Market Insights
Key West Ultra Luxury: Top 10 Most Expensive Homes for Sale
Scott Forman
October 12, 2026 · 4 min read
32 Sunset Key Drive leads this Key West listing snapshot at an asking price of $12.5 million. The ten highest-priced Key West ultra luxury residential listings in Royal Palms Realty's October 12, 2026 collection range from $5.4 million to $12.5 million.
Search Ultra-Luxury Homes $4M+ to browse properties, view photographs and filter the current collection by location.
The top 10 most expensive Key West listings
Listing snapshot: October 12, 2026, 1:43 p.m. Eastern. Ranked by advertised asking price, highest first. This list includes Sunset Key and excludes Key Haven, Shark Key and other Lower Keys locations.
| Rank | Property | Asking price | Beds | Baths | Living area |
|---|---|---|---|---|---|
| 1 | 32 Sunset Key Drive (Sunset Key) | $12,500,000 | 6 | 7 | 3,635 sq ft |
| 2 | 1430 Vernon Avenue | $9,888,000 | 3 | 2 | 2,071 sq ft |
| 3 | 317 Whitehead Street | $6,895,000 | 6 | 6.5 | 3,425 sq ft |
| 4 | 103 Front Street | $6,850,000 | 3 | 3 | 3,000 sq ft |
| 5 | 411 Louisa Street | $6,750,000 | 5 | 4.5 | 3,663 sq ft |
| 6 | 723 Eaton Street | $6,450,000 | 7 | 8 | 3,739 sq ft |
| 7 | 1311 Truman Avenue | $6,449,000 | 7 | 7.5 | 4,306 sq ft |
| 8 | 3750 Sunrise Lane | $6,200,000 | 5 | 4.5 | 5,378 sq ft |
| 9 | 906 Johnson Street | $5,500,000 | 6 | 5.5 | 3,751 sq ft |
| 10 | 613 Margaret Street | $5,400,000 | 6 | 6.5 | 2,993 sq ft |
Each address links to its property page for photographs and additional details. The ranking reflects the active residential inventory returned by the Royal Palms Realty MLS collection at the stated time. It is not a ranking of completed sales or off-market properties.
What stands out in this collection?
The listed living areas span 2,071 to 5,378 square feet, while bedroom counts range from three to seven. The highest asking price does not belong to the largest home in the group. Those differences are a useful starting point for a more focused search: size alone does not explain the price of an individual property.
A buyer comparing these homes should consider the exact location, usable space, condition and features that matter to their plans. A larger bedroom count may be valuable for hosting guests, while another buyer may prioritize a smaller residence. Review the individual listing and arrange a showing before drawing conclusions about fit or value.
For more on how Royal Palms approaches this segment, read What Separates Luxury From Ultra-Luxury in Key West?.
Frequently asked questions
What is the most expensive home listed in Key West? In the October 12, 2026 snapshot used here, 32 Sunset Key Drive has the highest asking price at $12,500,000. Inventory and prices can change after the snapshot.
Are these asking prices or sale prices? These are asking prices. They describe what sellers are requesting, not what buyers have paid or what an appraisal would establish.
Does the ranking include Sunset Key? Yes. 32 Sunset Key Drive is identified separately as a Sunset Key property. The remaining ranked addresses are shown as Key West in the source collection.
Why aren't Shark Key and Key Haven included? This article focuses on Key West, including Sunset Key. The broader ultra-luxury search also covers nearby Lower Keys locations through approximately mile marker 30. Use its location filter to explore those areas.
What price qualifies as ultra-luxury? Royal Palms Realty uses $4 million and above as the starting point for its ultra-luxury search collection. It is a practical search threshold, not an appraisal standard or a guarantee of a property's features.
How often is this list updated? This article is scheduled for review every three months. For inventory between editorial updates, use the current ultra-luxury property search. Always confirm a property's availability before planning a showing.
Can Royal Palms Realty help me view these homes? Contact Scott Forman at Royal Palms Realty to discuss the properties that fit your plans and arrange a showing, subject to availability.
Source: Florida Keys MLS listing information displayed in Royal Palms Realty's ultra-luxury collection, October 12, 2026, 1:43 p.m. Eastern. Listings may be represented by other brokerages; inclusion does not imply Royal Palms Realty is the listing broker. Prices, status and details are subject to change. Information deemed reliable but not guaranteed.
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