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231 E Shore Drive Unit 1, Key West, FL - photo 1

$4,400,000

231 E Shore Drive Unit 1

Key West, FL 33040

Estimated payment $24,215/month

includes HOA $1,391/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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5Beds
6Baths
4,103Sq Ft
$1072Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

HOA $1,391/mo
Private Pool
Built in 2025
145,490 sqft Lot

About This Home

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, 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, including on-site pickleball courts and a serene waterfront atmosphereall while being just a short drive to the shops, restaurants, and attractions of Key West. For investors, Seven Palms Cove is an absolute dream. There are no rental restrictions, and similar properties just across the street are bringing in over $300,000 in annual income. Whether you're looking for a luxury vacation home or a high-performing investment property with incredible short-term rental potential, this community offers unmatched flexibility and return potential. Whether you're searching for a forever home, a tropical getaway, or a high-yield asset in the Keys, Seven Palms Cove delivers the perfect blend of comfort, exclusivity, and opportunity. Call us today for pricing details and to schedule your private tour of this exceptional waterfront retreat.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:5
  • •Bathrooms:6 (5 full, 1 half)
  • •Full bathrooms:5
  • •Half bathrooms:1

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:4,103 sqft
  • •Total interior livable area:4,103 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:145,490 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:2025

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Price history

DateEventPrice
2025-08-06T00:00:00.000ZListed for sale$4,400,000$1072/sqft

Listing Agent

Stephanie Marinucci PA

Serhant

Brokerage Phone: 561-203-2762

Source: Beaches MLS · MLS #R11113396

Data Powered by Home Junction, Inc.

Nearby

Supermarkets

Florida Keys Hospitality Services

0.4 mi

Big Bear Developers

0.8 mi

Dining

Tonio's Seafood Shack & Tiki Bar

0.1 mi

Murrays Market

0.7 mi

Julie’s Kitchen

1.0 mi

Beaches

Long Beach

6.1 mi

Sugarloaf Beach

8.3 mi

Calusa Beach

10.0 mi

Nearby amenity locations include data © OpenStreetMap contributors.