A search of the Key West zip code (33040) on the RealtyTrac website returns 646 properties: 171 pre-foreclosure, 22 auction, 87 bank-owned, 23 for-sale-by-owner (FSBO), and 343 resale homes. The chart, above, shows all the properties in various stages of foreclosure (except the "resale" properties).
As the chart shows, many of the pre-foreclosures are in Old Town, the most expensive part of the island - an area thought to be more immune to foreclosures and dropping prices.
Click on the map, above, to see a larger view.
Like this post? Let us know: