Shark Key is a very upscale Gated community. It feels more like Boca Raton than the Florida Keys. The houses are huge. The grounds are immaculate but doesn't have a “Keys Feeling to me. All of the homes are open water but only a few have any boating at all and that is very shallow water boating. I guess when you have your $4,000,000 vacation home you keep your yacht at the marina. Another big downside to Shark Key is it is directly in the take-off flight path for the NAS Boca Chica Airstrip. Those jets are very loud and fly overhead all day. Having a house on Shark Key is more a status symbol but it does nothing for me.