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Listed price in listed location currency (USD).
$4,375,000

560

MLS® R11113480

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4103 sqft
Garage No
Taxes $19,902
Days Active 221
Lot Size 3.34 acres
Approx. Age 2025
Avg. Price Per Sqft $1,066
MLS® Number R11113480

Property Address: 5-231 Shore Ave, Key West, FL, 33040-5426

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® NumberR11113480
Laundry LevelInside, Laundry Closet
Central VacNo
FireplaceNo
Acreage3.34
Exterior
GarageNo
Approx. Age2025
Basement
DrivewayAttached Carport, Covered
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Second Floor16 × 16 ft
Living Room:Lower Level19 × 19 ft
Kitchen:Lower Level14 × 15 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 5, 2025List Date
$4,375,000List Price
  • Commute

Commute

Starting Address
Destination Address
231 Shore Ave, Key West, FL

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