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Lot/land
  • $2,500,000

    36 Cannon Royal Dr, Key West, FL 33040

    --beds
    0baths
    0.33Acres
    Unimproved Land
    Built in ----
    0.33 Acres Lot
    $-- Zestimate®
    $--/sqft
    $508/mo HOA

    What's special

    Extraordinary west-facing lot
    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.
    61 days
    334
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda J Donnelly 305-304-1116,

    Brenda Donnelly Real Estate LLC

    Source: FLKMLS,MLS#: 620498MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • On waterfront: Yes
      Lot
      • Size: 0.33 Acres
      • Features: Waterfront
      Details
      • Parcel number: 00159252001300
      • Zoning: IS - Improved Subivision District

      Community & HOA

      Community
      • Features: Clubhouse, Fire Hydrant, Beach
      • Security: Security Gate, Gated with Guard
      • Subdivision: Shark Key (11.0)
      HOA
      • Has HOA: Yes
      • HOA fee: $1,523 quarterly
      Location
      • Region: Key West

      Financial & listing details

      • Tax assessed value: $815,856
      • Annual tax amount: $4,040
      • Date on market: 7/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,430/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$2,500,000
        Source: FLKMLS #620498 Report a problem
        6/30/2026Listing removed$2,500,000
        Source: FLKMLS #617893 Report a problem
        1/2/2026Listed for sale$2,500,000+502.4%
        Source: FLKMLS #617893 Report a problem
        9/20/2017Sold$415,000+42.3%
        Source: FLKMLS #576760 Report a problem
        12/28/2012Sold$291,700
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,234 +13%$672,491 +10%
        2024$5,517 +11.8%$611,355 +10%
        2023$4,935 -0.5%$555,777 +10%
        2022$4,960 +18.1%$505,252 +10%
        2021$4,200 +9.1%$459,320 +10%
        2020$3,849 $417,564 -25.7%
        2019$3,849 -8.3%$562,369 -6.3%
        2018$4,199 -0.4%$600,281 +63.8%
        2017$4,218 +31.5%$366,488 -0.1%
        2016$3,207 +2.7%$366,793 -18.3%
        2015$3,123 $449,005
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33040

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Minimal Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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