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$32,000,000
20 Days On Site

231 E Shore Drive
Key West, FL 33040

For Sale|Single Family Residence|Active
5
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
6,514
SqFt
$4,912
/SqFt
2025
Built
Subdivision:
SUMMERLAND ESTATES
County:
Monroe

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231 E Shore Drive231 E Shore Drive231 E Shore Drive231 E Shore Drive
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Introducing Seven Palms Cove, a rare new construction oceanfront community in the Florida Keys that combines luxury living with unmatched investment potential. With only seven residences available--each spanning over 4,000 sq. ft. with 5 bedrooms, 5.5 baths, private infinity pools, rooftop decks, and assigned dockage--this gated enclave offers turn-key short-term rental flexibility. Unlike most communities in the Keys, there are no rental restrictions, making it possible to operate each home as a high-yield Airbnb or combine all seven into a boutique hospitality portfolio complete with shared resort-style amenities: a private boat basin, sport courts, pickleball, hammocks, and paddleboard launches.

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Listing Snapshot
Price 
$32,000,000
Days On Site 
20 Days
Bedrooms 
5
Inside Area (SqFt) 
6,514 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
145,700 Acres
Year Built 
2025
MLS® Number 
R11130582
Status 
Active
Property Tax 
$19,902
HOA/Condo/Coop Fees 
$1,100 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Number Of Stories 
2
Parking 
Attached CarportCoveredDriveway
Pets 
Yes
Property Condition 
New Construction
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
6514
Utilities 
Sewer AvailableWater Available
Water Source 
Public
Zoning 
SR
Interior Features
Appliances 
DryerDishwasherDisposalMicrowaveRefrigeratorWasher
Cooling 
Central AirCeiling Fan(s)
Flooring 
HardwoodOtherTileWood
Furnished 
Negotiable
Heating 
Natural GasCentralOther
Interior 
Built-in FeaturesEntrance FoyerElevatorPantryWalk-In Closet(s)
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Frontage 
Waterfront
Lot Features 
Waterfront
Patio And Porch 
DeckPorch
Pool Features 
Private
Private Pool 
Yes
Roof 
Metal
View 
Ocean
Waterfront 
Yes
Waterfront Features 
Ocean Access
Waterview 
Ocean
Community Features
Association Amenities 
Fitness Center
Association Dues 
1100
Community Features 
GatedStreet Lights
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
5940
Listing courtesy of Serhant



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-28 10:22 PM UTC

Neighborhood & Commute
Source: Walkscore
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