January 2025 Key West Real Estate Market Report

PEAK SEASON IS HERE

As peak season unfolds, the Key West real estate market is showing steady, though cautious, activity. While January began slower than expected, market dynamics suggest both buyers and sellers are adjusting to evolving conditions. Inventory is rising, providing buyers with more options, but also leading to an increase in stale listings. This has prompted 110 price reductions in January alone, signaling heightened seller motivation. Interest rates, now stabilizing around 6-7%, are becoming more accepted as the new normal. This shift in buyer expectations could drive increased sales in the coming months. Additionally, with the election behind us, reduced political uncertainty may further encourage market activity, though the impact of new housing policies remains to be seen. While the year started with moderated momentum, rising inventory, strategic pricing, and stabilizing rates point to potential growth in the Key West real estate market. Staying attuned to policy changes and market trends will be key for navigating the season ahead.

 

Key West Real Estate Market Statistics

 

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Key West Real Estate

 

Key West Real Estate

 

Key West Real Estate

 

Key West Real Estate

 

FEATURED LISTING

Key West Real Estate Market3731 Eagle Avenue is a 3 bedroom and 3 bathroom property that is now offered at an incredible new price: $2,120,000! Designed and built by a locally renowned contractor this home is an exceptionally crafted two-story masterpiece.
For the full listing click here.

EXCLUSIVE LISTINGS

Key West Real Estate - 804 Ashe Street Key West Real Estate Market Statistics Key West Real Estate Market Statistics Key West Real Estate Market Statistics Key West Real Estate Market Statistics Key West Real Estate Market Statistics Key West Real Estate - 3625 Sunrise Drive Key West Real Estate - 3731 Eagle Avenue

 

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Key West Real Estate Market

 

TEAMKAUFELT TESTIMONIALS

“How do we begin to thank you all—firstly, Lynn and Jackson, who were such good friends to Dad and whose company brought him so much pleasure—and then to you, Ted, for your super-hard work? I know it’s been a challenging time in real estate, and we feel so lucky and grateful to have had TEAMKAUFELT to take us through it. It’s extra hard selling something with multiple owners who live far away, and y’all were totally valiant keeping us informed and giving us your best instincts to find the right buyer.”

NENNA & NICK E.

 

“Team Kaufelt were the perfect realtor partners at every step - from taking the most fabulous photos and video for marketing, to prepping our property for showing, vetting the prospective buyers, keeping us informed at every stage right up to the successful selling of our home. We could not recommend them highly enough!”

ROSI & JEFF W.

 

“Ted Stewart was professional, very responsive, and was always a step ahead. Old Town Fitness was the first business we bought in Florida and we are very happy with the service we received from TEAMKAUFELT. From rides to the airport to specific details pertaining to closing the deal, everything was smooth. Looking forward to our next commercial and/or residential deal with you in the future!”

AL F. & JOHN M.

 

“Lynn Kaufelt and her team are outstanding. Lynn herself is the leading realtor in Key West FL, having lived and worked here for several decades. She is universally admired and respected, both as a realtor and as a member of the community. Her team are all outstanding in their own right - knowledgeable, helpful, responsive, and completely committed."

CLAIR M.

 

TEAMKAUFELT MARKETING

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KEY WEST OPEN HOUSES

 

Key West Real Estate Open House

1317 Olivia Street: A Historic Masterpiece

Nestled in the legendary Meadows neighborhood of Key West, 1317 Olivia Street is a true gem. Originally built before 1912, this two-story designer home has been masterfully updated while preserving its historic character.

The property boasts lush tropical landscaping, a custom-designed swimming pool with a tranquil water feature, and luxurious IPE Brazilian hardwood decking. The spacious master bedroom is a private retreat with a walk-in closet and custom built-in dresser, offering both style and functionality.

At the heart of this home is a chef’s dream kitchen. The natural quartzite island with a waterfall edge seamlessly connects to the open dining and living space. Hardwood floors, 12-foot saw-tooth vaulted ceilings, and low-hung floating cabinetry create an atmosphere of modern sophistication. Expansive accordion-style impact sliding doors lead to the saltwater pool and gardens, perfect for evening relaxation or entertaining guests.

With off-street parking, a whole-house generator, and impeccable outdoor spaces, 1317 Olivia Street is a Key West open house you don't want to miss!

Key West Open House

822 Georgia Street: Award-Winning Elegance

Located on a prime corner lot in the Meadows neighborhood, 822 Georgia Street is a stunning 3-bedroom, 3-bathroom residence with a rich history. This award-winning property, recognized with a Historic Florida Keys Preservation ceramic star, underwent a thoughtful renovation in 2022.

