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87 Cannon Royal Drive, Shark Key, FL 33040

$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: 5/22/2026

Overview

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 ...

Listing Details MLS# 619975

Location, Tax & Legal

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
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

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes
Species List
Yes

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
Yes
Pool
Yes
Year Built
1996
Lot SqFt
67765
Lot Sqft Source
Property Data Card
Acres
1.56
Living Apx SqFt
4622
SqFt Source
LA Measured
Total Bedrooms
5
Full Baths
4
Half Baths
Yes
Total Baths
5
Rentals Allowed
With Restrictions
Min Rental Days
180
Total Units
0

Association Info

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

Building Style

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

More Information

Vehicle Storage

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

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.

Fee Includes

Common Area Mnt
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

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

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Gulf Front
Yes
Open Water
Yes

Waterview

Bay/Gulf View
Yes
Open Water View
Yes

Floor

Tile
Yes

Neighborhood Feature

Beach
Yes
Clubhouse
Yes
Fire Hydrant
Yes
Tennis Courts
Yes
Other Area Features
Yes

Interior Features

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

Specialty Rooms

Laundry Room
Yes
Loft
Yes
Media Room
Yes

Windows/Doors

French Doors
Yes
Glass Doors
Yes
Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Security

Electric Gate
Yes

Construction

Combo Construction
Yes
Other
Yes

Land Size

1 Less Than 2 Acres
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes

Utilities

Buyer to Verify
Yes
Cable Available
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Deck
Yes
Open Porch/Balcony
Yes
Patio
Yes

Title

Negotiable
Yes

Exterior Features

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

Pool Info

Concrete
Yes
Decked
Yes

Roof

Tile Roof
Yes

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 - 22 - 2026
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