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231 E Shore Drive 3, Summerland Key, FL 33042

$4,325,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,119 Lot Size (sq. ft.): 20,814 Status: Active
Current Price: $4,325,000 List Date: 10/03/2025 Last Modified: 12/14/2025

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.

More Information MLS# 616702

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $4,325,000 Listing Date: 2025-10-03 List Price: $4,325,000

Location, Tax & Legal

Unit #: 3 City: Summerland Off Shore Island: No Mile Marker: 25 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1263915 Zoning: SR - Sub Urban Residential District Deed Restrictions: No Legal: LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR20 Taxes: 22635 Tax Year: 2025 Pub Sewer HkUp: Yes 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 Waterfront: Yes Control Depth: 4 Lot Size: 145,700 Lot SqFt: 20814 Pool: Yes Lot Sqft Source: Builder/Architect SqFt Source: Builder/Architect Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 2025 Living Apx SqFt: 3119 Total Bedrooms: 5 Full Baths: 5 Half Baths: 1 Total Baths: 6

Remarks & Misc

Remarks – Consumer: 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. Directions: Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 1100

Fee Includes

Cable: 1 Common Area Mnt: 1 Security: 1 Other: 1

Dockage

Assigned Dock: 1 Basin: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Wood: 1

Neighborhood Feature

Airstrip: 1 Community Boat Ramp: 1 Community Dockage: 1 Tennis Courts: 1

Interior Features

Built-in Cabinets: 1 Elevator: 1 Entrance Foyer: 1 Quartz Countertops: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

New Construction: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Carport: 1

Security

Electric Gate: 1

Construction

CBS: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1 Other - See Remarks: 1

Title

Title Ins - Seller: 1

Exterior Features

Fencing: 1 Lanai: 1 Lighting: 1 Storage: 1

Pool Info

In Ground: 1 Salt Water: 1

Roof

Metal Roof: 1

GF-Interior Features

Tankless Hot Wtr Htr: 1

Status Change Info

Status: Active

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: December - 14 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.