The interior of the home is both inviting and functional. Bespoke wood cabinetry and quartz countertops highlight the kitchen, which flows effortlessly into a living space with soaring 16-foot vaulted ceilings and a stained-glass window that fills the room with natural light.

Outdoor living at 822 Georgia Street is just as impressive. A coral stone pathway surrounded by lush landscaping, guide you to a private deck, pool, and hot tub. Whether you’re entertaining friends or enjoying a quiet evening, the seamless indoor-outdoor connection ensures an unforgettable experience.

Practical features such as a ramp, two storage areas, and irrigation complement the home’s beauty. Located just steps away from Key West’s best attractions, this property is a rare opportunity to enjoy the very best of island life.

Key West Open House

1414 Leon Street: A Tranquil Champion Property

Situated on a sprawling 7,000-square-foot corner lot, 1414 Leon Street is a peaceful oasis framed by lush tropical foliage and crowned by the majestic National Champion Green Buttonwood tree, which has stood for over 300 years.

The single-level main home features two bedrooms and two bathrooms, vaulted ceilings with exposed beams, and a spacious open-concept layout. The primary suite includes a private study, French doors that open to the pool, and a luxurious oversized bathroom with a 10-foot shower and soaking tub.

The outdoor space is equally enchanting, with a guest house or office, as well as a serene backyard oasis ideal for entertaining or relaxing under mature shade trees. Located just blocks from the island’s best beaches and shopping, this home offers a perfect blend of tranquility and accessibility.

Key West Real Estate Open Houses

With a total of 12 open houses carefully curated by Truman and Company Real Estate Services, now is the perfect time to find your dream island retreat. Check out the full list of open houses and explore the interactive map to plan your visit below.

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Key West Open House Google Map

Elevate Your Key West Real Estate Game
Unveil the art of real estate marketing with our exclusive Key West Real Estate Marketing Kit—crafted to inspire and designed for success. 📚

👉 Discover the Marketing Kit
📧 Email: Teamk@trumanandcompany.com
📲 Phone: (305) 399-0330

Let’s redefine what’s possible in luxury real estate marketing. 🏡✨

 

 

See below for EVERY open house in Key West and Lower Florida Keys:

🌴 Open House in Midtown, Key West: A Must-See Property with a Stunning Centerpiece 🌳

This Sunday: Discover 1414 Leon Street, Key West at Our Exclusive Open House from 1–3 PM!

This Sunday, from 1 to 3 PM, step into a world of tropical elegance and charm in the heart of Midtown, Key West. Not only does this property offer a beautifully designed home, but it also boasts what many call the most spectacular tree in all of Key West. Prepare to be captivated as nature and architecture come together in perfect harmony.

📅 Open House Details:

When: Sunday, January 11, 2025, from 1:00 PM to 3:00 PM
Where: 1414 Leon Street, Key West, FL

Features Include:

🛏️ 3 Spacious Bedrooms – Including a primary suite with pool views.
🛁 2 Bathrooms – Both ensuite
🍳 Chef’s Kitchen – Oversized layout and ample counter space for entertaining.
🛋️ Open Living Areas – Perfect for gatherings or quiet, breezy afternoons.
🌴 Outdoor Spaces – Seamlessly blending indoor and outdoor living with a large concrete patio and private gardens.
👑The Crown Jewel: The Tree 🌳
At the heart of this property stands an awe-inspiring tree that is nothing short of majestic.

Key West Real Estate

A Natural Masterpiece:

Its sprawling branches stretch across the yard, offering shade and beauty that transforms the entire property into a tranquil oasis.

Key West Real Estate

Your Private Sanctuary:

Beneath the tree, you’ll find a serene outdoor seating area perfect for morning coffee, sunset cocktails, or simply basking in the peaceful ambiance.
This tree isn’t just part of the landscape; it’s part of the story of this home, offering unmatched character and charm.

Key West Real Estate

Why Midtown?

Living in Midtown means being close to everything that makes Key West special.

🌊 Just minutes from pristine beaches.
🍹 Conveniently close to world-class dining and vibrant nightlife.
🛍️ A short stroll to local boutiques and cultural landmarks.

Homes like this don’t come around often. This open house is your chance to experience the unique charm of Key West living.

Learn More and Stay Updated

Visit www.TEAMKAUFELT.com for the 3D tour, additional photos, and more information about this listing.

Contact Information

📧 Teamk@trumanandcompany.com

📲 (305) 399-0330

📚 Marketing Brochure

See below for other open houses in Key West:

Stunning Secret Garden For Sale, House Included!

