Big Pine Key basically is among the largest and most interesting Islands inside the Keys. It possesses a populace about 5000 and as of Sept 2010-there were homes starting at $240,000. As you get nearer to water or purchase a property on a canal, the prices increase accordingly. But there are a number of different subdivisions, mostly of single family properties, and some are pricier than the others.
Water depth has an affect on prices, and some subdivisions have anywhere from just about 15 inches and some have 3-4 feet. Obviously this simply means you may have a certain type of boat in certain areas that won’t be usable other locations. It depends what you’re looking for. The shallower areas come with a lot more direct and private entry to the majority of the more natural and much more pristine parts of the island and nearby backcountry. Some may also could be (but not reliably) be less expensive.
Until now, on the drive down the Keys from Miami, the property areas were arrayed on both sides of the road, gulfside/bayside or oceanside. Here it’s completely different. The 2-lane, 45 mph Overseas Highway (what a misnomer!) extends over the southern fringe of Big Pine, through the restaurant and small business areas; much of the residential areas sit several minutes drive towards the north. To many purchasers that slower drive (30-35 mph speed limits, for the key deer) can be a price deterrent the farther north you go; to many people the isolation signifies extra value.
For help selling your Real Estate in the Lower Keys contact Kelly Kline at www.keyskelly.com
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