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58 Cannon Royal Drive, Shark Key, FL 33040

$4,750,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,796 Lot Size (sq. ft.): 14,975 Status: Active
Current Price: $4,750,000 List Date: 10/26/2026 Last Modified: 10/27/2026

Description

Discover effortless waterfront living in the exclusive gated community of Shark Key. Beautifully designed and newly constructed, this stunning residence is offered fully furnished and turnkey, allowing you to move right in and begin enjoying the best of the Florida Keys. Combining coastal sophistication with relaxed island living, the home offers breathtaking open-water views, spectacular sunsets, and an exceptional indoor-outdoor living experience. Designed to embrace its waterfront setting, the residence features an inviting, open layout filled with natural light, beautiful water views, and a seamless connection to the outdoors. Expansive covered balconies and terraces extend the living space, providing wonderful areas for relaxing, dining, and entertaining while enjoying the surrounding tropical beauty and gentle island breezes. The private pool and outdoor living areas create a beautiful setting for spending time with family and friends or simply unwinding as the sun sets over the open water. Additional features include an elevator, enclosed storage, and abundant covered parking beneath the home. The generous ground-level area offers flexibility and possibilities for a variety of uses, adding to the property's convenience and appeal. Approved permits for an observation dock provide the opportunity to further enjoy the property's spectacular waterfront setting and sunset views. Located just minutes from Key West, Shark Key is one of the Florida Keys' most prestigious gated communities, offering residents an array of resort-style amenities, including tennis and pickleball courts, a swimming lagoon, and a private beach area. New construction, fully furnished, and completely turnkey, this is an opportunity to enjoy the beauty of the Florida Keys without the wait. Simply move in, settle in, and enjoy.

More Information MLS# 621785

Contract Information

Current Price: $4,750,000 Listing Date: 2026-10-26 Listing Board: Key West Association List Price: $4,750,000

Location Tax Legal

Street #: 58 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 Style: Single Family Waterfront: Yes Control Depth: 2 Pool: Yes Year Built: 2025 Lot SqFt: 14975 Acres: 0.34 Living Apx SqFt: 2796 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: With Restrictions

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 1773 Assoc/Mnt Fee Per: Quarterly

Dockage

Dock Permit: Yes

Building Style

Above Flood: Unknown

Pool Info

Heated: Yes

Property Features

Fee Includes: Common Area Mnt; Security; Other Tax Exemptions: None Waterfront: Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Other Dockage Property Condition: New Construction Vehicle Storage: Covered Parking Furnished: Furnished Cooling: Central Air Utilities: Buyer to Verify; Cistern; Solar Power; Other - See Remarks Specialty Rooms: Laundry Room; Other Appliances: Dishwasher; Disposal; Dryer; Freezer; More Appliances; Range; Refrigerator; Stainless Steel Appliance(s); Washer Pool Info: In Ground Construction: CBS Roof: Tile Roof Pets: Pets Allowed Neighborhood Feature: Beach; Clubhouse; Manager on Premises; Tennis Courts; Other Area Features Security: Electric Gate Land Size: 1/4 - 1/2 Acre
Listing Office: Ocean Sotheby's International Realty
Last Updated: October - 27 - 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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