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Sold for $6,200,000
  • $6,200,000

    79 Cannon Royal Dr, Key West, FL 33040

    5beds
    4,853sqft
    Single Family Residence
    Built in 1991
    1.05 Acres Lot
    $6,230,200 Zestimate®
    $1,278/sqft
    $8,324 Estimated rent

    Home value

    $6,230,200

    $5.61M - $6.92M

    $8,324/mo

    Zestimate® history
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    What's special

    One of the finest homes in the Florida Keys, this splendid waterfront residence stands as a pinnacle of luxury. Nestled a short distance from Key West Airport, this residence boasts 5 bedrooms, 4 full baths, and 2 half baths, residing gracefully in the secure confines of the exclusive Shark Key gated neighborhood. The home showcases a grand expansive pool warmed by a Jacuzzi waterfall, accompanied by balconies for savoring both sunrise and sunset views you are surrounded by mature landscaping on one of the largest lots on the island. Elevated ceilings grace each room, while a private beach sanctuary awaits just beyond the backyard hammock. Across its three levels, the residence generously offers ample lounging space, complemented by bedroom-specific balconies. Beyond its boundaries, Shark Key extends its allure with tennis courts, a waterfront clubhouse pavilion, a serene swimming lagoon and beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Langley 305-394-9020,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Amy Puto, 3012615

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 606446MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Appliances
    • Included: Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Stainless Steel Appliance(s)
    Interior area
    • Total structure area: 4,853
    • Total interior livable area: 4,853 sqft

    Property

    Features
    • Levels: Multi/Split
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Lot
    • Size: 1.05 Acres
    • Dimensions: 45575 square feet
    Details
    • Parcel number: 00159252003600
    • Zoning: IS - Improved Subivision District
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    Condition
    • Year built: 1991

    Community & HOA

    Community
    • Subdivision: Shark Key (11.0)
    HOA
    • Has HOA: Yes
    • Services included: Common Area Mnt, Security
    • HOA fee: $2,720 quarterly
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,278/sqft
    • Tax assessed value: $5,291,576
    • Annual tax amount: $29,805
    • Date on market: 10/16/2023

    Price history

    DateEventPrice
    1/16/2024Sold$6,200,000-10.8%$1,278/sqft
    Source: FLKMLS #606446 Report a problem
    12/11/2023Contingent$6,950,000$1,432/sqft
    Source: Key West AOR #606446 Report a problem
    10/16/2023Listed for sale$6,950,000$1,432/sqft
    Source: Key West AOR #606446 Report a problem
    10/2/2023Contingent$6,950,000$1,432/sqft
    Source: Key West AOR #606446 Report a problem
    8/28/2023Listed for sale$6,950,000+26.4%$1,432/sqft
    Source: FLKMLS #606446 Report a problem
    10/11/2021Listing removed--
    Source: Key West AOR Report a problem
    7/23/2021Price change$5,500,000+27.9%$1,133/sqft
    Source: Key West AOR #594451 Report a problem
    7/6/2021Price change$4,300,000-12.2%$886/sqft
    Source: Key West AOR #594451 Report a problem
    3/25/2021Price change$4,900,000-10.9%$1,010/sqft
    Source: Key West AOR #594451 Report a problem
    2/1/2021Listed for sale$5,500,000+111.5%$1,133/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty #594451 Report a problem
    5/15/2003Sold$2,600,000-65.6%$536/sqft
    Source: FLKMLS #91201 Report a problem
    4/30/1999Sold$7,557,000$1,557/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$46,579 +24.5%$5,291,576 +55.1%
    2024$37,412 +11.8%$3,411,643 +10%
    2023$33,466 +12.3%$3,101,494 +10%
    2022$29,806 +17.3%$2,819,540 +10%
    2021$25,419 +14.5%$2,563,218 +10%
    2020$22,200 $2,330,198 +8.2%
    2019$22,200 +8.8%$2,153,752 +11.8%
    2018$20,411 +7.2%$1,925,784 -6.3%
    2017$19,038 +1.7%$2,054,599 +23.4%
    2016$18,724 +10.8%$1,664,643 -11.1%
    2015$16,894 $1,872,430
    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,230,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,230,200