Boca Raton, Florida · Community Guide · Updated October 2026
Caribbean Keys, Boca Raton: Waterfront Homes and Prices (2026 Guide)
74 canal homes with docks and no HOA: prices and schools, in one page.
By Enrique Urdaneta, Real Estate Advisor, Engel & Völkers · Last updated October 11, 2026 · Data: Beaches MLS
What is Caribbean Keys? Caribbean Keys is a waterfront neighborhood of 74 single-family homes in east Boca Raton, Florida (ZIP 33487), on Havana Drive, Coastal Drive, Rico Drive, Nassau Drive and NE 7th Avenue. Built in the 1960s and 1970s, many homes sit on canals with private docks. There is no gate and no HOA. In the last 12 months, homes listed or sold for $1.85 million to $6.13 million.
Caribbean Keys is a small boating neighborhood where original canal homes and new waterfront builds trade at very different prices.
Caribbean Keys: Quick Facts (2026)
| Fact | Detail |
|---|---|
| Location | Havana Drive, Coastal Drive, Rico Drive, Nassau Drive, New Castle Street and NE 7th Avenue, Boca Raton, FL 33487 |
| Homes | 74 |
| Built | 1960s and 1970s, plus newer rebuilds |
| Waterfront | Canals with private docks on many homes |
| Gated | No |
| HOA | None |
| Club membership required | No |
| Listed or sold, last 12 months | 8 homes: 6 sold, 2 active. $1,850,000 to $6,125,000. Median about $2,500,000 (Beaches MLS) |
| Public schools | J.C. Mitchell Elementary, Boca Raton Community Middle, Boca Raton Community High |
How Much Are Homes in Caribbean Keys?
In the last 12 months, six homes sold in Caribbean Keys and two were listed, at prices from $1,850,000 to $6,125,000, with a median near $2,500,000, per Beaches MLS.
| Address | Bedrooms | Size | Price |
|---|---|---|---|
| 5600 Coastal Drive | 4 | 5,326 sq ft | $6,125,000 |
| 760 Havana Drive | 5 | 4,772 sq ft | $4,525,000 |
| 5798 NE 7th Avenue | 4 | 3,223 sq ft | $2,500,000 |
| 5635 Rico Drive | 3 | 2,310 sq ft | $2,495,000 |
| 727 Havana Drive | 3 | 1,762 sq ft | $2,000,000 |
| 5567 Rico Drive | 3 | 1,679 sq ft | $1,850,000 |
As listed by Echo Fine Properties. Not all sales fall in the last 12 months.
What this means: homes under 2,000 sq ft sold near $2 million, while larger homes sold above $4.5 million. On the water, the lot carries much of the value.
Does Caribbean Keys Have an HOA?
No. Recent MLS data shows no HOA.
What Is the Boating Like in Caribbean Keys?
Many homes sit on canals with private docks, per Echo Fine Properties. Before you buy, confirm dock length, depth at low tide, seawall condition and the route your boat will take to the inlet.
Is Caribbean Keys Gated?
No.
Which Schools Serve Caribbean Keys?
Public schools reported for Caribbean Keys:
- J.C. Mitchell Elementary School
- Boca Raton Community Middle School
- Boca Raton Community High School
Confirm the assigned schools for a specific address with the School District of Palm Beach County.
What Does It Cost to Own a Home in Caribbean Keys?
A home at the median price near $2,500,000 carries no HOA and no club fee. Yearly costs come from property taxes, insurance and the dock.
| Cost | Amount |
|---|---|
| Home price (median, last 12 months) | About $2,500,000 |
| HOA | $0 |
| Club entry fee | $0 |
Not included: property taxes, homeowners, wind and flood insurance, and dock and seawall maintenance. Check property taxes with the Palm Beach County Property Appraiser.
Caribbean Keys FAQ
Where is Caribbean Keys?
In east Boca Raton, ZIP 33487, on Havana Drive, Coastal Drive and Rico Drive.
How many homes are in Caribbean Keys?
74.
How much are homes in Caribbean Keys?
In the last 12 months, homes listed or sold from $1,850,000 to $6,125,000 (Beaches MLS).
Does Caribbean Keys have an HOA?
No.
Do homes have docks?
Many do, on canals.
Thinking About Caribbean Keys?
In Caribbean Keys, original canal homes and new builds trade far apart. I help owners compare a retail sale with a sale to a builder, and help buyers price the dock and lot before the house. As a yacht broker, I can also help match the dock to the boat.
Watch my community guides on YouTube
Enrique Urdaneta, Real Estate Advisor, Engel & Völkers
I don't sell houses. I help you make strategic decisions about your wealth.
Sources
- Beaches MLS (Matrix), single-family, active Oct 7, 2026 and closed Oct 7, 2025 to Oct 7, 2026 (Caribbean Keys: 8 transactions)
- Echo Fine Properties: https://www.echofineproperties.com/communities/boca-raton/caribbean-keys/
3 Properties Available In Caribbean Keys
- 1/13 13
Active$ 36,000,000
0.67 Acres870 Havana DR, Boca Raton, FL 33487
Vacant Land
Listed by Ocean Luxury Properties LLC
- 1/37 37
Active$ 6,000,000
5 Beds5 Baths4,057 SqFt857 Havana DR, Boca Raton, FL 33487
Single Family Home
Listed by Ocean Luxury Properties LLC
- 1/38 38
Active$ 2,195,000
3 Beds2 Baths1,937 SqFt5660 Nassau DR, Boca Raton, FL 33487
Single Family Home
Listed by Lynn Realty Group