231 Shore Drive, Key West, FL 33040

Property Status: Active

5

BEDROOMS

5

BATHROOMS

$32,000,000

LISTING PRICE

6,514

SQUARE FOOT

Year Built: 2025   MLS #: RX-11130582
Subdivision: SUMMERLAND ESTATES

For More Information Call: 561-283-4663

Introducing Seven Palms Cove, a rare new construction oceanfront community in the Florida Keys that combines luxury living with unmatched investment potential. With only seven residences available--each spanning over 4,000 sq. ft. with 5 bedrooms, 5.5 baths, private infinity pools, rooftop decks, and assigned dockage--this gated enclave offers turn-key short-term rental flexibility. Unlike most communities in the Keys, there are no rental restrictions, making it possible to operate each home as a high-yield Airbnb or combine all seven into a boutique hospitality portfolio complete with shared resort-style amenities: a private boat basin, sport courts, pickleball, hammocks, and paddleboard launches.

This listing is courtesy of Serhant. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach,0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc.

Square Footage: 6,514 ($4,912/sqft) Listing Price: $32,000,000
Bedrooms: 5 Bathrooms: 5 + 1 halfs
Exterior Features: Deck,Open Balcony,Open Porch Interior Features: Built-in Shelves,Elevator,Foyer,Pantry,Walk-in Closet
Pool: Yes Amenities: Bike Storage,Boating,Elevator,Pickleball,Street Lights
Subdivision: SUMMERLAND ESTATES Property Type: Residential / Single Family Detach
Waterfront: Ocean Access Home View: Yes
Parking: Carport - Attached,Covered,Driveway Address: 231 Shore Drive, Key West FL 33040
HOA: Mandatory HOA Dues: $1,100/month
Construction: CBS Expenses: 0
Heating: Central,Central Building,Gas,Other County: Monroe
Cooling: Ceiling Fan,Central Furnishings: Furniture Negotiable,Unfurnished
Flooring: Other,Tile,Wood Floor Garage: 0.00
Tax Amount: $19,902 (2024) Pets: Yes
Utilities: Public Sewer,Public Water Equipment / Appliances: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Smoke Detector,Washer
Short Sale /
Bank Owned:
No Home View: Ocean
Home Design: Other Arch Dining Area:
Elem. School: Middle School:
High School: Virtual Tour: Yes