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$3,995,900

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 3,119 Sq. Ft.
  • Updated 3 hours ago
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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.

Full Property Details for 231 E Shore Dr #1

General

  • Price: $3,995,900
  • HOA FEE: $1,391
  • Taxes: $22,635 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 616700
  • Updated: 5/13/2026
  • Added to Site: 223 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Entrance Foyer, Walk-in Closet(s), Built-in Cabinets, Elevator, Quartz Countertops, Storage
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Shared Amenities: Community Dockage, Community Boat Ramp, Tennis Court(s), Airport/Runway
  • Pool: Yes
  • Pool Description: Salt Water, In Ground
  • Security/Safety: Electric Gate

Exterior

  • Exterior Features: Lighting, Fencing, Lanai, Storage

Parking

  • Parking Features: Carport

Location

  • Area: 08 - Summerland Key
  • County: Monroe
  • Subdivision: Summerland Estates (25.0)
  • Driving Directions: Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.

Community

  • Association: Yes
  • Assoc. Fees Include: Other, Cable TV, Common Area Mnt, Security
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Structural Information

  • Architectural Style: Above Flood
  • Construction Status: New Construction
  • Construction: CBS
  • Roof: Metal
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window, Sliding Glass Doors
  • Square Feet: 3,119
  • Sq. Ft. Source: Builder/Architect
  • Year Built: 2025
  • Property Condition: New Construction

Lot Features

  • Property View: Open Water View, Ocean
  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,814
  • Lot Size Source: Builder/Architect
  • Lot Dimensions: 145700
  • Zoning: SR - Sub Urban Residential District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Oceanfront, Open Water

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $1,391
  • Tax Amount: $22,635
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR20
  • Flood Zone: AE
  • APN: 00200610-000000

Listed by Serhant Florida LLC - Delray Beach Office, Stephanie Marie Muzzillo (551) 427-9492

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Listing agent

— 231 E Shore Dr #1 —

  • Stephanie Marie Muzzillo

    Serhant Florida LLC - Delray Beach Office

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 231 E Shore Dr #1

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Sugarloaf School
255 Crane Boulevard, Summerland Key, FL 33042
PK-85.8 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1222.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 231 E Shore Dr #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Price Reduced
$3,995,900
-0.1%
MLS
10/03/2025
Listed
$4,000,000
13.64%
MLS
7/22/2021
Sold
$3,520,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 231 E Shore Dr #1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,902
—
$2,119,964
-10%
2024
$19,902
-40%
$2,361,645
-47%
2023
$33,086
77%
$4,450,073
102%
2021
$18,729
-33%
$2,207,382
-33%
2022
$28,000
50%
$3,299,541
47%
2021
$18,729
24%
$2,250,282
38%
2019
$15,055
-2%
$1,625,513
1%
2018
$15,369
-3%
$1,610,998
-12%
2017
$15,770
2%
$1,823,159
-2%
2016
$15,498
17%
$1,863,158
43%
2015
$13,198
259%
$1,305,986
7356%
2014
$3,675
-4%
$17,517
10%
2013
$3,843
—
$15,925
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 231 E Shore Dr #1

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Serhant Florida LLC - Delray Beach Office, Stephanie Marie Muzzillo (551) 427-9492

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231 E Shore Drive #1, Summerland Key, FL 33042 (MLS# 616700) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 231 E Shore Drive #1 is currently listed for $3,995,900 and was received on October 02, 2025. Want to learn more about 231 E Shore Drive #1? Do you have questions about finding other Single Family real estate for sale in Summerland Key? You can browse all Summerland Key real estate or contact a Coldwell Banker agent to request more information.

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