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231 E Shore Drive Unit 6, Key West FL 33040

House For Sale
$4,375,000

BTC: 68.15744791

ETH: 2,481.64997107

+$125K (2026/01/27)
321 days
Waterfront
5 bds
5 ba
4,103 sqft

Overview

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

Details

Type:
Residential
Parking:
Awning / Covered
Year Built:
2025
Lot:
3.34 Acres
Heating:
Central Building A/C / Central / Gas / Other
Price/sqft:
$1,066
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$1,391

Highlights

Annual tax
$19,902
2024
HOA
$1,391/mo
Pool
Private
View
Ocean, Direct Ocean
Waterfront
Ocean Access
Parking
2 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Other

    • Wood

    Heating

    • Central Building A/C

    • Central

    • Gas

    • Other

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Elevator

    • Entrance Foyer

    • Pantry

    • Walk-In Closet(s)

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • Awning

    • Covered

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Lot

    • Lot: 3.34 Acres

    Other Property Information

    • Parcel Number: 00200610000000

    • Zoning: SR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,391

    • HOA Frequency: Monthly

    • Annual tax amount: $19,902

  • Source details

    • MLS ID: R11113482

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: 2 To Less Than 3 Acre Lot / 4 To Less Than 5 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: Other

    • Waterfront: Yes

    • Attached Garage: Yes

    • Living Area: 4103

    • Water Source: Public

    • Subdivision Name: SUMMERLAND ESTATES,The Seven Palms - A

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serhant