Search
$1,700,000
MLS# 621064
1 / 22
Property Description
Active permit! Start building today! Situated on an expansive 37,010-square-foot lot, this premier property boasts over 200' of waterfront with breathtaking panoramic open water views. Located on Shark Key, this prime buildable lot features an active and transferable permit, allowing immediate construction on your dream waterfront home. Plans, which can be changed, are for a 4 Bedroom plus Den, 3.5 Bath 4,100 Sq. Ft. home built to a 180 mph wind load with soaring vaulted ceilings and a Great Room with a wall of glass overlooking the water. Essential features include impact windows and doors, a planned residential elevator and an expansive sundeck designed for seamless indoor-outdoor entertaining. Full plans, survey, engineering reports and available permit documentation are available upon request. Just minutes to Key West where you can enjoy iconic sunsets, dining, and entertainment. Located in an exclusive, gated island community where residents enjoy top-tier neighborhood amenities including a private clubhouse, swimming lagoon, sandy beach, and tennis courts.
Details
Documents
Contract Information
Listing Board: Key West Association
ROGO Exempt: No
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Current Price: $1,700,000
Listing Date: 2026-08-22
List Price: $1,700,000
Location, Tax & Legal
City: Shark Key
Off Shore Island: No
Tier: Tier 3
Mile Marker: 11
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE 11
Alternate Key #: 8737106
Parcel #: 00159252-005200
Zoning: IS - Improved Subivision District
Deed Restrictions: Yes
Legal: BK 4 LTS 24 & 25 SHARK KEY AMENDED AND REVISED PLAT PB7-49
Taxes: 7832.72
Tax Year: 2025
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: 37010
Lot Dimensions: X
Lot Sqft Source: Property Data Card
Total Lots: 1
Survey Available: Yes
Vegetation Survey: No
Wtr Mn Inquiry File: No
Remarks & Misc
Remarks – Consumer: Active permit! Start building today! Situated on an expansive 37,010-square-foot lot, this premier property boasts over 200' of waterfront with breathtaking panoramic open water views. Located on Shark Key, this prime buildable lot features an active and transferable permit, allowing immediate construction on your dream waterfront home. Plans, which can be changed, are for a 4 Bedroom plus Den, 3.5 Bath 4,100 Sq. Ft. home built to a 180 mph wind load with soaring vaulted ceilings and a Great Room with a wall of glass overlooking the water. Essential features include impact windows and doors, a planned residential elevator and an expansive sundeck designed for seamless indoor-outdoor entertaining. Full plans, survey, engineering reports and available permit documentation are available upon request. Just minutes to Key West where you can enjoy iconic sunsets, dining, and entertainment. Located in an exclusive, gated island community where residents enjoy top-tier neighborhood amenities including a private clubhouse, swimming lagoon, sandy beach, and tennis courts.
Directions: From Overseas Hwy, turn Gulfside into Shark Key. Continue through the gate onto Cannon Royal Dr. Follow Cannon Royal Dr. to 45 Cannon Royal Dr.
Assoc/Misc Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1773.2
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
Open Water: 1
Waterview
Bay View: 1
Open Water View: 1
Neighborhood Feature
Beach: 1
Clubhouse: 1
Fire Hydrant: 1
Tennis Courts: 1
Location/Site
Cleared Site: 1
Paved Street: 1
Water Frontage: 1
BuildingPermit
Active Permit: 1
Security
Electric Gate: 1
Land Size
1/2 - Less Than 1 AC: 1
Title
Negotiable: 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; Open Water
Dockage: None
Waterview: Bay View; Open Water View
Neighborhood Feature: Beach; Clubhouse; Fire Hydrant; Tennis Courts
BuildingPermit: Active Permit
Security: Electric Gate
Land Size: 1/2 - Less Than 1 AC
Title: Negotiable
Survey 
Listing Office: Coldwell Banker Schmitt Real Estate Co
Last Updated: August - 22 - 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.