Key West 203 FS Boats For Sale

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The Key West 203 FS is a 20-foot-3-inch center console in the builder's Family Sportsman series, designed to split duty between family days and serious fishing. It carries an 8-foot beam, a 19-degree dead rise, and a deep-V hull with pronounced bow flare that cuts cleanly through two-foot-plus chop. The hull is fully foam-filled with level and upright flotation as standard equipment, and rated for up to eight people. A "family side" rear bench and a "sportsman side" of rod storage and live wells let one boat handle tubing, skiing, and inshore or nearshore fishing on the same trip.

Power comes from a single outboard. The standard rig is a Yamaha F150 four-stroke with integrated hydraulic steering and a stainless prop, while many buyers step up to a 200-horsepower Yamaha for extra reserve. With the 200 Yamaha, the boat runs to nearly 47-48 mph solo with more left in it, and still planes cleanly with six or seven people aboard. Fuel capacity is 50 gallons. Two Lenco trim tabs help level the load, and the boat is commonly trailered on a dual-axle setup, including a West Coast Saltwater Series I-beam trailer with an upgraded wheel package and disc brakes.

The helm pairs a flush-mounted Garmin display with Yamaha digital gauges; the CL5 information system ties into the engine for detailed data, and Simrad electronics are also offered. A stainless steel tilt steering wheel sits ahead of mechanical or digital throttle controls, with a switch panel for navigation lights, bilge, live well, raw water, and courtesy lights. The console has a padded shelf for keys, phone, and a compass, a lower catchall that doubles as a footrest, and an upgraded leaning post available with four rod holders across the back. A USB port and Fusion stereo with six speakers, including two in the T-top, round out the dash. The optional hard T-top is popular on this model; a bimini is the alternative.

Layout is built around storage and fishability. The bow offers forward-facing seating with removable backrests over storage lockers, a recessed stainless grab rail, insulated fish boxes, and an optional bow filler cushion that converts the area into a lounge or a full-width casting platform. Molded-in rod lockers in both sidewalls are part of the fiberglass laminate, freeing up a couple of inches of floor width per side, and a molded rain channel funnels water aft while doubling as a tow grip. Four flush-mount stainless trolling rod holders sit on the gunnels alongside multiple cup holders. The transom carries a molded swim platform with a telescoping flush-stowing ladder, a centered live well flanked by two storage areas, raw water washdown as standard, and two LED underwater transom lights.

Practical touches set this boat apart for buyers who use it hard. The battery switch is mounted on the starboard console sidewall for easy reach, with batteries on an elevated dry shelf inside the console, which also has a recessed area tall enough for a porta-potty or changing room behind a curtain. A trolling motor plug, harness, and under-deck reinforcement for bow mounting are now standard, and Minn Kota Raptor power poles are available. Four push-up cleats and four pop-up fender cleats keep dock lines and bumpers off each other.

When shopping a Key West 203 FS for sale, confirm the engine choice, since the 150 and 200 Yamaha change performance meaningfully, and check whether the boat has the freshwater washdown, which is an upgrade over the standard raw water system. Note the equipment level too: tow bar package, bow upholstery, hard T-top, and custom cooler are options rather than standard. The rear bench backrest secures with hook-and-loop and can drop in chop, a detail some owners reinforce with a magnet kit.



Currently, there are 696 boats available for sale for Key West boats. Prices range from $9,900 to $315,373, with an average listing price of $84,078. The inventory includes 450 new boats and 246 used boats. The fleet is comprised of 696 powerboats. 2 boats have been added to the marketplace in the past month. Popular boat types include Center Console, Dual Console, Bay, Sport Fishing, and Other. boats are most popular in Fort Myers, Lake Placid, Bradenton, Gulfport, and Wilmington. There have been 2,495 boats listed on MarineSource that have sold in the past year. May is the most common month for new and used boats to be added to MarineSource, so be sure to check back regularly. May is the most common month for boats to sell, so be sure to beat the rush! The most common activities for boats are family fun, saltwater fishing, day cruising, and freshwater fishing. Most boats contain gps, radio, bow rail, sea keeper, and with heads. boats tend to have an average of 1 engine. It is common for boats to have Yamaha engines or YAMAHA engines or Suzuki engines.

Insights and Analytics for Key West Boats for Sale

Updated June 30, 2026

696
total Key West boats for sale
2
Key West boats for sale added in the past month
2,495
Key West boats for sale sold in the past year
$84,078
is the average listing price of Key West boats for sale

Condition

There are 450 new and 246 used Key West boats for sale

Price

The most common price for Key West boats for sale is $50k-$63k

Popular boat types

The most popular types of Key West boats for sale are Center Console, Dual Console and Bay

Popular cities

The most popular cities for Key West boats for sale are Fort Myers, FL, Lake Placid, FL and Bradenton, FL

Popular activities

The most popular activities for Key West boats for sale are Family Fun, Saltwater Fishing and Day Cruising

Popular features

The most popular features for Key West boats for sale are GPS, Radio and Bow Rail

Market Activity

The busiest month for Key West boats for sale is May, with 80 boats added and 333 boats sold

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