$4,375,000
NEW CONSTRUCTION $125K PRICE INCREASE

231 E Shore Dr Unit 6 Key West, FL 33040

Estimated payment $25,477/month

Total Views 21,881
5 Beds
5.5 Baths
4,103 Sq Ft
$1,066 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • Heated Spa
  • Boat Ramp
  • New Construction
  • 1-minute walk to Marathon Rotary Park

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.

Listing Agent

Stephanie Muzzillo

Serhant License #3419053 Listed on: 08/06/2025

Serhant

Co-Listing Agent

Christian Prakas

Serhant License #3530110

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

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 2 Attached Carport Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 4,103 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Wood Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • In Ground Spa
  • Private Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00200610000000

Community Details

Overview

  • Summerland Estates Subdivision

Amenities

  • Bike Room
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Pickleball Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,902

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.
  • Year Built: 2025
  • Architectural Style: Other
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Elevator, Pantry, Tub Shower, Upper Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Other, Wood
  • Living Area: 4103.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Ocean
  • Lot Features: 2-3 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck, Open, Porch, Balcony
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Covered

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Boat Facilities, Gated, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Boating, Elevator(s), Pickleball
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 00200610000000
  • Lot Size Acres: 3.34
  • Lot Size Sq Ft: 145490.4
  • Mobile Dim Units: Feet
  • Zoning: SR

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19902.3

Multi Family

  • Number Of Units In Community: 7

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2026 01/29/26 Price Changed $4,375,000 +2.9% $1,066 / Sq Ft
08/06/2025 08/06/25 For Sale $4,250,000 -- $1,036 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11113482

BeachesMLS (Greater Fort Lauderdale)