45 Cannon Royal Drive, Shark Key, FL 33040

$1,700,000
Property Type: Vacant Land Lot Size (sq. ft.): 37,010 Status: Contingent/Show
Current Price: $1,700,000 List Date: 8/22/2026 Last Modified: 8/26/2026

Description

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.

More Information MLS# 621064

Contract Information

Current Price: $1,700,000 Listing Date: 2026-08-22 Listing Board: Key West Association List Price: $1,700,000 ROGO Exempt: No Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes

Location Tax Legal

Street #: 45 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 Dimensions: X Lot SqFt: 37010 Lot Sqft Source: Property Data Card Total Lots: 1 Survey Available: Yes Vegetation Survey: No Wtr Mn Inquiry File: No

Status Change Info

Contingent: Contingent/Show Status: Contingent/Show

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; Open Water Dockage: None Waterview: Bay View; Open Water View Neighborhood Feature: Beach; Clubhouse; Fire Hydrant; Tennis Courts BuildingPermit: Active Permit Security: Electric Gate Land Size: 1/2 - Less Than 1 AC Title: Negotiable
Listing Office: Coldwell Banker Schmitt Real Estate Co
Last Updated: August - 26 - 2026
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