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. Current architectural plans of 36 Cannon Royal are pending review by Shark Key ARB.
New construction
$6,200,000
36 Cannon Royal Dr, Shark Key, FL 33040
5beds
4,624sqft
Single Family Residence
Built in ----
0.33 Acres Lot
$5,701,600 Zestimate®
$1,341/sqft
$508/mo HOA
What's special
- 58 days
- 1,302
- 47
Zillow last checked:
Listing updated:
Listed by:
Brenda J Donnelly 305-304-1116,
Brenda Donnelly Real Estate LLC
Source: FLKMLS,MLS#: 620499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Gas Appliances, Ice Maker, Wine Cooler, Stainless Steel Appliance(s)
- Laundry: Laundry Room
Features
- Built-in Features, Elevator, Storage, Walk-in Closet(s), Quartz Countertops
- Flooring: Tile, Wood
Interior area
- Total structure area: 4,624
- Total interior livable area: 4,624 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Open Porch/Balcony
- Exterior features: Outdoor Kitchen, Outdoor Shower, Storage
- Has private pool: Yes
- Pool features: In Ground, Salt Water, Concrete
- On waterfront: Yes
Lot
- Size: 0.33 Acres
Details
- Parcel number: 00159252001300
- Zoning: IS - Improved Subivision District
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete, Stucco, Combo Construction
Condition
- New Construction
- New construction: Yes
Community & HOA
Community
- Features: Clubhouse, Fire Hydrant, Beach
- Security: Gated with Guard
- Subdivision: Shark Key (11.0)
HOA
- Has HOA: Yes
- Services included: Common Area Mnt, Security
- HOA fee: $1,523 quarterly
Location
- Region: Shark Key
Financial & listing details
- Price per square foot: $1,341/sqft
- Tax assessed value: $468,773
- Annual tax amount: $4,040
- Date on market: 7/2/2026
- Listing terms: Cash,Conventional
Estimated market value
$5,701,600
$5.42M - $5.99M
$6,232/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $6,200,000$1,341/sqft |
Source: | ||
| 6/30/2026 | Listing removed | $6,200,000$1,341/sqft |
Source: | ||
| 1/2/2026 | Price change | $6,200,000+148%$1,341/sqft |
Source: | ||
| 1/2/2026 | Listed for sale | $2,500,000+316.7%$541/sqft |
Source: | ||
| 10/13/2023 | Sold | $600,000+44.6%$130/sqft |
Source: Public Record Report a problem | ||
| 9/27/2017 | Sold | $415,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,041 +13% | $466,927 +10% |
| 2024 | $3,577 +26.2% | $424,479 +32.9% |
| 2023 | $2,835 -0.5% | $319,338 +10% |
| 2022 | $2,850 +18.1% | $290,307 +10% |
| 2021 | $2,413 +9.1% | $263,915 +10% |
| 2020 | $2,212 | $239,923 -27% |
| 2019 | $2,212 -27.3% | $328,510 -6.3% |
| 2018 | $3,042 -9.1% | $350,657 +74.2% |
| 2017 | $3,345 +75.6% | $201,249 -0.1% |
| 2016 | $1,905 -3% | $201,386 -18.3% |
| 2015 | $1,964 | $246,524 |
Find assessor info on the county website
Monthly payment
Est. payment







