What's so great about living in Key West? How much does it cost? 

Sadly, that's normal in KW.

Hahahahahahahaha

Reminds me of Bourbon Street in New Orleans! 😂

I've been in Key West for 33 years and I agree, it has changed a lot.

totally agree. Disappointment ...

Thank You. I'm glad you enjoyed it. If you haven't already, please subscribe to my channel.

@@garymcadamspa8450 👍 It's difficult to feel like you're getting an honest depiction from online real estate agents. Subscribed!

That's Key West for you...

We do have some amazing trees in The Florida Keys.

That has been the case for a long time. The working locals mostly rent because they can't afford a house. This is the case in most resort towns. The resort towns on the mainland, they will just live a few Towns over. In KW they rent and even the rents are getting very high.

I can wait until SHTF, places like this will be free because everyone left or died.

@@westcoastadventurers8504 I can't see that happening in the Florida Keys. People have been saying this for over 20 years but there is only so much island. Supply and demand will keep the market strong as it has for well over 30 years.

Watch the video.. he said most workers live a couple keys north

Keep don’t believing because it can’t & won’t happen. Even after a tragic hurricane, enough people rebuild & the market values stay high 😑

Insurance is going to be high anywhere on the Ocean. More so when you're on a small island In between The Atlantic and The Gulf. That beind said, may I suggest getting quotes from KIN? I switched all 3 of my houses to KIN and my rate was less than half than I was paying Citizens for the exact same coverage with a lower deductible.

Yes, Key West is very expensive but if you compare it to like type places It's really not expensive. It's an island in Southern Florida. Lets look at Marco Island, Captive Island, Anna Maria Island, Fisher Island, Sanibel Island, Star Island then Key West homes are pretty cheap.If you compare it to Kentucky, yes, Key West is very expensive.

Yes it is home to insane people

You're welcome. If you want to leave Canada for the cold Winter we have some great homes for sale in the Florida Keys.

@@garymcadamspa8450Thanks, Gary. I wish you all the best, and thanks for the reply. Have a great week!

Thank you Ralphie. You always had a way with words.

Thai is unfortunately the case with any oceanfront community. The house my Parents sold on Seabrook Beach, NH was just sold for $2.6M. My parents sold it for $375,000 about 25 years ago.

That is the case usually. Key West is very expensive but when you compare it to like type areas it is pretty cheap. You are on an island in southern Florida. Compare it to Marco Island, Captiva Island, Fisher Island, Star Island and Key West is pretty cheap. Compare in to Kentucky and Key West is very expensive..

@@garymcadamspa8450 my comparison at the time was to Tampa.

Unfortunately, affordable rent is a huge problem in KW.

The people who were born in the Florida Keys are called "Conchs". Some of them are Conchs living in houses that have been in their family for several generations. Some are people who bought them years ago. I bought my house in 1991. Some are very wealthy people buying vacation homes. Some are investors buying rental homes. Most of the lobor force rents.

It is somewhat similar to Hawaii only you can drive to the Florida Keys. We are a small chain of islands, like Hawaii, and there is limited land. like Hawaii. Suply and demand sets the prices, like Hawaii.

I'm sorry you didn't like Key West. It's not for everybody. The Keys have never been known for our beaches. If you want beautiful beaches in Florida I would stay on the mainland. Both Florida's east and west coast have beautiful beaches. Also, The Panhandle.

Thanks for the compliment. If you ever want to see what's for sale in the Keys give me a call. You can also see all the new listings on my RU-vid Channel or you you can get a lot more details and photos if you follow my blog, www.keywestinvesting.com. If you haven't already, please subscribe to my channel.

The rents are very high in Key West. As a Realtor, I hear this just about every single day. But when you compare it to like type areas realizing you are on an island in southern Florida it changes the perspective. Compare rents on Marco Island, Anna Maria Island, Fisher Island, Star Island (If the even have any rentals), Captiva Island and Key West is on the low end of the price of rent. Compare it to Kentucky and Key West is expensive.

Just another day in Key West.

Very true. Not to mention, much lower taxes and cost of living than California too.

Thanks Frankie. I'm glad you like it. Give me a call some day. It would be great to catch up.

Thank You Joe!!

Not at all. Just a typical "Island Neighborhood". Most of the houses in the video are worth $1M-$1.5M.

@@garymcadamspa8450 I live in pricecy socal and these homes would be in the ghetto here

The stilt houses are more per FEMA than Key West or Monroe County. Anything built after 1975 in a flood zone has to be 8 feet above sea level. The 8 foot mark above sea level is usually 3 to 4 feet off the ground you stand on. Most people go 8 to 10 feet off the ground so they can park and have storage under the house. Many houses are 12 to 15 feet above the ground so a boat on a trailer or an RV can be parked under the house. As for insurance, it literally varies from house to house and lot to lot. I have seen some homes where the insurance is as low as $3,000 a year for everything and some that are as high as $25,000 a year. If you find a house you are interested in the very first thing I suggest buyers do is get an insurance quote. That way if the insurance is too high you can cancel the contract during your due diligence/inspection period before you put out the money for a home inspection, survey and appraisal.

Now home owners is apx $1000 a year BUT that does not cover hail, wind or flood. Mortgage companies require wind and now if you get wind you must also get flood even if you are 15ft ASL. Wind and flood would cost us $12000 a year.

I love Islamorada.

I didn't see that question. I apologize if I missed it. Stock Island which is the first island outside Key West is home to a lot of the workforce. Also Big Coppitt Key. Many will live on one of the Lower Keys from Big Pine Key down. Some will get 3-4 roommates and rent a place right downtown in Key West.

They are insane to ŵork for the pay they are getting.

It is pricy but when you compare it to like type locations Key West, or the Lower Keys are priced pretty low. You are on an island in Southern Florida. Let's look at Marco Island, Fisher Island, Star Island, Anna Maria Island, Captiva Island or Sanibel Island. Compare the prices to these locations and the Florida Keys will be on the lower end of the price point. Compare it to Nebraska and, yes, the Florida Keys are very expensive.

It varies. Rents are also very high. Some will have 3/4 live in a house together. Others will go up the Keys to Big Pine which is about 27-28 miles from KW.

Maybe one day :-)

Tacos are always better. They are even better after a day of looking at Key West homes for sale.

@@garymcadamspa8450 Fish Tacos and Key Lime Pie.

Yes, Key West is very expensive but if you compare it to like type places It's really not expensive. It's an island in Southern Florida. Lets look at Marco Island, Captive Island, Anna Maria Island, Fisher Island, Sanibel Island, Star Island then Key West homes are pretty cheap.If you compare it to Kentucky, yes, Key West is very expensive.

Yes. I've been in Key West for 33 years but grew up in Boston.

Not sure what you're asking?

That isn't a question, just stating a fact. Some of us are feeling a crunch.@@garymcadamspa8450

Exactly! I miss the prices from 4 years ago.

On average we have 12-15 closings a day in Key West and about 50 a day in the entire Florida Keys. I personally have 2 under contract right now. People can afford it.

@@garymcadamspa8450 Yeah just not us poor retired Veterans. I’m 62. My dad is from Key West. His first car, was a Wellcraft! His family were Lobster fishermen until the Army had different plans for him. I absolutely love Key West. Just seems out of reach. Possibly buy a nice sailboat and live on it. I don’t think that’s very doable either. I don’t know…….. Maybe someday……..

Unfortunately Key West isn't for everyone. There are other great areas in Florida you could look at. I can help you there too. Just give me a call at 305-731-0501.