Welcome to Your Secret Garden: 711 Ashe Street in Key West

Key West Real Estate

 

If you’ve ever dreamed of escaping to a tropical paradise, 711 Ashe Street in Key West is calling your name. Nestled in the heart of the Historic District, this property is more than just a house—it’s a serene retreat, offering the best of both indoor and outdoor living. With a lush secret garden designed by the renowned Craig Reynolds, this home embodies the laid-back charm and sophisticated style that make Key West so irresistible. This garden was also seen on HGTV. Click Here

 

Indoor Elegance Meets Outdoor Bliss

Key West Real Estate

 

Step inside, and you’re greeted by an airy and inviting home. The 12-foot-high ceilings, elegant French doors, and gleaming hardwood floors create an ambiance of timeless elegance. The open-concept layout seamlessly connects each space, allowing natural light to pour in from every window. Whether you’re lounging in the cozy living area or preparing a meal in the kitchen, you’ll enjoy tropical garden views all around.

 

Key West Real Estate

 

Outside, the magic truly comes alive. Imagine sipping your morning coffee on the spacious covered porch as a gentle breeze rustles through the palms. The garden, complete with tranquil water features and vibrant greenery, is a sanctuary all its own. There’s even an iconic outdoor shower surrounded by lush foliage, letting you soak up the island vibe every single day.

With 2 bedrooms and 2 bathrooms, this home is perfect for anyone looking for a tranquil escape. Add in two off-street parking spaces and a prime location just moments from Key West’s beaches and restaurants, and you’ve got the ideal package for effortless island living.

 

5 Reasons to Make Key West Your Home

Still on the fence about moving to Key West? Here are five reasons why you should start packing:

1. Year-Round Sunshine: With warm temperatures and sunny skies nearly every day, Key West truly feels like a perpetual vacation. Say goodbye to winter blues and hello to paradise.

2. Outdoor Lifestyle: From boating and fishing to biking and beachcombing, Key West offers endless ways to enjoy the outdoors. At 711 Ashe Street, your own private island oasis awaits, complete with a garden to rival the best tropical resorts.

3. Vibrant Culture: Key West is a melting pot of creativity and charm, with art galleries, music festivals, and unique architecture. Living here means being part of a community that celebrates life and individuality.

4. World-Class Dining: Whether you crave fresh seafood or gourmet cuisine, Key West’s culinary scene has something for everyone. And with the best restaurants just a short stroll from Ashe Street, you’ll never run out of options.

5. Relaxed Pace of Life: Life moves a little slower here, and that’s the point. Key West offers a peaceful, stress-free environment where you can truly unwind and savor every moment.

Your Key West Oasis Awaits

Key West Real Estate

 

711 Ashe Street isn’t just a home; it’s a lifestyle. With its secret garden, timeless design, and prime location, this property offers a unique opportunity to own a piece of paradise. Whether you’re ready to relocate or looking for the perfect vacation retreat, this Craig Reynolds-designed oasis is the perfect place to call home.

Don’t miss your chance to experience the magic of Key West. Schedule your private viewing today and discover why 711 Ashe Street is the home you’ve been waiting for.

 

We hope you enjoyed this article! Let us know what other articles you would like to see! Contact us: Click Here

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2024 Key West Holiday Parade

When: December 7, 2024, 7:00 PM
Where: Truman Avenue to Duval Street, Key West, FL 33040

The Key West Holiday Parade is back, bringing a vibrant mix of tropical charm and festive spirit to the southernmost city in the continental United States. Scheduled for Saturday, December 7, 2024, this much-anticipated event offers a night filled with community pride, stunning holiday displays, and unforgettable entertainment. Whether you’re a local or a visitor, this parade is a celebration you won’t want to miss. Let’s dive into what makes the Key West Holiday Parade 2024 such a special event!

What is the Key West Holiday Parade?

Photo by Keys Weekly

 

The Key West Holiday Parade is an annual tradition that captures the unique personality of this lively island. Combining festive holiday themes with Key West’s relaxed and inclusive vibe, the parade highlights the creativity and community spirit that make this event one-of-a-kind. From dazzling floats to enthusiastic performers, the parade showcases the very best of the island’s cultural fabric.

Details to Know Before You Go

Date and Time

The parade kicks off on Saturday, December 7, 2024, at exactly 7:00 PM. Arrive early to grab the best viewing spot and enjoy the pre-parade buzz as spectators line the streets.

Location and Route

The parade begins at the corner of Truman Avenue and White Street, right next to Bayview Park. It follows a scenic route down Duval Street, the heart of Key West’s entertainment district, providing ample opportunities for viewing along the way. The vibrant decorations and enthusiastic crowds transform the streets into a winter wonderland in paradise.

Key Highlights of the Event

1. Festive Floats and Marching Bands

Expect a procession of meticulously decorated floats, each designed to spread holiday cheer. Many of these floats are created by local organizations, schools, and businesses, adding a personal touch to the spectacle. Accompanying the floats are talented marching bands, energizing the crowd with their festive tunes.

