Plantation Key Colony 1st Homes for Sale

Plantation Key Colony 1st is a residential community in Plantation Key, Florida.

Pure Equity Realty covers Plantation Key Colony 1st and the Plantation Key area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Plantation Key Colony 1st Plantation Key homes for sale as of October 2026. The median asking price is $1.97M. Asking prices run from $1.75M to $2.19M.

That is 95% above the Plantation Key median of $1.01M. On a per-foot basis, homes here ask about $1,366 per square foot, compared with $606 across Plantation Key. So the median price buys roughly 1,450 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 142 days on the market. That tracks the Plantation Key average of 173 days, so pricing and terms follow the wider city market.

Homes listed in Plantation Key Colony 1st date from 1962 to 1987. That puts them between 39 and 64 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Plantation Key Colony 1st price means in Florida closing terms. At $1.97M, a 20% down payment comes to about $395,000, leaving a loan near $1.58M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,523. Next, the intangible tax of 0.2% adds about $3,156. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Plantation Key Colony 1st median, that is about $13,808.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Plantation Key Colony 1st listings show assignments to Plantation Key (elementary), Plantation Key (middle) and Coral Shores (high). However, boundaries can change each year, so confirm the assignment for a specific address with the county school district.