231 E Shore Drive Unit 3, Key West, FL 33040 (MLS# R11113457)

231 E Shore Drive Unit 3, Key West, FL 33040

$4,375,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 6,514 Status: Active
Current Price: $4,375,000 List Date: 8/06/2025 Last Modified: 3/26/2026

Overview

Description

Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences available—each starting at $4 million—this private enclave offers a rare opportunity to own a slice of paradise just minutes from the heart of Key West. Each state-of-the-art home spans over 4,000 square feet and features 5 spacious bedrooms, 5.5 elegantly designed bathrooms, open balconies, and your own private rooftop terrace with sweeping water views. Built with impact glass throughout and outfitted with top-of-the-line appliances and finishes, these homes offer modern sophistication at every turn. Step outside to your own sparkling infinity-edge pool positioned right on the water,

Supplements: and enjoy direct access to the sea from your assigned dock space in a private boat basinperfect for boating enthusiasts. This gated, oceanfront community is ideally located just a block from a private airport that accommodates small aircraft, adding a level of convenience few properties can match. You'll also enjoy resort-style amenities, includi ...

Open Houses

  • Sunday, March 29, 10:00 am - 1:00 pm

Listing Details MLS# R11113457

General Property Information

Number Of Units In Community
7
Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Community Development District YN
No
Building Area Main
6514
Building Area Source
Plans
Living Area Main
4103
Year Built
2025
Carport YN
Yes
Attached Carport YN
Yes
Carport Spaces
2
Covered Spaces
2
Gated Community YN
Yes
Lot Size Area
145700
Lot Size Acres
3.34
Frontage Length
120
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
Yes
Furnished
Unfurnished
Year Roof Installed
2025

Property Features

Flooring: Wood; Other Parking Features: Covered; Attached Carport Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Architectural Style: Other Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central; Central Building; Natural Gas; Other Interior Features: Built-in Features; Elevator; Entrance Foyer; Pantry; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: In Ground Possession: Close Of Escrow Restrictions: Lease OK Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Ocean Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office Outdoor Living Spaces: Balcony; Deck; Porch Balcony Details: Balcony - Open Porch Details: Porch - Open Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 2 To Less Than 3 Acre Lot; 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2025-08-06
Original List Price
4125000
Negotiable Seller Concessions YN
No

Location and Legal

Country
United States
County Or Parish
Monroe
County Parish Name
Monroe
Street Number
231
Street Direction Prefix
E
Street Name
Shore
Street Suffix
Drive
Unit Number
Unit 3
City Name
Key West
State Or Province
FL
Postal Code
33040
Postal Zip
33040
Subdivision Name
The Seven Palms - A Key West Oasis
Development Name
The Seven Palms - A Key West Oasis
Area
5940 - Other Florida County
Geographic Area
Other
Elementary School
Sugarloaf
Middle Or Junior School
Sugarloaf
High School
Key West
Special Assessment YN
No
Parcel Number
00200610000000
Zoning
SR
Directions
Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1391
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
19000
Tax Year
2024
Tax Legal Description
LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR20711

Status Change Information

Major Change Timestamp
2026-01-27T16:56:58Z
Major Change Type
Price Change
Price Change Timestamp
2026-01-27T16:56:58Z
Status Change Date
2025-08-06

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
200

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
Yes
Capital Contributions Amount
16000

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pool Size Details

Pool Size (WxL)
8'12

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Room Types

Kitchen Level
Lower
Living Room Level
Lower
Master Bedroom Level
Second
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
1066.29

Originating Details

Originating System Key
20250806170215967033000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Bike Storage
Yes
Boating
Yes
Elevator(s)
Yes
Pickleball Court(s)
Yes
Street Lights
Yes

Flooring

Wood
Yes
Other
Yes

Parking Features

Covered
Yes
Attached Carport
Yes

Property Condition

New Construction
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Central Building
Yes
Natural Gas
Yes
Other
Yes

Water Access

Ocean Access
Yes

Water View

Ocean
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes

Interior Features

Built-in Features
Yes
Elevator
Yes
Entrance Foyer
Yes
Pantry
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes
Laundry Closet
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

In Ground
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Architectural Style

Other
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Association Type

Homeowner Association
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Call Listing Office
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Master Bdrm - Upstairs
Yes
Spa Tub & Shower
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

Lease OK
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Deck
Yes
Porch
Yes

Balcony Details

Balcony - Open
Yes

Porch Details

Porch - Open
Yes

Acreage Description

2 To Less Than 3 Acre Lot
Yes
4 To Less Than 5 Acre Lot
Yes

Room Information

Living Room Length: 19.00 Length: 19.00 Width: 19.00 Width: 19.00 Level: Lower Kitchen Length: 15.00 Length: 15.00 Width: 14.00 Width: 14.00 Level: Lower Master Bedroom Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Level: Second Laundry
Listing Office: Serhant
IDX
Last Updated: March - 26 - 2026
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