Date
Details
Price
Change
Source
5/20/2026
Listed
$9,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$9,999,000
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Property 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.
Full Property Details
Full Property Details for 87 Cannon Royal Dr
General
- Price: $9,999,000
- HOA FEE: $591/month
- HOA FEE FREQ.: Quarterly
- Taxes: $54,356 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 619975
- Updated: 5/22/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Entrance Foyer, Walk-in Closet(s), Bar, Built-in Cabinets, Cathedral Ceilings, Elevator, Granite Counter Top, Split Bedroom, Storage, Whirlpool Bath Tub, Loft, Media Room
- Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Other Area Features, Fire Hydrant, Beach, Clubhouse, Tennis Court(s)
- Pool: Yes
- Pool Description: Concrete, Decked
- Security/Safety: Electric Gate
Exterior
- Exterior Features: Tennis Court(s), Lighting, Chickee Hut, Gazebo, Lanai, Privacy Wall/Fence, Storage
- Deck/Patio: Open Porch/Balcony, Deck, Patio
- Porch/Patio/Deck: Open Porch/Balcony, Deck, Patio
Parking
- Parking Features: Open, Off Street, Covered, Carport
Location
- Area: 05 - Stock Island to Shark Key
- County: Monroe
- Subdivision: Shark Key (11.0)
- Driving 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.
Community
- Association: Yes
- Assoc. Fees Include: Common Area Mnt
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction: Combo Construction, Other
- Roof: Tile
- Windows/Doors: French Doors, Glass Doors, Impact Rstnce Doors, Impact Rstnce Window
- Square Feet: 4,622
- Sq. Ft. Source: LA Measured
- Year Built: 1996
Lot Features
- Property View: Open Water View, Bay
- Lot Size (Acres): 1.56
- Lot Size (Sq. Ft.): 67,765
- Lot Size Source: Property Data Card
- Lot Dimensions: x
- Zoning: SR - Sub Urban Residential District
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf Front, Open Water
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,773
- Assoc Fee Freq.: Quarterly
- Tax Amount: $54,356.26
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: BK 4 LT 3 AND PT LT 4 SHARK KEY AMENDED AND REVISED PLAT PB7-49
- Flood Zone: VE, VE, VE, VE, AE
- APN: 00159252-003100
Listed by Coldwell Banker Schmitt Real Estate Co, Lisa H Ferringo (305) 797-1221
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 87 Cannon Royal Dr —
Lisa H Ferringo
Coldwell Banker Schmitt Real Estate Co
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 87 Cannon Royal Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Gerald Adams Elementary School 5855 College Road, Key West, FL 33040 | PK-5 | 6.4 mi |
Horace O'bryant School 1105 Leon Street, Key West, FL 33040 | 6-8 | 9.4 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 8.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 87 Cannon Royal Dr
Tax History
Tax History for 87 Cannon Royal Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,237
—
$6,222,999
302%
2024
$13,237
3%
$1,547,088
3%
2023
$12,815
-1%
$1,502,028
6%
2021
$12,952
4%
$1,415,806
-3%
2022
$12,471
-4%
$1,458,280
4%
2021
$12,952
2%
$1,396,259
2%
2019
$12,663
-1%
$1,364,868
2%
2018
$12,779
3%
$1,339,420
2%
2017
$12,412
-1%
$1,311,871
2%
2016
$12,517
-3%
$1,284,889
1%
2015
$12,882
-3%
$1,275,957
1%
2014
$13,342
-2%
$1,265,830
2%
2013
$13,556
—
$1,247,123
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 87 Cannon Royal Dr
87 Cannon Royal Drive, Shark Key, FL 33040 (MLS# 619975) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 87 Cannon Royal Drive is currently listed for $9,999,000 and was received on May 20, 2026. Want to learn more about 87 Cannon Royal Drive? Do you have questions about finding other Single Family real estate for sale in Shark Key? You can browse all Shark Key real estate or contact a Coldwell Banker agent to request more information.