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DockOnly™ and Dock Score™ are trademarks of Blue Mar Real Estate Group Inc.

Blue Mar Real Estate Group

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker

DBPR License CQ1018554

Listing data provided by Miami Realtors MLS via Bridge Data Output. Information deemed reliable but not guaranteed. Dock Score™ is a DockOnly.com rating and is not provided by or affiliated with the MLS or listing broker. NOAA chart data is public domain and for reference only — not for navigation. Full MLS Compliance

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+20

231 E Shore Drive Unit 2

Key West, FL, 33040

Active

$4,250,000

231 E Shore Drive Unit 2

Key West, FL, 33040

Active

$4,250,000

5

Bedrooms

—

Bathrooms

4,103 sqft

Living Area

2025

Year Built

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$850,000 down

%
Principal & Interest$22,052/mo
Property Tax (est. ~1.2%, varies by county)$4,250/mo
Home Insurance (est.)$250/mo
HOA Fees$1,391/mo
Total Monthly Payment$27,943
Loan Amount: $3,400,000Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

Comparable Sales

$4,250,000Tour the dockSchedule a Showing
Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map — verify navigability with a local captain or surveyor before relying on it.

$1,391

HOA / Monthly

309

Days on Market

Dock Score™

DockOnly
71
Good

What shaped this score

✓Ocean Access
✓Dock present
✓Bridge-free to ocean
✓Fits boats up to ~30ft (est.)

DockOnly.com rating — not provided by the MLS or listing broker.

Dock & Water AccessMLS

Ocean Access

AI Aerial Imagery Detection

Dock DetectedSeawall DetectedDeep Water Indicators~26-35 ft dock

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Navigation RouteDockOnly

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

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.

Schedule a Showing

See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

Key West, FL, 33040

No price history available for this property.

Listing courtesy of Serhant

Last updated: 6/12/2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Dock Score™

DockOnly
71
Good

What shaped this score

✓Ocean Access
✓Dock present
✓Bridge-free to ocean
✓Fits boats up to ~30ft (est.)

DockOnly.com rating — not provided by the MLS or listing broker.

Nearest Bridge Clearances

Florida Keys — critical for tall/large vessels

No bridge data available for this location.
FEMA Flood Zone AE
BFE: 8ft

Special Flood Hazard Area

View FEMA Flood Map →
Loading nearby marinas…
Loading nearby sandbars…

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