2. Unique Island Flair

What sets the Key West Holiday Parade apart from others is its tropical twist. Picture holiday floats adorned with palm fronds, Santa Claus donning sunglasses, and performers embodying the island’s laid-back spirit. It’s a blend of traditional holiday elements with the vibrant essence of Key West.

3. Community Participation

The event is a showcase of local pride and creativity, with schools, community groups, and businesses contributing their talents. This sense of community makes the parade feel like a giant block party, inviting everyone to join in the celebration.

Why You Should Attend the Key West Holiday Parade

1. Fun for All Ages
Whether you’re a child thrilled to see Santa Claus or an adult soaking in the festive atmosphere, there’s something for everyone at this parade. Families, friends, and solo travelers alike will find joy in the event’s inclusive and cheerful vibe.

2. Perfect Photo Opportunities
The parade is a feast for the eyes, with its colorful floats, twinkling lights, and lively performers. Bring your camera or smartphone to capture unforgettable moments to share with friends and family—or on your Instagram!

3. Kickoff to the Holiday Season
The parade marks the official start of the holiday season in Key West. It’s a chance to celebrate the spirit of giving, unity, and cheer in one of the most picturesque settings in Florida.

Tips for Enjoying the Parade

1. Arrive Early

With crowds expected to gather well before the 7 PM start, plan to arrive early. Stake out a prime viewing spot along Duval Street, and bring a chair or blanket for comfort.

2. Dress for the Weather

Even though it’s December, Key West boasts warm, tropical weather. Dress in light, breathable clothing, but consider bringing a festive sweater for that holiday vibe.

3. Bring Snacks and Drinks

While there are plenty of dining options nearby, having a few snacks and drinks on hand can keep you refreshed while waiting for the parade to start.

Other Activities to Enjoy in Key West During the Holidays

1. Visit the Historic Seaport

After the parade, head to the Key West Historic Seaport for its annual light display. The beautifully illuminated boats offer a magical view of the harbor.

2. Explore Holiday-Themed Events

From tree lighting ceremonies to holiday markets, Key West offers a variety of seasonal activities to complement the parade.

3. Enjoy Duval Street’s Nightlife

After the parade winds down, immerse yourself in the lively nightlife of Duval Street, where bars and restaurants come alive with holiday-themed specials.

Frequently Asked Questions (FAQs)

1. Is the parade free to attend?

Yes, the Key West Holiday Parade is a free event, open to the public.

2. Can I participate in the parade?

Absolutely! Local groups, schools, and businesses are encouraged to participate. Check with the event organizers for registration details.

3. Are pets allowed at the parade?

While the parade is pet-friendly, be mindful of the crowds and noise, which might not be suitable for all animals.

4. What’s the best way to get to the parade route?

If you’re staying in Key West, walking or biking is ideal. If you’re coming from out of town, consider using public transportation or rideshares.

5. Are there any after-parade events?

Yes! Many local bars and restaurants host holiday-themed parties, offering a chance to keep the festive spirit alive.

Conclusion

The Key West Holiday Parade 2024 promises a magical evening of community, creativity, and cheer in one of the most scenic settings in Florida. Whether it’s your first time attending or a beloved annual tradition, this event captures the essence of the holiday spirit with a tropical twist. Be sure to arrive early, bring your holiday cheer, and get ready to make lasting memories in the heart of Key West.

We hope you enjoyed this article! Let us know what other articles you would like to see! Contact us: Click Here

 

2024 November Report

A Balanced Market with Promising Growth Ahead

 

Key West Real Estate Market Report | November 2024 Edition

The Key West real estate market experienced a fascinating shift in 2024, and at TEAMKAUFELT, we’re excited for 2025. As the market has reached a more balanced state, encouraging future projections —paired with the potential easing of mortgage rates—point to a strong season ahead. This makes now an exciting time to explore opportunities in this iconic tropical destination. The Key West real estate market continues to exhibit remarkable resilience. Demand remains robust, underpinned by the island’s allure as a top-tier lifestyle destination for seasonal residents and year round homeowners. Predictions for the upcoming season suggest a surge in activity, buoyed by strong interest from both new buyers and those returning to expand their real estate holdings.

 

Key West Real Estate

 

Key West Real Estate

 

Key West Real Estate

 

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Key West Real Estate

 

Key West Real Estate

 

Key West Real Estate

 

 

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TEAMKAUFELT TESTIMONIALS

 

“A huge thank you to Jackson Kaufelt for his outstanding dedication to selling our home. When you’re selling a piece of your heart, you want a professional who can get you top dollar and guide you smoothly through the entire process. Jackson was available anytime to answer all of our questions (we had a lot of those!).”

