An Island Oasis So Private, Yet Enjoyed by the Ultra Rich
Sunset Key is a small island paradise just off the coast of Key West, Florida. This secluded haven offers a unique blend of natural beauty, luxurious living, and a vibrant community. In this article, we’ll explore the allure of Sunset Key and delve into the average sale prices of its exclusive properties. Sunset Key is the epitome of a tropical paradise. With its lush landscapes, pristine beaches, and panoramic views of the Gulf, it’s no wonder why this island has become a coveted destination for those seeking the ultimate escape. Accessible only by a 7 minute ferry ride from Key West, the island offers a sense of seclusion and tranquility that’s hard to find elsewhere. Over two thirds of the island is designated as a nature preserve, ensuring that its natural beauty remains untouched. Walking and biking trails wind through this preserved land, allowing residents and guests to immerse themselves in the island’s natural splendor.
Sunset Key’s real estate market is a testament to luxury living. The island is home to a collection of stunning, upscale properties, ranging from elegant beachfront cottages to sprawling waterfront estates. These homes are designed with meticulous attention to detail, combining modern amenities with the charm of a bygone era. The average sale price for properties on Sunset Key reflects its exclusivity. The average sale price for a home on the island is around $3 million. However, it’s important to note that prices can vary significantly depending on factors such as size, location, and architectural features. Despite its small size, Sunset Key boasts a vibrant and close knit community. The island’s residents, a mix of full time homeowners and part time visitors, share a passion for the island’s natural beauty and relaxed way of life. Regular community events and gatherings foster a sense of camaraderie among those fortunate enough to call Sunset Key home.
The Island's most prominent gathering spot is Latitudes Restaurant, which is known not only for its gourmet cuisine but also for its breathtaking sunset views. Residents and visitors alike flock to Latitudes to enjoy delicious meals while watching the sun dip below the horizon, painting the sky with hues of orange and pink. Investing in Sunset Key real estate offers more than just a luxurious lifestyle. It also presents an opportunity for financial growth. The limited availability of land on the island, combined with its enduring appeal, has historically contributed to property values appreciating over time. While there are no guarantees in the real estate market, owning a piece of Sunset Key can be a sound investment.
Contributed by Paul Adams, Realtor - Downing Frye Realty, Inc.