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$4,750,000
58 Cannon Royal Drive
Shark Key, FL 33040
MLS# 621785
3 beds  |  3 baths  |  2796 sqft

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Sunset waterfront living
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Sunset waterfront living Sunset aerial Waterfront estate Tropical arrival Waterfront rear exterior Evening elegance Poolside paradise Living area with waterviews Covered waterfront terrace Inviting living spaces Open concept living seamless indoor outdoor living Kitchen and water views Seamless living spaces Kitchen with water views Waterfront dining Al fresco dining Al fresco dining Thoughtfully designed kitchen Open-concept dining Dining area Elevator and main entry foyer Custom iron entry Waterfront primary suite Private waterfront terrace Private terrace off primary Primary Bedroom Primary bathroom Primary bath and shower Guest bedroom with waterviews Private terrace off guest bedroom Guest bedroom Guest bathrom Office/ guest bedroom Office with water views Guest bathroom Laundry room Covered outdoor living Open air lounge area Parking and covered outdoor space Exansive covered parking Waterfront exterior Pool and open water views Poolside living Pool and water views Poolside lounge area Waterfront entertaining Outdoor entertaining Shark Key Waterfront Aerial front view Aerial side view Back exterior w pool Aerial Front Exterior Twilight exterior Front Exterior twilight Back twilight Back twilight Entrance Front exterior and paver driveway 58 Cannon Royal Dr_1oakstudiosdrone_11 Shark Key Exclusive Amenities Tennis / pickleball courts Community pavilion Swimming lagoon Lagoon relaxation area Private beach

Property Description
Discover effortless waterfront living in the exclusive gated community of Shark Key. Beautifully designed and newly constructed, this stunning residence is offered fully furnished and turnkey, allowing you to move right in and begin enjoying the best of the Florida Keys. Combining coastal sophistication with relaxed island living, the home offers breathtaking open-water views, spectacular sunsets, and an exceptional indoor-outdoor living experience. Designed to embrace its waterfront setting, the residence features an inviting, open layout filled with natural light, beautiful water views, and a seamless connection to the outdoors. Expansive covered balconies and terraces extend the living space, providing wonderful areas for relaxing, dining, and entertaining while enjoying the surrounding tropical beauty and gentle island breezes. The private pool and outdoor living areas create a beautiful setting for spending time with family and friends or simply unwinding as the sun sets over the open water. Additional features include an elevator, enclosed storage, and abundant covered parking beneath the home. The generous ground-level area offers flexibility and possibilities for a variety of uses, adding to the property's convenience and appeal. Approved permits for an observation dock provide the opportunity to further enjoy the property's spectacular waterfront setting and sunset views. Located just minutes from Key West, Shark Key is one of the Florida Keys' most prestigious gated communities, offering residents an array of resort-style amenities, including tennis and pickleball courts, a swimming lagoon, and a private beach area. New construction, fully furnished, and completely turnkey, this is an opportunity to enjoy the beauty of the Florida Keys without the wait. Simply move in, settle in, and enjoy.

Details
Maps
Contract Information
Listing Board: Key West Association
Current Price: $4,750,000
Listing Date: 2026-10-26
List Price: $4,750,000
Location, Tax & Legal
City: Shark Key
Mile Marker: 11
Marathon Neighborhood: N/A
Side: Bay/Gulf
Alternate Key #: 8736835
Parcel #: 00159252002400
Zoning: SR - Sub Urban Residential District
Deed Restrictions: Unknown
Legal: Bk 3 Lt 12 Shark Key Amended And Revised Plat Pb7-49 Or1043-1/2 Or1043-6/7 Or1043-11/12 Or1292-1123 Or1318-1318/19 Or131
Taxes: 4407.03
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 58
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: 14975
Pool: Yes
Acres: 0.34
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Style: Single Family
Year Built: 2025
Living Apx SqFt: 2796
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Discover effortless waterfront living in the exclusive gated community of Shark Key. Beautifully designed and newly constructed, this stunning residence is offered fully furnished and turnkey, allowing you to move right in and begin enjoying the best of the Florida Keys. Combining coastal sophistication with relaxed island living, the home offers breathtaking open-water views, spectacular sunsets, and an exceptional indoor-outdoor living experience. Designed to embrace its waterfront setting, the residence features an inviting, open layout filled with natural light, beautiful water views, and a seamless connection to the outdoors. Expansive covered balconies and terraces extend the living space, providing wonderful areas for relaxing, dining, and entertaining while enjoying the surrounding tropical beauty and gentle island breezes. The private pool and outdoor living areas create a beautiful setting for spending time with family and friends or simply unwinding as the sun sets over the open water. Additional features include an elevator, enclosed storage, and abundant covered parking beneath the home. The generous ground-level area offers flexibility and possibilities for a variety of uses, adding to the property's convenience and appeal. Approved permits for an observation dock provide the opportunity to further enjoy the property's spectacular waterfront setting and sunset views. Located just minutes from Key West, Shark Key is one of the Florida Keys' most prestigious gated communities, offering residents an array of resort-style amenities, including tennis and pickleball courts, a swimming lagoon, and a private beach area. New construction, fully furnished, and completely turnkey, this is an opportunity to enjoy the beauty of the Florida Keys without the wait. Simply move in, settle in, and enjoy.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1773
Fee Includes
Common Area Mnt: 1
Security: 1
Other: 1
Dockage
Dock Permit: Yes
Other Dockage: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
More Appliances: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Waterfront
Gulf Front: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Neighborhood Feature
Beach: 1
Clubhouse: 1
Manager on Premises: 1
Tennis Courts: 1
Other Area Features: 1
Property Condition
New Construction: 1
Specialty Rooms
Laundry Room: 1
Other: 1
Building Style
Above Flood: Unknown
Windows/Doors
Impact Rstnce Window: 1
Vehicle Storage
Covered Parking: 1
Security
Electric Gate: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Furnished: 1
Utilities
Buyer to Verify: 1
Cistern: 1
Solar Power: 1
Other - See Remarks: 1
Pool Info
In Ground: 1
Heated: Yes
Roof
Tile Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security; Other
Tax Exemptions: None
Waterfront: Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Other Dockage
Property Condition: New Construction
Vehicle Storage: Covered Parking
Furnished: Furnished
Cooling: Central Air
Utilities: Buyer to Verify; Cistern; Solar Power; Other - See Remarks
Specialty Rooms: Laundry Room; Other
Appliances: Dishwasher; Disposal; Dryer; Freezer; More Appliances; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Pool Info: In Ground
Construction: CBS
Roof: Tile Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Clubhouse; Manager on Premises; Tennis Courts; Other Area Features
Security: Electric Gate
Land Size: 1/4 - 1/2 Acre

Listing Office: Ocean Sotheby's International Realty

Last Updated: October - 26 - 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.