Royal Palms Realty

Key West & Lower Keys Ultra-Luxury Homes — $4M+

34 Active listings at $4 million+

MLS snapshot: Oct 14, 2026, 3:01 PM EDT. The source feed refreshes approximately every 15 minutes when the page is accessed.

Florida Keys MLS · All brokers’ Active residential listings · $4,000,000 and above · Key West through Mile Marker 30. Listing prices, statuses and availability are subject to change. Information deemed reliable but not guaranteed.

Key West Luxury Real Estate

Questions worth asking before the showing.

What defines the ultra-luxury market in Key West?

For this collection, Royal Palms uses $4 million as a practical starting point, while recognizing that location, waterfront, architecture, privacy, lot size and scarcity matter more than a price label alone.

Where are Key West’s highest-value homes concentrated?

They are not confined to one neighborhood. Sunset Key and Shark Key are important concentrations, while exceptional properties also appear in Old Town, Casa Marina, Truman Annex and other waterfront locations.

Why does local knowledge matter more at this level?

High-value Key West properties can differ materially by waterfront exposure, dockage, historic restrictions, construction, insurability, privacy and micro-location. Those differences are often poorly represented by broad automated comparisons.

Can Royal Palms represent a confidential or off-market search?

Yes. A high-value search can begin privately with Scott Forman rather than through a public property inquiry. The objective is to understand the property requirements first and then identify the appropriate opportunities.

Private Representation

Some searches should begin with a conversation, not a form.

Work directly with Scott Forman, broker/owner, principal broker, on a focused acquisition or sale.

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