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231 E Shore Drive , #2

Summerland Key, FL 33042
  • $4,150,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 616701
UPDATED: 42 min ago
$4,150,000
  • 5
    BEDS
  • 0.48
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 3,119
    SQFT
  • $1,331
    $/SQFT
Type:
Single-Family Home
Built:
2025
County:

School Ratings & Info

Description

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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/168493814
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231 E Shore Drive , #2 Summerland Key, FL 33042

  • Price: $4,150,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 42 min ago
  • MLS #: 616701
5
Beds
5
Baths
1
½ Baths
0.48
Acres
3,119
SQFT
$1,331
$/SQFT
2025
Built
Neighborhood:
Summerland Estates (25.0)
County:
Monroe
Area:
08 - Summerland Key
Property Description
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.
Exterior Features

Above Flood Yes Construction CBS Dockage Assigned DockBasin Exterior Features FencingStorageLanaiLighting Land Size 2 Less Than 5 Acres Lot Size 145700 Pool Info In GroundSalt Water Pool YN Yes Roof Metal Roof Side Ocean Stories 2 Stories Style Single Family Vehicle Storage Carport Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances WasherFreezerMicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Central Air Floor Wood Furnished Unfurnished Green Interior Features Tankless Hot Wtr Htr Interior Features Entrance FoyerBuilt-in CabinetsQuartz CountertopsWalk-in Closet(s)StorageElevator Specialty Rooms Laundry Room Windows Doors Sliding Glass DoorsImpact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Fee 1100.00 Assoc Hoa YN Yes Assoc Right Of Refusal No City Summerland Condition New Construction Control Depth 4 Deed Restrictions No Fee Includes CableOtherSecurityCommon Area Mnt Flood Zone AE Listing Board Florida Keys Mile Marker 25.00 Min Rental Days 7.00 Neighborhood Features Community DockageAirstripTennis CourtsCommunity Boat Ramp Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Security Electric Gate Sq Ft Source Builder/Architect Tax Exemptions None Tax Year 2025 Taxes 22635.00 Terms CashConventional Title Title Ins - Seller Utilities FKAAOther - See RemarksBuyer to VerifyMunicipal Sewer Zoning SR - Sub Urban Residential District

Listing courtesy of Stephanie Muzzillo of Serhant Florida LLC - Delray Beach Office: (646) 480-7665.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040