Aerial view of Sunset Key (Tank) Island Unrcd

Sunset Key (Tank) Island Unrcd
Homes for Sale in Key West, FL

All 228 homes for sale in Key West, FL · median $1,100,000 · 227 homes for sale in 33040 · Monroe County homes for sale

Community in Key West · Monroe County · ZIP 33040
56 homesBuilt 1996–2024Median sale $6.60M
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Built fromLive Florida Keys MLS data24 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $6,600,000, a median 103 days on market, sellers accepting 94% of original asking (+26% versus the prior year). At the median price and Monroe County's FY2025-26 rate of 8.816 mills, annual property tax runs about $58,190 ($57,840 with the full homestead exemption).

SUNSET KEY (TANK) ISLAND UNRCD key facts
LocationKey West, Monroe County, FL · ZIP 33040
Homes in the community56 (FL DOR 2025 assessment roll)
Years built1996–2024 (median 2001.0)
Typical living area2,401 sq ft (median)
Sale prices, last 12 months$6,600,000 median across 7 closed sales · +25.7% vs the prior 12 months
Days on market (closed sales)103 median
Owner-occupied (homestead) share24%

Data as of September 20, 2026. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “SUNSET KEY (TANK) ISLAND UNRCD key facts,” movewithmomentum.com/neighborhoods/sunset-key-tank-island-unrcd, data as of September 20, 2026.

Live · Sunset Key (Tank) Island Unrcd Housing Pulse Florida Keys MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$6.60M
Median sold · 12 mo
up 25.7% vs the prior 12 months
+25.7%
1-yr price change
n = 7 and 7 sales in the two windows
94.3%
Sale vs ask
Monroe median: 96.7%
Tempo
103days
Median DOM · closed
21 days at the 2018 low
7
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
24%
Owner-occupied · Sunset Key (Tank) Island Unrcd
16 of 68 parcels homesteaded (FL DOR 2025)
76%
Non-owner-occupied · Sunset Key (Tank) Island Unrcd
incl. 34% trust or LLC-held · 71% out-of-state
56
Homes in the community
plus 12 vacant residential lots · 68 residential parcels (FL DOR 2025)
Track record · 24 years of records
6
Recorded sales · 2024-2025
median $5.25M · qualified sales on the county roll (FL DOR 2025)
Est. 1996
Community established
homes built 1996-2024, median 2001 (FL DOR 2025)
12.5%/yr
Turnover rate
about 7 of 56 homes trade a year
Sunset Key (Tank) Island Unrcd Housing Pulse · Momentum Research · as of September 20, 2026

Sunset Key (Tank) Island Unrcd right now

🟢 Still climbing. The trailing-12-month median ($6.60M) is up 25.7% from the prior 12 months ($5.25M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Keys MLS closed sales, 12-month windows ending September 20. Confidence: Medium (7 and 7 sales in the two windows).

What's unique here: the median sale price is about 17x the typical Monroe County sale ($6.60M vs $378K, trailing 12 months, Florida Keys MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 21, 2026 · Live data: Florida Keys MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside SUNSET KEY (TANK) ISLAND UNRCD right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

11 Sunset Key Drive
$9.49M · 0.1 mi away
3 bd · 2.5 ba
11 Sunset Key Drive
Listed by Key West Luxury Real Estate Inc (KW)
103 Front Street
$6.85M · 0.6 mi away
3 bd · 3 ba
103 Front Street
Listed by Preferred Properties (KW)
119 Simonton Street
$3.60M · 0.6 mi away
4 bd · 4 ba
119 Simonton Street
Listed by Brenda Donnelly Real Estate LLC
141 Simonton Street
$3.40M · 0.6 mi away
3 bd · 3 ba
141 Simonton Street
Listed by Brenda Donnelly Real Estate LLC
401 Emma Street #APT H
$3M · 0.7 mi away
2 bd · 2 ba
401 Emma Street #APT H
Listed by Century 21 All Keys Inc (KW)
514 Emma Street
$3.60M · 0.7 mi away
4 bd · 3 ba
514 Emma Street
Listed by Keller Williams Key West Compass Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Sunset Key (Tank) Island Unrcd market snapshot (as of September 20, 2026): the median sale price is about $6.60M, and a median 103 days on market for closed sales. The trailing-12-month median is up 26% from the prior 12 months, computed from record-level Florida Keys MLS closed sales (7 closings in the current window).

In ZIP 33040 (Key West), 309 homes closed in the last 12 months at a median of $908K, down 4.3% year over year, with a median 82 days on market. See the live ZIP 33040 housing market and the Monroe County market.

