Sunset Key is a luxurious private 27-acre island community located approximately 500 yards offshore from Old Town Key West in Monroe County, Florida (ZIP 33040). Formerly known as Tank Island, this exclusive enclave features 88 residential parcels alongside resort elements operated by the Opal Collection. Access is exclusively via a private ferry from the Opal Key Marina, with no cars permitted—residents rely on golf carts for transportation. The community emphasizes privacy, low-density living, and island serenity amid tropical landscapes and beaches.
HOA Fees and Financial Obligations HOA fees vary by property but are substantial due to the private island infrastructure. Recent listings indicate quarterly fees around $5,764 to $7,200 (equating to roughly $23,000–$28,800 annually), covering ferry service, common area maintenance, beach upkeep, security, and grounds. Additional costs include property taxes, insurance (high due to coastal location), utilities, and potential resort amenity fees. A homeowner’s association manages shared expenses to maintain the high-quality lifestyle.
Rules and Regulations The HOA enforces strict guidelines to preserve the island's exclusivity and aesthetics, including restrictions on rentals, guest access, landscaping, architectural modifications, and vehicle use (golf carts only). Policies align with resort standards, limiting personal items on beaches/pools, prohibiting outside food/beverages in certain areas, and maintaining quiet, upscale ambiance. Architectural review ensures Victorian-style cottages blend with the historic Key West charm.
Community Amenities and Lifestyle Residents enjoy shared access to white-sand beaches, a tropical pool, tennis courts, fitness center, spa, and the renowned Latitudes restaurant. Concierge services, grocery delivery, and 24/7 ferry access enhance the resort-like living. The car-free environment promotes a peaceful, walkable or cart-based lifestyle with lush gardens and ocean views.
Notable Aspects Sunset Key stands out as one of Key West's most prestigious addresses, blending private residences with luxury resort facilities on a secluded island. Its history as a former naval site transformed into an upscale haven attracts high-end buyers seeking privacy and exclusivity. The community balances residential tranquility with convenient proximity to Key West's vibrant culture via short ferry rides.
Management Company: Homeowner’s Association (managed in coordination with Opal Collection resort operations) Phone: (305) 292-5300 Email: Details not publicly available Website: https://www.opalcollection.com/sunset-key-cottages/ Address: 245 Front St, Key West, FL 33040