Kokomo Key

Waterfront living in Delray Beach usually comes with a seven-figure price tag and a single-family home on a canal. Kokomo Key changes that. This gated community of 133 townhomes sits right on the Intracoastal Waterway. Buyers get open water views, on-site boat storage, and a two-mile hop to Atlantic Avenue without the upkeep of a large estate. For anyone who wants the Florida waterfront lifestyle at a reachable price, Kokomo Key townhomes for sale deserve a close look.


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Kokomo Key, Delray Beach

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Townhomes for Sale in Kokomo Key

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About Kokomo Key

Developers built Kokomo Key in the mid-1990s, with most homes completed between 1996 and 1997. The community holds 133 two-story townhomes set along quiet, palm-lined lanes that end at the water. Each residence follows a split-bedroom design with high ceilings, walk-in closets, and a dedicated storage room.

Many owners have since modernized their interiors, so original units and fully renovated ones now sit side by side. Interestingly, the crowd here runs wide, from young families and remote professionals to retirees who want a lock-and-leave second home.

One feature of this neighborhood gives the place its signature: a waterfront gazebo and boardwalk, where neighbors gather to watch boats glide along the channel at sunset.

HOA Information & Lifestyle Amenities

Kokomo Key operates as a managed HOA community, run by CMC Management. Monthly fees generally fall between the mid-$300s and low $500s, depending on the floor plan. That single payment shoulders most of the heavy lifting. It covers building and roof maintenance, grounds care, the community pool, security, property insurance, pest control, trash, cable TV, and parking. As a result, owners sidestep the surprise repair bills that come with a stand-alone house. The dues also fund the recreation spaces that shape daily life inside the gates.

Residents enjoy amenities that include:

  • Heated and cooled saltwater pool with an adjacent sundeck
  • Gated storage yard for boats, trailers, and RVs
  • Covered, assigned parking plus extra guest spaces
  • BBQ and picnic area built for weekend cookouts
  • Children's playground for younger residents
  • Basketball court for casual pickup games
  • Landscaped Intracoastal park reserved for the community

Townhomes for Sale in Kokomo Key

With such a limited number of homes, listings here tend to be scarce and move quickly once priced right. Most homes offer two or three bedrooms paired with two or two-and-a-half baths. Floor plans generally span 1,180 to 1,440 square feet across two levels. Based on recent MLS activity in 2026, asking prices have ranged from the low $300,000s to roughly $530,000, which pencils out to about $345 to $440 per square foot. Buyers should also plan for HOA approval, a standard step that includes a written application and board sign-off.

Beyond the numbers, the interiors tell their own story. Renovated homes commonly feature quartz or soapstone counters, stainless appliances, hardwood floors upstairs, and impact-glass sliders that open onto screened patios. Units along the seawall command a premium for their direct water outlook. For a turnkey home minutes from the beach, this updated inventory delivers value that is hard to match. A local Delray Beach luxury realtor can flag new listings the moment they reach the market.

Top Highlights of Kokomo Key

  • Boutique collection of townhomes behind a single gated entry
  • Split-bedroom floor plans with volume ceilings and roomy closets
  • Roman soaking tubs and screened patios in many residences
  • Impact glass and accordion shutters for storm-season peace of mind
  • Updated kitchens with quartz, granite, or soapstone surfaces
  • Corner and seawall homes with wide, unobstructed water views
  • Pet-friendly community that welcomes cats and dogs
  • About two miles from Atlantic Avenue dining, galleries, and nightlife
  • A short ride east to the Atlantic sand and open water
  • Low-maintenance living suited to seasonal and second-home owners

Location of Kokomo Key in Delray Beach

You will find Kokomo Key along Kokomo Key Lane in Delray Beach, FL 33483. The community tucks just off North Federal Highway in the eastern half of the city. Atlantic Avenue and its restaurant row sit about two miles south, while the public beach is a quick drive east. This pocket of East Delray also keeps daily errands close, with grocery stores, pharmacies, and coffee shops minutes from the gate. Commuters, meanwhile, appreciate the short reach to I-95 and the Tri-Rail line to the west. Nearby Gulf Stream adds a stretch of quiet coastline just to the north. For buyers who want calm streets without giving up access, this spot lands in a rare sweet zone.

