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Sold for $1,700,000
  • $1,700,000

    45 Cannon Royal Dr, Key West, FL 33040

    --beds
    0baths
    0.85Acres
    Unimproved Land
    Built in ----
    0.85 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa H Ferringo 305-797-1221,

    Coldwell Banker Schmitt Real Estate Co

    Bought with:

    Matthew J Sheehan, 3400684

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 621064MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • On waterfront: Yes
    Lot
    • Size: 0.85 Acres
    • Features: Waterfront, Cleared
    Details
    • Parcel number: 00159252005200
    • Zoning: IS - Improved Subivision District

    Community & HOA

    Community
    • Features: Clubhouse, Fire Hydrant, Beach
    • Security: Security Gate
    • Subdivision: Shark Key (11.0)
    HOA
    • Has HOA: Yes
    • HOA fee: $1,773 quarterly
    Location
    • Region: Key West

    Financial & listing details

    • Tax assessed value: $971,142
    • Annual tax amount: $7,832
    • Date on market: 8/22/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2026Sold$1,700,000
    Source: FLKMLS #621064 Report a problem
    9/3/2026Pending sale$1,700,000
    Source: FLKMLS #621064 Report a problem
    8/26/2026Contingent$1,700,000
    Source: FLKMLS #621064 Report a problem
    8/24/2026Listed for sale$1,700,000+41.7%
    Source: FLKMLS #621064 Report a problem
    6/12/2025Sold$1,200,000+37.1%
    Source: FLKMLS #615416 Report a problem
    11/1/2019Sold$875,000+12.9%
    Source: Public Record Report a problem
    2/15/2007Sold$775,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,833 +14.9%$872,831 +10%
    2024$6,814 +11.6%$793,483 +10%
    2023$6,103 -13%$721,348 -12.5%
    2022$7,014 +94.4%$824,296 +108.9%
    2021$3,608 +9.1%$394,647 +10%
    2020$3,307 $358,770 -7.7%
    2019$3,307 +14.2%$388,624 -6.3%
    2018$2,896 -0.5%$414,823 +63.8%
    2017$2,909 +31.5%$253,261 +0.3%
    2016$2,211 +2.8%$252,606 -18.3%
    2015$2,151 $309,225
    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating