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231 E Shore Drive #3

Summerland, FL 33042

$4,375,000 $18,445/Mo

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Overview

Bed

Bath

3,119

Sqft

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.

Property Details

Property Type : Residential - Single Family

Price : $4,375,000

AD Id : 67286426

MLS Id : 616702

Beds : 5

Living Area Size : 3,119

Year Built : 2025

County : Monroe

Subdivision: The Redlands

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 5 Laundry Room

Bathroom Information

Total Baths: 6 Full Baths: 5 Half Baths: 1
Interior Features

Entrance Foyer,Built-in Cabinets,Quartz Countertops,Walk-in Closet(s),Storage,Elevator Tankless Hot Wtr Htr Appliances: Washer,Freezer,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer
Roofing Information

Metal Roof

Flooring Information

Wood

Heating & Cooling

Cooling: Central Air Water Front: Yes Oceanfront,Open Water Ocean View,Open Water View

Window Information

Window Treatments: Sliding Glass Doors,Impact Rstnce Window,Impact Rstnce Doors

Building Information

Year Built: 2025 Floor Location: 20814 Construction: CBS Security System: Electric Gate Roof: Metal Roof
Exterior Features

Fencing,Storage,Lanai,Lighting

Pool Information

In Ground,Salt Water

Lot Information

Lot Dimensions: 145,700 Lot SqFt: 20,814 Lot SqFt Source: Builder/Architect LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR20
Property Information

SQ ft (Living Area): 3,119 View: Ocean View,Open Water View Subdivision: Summerland Estates (25.0) Stories: 2 Stories

Listing Price Information

List Price: $4,375,000
Listing Information

Cash,Conventional

Tax Information

Taxes: $22,635 Tax Year: 2025 Tax Exemptions: None

Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $1391.00

Utility Information

FKAA,Other - See Remarks,Buyer to Verify,Municipal Sewer

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
25368 2nd Street, Summerland, FL, 33042	$1,395,000	2	2	1,392	1,392 SqFt
231 E Shore Drive #4, Summerland, FL, 33042	$4,375,000	5	6	3,119	3,119 SqFt
231 E Shore Drive #5, Summerland, FL, 33042	$4,400,000	5	6	3,119	3,119 SqFt
231 E Shore Drive #1, Summerland, FL, 33042	$3,995,900	5	6	3,119	3,119 SqFt
231 E Shore Drive #2, Summerland, FL, 33042	$4,150,000	5	6	3,119	3,119 SqFt
231 E Shore Drive #6, Summerland, FL, 33042	$4,375,000	5	6	3,119	3,119 SqFt
Melody, Summerland Key, FL, 33042	$7,000,000	3	4	2,851	2,851 SqFt
360 W Shore Drive, Summerland, FL, 33042	$749,500	3	1	1,562	1,562 SqFt
195 W Shore Drive, Summerland, FL, 33042	$849,000	3	2	1,500	1,500 SqFt
860 Lagoon Drive, Summerland, FL, 33042	$1,950,000	3	3	1,797	1,797 SqFt