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New Town neighborhood, Key West, Florida — homes and real estate

Modern Island Living

New Town

Newer development with contemporary homes, wide streets, and easy access to the causeway and mainland.

New Town represents modern Key West living. Developed in the latter half of the 20th century, this neighborhood features wider streets, newer construction, and contemporary home designs. The area is popular with those seeking modern amenities, open floor plans, and easy access to the Key West International Airport and the causeway to the mainland. Properties include modern single-family homes, townhouses, and condominium communities with resort-style amenities. New Town offers a suburban feel while maintaining island charm.

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Price Range

$1.2M - $3.8M

Property Types

Modern Homes, Townhouses, Condo Communities

Lifestyle

Modern, Convenient, Growing

Photo Gallery

New Town Modern Homes
Wide Streets
Contemporary Architecture
Causeway Access

Market Insights

Median Price

$1.9M

Days on Market

45-70

Inventory

Moderate (3.6 months)

Price Trend

+8.8% YoY

Walkability Scores

Walk

58

Transit

38

Bike

65

Somewhat Walkable — car-dependent for most errands

Flood Zones & Insurance

FEMA Zones

X, AE (varies)

Insurance Note

Mixed zones. X zones preferred. AE zones require flood insurance. Average annual: $1,400-$4,200

Buyer Intelligence

Architectural Character

Modern CBS and frame construction from the 1960s onward, with many homes fully updated or custom built to current hurricane code standards. No architectural review overlay; owners have maximum flexibility for design, materials, and additions.

Vacation Rentals

Not Permitted

Short-term rentals are not permitted in New Town. The area is zoned for annual residential use. This makes New Town a strong market for full-time residents and buy-and-hold investors seeking stable, long-term tenancy.

HOA

None

Most single-family homes in New Town carry no HOA obligations. Some planned townhome and condo developments have associations with fees in the $200–$600/month range.

Parking

New Town has the most generous parking of any Key West neighborhood — two-car driveways and garages are common. For buyers who drive regularly or own boats and trailers, New Town is the clear practical choice on the island.

Area Schools

Key West High School
Public·Grades 9–12

Horace O'Bryant Middle School

Public·Grades 6–8

Poinciana Elementary

Public·Grades K–5
Florida Keys Community College
College·Grades Post-secondary

Neighborhood Highlights

Newer Construction

Wide Streets

Causeway Access

Growing Area

Modern Amenities

Suburban Feel

Interested in New Town?

Damian can help you find the perfect property in this neighborhood.

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