Welcome to one of Shark Key's landmark estates--a custom-built, beautiful Mediterranean-inspired home. This exclusive property offers timeless architecture, open water views, and an unparalleled island lifestyle.Nestled on the northern end of Shark Key and set back from the road for privacy, this 5,300-square-foot estate sits on a 21,075-square-foot lot with breathtaking open water views. Designed for comfort and entertaining, the home features 4 bedrooms, 4.5 bathrooms, a private office, a home theater, an elevator, a full bar, and expansive balconies and elegant terraces that invite you to take in stunning sunrises and peaceful water views.Each of the bedrooms has an ensuite bathroom and private balcony, while the primary suite boasts incredible water views. The outdoor living spaces are equally impressive, featuring a pool, hot tub and ample room for entertaining and lounging. There's also space to add an observation dock for a flats boat.Enjoy the exclusive amenities of Shark Key, including pickleball, tennis courts and a private sandy beach. Located just minutes from Key West, yet offering a private retreat, this estate is truly one of a kind.This lovingly maintained home presents an exciting opportunity to update and make it your own while preserving its classic Mediterranean charm.Don't miss this rare offering--schedule your private showing today!
Sold for $5,000,000 on 07/14/25
$5,000,000
69 Cannon Royal Dr, Key West, FL 33040
4beds
5,300sqft
Single Family Residence
Built in 2004
0.48 Acres Lot
$5,001,600 Zestimate®
$943/sqft
$8,520 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 11:23am
Listed by:
Jenna Stauffer 260-433-2319,
Ocean Sotheby's International Realty
Bought with:
Lisa H Ferringo, 605677
Coldwell Banker Schmitt Lower Keys (KW)
Source: FLKMLS,MLS#: 613814
Originating MLS: Key West Association

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Appliances
- Included: More Appliances, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer, Washer
Interior area
- Total interior livable area: 5,300 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Has private pool: Yes
- Pool features: In Ground
- Has spa: Yes
- Spa features: Private
- Has view: Yes
- View description: Bay/Gulf View, Water
- Has water view: Yes
- Water view: Bay/Gulf View,Water
- Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Dockage: None
Lot
- Size: 0.48 Acres
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00159252004000
- Zoning: SRL
- Zoning description: Sub Urban Residential District Limited
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Cistern
- Utilities for property: Buyer to Verify
Community & neighborhood
Community
- Community features: Clubhouse, Other, Beach, Tennis Court(s)
Location
- Region: Key West
- Subdivision: Shark Key (11.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,523 quarterly
- Services included: Maintenance Grounds, Other, Security