Key West Homes under $1.5 million

Key West Homes under $1.5 million

Welcome to Key West, Florida – a vibrant island paradise that perfectly blends rich history, stunning natural beauty, and a laid-back lifestyle. Nestled in Monroe County, Key West is the southernmost point in the continental United States, offering a unique charm that attracts residents and visitors alike. With its colorful conch-style homes, lively Duval Street, and breathtaking sunsets at Mallory Square, Key West is a place where the spirit of adventure meets the warmth of island living.

For those looking to call this enchanting destination home, Key West offers an array of beautiful properties priced under $1.5 million. Whether you’re searching for a cozy cottage adorned with tropical landscaping, a modern townhome with ocean views, or a historic abode steeped in local lore, there’s something for everyone. These homes provide an excellent opportunity to experience the island lifestyle without breaking the bank.

Imagine waking up to the sound of waves gently lapping against the shore, enjoying your morning coffee on a sun-drenched patio, and spending your afternoons exploring nearby beaches or indulging in the local culinary scene. Key West is not just a place to live; it’s a lifestyle filled with outdoor activities, vibrant culture, and a strong sense of community.

With a real estate market that caters to diverse tastes and budgets, now is the perfect time to explore the possibilities of owning a piece of paradise in Key West. Embrace the island life and discover your dream home amidst the beauty and charm of this tropical haven!

Newest Key West Homes under $1.5 million

927 Thomas St Unit 1, Key West
$1,169,000
2 Beds ⋅ 3 Baths ⋅ 621479 MLS
Your Old Town Key West dream can start now -- with income built in. This exceptional 2-bedroom, 2.5-bath, townhouse-style condo offers a rare combination of Old Town lifestyle, flexible living space, and income-producing potential. Currently configured with a lock-off 1-bedroom apartment, the property offers an ideal opportunity for the future Key West homeowner: enjoy the larger 1 Bedroom, 1.5 Bath unit with private garden/patio as your own Key West retreat while the lock-off apartment provides substantial annual rental income. When the time comes to make Key West your full-time home, the property can be easily converted back to its original spacious 2-bedroom townhouse-style layout. A private gated entry opens to your own generous outdoor oasis, complete with a waterfall pond, large patio, and charming ''she-shed'' -- perfect for storage, an art studio, or entertaining. Inside, you'll find high ceilings, abundant natural light, generous storage, in-unit washer/dryers, and newer stainless-steel appliances. Just two blocks from Duval Street in the heart of Old Town's vibrant Bahama Village, you're surrounded by restaurants, galleries, shops, nightlife, and countless Key West attractions -- all within easy walking distance. Whether you're ready for a Key West home now or envision making the island your full-time home in the future, this is a rare opportunity to own your piece of Old Town, enjoy income along the way, and ultimately create the spacious Key West home you've been dreaming of. Some seller financing considered. Seller is a Florida Licensed Realtor. Photos 10-17 show Original Layout, 18=FloorPlan, 19-37 show Back Unit, 38-49 show Front Lock-Off Apt.

927 Thomas St Unit 1, Key West

3200 Harriet Ave, Key West
$665,000
2 Beds ⋅ 2 Baths ⋅ 621434 MLS
3200 Harriet Avenue | Key West, FL Tucked away on a desirable corner lot, this spacious 2-bedroom, 1.5-bath townhouse offers 1,332 square feet of comfortable living and one of the largest floor plans in the community. Combining privacy, generous living space, and exceptional outdoor amenities, this home is a rare find in Key West. One of the property's most appealing features is the absence of HOA fees, allowing you to enjoy all the benefits of homeownership without monthly association dues or restrictive community fees. It's a rare opportunity to own a spacious townhouse with the freedom and flexibility typically associated with a single-family home. Step outside to your own private pool, creating the perfect setting for entertaining, relaxing, or enjoying the tropical island lifestyle year-round. The corner-lot location provides added privacy and outdoor space, making this home feel even more secluded. Inside, the well-designed floor plan offers bright, inviting living spaces with plenty of room to gather, work from home, or simply unwind after a day on the water. Conveniently located in New Town, 3200 Harriet Avenue is just minutes from shopping, dining, schools, beaches, and all that Old Town Key West has to offer. Whether you're looking for a primary residence, vacation home, or investment property, this home delivers an outstanding combination of space, privacy, and the quintessential Key West lifestyle.

3200 Harriet Ave, Key West

316 Virginia St, Key West
$739,000
2 Beds ⋅ 1 Baths ⋅ 621364 MLS
Opportunity meets location in the heart of Key West's increasingly sought-after Bahama Village. Situated on a generously sized lot, 316 Virginia Street offers an exciting opportunity to expand, renovate and reimagine, creating a quintessential Key West retreat in one of the island's most vibrant and evolving neighborhoods. The property's standout feature is the size and versatility of the lot. A large backyard provides plenty of room for a pool and outdoor living, while off-street parking along the side of the property adds a highly desirable Key West convenience. With no significant tree obstacles to design around, the property offers greater flexibility when planning a renovation and making the most of the outdoor space. And then there's the location. Steps from Truman Waterfront Park, Amphitheater and Fort Zachary Taylor Historic State Park--home to Key West's most beloved beach--some of the island's best recreation is practically at your doorstep. Iconic Key West destinations including Duval Street, the Southernmost Point, and the Key West Lighthouse are also just blocks away. With Bahama Village continuing to draw attention for its unique island flavor, walkability, restaurants, entertainment, and proximity to the waterfront, this property is an opportunity to transform an existing Key West cottage into something truly special--with the lot, parking, backyard, and location to bring the vision together. A large lot. Room for a pool. Off-street parking. An exceptional Key West location--and endless potential.

316 Virginia St, Key West

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