- $4,250,000
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.
Address
Open on Google Maps-
Address: Shore
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City: Summerland Key
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State/county: Monroe
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Zip/Postal Code: 33040
Details
Updated on July 17, 2026 at 3:57 pm-
Property ID R11113452
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Price $4,250,000
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Property Size 4103 Sq Ft
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Land Area 3.34 Sq Ft
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Bedrooms 5
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Bathrooms 5
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Year Built 2025
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Type Single Family Residence
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Property Status Residential
Additional details
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ArchitecturalStyle Other
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AssociationAmenities Bike Storage, Boating, Elevator(s), Pickleball
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AssociationFee 1391
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AssociationFeeFrequency Monthly
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BathroomsFull 5
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BathroomsHalf 1
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BuildingAreaSource Plans
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BuildingAreaTotal 6514
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CarportSpaces 2
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CoListAgentAOR BeachesMLS
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CoListAgentDirectPhone 561-929-7999
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CoListAgentEmail christian@serhant.com
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CoListAgentFirstName Charles
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CoListAgentFullName Charles Christian Prakas
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CoListAgentKey 26792400
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CoListAgentKeyNumeric 26792400
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CoListAgentLastName Prakas
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CoListAgentMiddleName Christian
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CoListAgentMlsId 3530110
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CoListAgentNationalAssociationId 278042427
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CoListAgentOfficePhone 561-203-2762
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CoListAgentPreferredPhone 561-929-7999
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CoListAgentStateLicense 3530110
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CoListOfficeAOR BeachesMLS
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CoListOfficeEmail helloflorida@serhant.com
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CoListOfficeKey 5935704
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CoListOfficeKeyNumeric 5935704
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CoListOfficeMlsId 276741938
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CoListOfficeName Serhant
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CoListOfficePhone 561-203-2762
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CommunityFeatures Home Owners Association, Boat Facilities, Gated, Street Lights
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ConstructionMaterials Block
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ContractStatusChangeDate 2025-08-06
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Cooling Central Air, Ceiling Fan(s)
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CoveredSpaces 2
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CumulativeDaysOnMarket 345
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CurrentPrice 4250000
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DaysOnMarket 345
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DaysOnMarketReplication 345
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DaysOnMarketReplicationDate 2026-07-17
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DaysOnMarketReplicationIncreasingYN 1
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DirectionFaces East
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Directions Turn Oceanside onto E Shore Dr (SR-942) at Mile Marker 25. The destination is ahead on the left.
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DocumentsCount 0
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ElementarySchool Sugarloaf
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Flooring Other, Wood
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Furnished Unfurnished
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Heating Central, Natural Gas, Other
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HighSchool Key West
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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LaundryFeatures Inside, Laundry Closet
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Levels Two
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ListAOR BeachesMLS
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ListAgentAOR BeachesMLS
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ListAgentDirectPhone 551-427-9492
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ListAgentEmail Stephanie@Serhant.com
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ListAgentFirstName Stephanie
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ListAgentFullName Stephanie Marinucci
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ListAgentKey 26899648
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ListAgentKeyNumeric 26899648
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ListAgentLastName Marinucci
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ListAgentMlsId 276547017
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ListAgentNationalAssociationId 276547017
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ListAgentOfficePhone 561-203-2762
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ListAgentPreferredPhone 551-427-9492
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ListAgentStateLicense 3419053
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ListAgentURL stephanie@saltwaterhomegroup.com
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ListOfficeAOR BeachesMLS
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ListOfficeEmail helloflorida@serhant.com
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ListOfficeKey 6305311
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ListOfficeKeyNumeric 6305311
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ListOfficeMlsId 276825574
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ListOfficeName Serhant
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ListOfficePhone 561-203-2762
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ListingAgreement Exclusive Right With Exception
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ListingContractDate 2025-08-06
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ListingKey 1125679069
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ListingKeyNumeric 1125679069
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ListingTerms Cash, Conventional
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LotSizeArea 145700
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MLSAreaMajor 5940 - Other Florida County
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MainLevelBathrooms 1
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MainLevelBedrooms 1
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MajorChangeTimestamp January 27, 2026 at 12:02pm
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MajorChangeType Price Change
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MiddleOrJuniorSchool Sugarloaf
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp July 17, 2026 at 05:30am
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NumberOfUnitsInCommunity 7
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OnMarketDate 2025-08-06
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OnMarketTimestamp 2025-08-06T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-07-17T01:30:02.840-00:00
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OriginalEntryTimestamp August 6, 2025 at 12:58pm
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OriginalListPrice 40000000
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OriginatingSystemCoListAgentMemberKey 1269833
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OriginatingSystemCoListOfficeKey 1158023
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OriginatingSystemID M00000170
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OriginatingSystemKey 332468196
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OriginatingSystemListAgentMemberKey 1269873
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OriginatingSystemListOfficeKey 369193542
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OriginatingSystemModificationTimestamp 2026-07-17T01:30:02.840-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_BEACH
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OtherParking CarportSpaces:2.00
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ParcelNumber 00200610000000
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ParkingFeatures Attached Carport, Covered, Carport
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PatioAndPorchFeatures Deck, Open, Porch, Balcony
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Permission IDX
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PetsAllowed No Pet Restrictions, Yes
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PhotosChangeTimestamp July 13, 2026 at 06:05pm
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PhotosCount 39
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PoolFeatures In Ground
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Possession Close Of Escrow
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PostalCity Summerland Key
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PostalCode 33040
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PreviousListPrice 4000000
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PriceChangeTimestamp January 27, 2026 at 12:02pm
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PropertyCondition New Construction
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PropertySubTypeAdditional Single Family Residence
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Roof Metal
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RoomsTotal 4
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SecurityFeatures Gated Community, Smoke Detector(s)
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1125679069
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp August 6, 2025 at 12:58pm
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Stories 2
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StoriesTotal 2
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StreetDirPrefix E
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StreetName Shore
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StreetNumber 231
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StreetNumberNumeric 231
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StreetSuffix Drive
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StructureType House
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SubdivisionName The Seven Palms - A Key West Oasis
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TaxAnnualAmount 19000
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TaxLegalDescription LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR2071
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TaxYear 2024
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UnitNumber Unit 2
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UniversalPropertyId US-12087-N-00200610000000-R-N
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Utilities Sewer Available, Water Available
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VideosCount 0
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View Ocean
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WaterSource Public
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WaterfrontFeatures Ocean Access
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Zoning SR
Features
Overview
- Single Family Residence
- 5
- 5
- 4103 Sq Ft
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Down Payment
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Loan Amount
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