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

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 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.

More Information MLS# 617893

Contract Information

Current Price: $2,500,000 Listing Date: 2026-01-01 Listing Board: Key West Association List Price: $2,500,000 Limited Representation: No Potential Short Sale: No Bank Owned: No

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

General Property Description

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

Status Change Info

Status: Active

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No Potential Short Sale: No

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
Listing Office: Brenda Donnelly Real Estate LLC
Last Updated: January - 02 - 2026
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