$4,375,000 ($1,066.29 per sqft)

Est. Mortgage $20,704/mo *

Quick Pre-Approval

231 E Shore Drive, #Unit 5, Key West, FL, 33040

231 E Shore Drive, #Unit 5, Key West, FL, 33040

4 rooms

5 beds

5 Full / 1 Half baths

2025

Other

4,103 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Laundry Closet, Inside

Zoning:

SR

Subdivision:

SUMMERLAND ESTATES

Development:

The Seven Palms - A Key West Oasis

Heating:

Central, Natural Gas, Other, Central Building

Cooling:

Central Air, Ceiling Fan(s)

Levels:

2

Parking:

Attached Carport, Covered

Common Charge:

$1,391 Monthly

Acreage:

3.34

Est. Taxes:

$19,902

HOA Fee

$1,391

Construction

CBS

Utilities

Sewer Available, Water Available

View Description:

Ocean

Amenities:

Boating, Elevator(s), Bike Storage, Pickleball Court(s), Street Lights

Waterfront:

Yes

Elementary School:

Sugarloaf

Middle School:

Sugarloaf

High School:

Key West

Days on Market:

211

Pet Policy:

Yes, No Restrictions

Appliances:

Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer

Pool:

In Ground

MLS #:

RX-11113480


Community Info

School Info

Walk Score

Yelp

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