GRETCHEN AND DEAN D.

 

“Team Kaufelt were the perfect realtor partners at every step – from taking the most fabulous photos and video for marketing, to prepping our property for showing, vetting the prospective buyers, keeping us informed at every stage right up to the successful selling of our home. We could not recommend them highly enough!”

ROSI & JEFF W.

 

“Ted Stewart was professional, very responsive, and was always a step ahead. Old Town Fitness was the first business we bought in Florida and we are very happy with the service we received from TEAMKAUFELT. From rides to the airport to specific details pertaining to closing the deal, everything was smooth. Looking forward to our next commercial and/or residential deal with you in the future!”

AL F. & JOHN M.

 

“Lynn Kaufelt and her team are outstanding. Lynn herself is the leading realtor in Key West FL, having lived and worked here for several decades. She is universally admired and respected, both as a realtor and as a member of the community. Her team are all outstanding in their own right – knowledgeable, helpful, responsive, and completely committed.”

CLAIR M.

 

 

TEAMKAUFELT MARKETING

Key West Real Estate

 

Key West Real Estate

 

Key West Real Estate

 

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COMMUNITY SUPPORT

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Key West Commercial Real Estate: 905 Grinnell Street

Welcome to 905 Grinnell Street in Key West, FL.

BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income.

 

Key West Commercial Real Estate
The Church of God at 905 Grinnell Street C 1950. Jeff Broadhead Collection.

With versatile possibilities, it has the potential for improvement and the possibility of condominium conversion increasing the investment opportunity. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling.

 

Key West Commercial Real Estate; Investment Opportunity

 

Off street parking for three cars, a rarity for Old Town. This property is located in one of the most desirable neighborhoods and is just a short walk to World famous Duval street, the island’s best restaurants, shopping and more!

 

Key West Commercial Real Estate; Investment Opportunity

To view the 3D tour of 905 Grinnell Street in Key West, FL click the image:

Key West Commercial Real Estate
3D Tour of 905 Grinnell Street

 

Listed exclusively by TEAMKAUFELT, Truman & Co. Real Estate.

Key West Real Estate: 3625 Sunrise Drive

Welcome to 3625 Sunrise Drive in Key West, FL.

This stunning tropical oasis in Key West has it all, perfectly sited on an 8,937 square foot corner lot featuring a custom 30′ x 15′ heated swimming pool, exotic tropical landscaping, 3 off-street parking spaces, multiple private outdoor lounging spaces and beautiful water features creating the perfect environment for entertaining and lounging.

 

Key West Real Estate

A sophisticated gated entrance welcomes you while natural light shines down, illuminating the custom cement pavers that lead you into the home. The spacious 2,100 square foot, single-level layout offers a perfect blend of indoor and outdoor living. The thoughtful floor plan is ideal for entertaining while also providing privacy, with the bedrooms separated from the common areas. Originally a 3 bedroom home that’s been converted into a 2 bedroom, 2 bathroom residence with a den/family room, offering a more open and versatile space. Additionally, there’s a studio/workshop with a private entrance and a half bath, which could easily be transformed into guest quarters.

 

Key West Real Estate

 

The interior is highlighted by multiple skylights, Brazilian cherry hardwood floors, lots of custom cabinetry, Chef’s Kitchen, and two separate office spaces that could be converted into bedrooms. The primary bedroom offers a 13′ x 11.5′ bathroom, large walk-in closet, and French doors that open to the pool and gardens. Located in New Town and minutes from Smather’s Beach, canals, nature trails and some of the island’s best restaurants! Schedule your private showing today!

 

Key West Real Estate

To view the 3D tour of 3625 Sunrise Drive in Key West, FL click the image:

Key West Real Estate

 

Listed exclusively by TEAMKAUFELT, Truman & Co. Real Estate.

An EXCLUSIVE Look within Dale Earnhardt Jr’s Key West Real Estate Renovation

When you think of Dale Earnhardt Jr., the first thing that probably comes to mind is his impressive career in NASCAR. However, in 2018 Dale took on a new kind of project that had fans and home renovation enthusiasts buzzing. Dale Earnhardt Jr. took on the Key West real estate market and embarked on an incredible home renovation journey, transforming a historic home into a modern masterpiece while preserving its unique charm.

The Historic Home

Dale Earnhardt Jr.’s renovation project centers around a historic Key West property. This home, with its rich history and unique architecture, presented both an opportunity and a challenge. Restoring such a property means balancing respect for its past with the need for modern amenities. The house, built in the early 1900s, was a perfect canvas for Dale’s ambitious project.

