231 E Shore Dr Unit 1 Key West, FL 33040
Key West AreaEstimated payment $24,823/month
Highlights
- Direct Ocean View
- Community Boat Dock
- Pool
- Property has ocean access
- New Construction
- Waterfront
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,902
Year Built
- Built in 2025 | New Construction
Lot Details
- 3.34 Acre Lot
- Waterfront
- East Facing Home
- Property is zoned SR
HOA Fees
- $1,391 Monthly HOA Fees
Home Design
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,103 Sq Ft Home
- Property has 2 Levels
- Built-In Features
- Ceiling Fan
- Entrance Foyer
- Wood Flooring
- Direct Ocean Views
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Complete Impact Glass
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- 2 Carport Spaces
Accessible Home Design
- Accessible Elevator Installed
Pool
Outdoor Features
- Property has ocean access
- Balcony
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 00200610000000
Community Details
Overview
- The Seven Palms A Key We,The Seven Palms A Subdivision
- Mandatory home owners association
Amenities
- Bike Room
- Elevator
Recreation
- Community Boat Dock
- Boating
- Community Pool
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | Pending | -- | -- | -- |
| 08/06/2025 08/06/25 | For Sale | $4,250,000 | -- | $1,036 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: R11113396
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