231 E Shore Drive 1, Summerland Key, FL 33042

$3,995,900
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,119 Lot Size (sq. ft.): 20,814 Status: Active
Current Price: $3,995,900 List Date: 10/03/2025 Last Modified: 3/01/2026

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.

Open Houses

Sunday, March 01, 10:00 am - 1:00 pm

More Information MLS# 616700

Contract Information

Current Price: $3,995,900 Listing Date: 2025-10-02 Listing Board: Florida Keys List Price: $3,995,900 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 231 Direction: E Street Name: Shore Drive Key/Island: Summerland Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Summerland Estates (25.0) Area: 08 - Summerland Key

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 4 Pool: Yes Year Built: 2025 Lot Size: 145,700 Lot SqFt: 20814 Lot Sqft Source: Builder/Architect Living Apx SqFt: 3119 SqFt Source: Builder/Architect Total Bedrooms: 5 Full Baths: 5 Half Baths: 1 Total Baths: 6 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 1391

Building Style

Above Flood: Yes Stories: 2 Stories

Property Features

Fee Includes: Cable; Common Area Mnt; Security; Other Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Assigned Dock; Basin Property Condition: New Construction Vehicle Storage: Carport Furnished: Unfurnished Cooling: Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer; Other - See Remarks Interior Features: Built-in Cabinets; Elevator; Entrance Foyer; Quartz Countertops; Storage; Walk-in Closet(s) Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Lanai; Lighting; Storage Pool Info: In Ground; Salt Water Construction: CBS Floor: Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Community Boat Ramp; Community Dockage; Tennis Courts Security: Electric Gate Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional Title: Title Ins - Seller GF-Interior Features: Tankless Hot Wtr Htr

Room Information

Living Room Length: 19.00 Level: Main Length: 19.00 Width: 19.00 Width: 19.00 Kitchen Length: 15.00 Level: Main Length: 15.00 Width: 14.00 Width: 14.00 Bedroom 1 Length: 16.00 Level: Second Length: 16.00 Width: 16.00 Width: 16.00
Listing Office: Serhant Florida LLC - Delray Beach Office
Last Updated: March - 01 - 2026
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