Vision and Inspiration

What inspired Dale Earnhardt Jr. and his wife Amy to take on this renovation? Their vision was to create a space that honored the home’s history while incorporating modern comforts and sustainable practices. Imagine turning an old race car into a hybrid vehicle – keeping the classic look and feel but updating it with today’s technology.

Challenges Faced

Every renovation comes with its fair share of challenges, and Dale’s project was no exception. From dealing with the constraints of historic preservation regulations to finding the right materials that matched the original structure, the journey was far from smooth. Yet, these challenges only fueled Dale’s determination to succeed.

Architectural Preservation

A key aspect of the renovation was preserving the home’s original architecture. This involved meticulous research and collaboration with experts in historic restoration. Dale ensured that the architectural integrity of the home was maintained. Throughout the home impressive details paid homage to its history. The antique newel post was showcased in the foyer while the historic beams were used as striking columns in the kitchen, and the original Baltimore bricks now cover the driveway, adorn the outdoor kitchen backsplash and accent the guest bathroom. Preserving these elements was akin to maintaining a vintage car’s original parts.

Modern Upgrades

While preservation was crucial, so was modernization. From state-of-the-art security and AV systems, Emtek hardware, wide-plank oak floors, and shiplap accent walls to handmade Cuban tile and a sink built from a granite block found during the remodel, every inch of the property highlights the expert craftsmanship and attention to detail. These upgrades provide the comfort and convenience of a contemporary home without compromising the historic charm.

Outdoor Living Spaces

In Key West, outdoor living is as important as indoor comfort. Designed for relaxation, the custom pool boasts multiple water features, a splash pad and spa. Dale created an outdoor cooking area unlike any other. The outdoor kitchen includes a Blaze hibachi grill, Coyote warming drawers, Perlick refrigerator drawers, Viking pebble ice maker and a Haiku fan. Creative details include an outdoor shower integrating a surfboard painted by the artist who painted Dale Jr’s race cars. Sonos audio, B-Hyve irrigation and Hayward pool automation. These spaces extend the living area and make the most of Key West’s tropical climate.

Final Reveal

The final reveal of Dale Earnhardt Jr.’s renovated home was nothing short of spectacular. The transformation was covered by various media outlets, including the DIY network, showcasing the perfect blend of old-world charm and modern luxury. The home now stands as a testament to what can be achieved with vision, determination, and a respect for history. Dale Earnhardt Jr.’s Key West renovation is more than just a home improvement project; it’s a story of passion, dedication, and respect for history. By transforming a historic property into a modern haven, Dale has shown that with the right vision, any renovation can become a masterpiece. His Key West real estate journey offers inspiration and valuable insights for anyone looking to embark on their own home renovation adventure.

Reader note: This home is currently on the market. To learn about all of the features in this home click here and to see more photos and videos click here.

Key West Real Estate Market Comparison for August 2023

In the first of half of 2023, the average sale price of homes in Key West increased by 10%, however, the overall number of transactions closed decreased by 58%. Click the link below to see the entire real estate market update for Key West and learn how TEAMKAUFELT is continuing… to excel in an ever changing Key West real estate market.

Key West Real Estate 3-Year Market Comparison:
2023 2022 2021
NUMBER OF SALES  214  365  501
AVG. LISTING PRICE  $1,572,454  $1,419,973  $1,183,492
AVG. SOLD PRICE  $1,450,582  $1,320,309  $1,122,302
DAYS ON MARKET  53  44  82
AVG. LISTING PRICE/SF $1,058 $922 $749
AVG. SOLD PRICE/SF $1,019 $909 $724

 

 

Key West Real Estate, Key West Market, Key West Realtor,

Key West Real Estate

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To view statistics for the first half of 2023: CLICK HERE

Key West Real Estate Market Comparison for July 2023

In the first of half of 2023, the average sale price of homes in Key West increased by 10%, however, the overall number of transactions closed decreased by 58%. Click the link below to see the entire real estate market update for Key West and learn how TEAMKAUFELT is continuing… to excel in an ever changing Key West real estate market.

Key West Real Estate 3-Year Market Comparison:
2023 2022 2021
NUMBER OF SALES  214  365  501
AVG. LISTING PRICE  $1,572,454  $1,419,973  $1,183,492
AVG. SOLD PRICE  $1,450,582  $1,320,309  $1,122,302
DAYS ON MARKET  53  44  82
AVG. LISTING PRICE/SF $1,058 $922 $749
AVG. SOLD PRICE/SF $1,019 $909 $724

 

July 2023 Key West Real Estate Market statistics

July 2023 Key West Real Estate statistics

July 2023 Key West Real Estate statistics

TEAMKAUFELT Exclusive Listings

Meet TEAMKAUFELT

Meet the team

 

To view statistics for the first half of 2023: CLICK HERE

Top Bird Watching Destinations in Key West and the Florida Keys

Key West Painted Bunting | BirdingWelcome to Key West, Florida. A destination that offers a unique blend of natural beauty, ecological diversity creating the ideal place for birding. With the landscape and vibrant ecosystem, the Florida Keys is able to support numerous bird species such as the great white heron, osprey, brown pelican, and more.

