$9,999,000
 $53,677 est/mo Sourced by Back At You

87 Cannon Royal Drive,Shark Key, FL 33040

Shark Key, FL 33040

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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.

Details

MLS #619975
Listing TypeFor Sale
StyleHouse
HOA Dues$1,773
Sub-TypeResale
StatusPending
Year1996
Days On Site96
Listing Provided ByColdwell Banker Schmitt Real Estate Co | Lisa H Ferringo

Features

Bed(s)5
Bath(s) 5 Total
SQ Feet4,622
ZoningSR - Sub Urban Residential Distr
Acreage1.56
Water FrontYes
Property ViewOpen Water View, Bay

Taxes

Property54356

Area Information

StateFL
CountyMonroe
CityShark Key
Zip Code33040
Area05 Stock Island to Shark Key
Community NameShark Key (11.0)
Listing VS Median (in Shark Key (11.0))
Price:
$9,999,000
low | high
Med:
$6,200,000
87.993799379938% of Average
sqft:
4,622
low | high
Med:
4,624
49.956728688879% of Average
$ / sqft:
$2,163
low | high
Med:
$1,341
88.020618670864% of Average
On site:
96
low | high
Med:
53
100% of Average
Sourced by Back At You

Market Activity 33040

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Learn More About This Property

StateFL
CountyMonroe
CityShark Key
Zip Code33040
Area05 Stock Island to Shark Key
Community NameShark Key (11.0)
Listing VS Median (in Shark Key (11.0))
Price:
$9,999,000
low | high
Med:
$6,200,000
87.993799379938% of Average
sqft:
4,622
low | high
Med:
4,624
49.956728688879% of Average
$ / sqft:
$2,163
low | high
Med:
$1,341
88.020618670864% of Average
On site:
96
low | high
Med:
53
100% of Average
Sourced by Back At You
Listing Updated: June 12, 2026 at 9:36:54 AM PDT