$4,400,000
NEW CONSTRUCTION

231 E Shore Dr Unit 5 Summerland Key, FL 33042

Estimated payment $25,306/month

5 Beds
5.5 Baths
3,119 Sq Ft
$1,411 Price per Sq Ft

Highlights

  • Airstrip
  • Boat Ramp
  • Tennis Courts
  • Ocean Front
  • Assigned Dock
  • New Construction

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 starting at $4M, 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 Muzzillo

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

Est. Annual Taxes

  • $22,635

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.48 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned SR - Sub Urban Residential District

Home Design

  • Metal Roof

Interior Spaces

  • 3,119 Sq Ft Home
  • Elevator
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Ocean Views
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Electric Gate

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Airstrip
  • Assigned Dock
  • Tennis Courts
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable, security, common area mnt
  • Summerland Estates Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,635

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1100.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Security, Common Area Mnt
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Airstrip, Tennis Courts, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 22635.00
  • Title: Title Ins - Seller
  • Vehicle Storage: Carport
  • Year Built: 2025
  • Alternate Key Number: 1263915
  • Cooling Heating: Central Air
  • Lot Sq Ft: 20814.00
  • Pool Info: In Ground, Salt Water
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3119.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Entrance Foyer, Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Storage, Elevator
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Assigned Dock, Basin
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Lanai, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Other - See Remarks, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Lot Size: 145,700
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

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
10/03/2025 10/03/25 For Sale $4,400,000 -- $1,411 / Sq Ft
Source: Florida Keys Board of REALTORS®

Source: Florida Keys Board of REALTORS®

MLS Number: 616704

Florida Keys Board of REALTORS®