$2,500,000
Shark Key, FL 33040
MLS# 584347
Status: Closed
4 beds | 3.1 baths | 5373 sqft
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Property Description
Arriving to your magnificent 5,400 sq. ft. open water estate in Shark Key, an exclusive island of multi-million dollar waterfront homes just outside of Key West, you will be greeted by majestic gates opening to a beautifully landscaped property boasting towering Mahoganies and custom water features. As you enter into the stunning 4 Bedroom 3 1/2 Bath home you will be greeted by a colossal Great Room with custom lighted tray ceilings, marble floors, powder room, and highlighted by a wall of glass overlooking the water. Once here you will want to enjoy all the amenities that Shark Key has to offer including relaxing at the gorgeous beach, playing a game of tennis or entertaining friends in the waterfront clubhouse. After a day in the sun serve up treats on your waterfront lanai
Details
Maps
Contract Information
Current Price: $2,500,000
Listing Date: 2019-02-15
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $2,500,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Location, Tax & Legal
Street #: 34
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: 1
Year Built: 1999
Total Units: 1
Lot SqFt: 30305
Acres: 0.69
Living Apx SqFt: 5373
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 3.1
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1200
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
# Stories: 2 Stories
Vehicle Storage
Car(s): 2
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2019-10-10
Leased Date: 2020-01-15
Leased Price Monthly: $2,500,000
Status: Closed
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Other Dockage
Vehicle Storage: Garage; Carport; Attached; Auto Door Opener; Guest Parking; Off Street Parking
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air; Heat
Utilities: Buyer to Verify; Cistern; FKAA; Municipal Sewer; Propane; Whole House Generatr
Interior Features: Bar; Built-in Cabinets; Elevator; Entrance Foyer; Granite Counter Top; Pantry; Security System; Smoke Alarms; Storage; Tray Ceilings; Walk-in Closet(s); Wet Bar; Window Treatments
Specialty Rooms: Laundry Room; Media Room; Utility Room; Workshop
Appliances: Dishwasher; Disposal; Dryer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Trash Compactor; Washer
Exterior Features: Built-in Grill; Fruit Tree(s); Gazebo; Lanai; Lighting; Outdoor Kitchen; Privacy Wall/Fence; Rain Gutters; Sprinkler System; Storage; Water Display
Accessibility Feat: Accessible Elevator Installed
Construction: CBS; Concrete; Stucco
Shutters: Panel; Roll Down Electric
Floor: Marble; Wood
Roof: Tile Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Clubhouse; Tennis Courts; Other Area Features
Security: Electric Gate; Other
Land Size: 1/2 - Less Than 1 AC
Title: Negotiable
Supplements
complete with summer kitchen and panoramic water views. In the evenings friends and family can gather on the Porch to view Key's famous sunsets over the water while you cook up a meal in the Chef's Kitchen offering custom cabinetry, center entertaining island, granite counters, stainless appliances, wet bar with ice maker, and adjacent Pantry. At the end of the day Guests will be accommodated in one of the 3 Guest Suites, including one mini-Master offering plantation shutters, a luxurious Bath, and private Veranda overlooking the water, while you take the elevator to your 2nd-story Master Suite complete with bamboo flooring, morning Kitchen, Sitting Room, Office and Porch looking out to the water and gardens. With over 13,000 sq. ft. under roof you will never be wanting for more space with the large enclosure for storage and adjacent 2-car Garage, both accessible by elevator. The 34,140 sq. ft. point lot offers an orchid house for gardening, dog run, and a dock for fantastic paddling and kayaking around the island. Other amenities include a whole-house generator, security system and a cistern for irrigation.
Listing Office: Coldwell Banker Schmitt Lower Keys (KW)
Last Updated: March - 19 - 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.