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Patrick Mullaney

[email protected] +1(954) 833-5158

$ 4,250,000

Est. payment | -/mo

5 Beds

6 Baths

4,103 SqFt

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$ 4,250,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

6 Baths

4,103 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,103 sqft

Price per Sqft $1,035

Subdivision The Seven Palms - A Key We

MLS Listing ID R11113452

Style Other

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Fees $1,391/mo

HOA Y/N Yes

Year Built 2025

Annual Tax Amount $19,000

Tax Year 2024

Lot Size 3.340 Acres

Acres 3.34

Property Sub-Type Single Family Residence

Property 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, and enjoy direct access to the sea from your assigned dock space in a private boat basin perfect 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 atmosphere all 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.

Location

State FL

County Monroe

Community The Seven Palms - A Key We

Area 5940 Florida Other

Direction Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.

Interior

Interior Features Built-in Features, Dual Sinks, Entrance Foyer, Separate Shower, Upper Level Primary, Walk-In Closet(s), Elevator, Pantry

Heating Central, Gas, Other

Cooling Central Air, Ceiling Fan(s)

Flooring Hardwood, Other, Wood

Furnishings Unfurnished

Window Features Impact Glass

Appliance Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Parking Features Attached

Carport Spaces 2

Pool Pool

Community Features Boat Facilities, Home Owners Association, Street Lights

Utilities Available Water Available, Sewer Available

Amenities Available Boat Dock, Bike Storage, Elevator(s), Pool

Waterfront Description Ocean Access

View Y/N Yes

View Ocean

Roof Type Metal

Porch Balcony, Open

Total Parking Spaces 2

Garage Yes

Private Pool Yes

Building

Faces East

Story 2

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Architectural Style Other

Level or Stories Two

Structure Type Block

New Construction true

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 00200610000000

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/231-E-Shore-Drive-Unit-2-Key-West-FL-33040/unbranded

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Serhant

231 E Shore DR #Unit 2 Key West, FL 33040

Patrick Mullaney

Key Details

Location

Interior

Exterior

Building

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231 E Shore DR #Unit 2