Top Destinations Close to Kokomo Key Townhomes for Sale

Kokomo Key puts daily life and weekend plans within easy reach. Here are a few places residents return to often:

  • Atlantic Avenue (about 2 miles): Delray's walkable main street, lined with chef-driven restaurants, rooftop lounges, art galleries, and a weekly green market.
  • Delray Municipal Beach (about 2.5 miles): A wide public shoreline with lifeguards, gentle surf, and metered parking right off A1A.
  • Knowles Park (about 1.5 miles): A city boat ramp and shaded picnic spot that gives boaters quick Intracoastal launch access.
  • Gulf Stream Golf Club (about 2 miles): A historic, invitation-only club with a 1924 Donald Ross course along the coast.
  • Pineapple Grove Arts District (about 2 miles): A mural-filled pocket of studios, breweries, and indie shops just north of the Avenue.
  • Marina Delray (about 2 miles): A full-service Intracoastal marina with fuel, wet slips, and repair services for boat owners.
  • Old School Square (about 2 miles): A cultural campus with a theater, museum, and outdoor pavilion that hosts concerts and festivals.

Nearest Educational Institutions to Kokomo Key, Delray Beach

Families at Kokomo Key fall within the Palm Beach County School District, with assigned schools at Plumosa, Carver Middle, and Atlantic High. Several private and charter options also sit within a short drive.

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Frequently Asked Questions About Kokomo Key

Can you keep a boat at Kokomo Key?

Yes, though not the way a canal home works. Kokomo Key offers a gated on-site yard for boat, trailer, and RV storage, along with a community dock and boardwalk on the waterway. Homes here do not come with private deepwater slips. For longer outings, boaters often launch at nearby Knowles Park or rent a slip at a marina up the waterway.

Does the Kokomo Key HOA allow rentals?

Yes, but with guardrails that protect resale value. Owners must hold a unit for one full year before they can lease it, and the association permits one lease per home each year. Every tenant also goes through an application and background check. For that reason, the community suits buy-and-hold investors far better than short-term or vacation rental operators.

Are Kokomo Key townhomes in a flood zone?

Many are, since the community fronts the Intracoastal in East Delray Beach. Lenders often require flood insurance for waterfront properties, while the HOA master policy already covers the building structures. Buyers should pull the specific FEMA flood designation for any address before closing. That single check can shape both your insurance budget and your offer.

How does Kokomo Key compare to other waterfront communities in Delray Beach?

It trades private docks for a lower price of entry. Single-family enclaves like Tropic Isle offer deepwater slips behind each home, but they often start well into seven figures. Kokomo Key delivers Intracoastal frontage, a shared dock, and far less maintenance for a fraction of that cost. For boaters on a budget, that trade-off makes sense.

What are the pet rules at Kokomo Key?

The association allows up to two pets per home, subject to a one-time pet fee and certain breed restrictions. On-site green space and the waterfront park give dogs room to stretch their legs. Policies can change over time, so buyers with animals should confirm the current rules with the HOA before they sign.

Are Kokomo Key townhomes updated or original?

Both exist here, which is part of the appeal. Some owners have fully remodeled their homes with quartz kitchens, newer windows, and wood floors, while others remain closer to the original 1990s finishes. Price usually reflects that gap. Move-in-ready units sell at the top of the range, and dated homes leave room to add value.

Ready for a Waterfront Life at Kokomo Key?

The Mastropieri Group, Realtors® can help you move first on a Kokomo Key townhome, backed by more than 2,000 five-star online reviews. A seasoned Delray Beach real estate agent will walk you through pricing, HOA approval, and the waterfront details that matter most before you make an offer. Whenever you are ready to buy, sell, or invest along the Intracoastal, reach out to tour current listings. Call (561) 287-7000 to get started.

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