Sugarloaf Key is a single island in the lower Florida Keys that forms a loop on the Atlantic Ocean side giving the illusion of separate islands.
In regard to the wealth of the area, people in Sugarloaf Key tend to have higher-than-average income.
With [an average listing price of $710,783], home prices in Sugarloaf Key dropped by 0.4 percent this year, but the marginal decline did little to the overall market. Meanwhile, the number of homes on the market declined marginally by 2.6 percent. Inventory reached 38 listings in this year, Since quite a few residential properties in the area have pools, it is a good choice of location for people who love the sun and the water. The waterfront views offered from quite a few residential properties in Sugarloaf Key are second-to-none; just imagine looking out over the water as you give yourself time to reflect and relax. Many of the houses in this region have had professional landscaping done, so the outsides are just as attractive as the interiors of the homes.