Summerland Key Homes for sale
About twenty miles to the east of Key West lies Summerland Key, a bedroom community, home to the Brinton Environmental Center. On the island, there is also a marine research center and the majority of its residents commute to either Marathon or to Key West. Unlike some of the other smaller, more remote islands in the chain of the southern coast of the Florida peninsula, this key has more businesses, which are frequented by its locals.
However, this area is far from the typical suburban communities found in the northeast and midwest, featuring unspoiled scenery and a offering a low cost of living. Like most of the other islands, popular activities are found nearly exclusively outdoors, with incredible weather year-round. Popular outdoor recreational activities are boating, snorkeling, fishing, biking, kayaking, and sunrise and sunset watching.
The real estate market here is an impressive one. It maintains a steady appreciation, mostly because of limited space to build. New building standards, which are stricter than previous codes are in effect, making residential properties here a wonderful investment opportunity. The median sales price on Summerland Key is $375,000, though the average listing price for sale is almost $879,400. About 40 percent of properties on the island are distressed properties; but, non-distressed homes sale for an average of $268 per square foot.