231 E Shore Dr Key West, FL 33040
Estimated payment $170,087/month
Highlights
- 120 Feet of Waterfront
- Boat Ramp
- Fitness Center
- Ocean View
- Property has ocean access
- 1-minute walk to Marathon Rotary Park
About This Home
Introducing Seven Palms Cove, a rare new construction oceanfront community in the Florida Keys that combines luxury living with unmatched investment potential. With only seven residences available--each spanning over 4,000 sq. ft. with 5 bedrooms, 5.5 baths, private infinity pools, rooftop decks, and assigned dockage--this gated enclave offers turn-key short-term rental flexibility. Unlike most communities in the Keys, there are no rental restrictions, making it possible to operate each home as a high-yield Airbnb or combine all seven into a boutique hospitality portfolio complete with shared resort-style amenities: a private boat basin, sport courts, pickleball, hammocks, and paddleboard launches.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,902
Year Built
- Built in 2025 | New Construction
Lot Details
- 3.34 Acre Lot
- 120 Feet of Waterfront
- Property is zoned SR
HOA Fees
- $1,100 Monthly HOA Fees
Home Design
- Metal Roof
Interior Spaces
- 6,514 Sq Ft Home
- 2-Story Property
- Elevator
- Furnished or left unfurnished upon request
- Built-In Features
- Ceiling Fan
- Entrance Foyer
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Attached Carport
- Driveway
Outdoor Features
- Private Pool
- Property has ocean access
- Balcony
- Deck
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 00200610000000
Community Details
Overview
- Summerland Estates Subdivision
Recreation
- Boat Ramp
- Boating
- Pickleball Courts
- Fitness Center
Additional Features
- Bike Room
- Gated Community
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $32,000,000 | -- | $4,912 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R11130582
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