, Shark Key, FL 33040 (MLS# 621064)

Shark Key, FL 33040

New Listing

$1,700,000

Shark Key Private Lagoon & Sports Courts

Property Type: Vacant Land Lot Size (sq. ft.): 37,010 Status: Active

Current Price: $1,700,000 List Date: 8/22/2026 Last Modified: 8/22/2026

Overview

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 amenit ... (Read more)

Listing Details MLS# 621064

Location, Tax & Legal

Key/Island: Shark Key
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Shark Key (11.0)
Area: 05 - Stock Island to Shark Key
City: Shark Key
Off Shore Island: No
Tier: Tier 3
Mile Marker: 11
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE 11
Alternate Key #: 8737106
Parcel #: 00159252-005200
Zoning: IS - Improved Subivision District
Deed Restrictions: Yes
Legal: BK 4 LTS 24 & 25 SHARK KEY AMENDED AND REVISED PLAT PB7-49
Taxes: 7832.72
Tax Year: 2025

Contract Information

Listing Board: Key West Association
ROGO Exempt: No
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes

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: Yes
Survey Available: Yes
Vegetation Survey: No
Wtr Mn Inquiry File: No

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: 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.
Directions: From Overseas Hwy, turn Gulfside into Shark Key. Continue through the gate onto Cannon Royal Dr. Follow Cannon Royal Dr. to 45 Cannon Royal Dr.

Assoc/Misc Info

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

Dockage

None: Yes

Tax Exemptions

None: Yes

Waterfront

Bay Front: Yes
Gulf Front: Yes
Open Water: Yes

Waterview

Bay View: Yes
Open Water View: Yes

Neighborhood Feature

Beach: Yes
Clubhouse: Yes
Fire Hydrant: Yes
Tennis Courts: Yes

Location/Site

Cleared Site: Yes
Paved Street: Yes
Water Frontage: Yes

BuildingPermit

Active Permit: Yes

Security

Electric Gate: Yes

Land Size

1/2 - Less Than 1 AC: Yes

Title

Negotiable: Yes

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

Documents

Survey ›

Building Permit ›

FEMA Flood Map Change ›

Listing Office: Coldwell Banker Schmitt Real Estate Co

Last Updated: August - 22 - 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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