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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$4,000,000
51 Cannon Royal Drive
Shark Key, FL 33040
MLS# 616920
Status: Closed
3 beds  |  4 baths  |  4045 sqft

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Back of home sunset
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Back of home sunset Back exterior w pool Back/ drone sunset Back exterior Back exterior Waterview Front Daytime Front Exterior twilight front daytime Front exterior twilight Front Front drone Front entry Living area Living area Living area Terrace off living area Terrace off living area Terrace at sunset Terrace at night Living area Kitchen Kitchen Dining Room Dining Room Kitchen Living area Piano Room Piano Room Piano Room Living area Primary Bedroom Primary Bedroom Primary Bedroom Primary bedroom closet Primary bedroom closet Primary Bathroom Primary Bathroom Primary Bathroom Guest room with private terrace Guest bedroom with private terrace Guest bedroom terrace Terrace off guest bedroom Guest bedroom and ensuite bath Guest room Ensuite bath Guest bedroom 2 Terrace off bedroom Guest bedroom 2 with ensuite bath Ensuite Bath Laundry Half bathroom Pantry Pool area Pool area Pool Backyard/ pool Twilight back w pool Twilight backyard Twilight House with dock and boat Dock Pool and dock Boat Sandy beach Sandy beach Sandy beach sunset Sunset boat and view Aerial Back Under house Under house parking front Shark Key Shark Key Shark Key lagoon/beach area Shark Key beach area Tennis/pickleball courts Pickleball Courts Tennis/pickleball courts Shark Key Shark Key

Property Description
Waterfront luxury meets timeless architecture in this stunning Shark Key residence, located within one of the most exclusive and private neighborhoods in the Florida Keys. This refined home showcases wide-open water views, elegant design, and a seamless connection to the natural beauty surrounding it. Step inside and be captivated by sky-high ceilings, walls of glass, and an open layout that frames the Gulf from nearly every angle. The primary suite is a serene retreat where sunrise greets you each morning, blending indoor comfort with endless water views. The living spaces flow effortlessly to the outdoor terrace, pool, and expansive backyard. It creates a true haven for entertaining or relaxing under the Keys sun. Enjoy paddleboarding, boating, or simply unwinding in your own private slice of paradise. Inside, every detail has been elevated, from the chef's kitchen with walk-in pantry to custom baths, three spacious bedrooms, three and a half baths, and generous storage throughout. Additional features include a whole home generator, upgraded security system, a custom movie theatre screen and covered parking beneath the home. Beyond the home, Shark Key offers a private, gated community lifestyle with tennis, pickleball, and basketball courts, a private beach, and a tropical lagoon. All just minutes from Key West, yet worlds away. This is waterfront living, redefined.

Details
Maps
Contract Information
Current Price: $4,000,000
Listing Date: 2025-10-17
Listing Board: Key West Association
Leased Price Monthly: $4,000,000
Location, Tax & Legal
Street #: 51
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: 2011
Lot SqFt: 16570
Lot Sqft Source: Property Data Card
Acres: 0.38
Living Apx SqFt: 4045
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Half Baths: 1
Total Baths: 4
Rentals Allowed: With Restrictions
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1523
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Unknown
Vehicle Storage
Car(s): 3
Status Change Info
Under Contract Date: 2026-01-22
Leased Date: 2026-02-20
Leased Price Monthly: $4,000,000
Status: Closed
Property Features
Fee Includes: Common Area Mnt; Security; Other
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Oceanfront; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Other Dockage
Vehicle Storage: Carport; Guest Parking
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer; Wine Cooler
Exterior Features: Lighting; Sandy Beach; Sprinkler System; Storage; Tennis Court(s)
Pool Info: In Ground
Construction: Concrete
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre

Listing Office: Ocean Sotheby's International Realty

Last Updated: February - 20 - 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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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)