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Firstimehomebuyers | Real Estate Florida Keys Blog

Thursday, August 6, 2026   /   by Lela Ashkarian

Florida Keys Real Estate Market Update

Florida Keys Real Estate Market Update
January–July 2026 compared with 2025
Lela Ashkarian, PA, ABR, CRS, GRI, e-PRO 
29 years serving the Community 
The Florida Keys real estate market is showing renewed strength. During the first seven months of 2026, 1,189 residential properties sold Keys-wide—12.4% more than during the same period last year.
The average sale price increased 12.5% to approximately $1.45 million. Total sales volume reached $1.72 billion, a strong increase of 26.4%. Simply put, more homes are selling, and buyers are spending more money than they did last year.
There are also fewer properties for sale. Active listings dropped 8.2%, while the available supply fell from 10.2 months to 8.3 months. This means buyers have fewer choices, which may help well-priced homes attract more attention.
However, pricing remains very important. The average property took 109 days to sell—12 days longer than last year. Homes sold for about 93.7% of theil ...

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Tuesday, May 27, 2025   /   by Lela Ashkarian

Best Income-Producing Property Types in the Middle Keys

Best Income-Producing Property Types in the Middle Keys
1. Single-Family Homes in Marathon and Key Colony Beach
Single-family homes in Marathon and Key Colony Beach are top choices for vacation rentals due to their weekly rental allowances. Waterfront properties, particularly those on canals or with ocean access, command premium rental rates. However, note that some neighborhoods, like Stirrup Key in Marathon, have homeowner’s associations (HOAs) that prohibit short-term rentals, so always confirm HOA rules before investing.
Why Invest?
Weekly rentals maximize income during peak and off-peak seasons.
Waterfront homes attract high demand from vacationers.
Marathon and Key Colony Beach offer a relaxed, tourist-friendly vibe.
2. Half Duplexes and Full Duplexes
Duplexes and half-duplexes are especially popular in Key Colony Beach for vacation rentals. These properties offer flexibility, allowing owners to rent one or both units while potentially using the other for personal u ...

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Thursday, May 22, 2025   /   by Lela Ashkarian

Beaches in the Florida Keys

Beaches in the Middle Keys
The Middle Keys, including Marathon and Duck Key, are home to some of the region’s most inviting beaches. These spots offer everything from family-friendly amenities to natural preserves teeming with wildlife.
Sombrero Beach (Marathon)
Sombrero Beach is a local favorite, known for its soft white sand, turquoise waters, and amenities like volleyball courts, picnic pavilions, restrooms, and a playground. It’s pet-friendly and accessible, making it perfect for families. Visitors can enjoy swimming, sunbathing, and snorkeling, and may even spot sea turtles nesting during certain seasons.
Coco Plum Beach (Marathon)
Coco Plum Beach is a more natural, less crowded beach on the Atlantic Ocean side of Marathon. It features soft white sand, shallow waters, and an adjacent wetland area. Facilities include restrooms and a covered pavilion. This beach is also a turtle nesting site and is dog-friendly, making it a peaceful spot for nature lovers and fami ...

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Tuesday, May 20, 2025   /   by Lela Ashkarian

Why No Name Key - Has No Name? brought to you By Rapid Permit and Engineering

Why No Name Key Has… No Name? #History #FloridaKeys
https://youtube.com/shorts/qvzggh1SbNE?si=66XCJhUD1Wc-7oNH


Tucked away in the Lower Florida Keys, just visible from the Spanish Harbor Channel Bridge, lies No Name Key—an island as curious in name as it is in history. Though it spans just over a thousand acres and remains largely undeveloped, No Name Key has played an outsized role in the narrative of Key life beyond Key West. Its name, ironically, has been in use since at least 1849, when surveyor F.H. Gerdes referenced it in his Reconnaissance of the Florida Reef and All the Keys. The phrase “No Name” likely originated from its absence on earlier charts, simply labeled as the island with no name. Yet by the time Gerdes wrote his survey, the label had stuck, and it has remained ever since. No Name Key’s early development included a remarkable milestone: in 1915, it became home to the first school in the Lower Keys outside of Key West. Census data ...

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Wednesday, April 30, 2025   /   by Lela Ashkarian

Work is love made visible.

Work is love made visible." – Kahlil Gibran
When we work with love, we are not just completing tasks — we are weaving our spirit into everything we do. True work is an offering, a way to serve, connect, and bring meaning into the world.
Work without love may fill our time, but empty our hearts. Let’s strive to make everything we touch a reflection of the love and passion within us. 

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Lela Ashkarian 305-395-0814
Lela Ashkarian
11050 Overseas Hwy
Marathon, FL 33050
305-395-0814
305-395-0814

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Florida Keys Board of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
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