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231 E Shore Drive # Unit 4 Key West, FL ^$ 4,000,000

231 E Shore Drive # Unit 4

^$ 4,000,000

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231 E Shore Drive # Unit 4

Key West, FL, 33040

^$ 4,000,000

Bedrooms5 Baths5.1 Sq 6,514

Monthly Estimate*

^$ 24,955

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Single Family Home for sale in Key West, FL

for $4,000,000 with 5 bedrooms and 5 full baths, 1 half bath. This 6,514 square foot home was built in 2025 on a lot size of 3.34481.

Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available--each starting at $4 million--this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West.Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5 elegantly designed bathrooms, open balconies, and your own private rooftop terrace with sweeping water views. Built with impact glass throughout and outfitted with top-of-the-line appliances and finishes, these homes offer modern sophistication at every turn. Step outside to your own sparkling infinity-edge pool positioned right on the water,and enjoy direct access to the sea from your assigned dock space in a private boat basinperfect for boating enthusiasts. This gated, oceanfront community is ideally located just a block from a private airport that accommodates small aircraft, adding a level of convenience few properties can match. You'll also enjoy resort-style amenities, including on-site pickleball courts and a serene waterfront atmosphereall while being just a short drive to the shops, restaurants, and attractions of Key West. For investors, Seven Palms Cove is an absolute dream. There are no rental restrictions, and similar properties just across the street are bringing in over $300,000 in annual income. Whether you're looking for a luxury vacation home or a high-performing investment property with incredible short-term rental potential, this community offers unmatched flexibility and return potential. Whether you're searching for a forever home, a tropical getaway, or a high-yield asset in the Keys, Seven Palms Cove delivers the perfect blend of comfort, exclusivity, and opportunity. Call us today for pricing details and to schedule your private tour of this exceptional waterfront retreat.

Single Family Active

Price

^$ 4,000,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 19,000

Style

Arch

Lot Size

3.34481

Year Built

2025

Town/City

Key West

County/Region

Monroe

MLS | Web ID

RX11113466

Features

Exterior

Lot Description 2 to < 3 Acres 4 to < 5 Acres

Exterior Amenities Deck Open Balcony Open Porch

Waterfront Yes Ocean Access

Design Other Arch

Guest House No

Private Pool Y/N Yes

Subdiv. Amenities Bike Storage Boating Elevator Pickleball Street Lights

Interior

Interior Amenities Built-in Shelves Elevator Foyer Pantry Walk-in Closet

Flooring Other Tile Wood Floor

Furnished Y/N Furniture Negotiable Unfurnished

Total Bedrooms 5

Master Bedroom/Bath Dual Sinks Mstr Bdrm - Upstairs Spa Tub & Shower

Total Bathrooms 5.10

SqFt - Living 6514.00

Total Floors/Stories 2.00

Equip/Appl Included Dishwasher Disposal Dryer Microwave Refrigerator Smoke Detector Washer

General

Construction CBS

Heating Central Central Building Gas Other

Cooling Ceiling Fan Central

Utilities Public Sewer Public Water

Possession At Closing

Roof Metal

Parking Carport - Attached Covered Driveway

Pets Allowed Yes

Zoning SR

HOA Mandatory

Number of Garage Spaces 0.00

Status Active

Full Baths 5

Half Baths 1

Year Built 2025

REO No

Subdivision The Seven Palms - A Key West Oasis

View Ocean

Type Single Family Detached

Rooms Laundry-Inside Laundry-Util/Closet

Property Type A

Area 5940

Application Fee 200.00

Unit Number Unit 4

Auction No

Development Name The Seven Palms - A Key West Oasis

Tax Year 2024

Terms Considered Cash Conventional

Gated Community Yes

Short Sale No

Restrict Lease OK

Water Frontage 120

Taxes 19000.00

Adult 55+ No Hopa

HOA/POA/COA (Monthly) 400.00

Governing Bodies HOA

Membership Fee Required No

Virtual Tour https://www.propertypanorama.com/231-E-Shore-Drive-Unit-4-Key-West-FL-33040/unbranded

Geo Area Other Geographic Area

Legal Description LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR20711

Internal Only

OriginalMLSID RX-11113466

* Excluded Features

List By

Stephanie Muzzillo

Listing Agent

Serhant

Broker

stephanie@serhant.com

Affordability Calculator

$26,538

Per Month

Monthly Principal & Interest: $24,955
Monthly Property Taxes: $1,583
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Key West, FL

Average List Price ^$4,505,156

Percent of Sale Price 13%

About Key West, FL

26,627 Population

3% Since 2002

^$65,429 Median Income

43.88 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

368239 Elementary School

368240 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/6/2025	$4,000,000		Listed Price

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231 E Shore Drive # Unit 4, Key West, FL, 33040 is a Single Family Home for sale at $4,000,000 with 6,514 sqft and a lot size of 3.34481. 231 E Shore Drive # Unit 4 has 5 bedrooms, 5.1 baths, and was built in 2025. The property's zip code is 33040 which is in Key West, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of BeachesMLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/5/2025.

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231 E Shore Drive # Unit 4

Single Family Home for sale in Key West, FL

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