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231 E Shore Drive, Unit 3, Summerland Key, FL 33042

$4,375,000
  • 231 E Shore Drive, Unit 3, Summerland Key, FL 33042 Main Photo

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Active
BEDS5 BATHS5 full 1 partial SQUARE FEET3,119 MLS#616702
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSummerland Estates (250)

Property 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.

231 E Shore Drive, Unit 3 | MLS# 616702

This single family home located at 231 E Shore Drive, Unit 3, Summerland Key, FL 33042 is currently listed for sale with an asking price of $4,375,000. This property was built in 2025 and has 5 bedrooms and 5 full and 1 partial baths with 3119 sq. ft. E Shore Drive, Unit 3 is located in the Summerland Estates (250) subdivision. Search Summerland Estates (250) real estate on gaylejones.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Roof Type: Metal Roof
Stories: 2.0
Taxes: $22,635
Year Built: 2025

Feature Descriptions

Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Building Above Flood: Yes
Community Features: Community Dockage, Airstrip, Tennis Courts, Community Boat Ramp
Days on Site: 166
Dockage: Assigned Dock, Basin
Exterior: CBS
Exterior: Fencing, Storage, Lanai, Lighting
Fee Includes: Cable, Other, Security, Common Area Mnt
Flood Zone: AE
Flooring: Wood
Furnished: Unfurnished
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: Yes
HOA Fee: 1391.00
Interior: Entrance Foyer, Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Storage, Elevator
Key/Island: Summerland Key
Listing Board: Florida Keys
Off Shore Island: No
Parking: Carport
Pets: Pets Allowed
Pool: In Ground, Salt Water
Property Condition: New Construction
Security: Electric Gate
Sewer Hookup: Yes
Specialty Rooms: Laundry Room
Swimming Pool: Yes
Tax exemptions: None
Utilities: FKAA, Other - See Remarks, Buyer to Verify, Municipal Sewer
Waterfront: Oceanfront, Open Water
Waterview: Ocean View, Open Water View
Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
Zoning: SR - Sub Urban Residential District

Listed By / Shown By

Listed By

Agency Name: Serhant Florida LLC - Delray Beach Office
Agency Phone: (646) 480-7665

Shown By

Agent Name: Gayle Jones
Agent Phone: (386) 852-2481
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 26,447.88 per month $23,285.59 Principal & Interest $1,886.25 Property Tax $1,276.04 Homeowner's Insurance

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