231 E Shore Dr Unit 1

Key West, FL 33040
  • $3,995,900

    Price
  • 5

    Bed
  • 5.5

    Bath
  • 4,103

    SqFt

About the Listing 276825574 - 276547017,3530110

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.

Listing Highlights

Status Pending
Days on Site 317
Property Type Residential
MLS ® R11113396
Year Built 2025
Total Square Footage 4,103
Lot/Acreage 3.34
County Monroe
HOA Dues 1391/Monthly
Elementary School Sugarloaf
Middle School Sugarloaf
High School Key West

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full / 1 Half
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Air Cond: Central Air,Ceiling Fan(s)
  • Heating: Central,Natural Gas
  • Fireplaces:
  • Floor: Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Unfurnished,Built-in Features,Dual Sinks,Entrance Foyer,Elevator,Pantry,Tub Shower,Upper Level Primary,Walk-In Closet(s),Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: 2-3 Acres,New Construction
  • Garage Capacity: N/A
  • Zoning: SR
  • Roof: Metal
  • Others: Balcony,Outdoor Living Area
  • Sewer: Public Sewer
  • Parking Features: Attached Carport,Covered

Financial Details

  • Tax Amount: $19,902
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00200610000000
  • Tax Year: 2024

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231 E Shore Dr Unit 1 Key West, FL 33040

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Originating MLS: BEACH

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