Key West has also been the site of rare bird sightings that attract bird watchers from far and wide. The region’s strategic location on major migratory routes and its diverse habitats make it an ideal place for uncommon bird species to make an appearance. From the colorful roseate spoonbill to the elusive mangrove cuckoo, these rare sightings add an element of excitement and exclusivity to the bird watching experience.

 

 

 

 

 

 

 

 

 

Best Bird Watching Spots in Key West

To truly experience the finest bird watching, it is essential to explore the best bird watching spots the region has to offer. Here are some top locations that are known for their abundant bird life in Key West:

Fort Zachary Taylor State Park:

Built in the mid-1800s, this coastal fortress played a significant role in protecting Key West and the United States during times of war. Beyond its walls is a beautiful park that not only offers a beach but also provides a habitat for various bird species, including shorebirds, gulls, and terns. Located at 601 Howard England Way.

Great White Heron National Wildlife Refuge:

Located just north of Key West, the Great White Heron National Wildlife Refuge is a bird watcher’s paradise. With over 250 bird species recorded, including the majestic great white heron, roseate spoonbill, and American bald eagle, every moment spent observing these feathered creatures is a sheer delight. Don’t forget your binoculars and be prepared to spot rare avian species in their natural habitat. Located at 0650 1st Ave W, Cudjoe Key, FL

Dry Tortugas National Park:

Dry Tortugas National Park is a remote island located 70 miles west of Key West, Florida and is a boat or sea plane ride away from Key West. It is known for its crystal-clear waters, diverse marine life, and historical significance which makes this remote island a haven for bird watchers, giving them opportunities to spot rare and migratory birds.

Key West Tropical Forest & Botanical Garden:

The Tropical Forest Botanical Garden stands as a testament to preservation and conservation. Established in the late 1930s, the garden spans over 15 acres and has undergone extensive transformations over the years. The Botanical garden attracts a wide range of bird species throughout the year. Whether you’re a seasoned birder or a beginner, this garden offers ample opportunities to observe and appreciate the feathered inhabitants. Located at 5210 College Rd.

White Street Pier:

The pier is renowned for its excellent fishing spots, naturally attracting many bird species for birders of all skill levels.  As a bonus, make sure to gaze into the waters, you may be lucky enough to spot marine life swimming beneath the surface.

Conclusion

Key West offers a unique and captivating bird watching experience that showcases the beauty and diversity of avian life. Embrace the charm, history, and natural beauty that awaits you. So, pack your bags, hit the road, and let nature do the rest!

Tell us what you think! 

Key West Writers and Their Houses

Did You Know?!

key west authorKey West KaufeltLynn Kaufelt

 

 

 

 

 

 

Lynn Mitsuko Kaufelt is more than just a REALTOR, she is a published writer alongside her husband, David Kaufelt; a @NYTimes bestselling author.

They moved from NY to Key West where they discovered the island as a haven for prominent authors seeking inspiration, comfort, and creative exploration. To name a few, these writers include Ernest Hemingway, Elizabeth Bishop, Tennessee Williams, and Robert Frost.

What Lynn and David found were that these writers came to Key West for many reasons. For the historic architecture; Bahamian, Cigar Cottages, Shotgun, Queen Anne, Spanish Colonial. For the lawless tradition. Key West has a long history of pirates and laws being broken for “Florida snow” (cocaine) and “Square grouper” (bales of marijuana). To live cheek by jowl knowing they’ll run into each other at the supermarket or at a usual sit in their favorite bar. For the curious mix of people. Key West has always been known for its eccentrics and being home to the very rich and very poor.By collaborating with her literary friends and connections throughout the writer’s community, and with Lynn’s keen interest in historical houses, “Key West Writers and Their Houses” came to fruition.

Her book delves into the significance of the writers’ Key West homes. She provides descriptions of the architecture, interior design, and historical context of these houses. For instance, the Hemingway House is a Spanish colonial-style mansion with lush gardens and a distinctive atmosphere. Tennessee Williams purchased an old Bahamian house situated in an unpretentious workingman’s neighborhood, equidistant from Oldtown and Casa Marina sections. Elizabeth Bishop owned a nineteenth-century house, build in the eyebrow style, with landscaping overgrown with palms and tropical shrubs. Robert Frost lived in a cottage in the Casa Marina section.

