$4,250,000
NEW CONSTRUCTION $36M PRICE DROP

231 E Shore Dr Unit 2 Key West, FL 33040

Key West Area

Estimated payment $26,311/month

Total Views 51,796
5 Beds
5.5 Baths
4,103 Sq Ft
$1,036 Price per Sq Ft

Highlights

  • Direct Ocean View
  • Community Boat Dock
  • Pool
  • Property has ocean access
  • New Construction
  • 1-minute walk to Marathon Rotary Park

About This Home

Welcome home to an exceptional new-construction residence in a private, gated community offering resort-style amenities, a boat slip and nightly rental opportunities. Conveniently located next to Summerland Key Airport, this fully upgraded home features a private elevator, a stunning infinity pool overlooking the water and an expansive rooftop deck perfect for enjoying breathtaking Florida Keys sunsets. Only have two homes remaining.

Co-Listing Agent

Hope Firestone

Serhant License #3649989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,000

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,000

Year Built

Built in 2025 | New Construction

Lot Details

3.34 Acres

HOA Fees

$1,391 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Co List Office Mls Id: FLL276825574
  • Co List Office Phone: 561-203-2762
  • Directions: Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 3.34
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: The Seven Palms - A Key We,The Seven Palms - A
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 4250000
  • ShowingTimeFlag: Yes
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 4103
  • Other Equipment: Elevator
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Laundry, Pantry, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Metal, Metal Roof
  • View: Ocean, Direct Ocean, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 3 To Less Than 4 Acre Lot
  • Other Structures: Livable
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Awning, Covered
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central Building A/C, Central, Gas, Other
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1391
  • Amenities: Bike Storage, Boat Dock, Elevator(s), Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Mandatory Hoa, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00200610000000
  • Lot Size Sq Ft: 145700
  • Zoning: SR

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19000

Multi Family

  • Number Of Units In Community: 7

Map

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Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,885 $90,089 $6,956 $83,133
2024 $6,542 $84,989 $6,562 $78,427
2023 $5,863 $77,270 $6,076 $71,194
2022 $5,537 $70,593 $5,856 $64,737
2021 $5,177 $66,024 $5,727 $60,297
2020 $5,124 $64,257 $5,574 $58,683
2019 $4,865 $60,727 $5,412 $55,315
2018 $4,799 $59,819 $5,332 $54,487
2017 $4,700 $58,360 $5,202 $53,158
2016 $4,613 $57,497 $5,125 $52,372
2015 $4,685 $57,646 $5,074 $52,572
2014 $4,560 $58,338 $5,074 $53,264
2013 -- $59,240 $5,074 $54,166
Source: Public Records

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
08/06/2025 08/06/25 For Sale $40,000,000 -- $9,749 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: R11113452

MIAMI REALTORS® MLS
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