County records show 6 qualified sales in SUNSET KEY (TANK) ISLAND UNRCD across 2024–2025 (2 in 2024, 4 in 2025), median $5.25M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Sunset Key (Tank) Island Unrcd is a community of 56 homes in Key West, Monroe County, built between 1996 and 2024 (median 2001.0), with a median living area of about 2,401 square feet. 24% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 8 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$2M$4M$6M20122014201620182020202220242026
Up 25.7% year over year.
Median days on market · closed sales
020040020122014201620182020202220242026
21 days at the 2018 low; 103 now.
Sale price vs original ask · median
92%95%98%20122014201620182020202220242026
94.3% now vs Monroe 96.7%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 7 in the current window.
How much local inventory is already under contract

15% of homes for sale in ZIP 33040 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).

Housing distress & ownership in SUNSET KEY (TANK) ISLAND UNRCD, Key West

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 1 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

If we were buying in Sunset Key (Tank) Island Unrcd today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Sunset Key (Tank) Island Unrcd.

A closer look at the Sunset Key (Tank) Island Unrcd market

Homes in Sunset Key (Tank) Island Unrcd trade around a median of $6.60M, where condition and lot do more to set the final number than the asking price does.

The trailing-12-month median up 26% year over year. Homes that do trade take a median 103 days on market, useful leverage on any listing that has lingered.

The housing stock is 56 homes built between 1996 and 2024, and 24% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Sunset Key (Tank) Island Unrcd. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.2C+ · Buy Score
Recent Direction10.0/10
Owner Commitment2.3/10
Pricing Power6.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.2). Basis: Recent Direction +25.7% year-over-year; Owner Commitment 24% owner-occupied; Pricing Power 94.3% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Sunset Key (Tank) Island Unrcd homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Sunset Key (Tank) Island Unrcd.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Sunset Key (Tank) Island Unrcd sales matched to your home.

What is your Sunset Key (Tank) Island Unrcd home worth?

Get a no-obligation home value based on real comparable sales in Sunset Key (Tank) Island Unrcd, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Sunset Key (Tank) Island Unrcd?
The median sale price in Sunset Key (Tank) Island Unrcd was $6.60M over the 12 months ending September 20, 2026 (7 closed sales, Florida Keys MLS).
How long do homes in Sunset Key (Tank) Island Unrcd take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 103 days on market (7 sales, Florida Keys MLS).
How many homes are in Sunset Key (Tank) Island Unrcd?
The Florida DOR 2025 assessment roll shows 56 homes plus 12 vacant residential lots in Sunset Key (Tank) Island Unrcd (public records).
What share of Sunset Key (Tank) Island Unrcd is owner-occupied?
24% of Sunset Key (Tank) Island Unrcd parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Sunset Key (Tank) Island Unrcd built?
Homes in Sunset Key (Tank) Island Unrcd were built between 1996 and 2024, with a median year built of 2001.0 (FL DOR 2025 roll).
Who is the best real estate agent for Sunset Key (Tank) Island Unrcd?
The best agent for Sunset Key (Tank) Island Unrcd is one who actively works Key West and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Sunset Key (Tank) Island Unrcd.
How do I find a top Key West real estate agent who knows Sunset Key (Tank) Island Unrcd?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Sunset Key (Tank) Island Unrcd and the wider Key West area.
Can Momentum Realty connect me with an agent for Sunset Key (Tank) Island Unrcd?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Sunset Key (Tank) Island Unrcd purchase or sale - no call center and no pressure.
Where is Sunset Key (Tank) Island Unrcd, and what county is it in?
Sunset Key (Tank) Island Unrcd is in Key West, Monroe County, FL, ZIP 33040.
Is Sunset Key (Tank) Island Unrcd a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Sunset Key (Tank) Island Unrcd: the median sale price over the last 12 months was $6.60M (7 sales), 569% above the Key West median of $987K; homes took a median 103 days to go under contract; the assessment roll counts 56 homes, 24% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Community market statsFlorida Keys MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33040))
Under-contract sharesFlorida Keys MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2002 (87 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Keys MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Keys MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Sunset Key (Tank) Island Unrcd with Momentum Realty’s local guides.

Harbour Place0.6 mi away · median $2.04M, 5 sales/12 moThe Foundry0.6 mi awayPorter Court0.7 mi away · 52 homes, built 1991–94Mills Place0.7 mi away · 29 homes, built 1913–97Presidents Lane0.8 mi away · median $1.08M, 7 sales/12 moCampbell Courtyard0.8 mi awayShipyard0.8 mi away · median $770K, 7 sales/12 moWm Fleming House0.9 mi away

Browse all neighborhood guides →

Thinking of selling in SUNSET KEY (TANK) ISLAND UNRCD? 7 recorded closings; median 103 days on market (window ending 2026-09-20). See the Monroe County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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