Torchwood West Homes for Sale

Torchwood West is a residential community in Summerland Key, Florida.

Pure Equity Realty covers Torchwood West and the Summerland 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 Torchwood West Summerland Key homes for sale as of October 2026. The median asking price is $1.1M.

That is 23% below the Summerland Key median of $1.44M. On a per-foot basis, homes here ask about $1,146 per square foot, compared with $1,049 across Summerland Key. So the median price buys roughly 950 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 15 days on the market. That is faster than the Summerland Key average of 75 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Torchwood West date from 1974, so they are about 52 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 Torchwood West price means in Florida closing terms. At $1.1M, a 20% down payment comes to about $220,000, leaving a loan near $880,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,080. Next, the intangible tax of 0.2% adds about $1,760. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Torchwood West median, that is about $7,700.

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 Torchwood West listings show assignments to Sugarloaf (elementary), Sugarloaf (middle) and Key West (high). However, boundaries can change each year, so confirm the assignment for a specific address with the county school district.