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$2,500,000
Shark Key, FL 33040
MLS# 617893
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Property Description
Don't miss this rare and exceptional opportunity to build your dream home in the prestigious, gated community of Shark Key —without the wait! 36 Cannon Royal is an extraordinary west-facing lot that spans nearly 14,500 square feet and boasts approximately 130 feet of waterfront, delivering breathtaking sunset views over the Gulf waters. The sale of this vacant lot conveys the completed engineered architectural plans for a 4,624-square-foot single-family residence, along with a coveted ROGO permit and building permits already secured and in hand. The thoughtfully designed 5-bedroom, 4.5-bath residential blueprint features an elevator, a high-end chef's kitchen, loft, outdoor shower, fire pit, outdoor kitchen, and multiple porches/balconies that set the tone for a seamless indoor-outdoor lifestyle. The expansive fifty foot resort-style pool with sun ledge completes the vision of perfectly tailored island life. Additional conveniences include a two car garage, ample storage, and large covered patio on the ground level. This is far more than vacant land—it is a fully realized, ready-to-build masterpiece for luxurious coastal living. Shark Key residents enjoy exclusive amenities including a clubhouse, private beach, swimming lagoon, and pickleball/tennis courts- just minutes away from the world-class dining, arts, and entertainment of iconic Key West.
Details
Maps
Documents
Contract Information
Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $2,500,000
Listing Date: 2026-01-01
List Price: $2,500,000
Location, Tax & Legal
City: Shark Key
Mile Marker: 11
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,VE,AE
Alternate Key #: 8736720
Parcel #: 00159252-001300
Zoning: IS - Improved Subivision District
Deed Restrictions: Unknown
Legal: BK 3 LT 1 SHARK KEY AMENDED AND REVISED PLAT PB7-49 OR2761-1903 OR2776-604 OR2872-1459 OR3246-2006
Taxes: 4040.62
Tax Year: 2025
Street #: 36
Street Name: Cannon Royal
Street Suffix: Drive
Key/Island: Shark Key
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Shark Key (11.0)
Area: 05 - Stock Island to Shark Key
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 2
Lot SqFt: 14475
Lot Sqft Source: Property Data Card
Remarks & Misc
Remarks – Consumer: Don't miss this rare and exceptional opportunity to build your dream home in the prestigious, gated community of Shark Key —without the wait! 36 Cannon Royal is an extraordinary west-facing lot that spans nearly 14,500 square feet and boasts approximately 130 feet of waterfront, delivering breathtaking sunset views over the Gulf waters. The sale of this vacant lot conveys the completed engineered architectural plans for a 4,624-square-foot single-family residence, along with a coveted ROGO permit and building permits already secured and in hand. The thoughtfully designed 5-bedroom, 4.5-bath residential blueprint features an elevator, a high-end chef's kitchen, loft, outdoor shower, fire pit, outdoor kitchen, and multiple porches/balconies that set the tone for a seamless indoor-outdoor lifestyle. The expansive fifty foot resort-style pool with sun ledge completes the vision of perfectly tailored island life. Additional conveniences include a two car garage, ample storage, and large covered patio on the ground level. This is far more than vacant land—it is a fully realized, ready-to-build masterpiece for luxurious coastal living. Shark Key residents enjoy exclusive amenities including a clubhouse, private beach, swimming lagoon, and pickleball/tennis courts- just minutes away from the world-class dining, arts, and entertainment of iconic Key West.
Assoc/Misc Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 1523
Assoc/Mnt Fee Per: Quarterly
Miscellaneous Info
Mobile Home Lot: No
Dockage
None: 1
Tax Exemptions
None: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay View: 1
Ocean View: 1
Open Water View: 1
Neighborhood Feature
Beach: 1
Clubhouse: 1
Fire Hydrant: 1
Tennis Courts: 1
Location/Site
Water Frontage: 1
BuildingPermit
Active Permit: 1
Security
Electric Gate: 1
Manned Gate: 1
Land Size
1/4 - 1/2 Acre: 1
Title
Negotiable: 1
Property Rights
Tranfrble Bldg Prmt: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Oceanfront; Open Water
Dockage: None
Waterview: Bay View; Ocean View; Open Water View
Neighborhood Feature: Beach; Clubhouse; Fire Hydrant; Tennis Courts
BuildingPermit: Active Permit
Security: Electric Gate; Manned Gate
Land Size: 1/4 - 1/2 Acre
Title: Negotiable
Property Rights: Tranfrble Bldg Prmt
Shark Key Owners Guide 
Listing Office: Brenda Donnelly Real Estate LLC
Last Updated: January - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.