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231 E Shore DR #Unit 7 Key West, FL 33040
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Key Details
Sold Price $4,275,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,103 sqft
Price per Sqft $1,041
Subdivision Summerland Estates
MLS Listing ID R11113487
Style Other
Bedrooms 5
Full Baths 5
Half Baths 1
HOA Fees $1,391/mo
Year Built 2025
Annual Tax Amount $19,902
Tax Year 2024
Lot Size 3.340 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Monroe
Community Home Owners Association, Boat Facilities, Gated, Street Lights
Area 5940 - Other Florida County
Zoning SR
Interior
Heating Central, Natural Gas, Other
Cooling Central Air, Ceiling Fan(s)
Flooring Other, Wood
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Outdoor Living Area
Parking Features Attached Carport, Covered
Pool In Ground
Community Features Home Owners Association, Boat Facilities, Gated, Street Lights
Utilities Available Sewer Available, Water Available
Amenities Available Bike Storage, Boating, Elevator(s), Pickleball
Waterfront Description Ocean Access
View Y/N Yes
View Ocean
Roof Type Metal
Building
Lot Description 2-3 Acres
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction Yes
Schools
Elementary Schools Sugarloaf
Middle Schools Sugarloaf
High Schools Key West
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed No Pet Restrictions, Yes
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Bought with Faith Emma Laughlin Serhant
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