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  • 87 Cannon Royal Drive, Shark Key, FL 33040 (MLS# 619975)

87 Cannon Royal Drive, Shark Key, FL 33040

New Listing
$9,999,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,622 Lot Size (sq. ft.): 67,765 Status: Active
Current Price: $9,999,000 List Date: 5/20/2026 Last Modified: 5/20/2026

Description

Introducing an extraordinary and completely custom Polynesian-inspired estate designed by the owner with finishes imported from all over the world. Perfectly positioned on the most premier lot within the exclusive gated enclave of Shark Key, offering an exceptional blend of privacy and waterfront luxury. Set on a sprawling 1.56-acre lot with an impressive 850 feet of water frontage, this custom residence spans approximately 4,622 sq. ft. and captures breathtaking open water views and unforgettable sunset skies. A long private driveway sets a dramatic tone on arrival, winding through lush grounds and passing the tennis court before revealing the home in complete privacy and anticipation. Inside, a grand entry leads into the Chef's Kitchen and Great Room boasting 180 degree water views. Soaring cathedral ceilings, rich mahogany woodwork, and exposed beams create a warm yet striking architectural statement. Walls of glass doors frame open water views and open seamlessly to the expansive wraparound deck, perfect for entertaining or enjoying iconic Keys sunsets. The thoughtfully designed layout separates the North and South wings, connected by a striking mahogany-wrapped hallway that enhances flow and elegance. The main wing is home to all Living Areas and the Primary Suite featuring soaring ceilings, his & her dressing areas and bath featuring imported tile and water views. The South wing offers exceptional flexibility with a second living area and 4 Bedrooms creating a private retreat for family and visitors. A winding staircase leads to a second-floor guest suite with elevated open water views and serene privacy. Intricate coastal tilework throughout and the custom emerald tile roof reinforces the island aesthetic, while impact windows provide durability and peace of mind. Outdoor living is truly exceptional, featuring a wraparound deck, resort-style pool, multiple tiki huts, and a waterfront lounging area ideal for entertaining or relaxing.

More Information MLS# 619975

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: Yes Current Price: $9,999,000 Listing Date: 2026-05-20 List Price: $9,999,000

Location, Tax & Legal

City: Shark Key Off Shore Island: No Mile Marker: 11 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: VE,VE,VE,VE,AE Alternate Key #: 8736908 Parcel #: 00159252-003100 Zoning: SR - Sub Urban Residential District Deed Restrictions: Unknown Legal: BK 4 LT 3 AND PT LT 4 SHARK KEY AMENDED AND REVISED PLAT PB7-49 Taxes: 54356.26 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 87 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: Residential - Single Family Waterfront: Yes Control Depth: 1 Lot Size: X Lot SqFt: 67765 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 1.56 SqFt Source: LA Measured Rentals Allowed: With Restrictions Min Rental Days: 180 Style: Single Family Year Built: 1996 Living Apx SqFt: 4622 Total Bedrooms: 5 Full Baths: 4 Half Baths: 1 Total Baths: 5

Remarks & Misc

Remarks – Consumer: Introducing an extraordinary and completely custom Polynesian-inspired estate designed by the owner with finishes imported from all over the world. Perfectly positioned on the most premier lot within the exclusive gated enclave of Shark Key, offering an exceptional blend of privacy and waterfront luxury. Set on a sprawling 1.56-acre lot with an impressive 850 feet of water frontage, this custom residence spans approximately 4,622 sq. ft. and captures breathtaking open water views and unforgettable sunset skies. A long private driveway sets a dramatic tone on arrival, winding through lush grounds and passing the tennis court before revealing the home in complete privacy and anticipation. Inside, a grand entry leads into the Chef's Kitchen and Great Room boasting 180 degree water views. Soaring cathedral ceilings, rich mahogany woodwork, and exposed beams create a warm yet striking architectural statement. Walls of glass doors frame open water views and open seamlessly to the expansive wraparound deck, perfect for entertaining or enjoying iconic Keys sunsets. The thoughtfully designed layout separates the North and South wings, connected by a striking mahogany-wrapped hallway that enhances flow and elegance. The main wing is home to all Living Areas and the Primary Suite featuring soaring ceilings, his & her dressing areas and bath featuring imported tile and water views. The South wing offers exceptional flexibility with a second living area and 4 Bedrooms creating a private retreat for family and visitors. A winding staircase leads to a second-floor guest suite with elevated open water views and serene privacy. Intricate coastal tilework throughout and the custom emerald tile roof reinforces the island aesthetic, while impact windows provide durability and peace of mind. Outdoor living is truly exceptional, featuring a wraparound deck, resort-style pool, multiple tiki huts, and a waterfront lounging area ideal for entertaining or relaxing. Directions: From Overseas Hwy, turn Gulfside onto Cannon Royal Dr. Go for 0.9 miles, the home will be at the end of the road.

Association Info

Mandatory Home Owners Asc: Yes Voluntary Home Owners Asc: No 1st Right of Refusal: No Condo Doc's: Yes Association Fee $: 1773.2 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Common Area Mnt: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Gulf Front: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Open Water View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Clubhouse: 1 Fire Hydrant: 1 Tennis Courts: 1 Other Area Features: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Cathedral Ceilings: 1 Elevator: 1 Entrance Foyer: 1 Granite Counter Top: 1 Split Bedroom: 1 Storage: 1 Walk-in Closet(s): 1 Whirlpool Bath Tub: 1

Specialty Rooms

Laundry Room: 1 Loft: 1 Media Room: 1

Building Style

Above Flood: Yes Stilt Column Height: Medium - 5Ft - 9Ft Stories: 2 Stories

Windows/Doors

French Doors: 1 Glass Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Carport: 1 Covered Parking: 1 Open Parking: 1 RV Parking Open: 1 Off Street Parking: 1 Trailer Storage: 1

Security

Electric Gate: 1

Construction

Combo Construction: 1 Other: 1

Land Size

1 Less Than 2 Acres: 1

Furnished

Furnished: 1

Terms

Cash: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1 Patio: 1

Title

Negotiable: 1

Exterior Features

Chickee Hut: 1 Gazebo: 1 Lanai: 1 Lighting: 1 Privacy Wall/Fence: 1 Storage: 1 Tennis Court(s): 1

Pool Info

Concrete: 1 Decked: 1

Roof

Tile Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: None Vehicle Storage: Carport; Covered Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Elevator; Entrance Foyer; Granite Counter Top; Split Bedroom; Storage; Walk-in Closet(s); Whirlpool Bath Tub Specialty Rooms: Laundry Room; Loft; Media Room Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Gazebo; Lanai; Lighting; Privacy Wall/Fence; Storage; Tennis Court(s) Pool Info: Concrete; Decked Construction: Combo Construction; Other Floor: Tile Roof: Tile Roof Pets: Pets Allowed Neighborhood Feature: Beach; Clubhouse; Fire Hydrant; Tennis Courts; Other Area Features Security: Electric Gate Land Size: 1 Less Than 2 Acres Terms: Cash Title: Negotiable
Listing Office: Coldwell Banker Schmitt Real Estate Co
Last Updated: May - 20 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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