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Pending
    • $3,995,900

    231 E Shore Dr #1, Key West, FL 33040

    5beds
    3,119sqft
    : 
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    Single Family Residence
    Built in 2025
    0.48 Acres Lot
    $3,844,100 Zestimate®
    $1,281/sqft
    $1,391/mo HOA

    What's special

    Introducing Seven Palms Cove, a one-of-a-kind new construction community redefining luxury island living in the Florida Keys. With only seven exclusive oceanfront residences starting at $4M, this private, gated enclave offers an extraordinary opportunity to own a slice of paradise just minutes from Key West.Each home spans over 4,000 sq. ft. with 5 bedrooms, 5.5 bathrooms, and open-concept layouts with 10' ceilings, impact glass, and abundant natural light. The chef's kitchen includes premium appliances, quartz countertops, pantry, and large island ideal for entertaining. Multiple verandas, balconies, and a rooftop observation deck deliver 360-degree sunrise and sunset views. Outdoors, enjoy your own sparkling infinity pool, expansive pool deck, and seamless flow to the water.Every residence conveys with an assigned dock space in a private boat basin featuring new composite docks with electric, water, and a fillet station--perfect for boating enthusiasts. Homes are equipped with Tesla Solar, an elevator, and generous storage. Resort-style amenities include a sport court for tennis, pickleball, and basketball, along with oceanfront lounge areas, hammocks, and opportunities for paddleboarding and kayaking. Just one block from a private airport, accessibility is unmatched.For investors, Seven Palms Cove is an exceptional opportunity: there are no rental restrictions, and nearby comparable properties generate over $300,000 annually. Whether as a forever home, luxury vacation retreat, or high-performing investment, Seven Palms Cove offers the perfect blend of exclusivity, comfort, and opportunity in the Florida Keys.
    288 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Marie Muzzillo 551-427-9492,

    Serhant Florida LLC - Delray Beach Office

    Source: FLKMLS,MLS#: 616700MLS LogoOriginating MLS: Florida Keys

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Tankless Water Heater
      • Laundry: Laundry Room
      Features
      • Entrance Foyer, Built-in Cabinets, Quartz Countertops, Walk-In Closet(s), Storage, Elevator
      • Flooring: Wood
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 3,119 sqft

      Property

      Parking
      • Parking features: Carport
      • Has carport: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Lanai
      • Exterior features: Storage, Lighting
      • Has private pool: Yes
      • Pool features: In Ground, Salt Water
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Oceanfront, Open Water, Waterfront, Dockage: Assigned Dock, Basin
      Lot
      • Size: 0.48 Acres
      • Dimensions: 145,700
      • Features: 2 Less Than 5 Acres
      Details
      • Parcel number: 00200610000000
      • Zoning: SR
      • Zoning description: Sub Urban Residential District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Metal
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Other - See Remarks, Buyer to Verify

      Community & HOA

      Community
      • Features: Community Dockage, Airport/Runway, Tennis Court(s), Community Boat Ramp
      • Security: Electric Gate
      • Subdivision: Summerland Estates (25.0)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Other, Security, Maintenance Grounds
      • HOA fee: $1,391 monthly
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $1,281/sqft
      • Annual tax amount: $22,635
      • Date on market: 10/3/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        $3,844,100

        $3.65M - $4.04M

        Not available

        Price history

        DateEventPrice
        1/29/2026Pending sale$3,995,900$1,281/sqft
        Source: BeachesMLS #RX-11113396 Report a problem
        1/27/2026Price change$3,995,900-0.1%$1,281/sqft
        Source: BeachesMLS #RX-11113396 Report a problem
        10/3/2025Price change$4,000,000-5.9%$1,282/sqft
        Source: FLKMLS #616700 Report a problem
        8/6/2025Listed for sale$4,250,000$1,363/sqft
        Source: BeachesMLS #RX-11113396 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33040

        Getting around

        14 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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