$4,375,000
NEW CONSTRUCTION $50K PRICE INCREASE

231 E Shore Dr Unit 3 Summerland Key, FL 33042

Estimated payment $27,707/month

Total Views 12,242
5 Beds
6 Baths
3,119 Sq Ft
$1,403 Price per Sq Ft

Highlights

  • New Construction
  • Lanai
  • Walk-In Closet
  • Waterfront
  • Quartz Countertops
  • Storage

About This Home

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, 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.

Listing Agent

Stephanie Marinucci

Serhant Florida LLC - Delray Beach Office License #3419053 Listed on: 10/03/2025

Serhant Florida LLC - Delray Beach Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Waterfront
  • Fenced
  • Property is zoned SR - Sub Urban Residential District

Interior Spaces

  • Walk-In Closet
  • Elevator
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Building Style Above Flood: Yes
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • Lot Size: 145,700
  • Co List Office Mls Id: 1065037
  • Co List Office Phone: 646-480-7665
  • Subdivision Name: Summerland Estates (25.0)
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Built-in Cabinets, Elevator, Storage, Walk-in Closet(s), Quartz Countertops
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Fencing, Lighting, Lanai, Storage
  • Construction Type: CBS
  • Waterfront: Oceanfront, Open Water
  • Roof: Metal Roof

Utilities

  • Utilities: See Remarks
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: FKAA, Municipal Sewer, Buyer to Verify, Other - See Remarks

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 20814.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 22635.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2026 01/27/26 Price Changed $4,375,000 +1.2% $1,403 / Sq Ft
10/03/2025 10/03/25 For Sale $4,325,000 -- $1,387 / Sq Ft
Source: Florida Keys Board of REALTORS®

Source: Florida Keys Board of REALTORS®

MLS Number: 616702

Florida Keys Board of REALTORS®
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