231 E Shore Drive #3, Summerland Key, FL 33042 - Photo 1

1/1

$4,325,000

Sold
Closed
Single Family
5 Beds
5 Full Baths
1 Partial Bath
3,119 Sq. Ft.
Updated 16 hours ago

1/1

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, 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

Full Property Details for 231 E Shore Dr #3

General

Sold For: $4,325,000
HOA FEE: $1,391
Taxes: $22,635 (2025)
Status: Closed
Type: Single Family
Source: 927
MLS ID: 616702
Added to Site: 272 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

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

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Listing agent

— 231 E Shore Dr #3 —

Stephanie Marie Muzzillo

Serhant Florida LLC - Delray Beach Office

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Schools

Schools serving 231 E Shore Dr #3

School District:Monroe County School District, Middle Torch Key, FL

Name	Grades	Distance
Sugarloaf School 255 Crane Boulevard, Summerland Key, FL 33042	PK-8	5.8 mi
Key West High School 2100 Flagler Avenue, Key West, FL 33040	9-12	22.5 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 #3

Date

Details

Price

Change

Source

5/28/2026

Sold

$4,325,000

-1.14%

MLS

1/27/2026

Price Increased

$4,375,000

1.16%

MLS

10/03/2025

Listed

$4,325,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
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Active
Updated 1 day ago

3
Beds
2
Total Baths
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Sq. Ft.

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Bed
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231 E Shore Dr, Summerland Key, FL 33042 - Photo 1

Sold

$4,275,000

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Single Family
Closed

5
Beds
6
Total Baths
3,119
Sq. Ft.

Listed by Serhant Florida LLC - Delray Beach Office, Stephanie Marie Muzzillo
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Single Family
Closed
Updated 2 days ago

3
Beds
4
Total Baths
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Sq. Ft.

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231 E Shore Drive #3, Summerland Key, FL 33042 (MLS# 616702) is a Single Family property that was sold at $4,325,000 on May 28, 2026. Want to learn more about 231 E Shore Drive #3? 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.

231 E Shore Dr #3 Summerland Key, FL 33042