Through Lynn’s research, personally stories, and photographs, she gives you an inside look at Key West’s picturesque landscapes and architectures, vibrant cultural heritage, and thriving writing community that captivates authors from around the world. Lynn is a woman of many skillsets which includes being a novelist.

 

Robert Frost's home

 

 

 

 

 

 

Now you know! 

To learn more about Key West and the people that live here check out this article: The Peter Pan Theory.

1230 Seminary Street, Key West | Featured Article In NY Times Real Estate Section

Welcome to 1230 Seminary Street, Key West, FL listed for $2.7 Million:

This home has three-bedrooms, three-and-a-half-bathrooms and was built in 1890, on a 0.2-acre lot.

It is on a quiet street, a five-minute walk from a butcher shop, a coffee shop and city hall. It is half a mile from Bayview Park, a green space with a playground and tennis courts, and Horace O’Bryant School, a public school serving students in prekindergarten through eighth grade. Some of the island’s best-known landmarks, including the Ernest Hemingway Home & Museum and the Key West Lighthouse, are about a mile away, as are several public beaches.

Key West International Airport is a 10-minute drive. Key Largo, a popular starting point for trips through the Keys, is about two and a half hours away. Driving to Miami takes about three and a half hours.

Size: 1,987 square feet

Price per square foot: $1,359

Indoors:

The entrance to the house is behind a wood gate, off the brick driveway. The front door, at the center of the covered porch, opens into a long foyer with a staircase to the second level and access to a powder room.

To the left, through a wide, arched doorway, is a living room with windows looking out on the surrounding greenery. The dining room is through another arched doorway. The family room, at the back of the house, has expansive windows and sliding-glass doors that open to the rear deck, the pool and the garden.

The sleek galley kitchen, separated from the family room by a breakfast bar, has stainless steel appliances and access to the rear deck.

The primary suite is off a hallway extending from the foyer. The bedroom has glass doors that open to a walkway leading to the pool area. Two full bathrooms are connected to the bedroom.

Two guest rooms are on the second floor. One has a balcony overlooking the neighborhood; the other has built-in bookshelves. They share a full bathroom at the end of the hall.

Outdoor space:

The outdoor spaces were recently updated, with new IPE wood decking and a walkway encircling the house. The pool is at the center of the backyard, surrounded by space for lounge chairs; a covered loggia at one end holds an outdoor bar. There is space to park one car in the driveway.

Article written by: Angela Serratore

To see the full NY TIMES article: NY TIMES REAL ESTATE

To see other Team Kaufelt blog posts: TEAM KAUFELT REPORT

The Peter Pan Theory | Key West, Florida

Key West Peter Pan Theory by David Kaufelt

The Key West “Peter Pan Theory by David Kaufelt” is a fascinating concept that challenges our conventional notions of adulthood and aging. The theory, inspired by the classic children’s story of Peter Pan, argues that our obsession with growing up and becoming responsible adults is not only unnatural but also counterproductive to our well-being. According to the theory, the pressure to grow up and leave behind our carefree, childlike nature leads to stress, anxiety, and unhappiness. Instead, we should embrace our inner child and enjoy the simple pleasures of life.
The concept of The Peter Pan Theory by David Kaufelt is inspired by J.M. Barrie’s classic children’s book, “Peter Pan.” The story of a boy who refuses to grow up and instead lives in a magical world of adventure and fantasy has captured the imagination of generations of readers. David Kaufelt, a renowned author and playwright, was particularly drawn to the character of Peter Pan and embraced his inner creativity and youthful self by refusing to conform to society’s expectations.

Taking a step back and listening to David’s words will allow one to realize:
• Childhood is not something to be left behind but something to be cherished and celebrated throughout life.
• The pressures of adulthood are largely artificial and create unnecessary stress and anxiety.
• Embracing our inner child can lead to greater happiness and a more fulfilling life.
• Society should place less emphasis on productivity and more on creativity, playfulness, and imagination.
Ultimately, the goal of this theory is to help us lead a happier, more fulfilling life. In Key West, the magical “Peter Pan” island, this theory is alive and well. People truly come here to be happy and to put differences aside.


Welcome to our island. Welcome to our own version of “Neverland.”
Love Where You Live,
Team Kaufelt

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ABOUT US

TEAMKAUFELT is proud to be recognized as the #1 active real estate team in Key West per the MLS for 2022 and 2023. In a year marked by extraordinary shifts in the marketplace we worked together to provide local expertise, real estate knowledge, and unmatched responsiveness.

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Lynn Kaufelt | 305.923.4276
Jackson Kaufelt | 305.393.1267
Ted Stewart | 305.399.0330

teamk@trumanandcompany.com
www.teamkaufelt.com
1205 Truman Avenue | Key West, FL 33040

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