Sugarloaf Key is a single island in the lower Florida Keys that forms a loop on the Atlantic Ocean side which gives the impression of separate islands. Sugarloaf Key contains two seperate island communities, which are known as Upper Sugarloaf Key and Lower Sugarloaf Key. The area offers stunning waterfront homes, many of which are very luxurious. In particular, Sugarloaf Shores has some of the largest lots in the Keys, and the canals are very wide, ideal for bigger boats. If you are looking for a peaceful slice of paradise and are an avid water sports or fishing fan, Sugarloaf Key is the ideal place to purchase a home.