Open House
1/17 11am - 3pm
231 E Shore Drive # Unit 7
Key West, FL, 33040
$
4,325,000
Bedrooms5
Baths5.1
Sq
4,103
Monthly Estimate*
$
26,630
for $4,325,000 with 5 bedrooms and 5 full baths, 1 half bath. This 4,103 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.
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Open House
1/17/2026
11:00 AM - 3:00 PM
1/18/2026
11:00 AM - 3:00 PM
231 E Shore Drive # Unit 7
Key West, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
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
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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
4103.00
Total Floors/Stories
2.00
Equip/Appl Included
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Smoke Detector
Washer
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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
SUMMERLAND ESTATES
View
Ocean
Type
Single Family Detached
Rooms
Laundry-Inside
Laundry-Util/Closet
Property Type
A
Area
5940
Application Fee
200.00
Unit Number
Unit 7
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
19902.30
Adult 55+
No Hopa
HOA/POA/COA (Monthly)
1100.00
Governing Bodies
HOA
Membership Fee Required
No
Virtual Tour
https://www.propertypanorama.com/231-E-Shore-Drive-Unit-7-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 OR2071-
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Internal Only
OriginalMLSID
RX-11113487
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* Excluded Features
List By
Stephanie Muzzillo
Listing Agent
stephanie@serhant.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $26,630
- Monthly Property Taxes
- $1,659
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save
Nearby
Single family listings in Key West, FL
Average List Price
$4,334,344
Percent of Sale Price
0%
About Key West, FL
26,627
Population
3%
Since 2002
$
65,429
Median Income
43.88
Median Age
18%
Households with Children
Trends Information provided by ATTOM Data Solutions.
368239
Elementary School
368240
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
8/6/2025
|
$4,325,000
|
|
Listed Price
|