Are there still homes available on the water under $1M in Key Largo?
The market has continued to see an increase in price point and most homes on canals and open water have been north of $1M. Often we are asked if properties ever come on the market below the $1M mark, on the water. They are becoming fewer and further between but they do sometimes show up. Click here for waterfront homes in Key Largo under $1M.
We do recommend if this is what you are looking for that you be prepared to act fast when one of these properties comes on the market. Remember, if you are looking for that type of property there are several other people looking for the same thing. It's really important to have all your ducks in a row, so if you do need to make an offer quick you are ready to pull the trigger.
Other options for waterfront that can often be more affordable than a single family home are some of the condos and townhomes. There are several communities that include lots of amenities such as a pool, tennis courts, dockage and more. So going that route sometimes might give you more bang for your buck. Click here for Key Largo Condos.
There is also a third option, a dry lot in a community with a homeowners park. These homeowner parks often include a boat ramp, and usually come at a low annual cost. Click here for properties in Key Largo under $600k