36 Cannon Royal Drive, Shark Key, FL 33040 (MLS# 617893)

36 Cannon Royal Drive, Shark Key, FL 33040

$2,500,000

Property Type: Vacant Land Lot Size (sq. ft.): 14,475 Status: Active

Current Price: $2,500,000 List Date: 1/02/2026 Last Modified: 1/02/2026

Overview

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 c ... (Read more)

Listing Details MLS# 617893

Location, Tax & Legal

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
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

Contract Information

Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 2
Lot SqFt: 14475
Lot Sqft Source: Property Data Card

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

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. Current architectural plans of 36 Cannon Royal are pending review by Shark Key ARB.

Assoc/Misc Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 1523
Assoc/Mnt Fee Per: Quarterly

Dockage

None: Yes

Tax Exemptions

None: Yes

Waterfront

Bay Front: Yes
Gulf Front: Yes
Oceanfront: Yes
Open Water: Yes

Waterview

Bay View: Yes
Ocean View: Yes
Open Water View: Yes

Neighborhood Feature

Beach: Yes
Clubhouse: Yes
Fire Hydrant: Yes
Tennis Courts: Yes

Location/Site

Water Frontage: Yes

BuildingPermit

Active Permit: Yes

Security

Electric Gate: Yes
Manned Gate: Yes

Land Size

1/4 - 1/2 Acre: Yes

Title

Negotiable: Yes

Property Rights

Tranfrble Bldg Prmt: Yes

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

Documents

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.

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