FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$4,375,000320 days on marketActive

231 E Shore Drive Unit 6, Key West, FL 33040

Key West, FL 33040
5
Beds
5.5
Baths
4,103
Sq Ft
$1,066
$/Sq Ft
2025
Year Built
3.34 acres
Lot Size

Listing Snapshot

List Price$4,375,000
Price / Sq Ft$1,066
Beds5
Baths5.5
Living Area4,103 sqft
Lot Size3.34 acres
Year Built2025
Property Tax$19,902.3/yr
HOA / Condo Fee$1,391 / monthly
MLS #1125683306
StatusActive
Days on Market320

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
Other
Stories
2
Direction Faces
East
Parking
AttachedCarport,Covered
Zoning
SR
Security
GatedCommunity,SmokeDetectors
Utilities
SewerAvailable,WaterAvailable
Subdivision
SUMMERLAND ESTATES

Interior Features

Appliances
Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Washer
Flooring
Other,Wood
Heating
Central,NaturalGas,Other
Cooling
CentralAir,CeilingFans
Interior Features
BuiltInFeatures,DualSinks,EntranceFoyer,Elevator,Pantry,TubShower,UpperLevelPrimary,WalkInClosets
Laundry
Inside,LaundryCloset
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony,OutdoorLivingArea
Roof
Metal
Lot Features
TwoToThreeAcres
Patio / Porch
Deck,Open,Porch,Balcony
Pool
Yes
Pool Features
InGround
View
Ocean
Waterfront
Yes
Waterfront Features
OceanAccess

Community Features

Community Features
HomeOwnersAssociation,BoatFacilities,Gated,StreetLights
Association Amenities
BikeStorage,Boating,Elevators,Pickleball
Association Dues
$1,391 / monthly
MLS Area
5940 - Other Florida County

Schools

ElementarySugarloaf
MiddleSugarloaf
HighKey West

Map

Virtual Tour

View Virtual Tour
Listed by Stephanie Marinucci · Serhant
MLS# 1125683306 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

Interested in this home?

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Estimate Your Payment

$

20% down · Loan: $3,500,000

%
Est. Monthly$26,926
Principal & Interest$23,876
Property Tax$1,659
HOA$1,391

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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