Key | 57% | 0% | 49 |
| Anglers Reef | Windley Key | 48% | 0% | 52 |
| Penn Key Club | Upper Matecumbe Key Islamorada | 47% | 34% | 32 |
| Presidents Lane | Key West | 47% | 25% | 207 |
| Shark Key | Shark Key | 47% | 23% | 62 |
| Knights Key Village | Marathon | 43% | 9% | 35 |
| Village At Hawks Cay | Duck Key | 43% | 1% | 260 |
| Shipyard | Key West | 42% | 25% | 95 |
| White & Pierce Diagram | Key West | 39% | 29% | 187 |
| Key Harbor | Marathon | 39% | 42% | 41 |
| Key Colony Beach Botel | Key Colony | 38% | 16% | 95 |
| Gardens Of Key West | Key West | 38% | 25% | 61 |
| Mills Place | Key West | 38% | 31% | 32 |
Highest LLC, corporate or trust ownership
| Community | City | LLC / trust | Homesteaded | Parcels |
|---|---|---|---|---|
| Sombrero Isle | Marathon | 42% | 32% | 31 |
| Porter Court | Key West | 40% | 12% | 52 |
| Coco Plum Beach | Marathon | 40% | 22% | 173 |
| Gardens Of Key West | Key West | 39% | 25% | 61 |
| D T Sweenys Dia | Key West | 36% | 29% | 110 |
| Point Pleasant | Key Largo | 36% | 48% | 42 |
| Presidents Lane | Key West | 36% | 25% | 207 |
| Port Antigua | Lower Matecumbe | 34% | 22% | 395 |
| Sunset Key (Tank) Island Unrcd | Key West | 34% | 24% | 68 |
| Strattons | Upper Matecumbe Key Islamorada | 33% | 18% | 344 |
| Shark Key | Shark Key | 32% | 23% | 62 |
| White & Pierce Diagram | Key West | 32% | 29% | 187 |
| Coco Plum Terraces | Marathon | 32% | 27% | 85 |
| Sunset Waterways | Key Largo | 32% | 36% | 111 |
| Coco Plum | Marathon | 31% | 28% | 138 |
How to read this
Homestead exemption is claimed by owners who live in the home as their primary residence, so the homestead share is a close proxy for owner-occupancy; the non-owner-occupied estimate is its complement adjusted for parcels that cannot claim it. Out-of-state and LLC/trust shares come from the owner mailing address and owner name on the roll. Communities are matched to parcels by subdivision and street; figures are for the parcels matched (n shown), not necessarily every home. Source: Florida Department of Revenue NAL assessment roll, 2025, compiled by Momentum Research, September 2026. Back to homes for sale in Monroe County.