Open Water Homes under $1,000,000 in the Florida Keys

Back in the real estate boom in the Florida Keys, open water homes were priced well above $1,000,000.  In today’s market, however, there are several homes to choose from priced at $1,000,000 or less.  There are 152 homes in the Florida Keys being marketed as open water. They range in price from $159,000 (a small mobile home in Key Largo) to $1,000,000. The average list price is $719,824.

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* Please note, that some of the listings may have been entered as single family when they are in fact, mobile homes. Also, one or two listings on large open canals have been marked as open water when they are actually canal-front homes. You can tell properties that are true open water by looking at the photos and the maps.