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$6,200,000
Shark Key, FL 33040
MLS# 617894
5 beds | 5 baths | 4624 sqft
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Property Description
Don't miss this rare and exceptional opportunity to have your dream waterfront masterpiece begin construction in 2026! Located in the prestigious, gated community of Shark Key, 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 property includes the completed construction of a 4,624 square-foot single family residence in accordance with the approved architectural plans and all associated permits. This thoughtfully designed 5-bedroom, 4.5-bath home 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 located on the ground level. 36 Cannon Royal is a fully realized, ready-to-build waterfront estate offering luxurious coastal living, impact-rated construction, and peace of mind without compromising comfort or design. 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
Current Price: $6,200,000
Listing Date: 2026-01-01
List Price: $6,200,000
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
Pub Sewer HkUp: Yes
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: Residential - Single Family
Waterfront: Yes
Control Depth: 2
Lot SqFt: 14475
Pool: Yes
Lot Sqft Source: Property Data Card
Acres: 0.31
SqFt Source: Appraisal
Rentals Allowed: With Restrictions
Min Rental Days: 180
Style: Single Family
Year Built: 2026
Living Apx SqFt: 4624
Total Bedrooms: 5
Full Baths: 4
Half Baths: 1
Total Baths: 5
Remarks & Misc
Remarks – Consumer: Don't miss this rare and exceptional opportunity to have your dream waterfront masterpiece begin construction in 2026! Located in the prestigious, gated community of Shark Key, 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 property includes the completed construction of a 4,624 square-foot single family residence in accordance with the approved architectural plans and all associated permits. This thoughtfully designed 5-bedroom, 4.5-bath home 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 located on the ground level. 36 Cannon Royal is a fully realized, ready-to-build waterfront estate offering luxurious coastal living, impact-rated construction, and peace of mind without compromising comfort or design. 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.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 1523
Assoc/Mnt Fee Per: Quarterly
Fee Includes
Common Area Mnt: 1
Security: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Gas Appliances: 1
Ice Machine: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Wine Cooler: 1
Cooling
Central Air: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Ocean View: 1
Open Water View: 1
Floor
Tile: 1
Wood: 1
Neighborhood Feature
Beach: 1
Clubhouse: 1
Fire Hydrant: 1
Tennis Courts: 1
Interior Features
Built-in Cabinets: 1
Elevator: 1
Entrance Foyer: 1
Pantry: 1
Quartz Countertops: 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
New Construction: 1
Specialty Rooms
Laundry Room: 1
Loft: 1
Building Style
Above Flood: Unknown
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 2
Covered Parking: 1
Garage: 1
Security
Manned Gate: 1
Construction
CBS: 1
Combo Construction: 1
Concrete: 1
Stucco: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Negotiable: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Municipal Sewer: 1
Propane: 1
Whole House Generatr: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Outdoor Kitchen: 1
Outdoor Shower: 1
Storage: 1
Pool Info
In Ground: 1
Salt Water: 1
Other: Sun Ledge
Heated: Yes
Concrete: 1
Dimensions: 12x50.8
Roof
Concrete Roof: 1
Tile Roof: 1
Financial Status
Standard Sale: Yes
GF-Interior Features
Tankless Hot Wtr Htr: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Oceanfront; Open Water
Waterview: Bay/Gulf View; Ocean View; Open Water View
Dockage: None
Property Condition: New Construction
Vehicle Storage: Garage; Covered Parking
Furnished: Negotiable
Cooling: Central Air
Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane; Whole House Generatr
Interior Features: Built-in Cabinets; Elevator; Entrance Foyer; Pantry; Quartz Countertops; Smoke Alarms; Storage; Walk-in Closet(s)
Specialty Rooms: Laundry Room; Loft
Appliances: Dishwasher; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Outdoor Kitchen; Outdoor Shower; Storage
Pool Info: In Ground; Salt Water; Concrete
Construction: CBS; Combo Construction; Concrete; Stucco
Floor: Tile; Wood
Roof: Concrete Roof; Tile Roof
Neighborhood Feature: Beach; Clubhouse; Fire Hydrant; Tennis Courts
Security: Manned Gate
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional
Title: Negotiable
GF-Interior Features: Tankless Hot Wtr Htr
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.