Shark Key HOA Info
Shark Key is a private, gated residential community located on its own island in Big Coppitt Key, FL 33040, just minutes from Key West. It features 75 building lots, with approximately half developed, offering exclusive waterfront living with deep-water access, lagoons, and pristine natural surroundings.
HOA Fees and Financial Obligations The HOA requires mandatory membership. Annual assessments are paid quarterly on January 1, April 1, July 1, and October 1, with accounts delinquent after the 5th of the month incurring a 10% late fee. Specific assessment amounts are not publicly listed in governing documents but recent real estate listings indicate quarterly dues in the range of approximately $1,300–$1,523. Additional assessments include yearly mangrove trimming (based on linear footage) and a nominal fee for vacant lot maintenance (mowing). Delinquent accounts may result in liens or legal action.
Rules and Regulations Shark Key is a covenant-controlled community governed by the Declaration of Covenants and Restrictions and Environmental Control Policies. Key rules include screening all exterior equipment, utilities, trash containers, and vehicles from public view; no outdoor clothes drying; no aerials/antennas (satellite dishes allowed if screened); no signs (with limited open house exceptions); maintenance of landscaping and exteriors; and prohibition of fishing in lagoons. All improvements require Architectural Review Board (ARB) approval. The board enforces standards to preserve property values and community appearance.
Community Amenities and Lifestyle Residents enjoy a member clubhouse (reservable for events), private beach, tennis courts, basketball court, and lagoons for swimming/snorkeling (no lifeguard; use at own risk). The gated entry provides security via FOBs, codes, and directory access. The community emphasizes privacy, tranquility, and waterfront lifestyle.
Notable Aspects Shark Key offers an intimate, upscale enclave with strong emphasis on security, architectural standards, and common area maintenance. It is managed professionally while relying on a volunteer board of directors.