The History of Coldwell Banker in the Florida Keys

Coldwell Banker was founded 100 years ago in San Francisco in the aftermath of the 1906 earthquake by Colbert Coldwell and later Benjamin Banker.  Today, Coldwell Banker has more than 3,900 offices and over 126,000 sales associates across North America, Central America, Mexico, Europe, China, and the Caribbean.

Schmitt Real Estate Co. was started in 1955 by Alan G. Schmitt in Marathon.  He came to the Keys as General Manager for Phil Sadowski’s Key Colony Beach developments when today’s canal front subdivisions were literally being pumped in with dredges.

In 1980, an office was opened in Big Pine Key.  In 1983, Alan’s son, Brian C. Schmitt became the Broker and in 1987 the company affiliated with Coldwell Banker.  In 1995, a Key West office was added. 

Today Coldwell Banker Schmitt Real Estate Co. has five offices and 120 agents from Key Largo to Key West with residential, commercial and property management specialists to serve you.  Coldwell Banker Schmitt Real Estate Co. is the oldest and most productive real estate company in the Florida Keys, family owned for 60 years.  We're one of 30 Coldwell Banker companies out of 870 in North America named to the elite “Chairman’s Circle” Company designation for 2014 based upon overall agent sales production. We’re ranked 13th among 285 Coldwell Banker affiliate companies in the southern region and 3rd among 44 affiliate companies in Florida.

Commercial Division

Our mission is to provide you with comprehensive, professional marketing, valuation, leasing and sales skills to realize your goals in the buying, selling or leasing of Florida Keys businesses and commercial real estate.

We represent buyers and sellers, bringing our long standing knowledge of the market and a lengthy list of successful transactions to the effort - from large shopping centers to small businesses and leaseholds.

As developers, owners, and managers of over 175,000 sq. ft. of commercial rental and institutional space in the Keys, we have a unique perspective on the commercial marketplace.  We also have represented tenants and landlords in lease negotiations from short term office leases to 50-year supermarket tenancies.  We are your primary resource for business and commercial real estate from Key Largo to Key West!

Residential Division

We guarantee to provide buyers and sellers with the services necessary to effect the purchase or sale of their residential property. Our signed 23-point guarantee puts into writing those services.

With 60 years in business in the Keys we are uniquely capable of counseling you concerning market value and how best to deal with negotiations, inspections, financing, etc. to effect a successful closing of your transaction.

We have the largest inventory of residential properties in The Keys ranging from small Conch cottages to oceanfront estates. Our exclusive Previews International® Program is specially designed to market upper tier homes through a worldwide network, and our Previews agents are specifically trained to handle vacation and second home transactions.

When you list your residence with Coldwell Banker, you’re guaranteed global exposure through our website, coldwellbanker.com, and over 740 others on which your listing will appear through our listing distribution partnerships. Thousands of prospective buyers have access to information about your property 24 hours a day, 7 days a week by visiting the site at: coldwellbanker.com and our company website: RealEstateFloridaKeys.com

Coldwell Banker has consistently been ranked the #1 real estate franchise in America and enjoys a brand awareness figure of 96 percent putting it in the same realm as Coke and Pepsi.  We work hard every day to continue that tradition.