$4,375,000
 $23,486 est/mo Sourced by Back At You

231 E Shore Drive Unit 4,Key West, FL 33040

Key West, FL 33040

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Description

Introducing Seven Palms Cove, a one-of-a-kind new construction community that redefines luxury island living. With only seven exclusive residences availableeach starting at $4 millionthis 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.

Details

MLS #R11113466
Listing TypeFor Sale
StyleHouse
HOA Dues$1,391
Sub-TypeNew Construction
StatusPending
Year2025
Days On Site381
Listing Provided BySerhant | Stephanie Marinucci

Features

Bed(s)5
Bath(s) 6 Total
SQ Feet4,103
Car PortYes
PoolYes
Story(s)2
ZoningSR
Acreage3.34
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesTwo To Three Acres

Parking

Garage Yes / NoNo
Parking FeaturesAttached, Covered, Garage

Taxes

Tax Annual Amount19000

Location

Community FeaturesBoat Facilities, Home Owners Association, Street Lights

Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
Area5940 Florida Other
SubareaOther Geographic Area (Out Of Area Only)
Community NameThe Seven Palms A Key We
Listing VS Median (in The Seven Palms A Key We)
Price:
$4,375,000
low | high
Med:
$4,250,000
52.857142857143% of Average
sqft:
4,103
low | high
Med:
4,103
50% of Average
$ / sqft:
$1,066
low | high
Med:
$1,036
52.857142857143% of Average
On site:
381
low | high
Med:
381
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMonroe
CityKey West
Zip Code33040
Area5940 Florida Other
SubareaOther Geographic Area (Out Of Area Only)
Community NameThe Seven Palms A Key We
Listing VS Median (in The Seven Palms A Key We)
Price:
$4,375,000
low | high
Med:
$4,250,000
52.857142857143% of Average
sqft:
4,103
low | high
Med:
4,103
50% of Average
$ / sqft:
$1,066
low | high
Med:
$1,036
52.857142857143% of Average
On site:
381
low | high
Med:
381
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.281M - $5.468M
sqft: 3,000 - 5,000
Listing Updated: July 20, 2026 at 5:16:22 AM PDT