$4,695,000

37 Cannon Royal Dr Key West, FL 33040

Estimated payment $27,485/month

Total Views 73,652
4 Beds
5 Baths
3,750 Sq Ft
$1,252 Price per Sq Ft

About This Home

Hidden away in the exclusive enclave of Shark Key, 37 Cannon Royal Drive offers a rare balance of architectural elegance and coastal tranquility. This four-bedroom, four-and-a-half-bath home is perfectly positioned on over third an acre of waterfront property, where walls of glass frame sweeping views of the Gulf and fill the interiors with natural light.Inside, a series of exquisite arches adds a touch of old-world charm and craftsmanship, softening transitions between spaces and lending the home a sense of timeless character. Each bedroom is a private retreat with its own en suite bath, offering comfort and privacy for both residents and guests.The open-concept layout features soaring ceilings and expansive living areas that flow effortlessly to the outdoors. A lush tropical landscape surrounds a serene pool and spa, ideal for relaxing or entertaining. Beyond, an elevated observation deck and private dock extend your living space over the water--perfect for sunset views, paddleboarding, or simply taking in the stillness of the sea.Just minutes from Key West, yet worlds away in atmosphere--this is island living, redefined.

Listing Agent

Dan Serban

Key West Luxury Real Estate Inc (KW) License #3313073 Listed on: 05/07/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,850

Year Built

1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 1523.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Fee Includes: Common Area Mnt, Other, Security
  • Key Island: Shark Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 11.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 25374.12
  • Year Built: 1998
  • Alternate Key Number: 8737149
  • Lot Sq Ft: 15315.00
  • Pool Info: Above Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 3750.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: More Appliances, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Waterview: Ocean View, Open Water View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00159252-005600
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,850 $3,740,041 $2,223,547 $1,516,494
2023 $22,850 $3,300,231 $1,836,843 $1,463,388
2022 $20,452 $2,843,752 $1,372,798 $1,470,954
2021 $17,017 $1,820,438 $580,056 $1,240,382
2020 $17,721 $1,878,263 $623,560 $1,254,703
2019 $9,704 $1,016,015 $0 $0
2018 $13,915 $1,388,758 $537,850 $850,908
2017 $9,510 $976,564 $0 $0
2016 $9,586 $956,478 $0 $0
2015 $9,858 $949,829 $0 $0
2014 $10,195 $942,291 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $4,695,000 +106.9% $1,252 / Sq Ft
09/10/2019 09/10/19 Sold $2,269,635 -15.9% $556 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $2,700,000 -- $662 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,269,635 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,815,700 New Conventional
Source: Public Records

About the Listing Agent

Dan Serban

Key West Luxury Real Estate Inc (KW)

(877) 350-8301

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As a realtor in Key West with around a decade of experience, I have a deep appreciation for the unique lifestyle offered by the Keys. I love the water, the sunshine, and the laid-back atmosphere of this wonderful community. It's a joy to help my clients find their dream home or investment property in this beautiful part of the world.

One of my key strengths as a realtor is my ability to listen to my clients and understand their unique needs and goals. Whether you're a first-time buyer, a

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Source: Key West Association of REALTORS®

MLS Number: 614936

Key West Association of REALTORS®

APN: 00159252-005600