Home in 231 E Shore Drive Unit 2, Summerland Key, FL 33040 for sale with MLS# R11113452

Welcome home to an exceptional new-construction residence in a private, gated community offering resort-style amenities, a boat slip and nightly rental opportunities. Conveniently located next to Summerland Key Airport, this fully upgraded home features a private elevator, a stunning infinity pool overlooking the water and an expansive rooftop deck perfect for enjoying breathtaking Florida Keys sunsets. Only have two homes remaining.

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231 E Shore Drive Unit 2, Summerland Key, FL 33040

Price
Price:
$4,250,000.00
Original List Price:
$40,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,035.82
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Change
Last Major Update on:
January 27, 2026 5:02 pm
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
6
Full Bath:
5
Half Bath:
1
Room Type:
Laundry, Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Master Bdrm - Upstairs, Dual Sinks, Spa Tub & Shower
Measures
Living Area:
4,103 Sqft
Built-Up Area:
6,514 Sqft
Lot Area:
145,490.40 Sqft
Building Area Source:
Plans
Lot Size Acres:
3.34
Property Features
View from the Property:
Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Access
Private Pool
Swimming Pool Features:
In Ground
Security:
Smoke Detector(s)
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Interior:
Pantry, Walk-In Closet(s), Entrance Foyer, Built-in Features, Elevator
Exterior:
Balcony
Patio and Porch:
Deck, Porch, Porch - Open
Laundry:
Inside, Laundry Closet
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central, Other, Natural Gas, Natural Gas, Central Building
Property Entrance Faces:
East
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2025
Roof:
Metal
Year Roof Installed:
2025
Architectural Style:
Other
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood, Other
Number of stories:
2
Structure Type:
House
Number of Units in the Community or Building:
7
Stories:
2
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$19,000.00
Tax Year:
2024
Association Fee:
$1,391.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Carport Spaces:
2
Covered Spaces:
2
Parking Features:
Covered, Attached Carport, Carport
Carport
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Capital Contributions Required
Capital Contributions Amount:
$16,000.00
Application Required
Application Fee:
$200.00
Association Type:
Homeowner Association
Pets Allowed?:
Yes, No Restrictions
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Bike Storage, Elevator(s), Pickleball Court(s), Boating, Street Lights
Subdivision Name:
The Seven Palms - A Key West Oasis
Senior Community:
No
Development Name:
The Seven Palms - A Key West Oasis
Restrictions:
No Restrictions
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
LT 17 SUMMERLAND ESTATES SUMMERLAND KEY PB2-167 OR365-904 OR367-388 OR774-400 OR774-1530 OR2018-597 OR2071-1193 OR2071
Real Estate Folio Number (Parcel Number):
00200610000000
Zoning:
SR
Public Schools Assigned
High School:
Key West
Middle Or Junior School:
Sugarloaf
Listing History
Active on the market since:
August 6, 2025
Listing Agreement executed on:
August 6, 2025
Price change occurred on:
January 27, 2026 5:02 pm
Listing Status Last Changed On:
August 6, 2025 4:58 pm
Photos updated on:
July 27, 2026 2:03 pm
Last Modified:
August 9, 2026 7:24 am
Additional Information
Courtesy of:
Serhant
Attribution:
Not provided
Location
Street Name:
Shore
Street Number:
231
Unit Number:
Unit 2
City:
Summerland Key
State:
Florida
Zip Code:
33040
County:
Monroe
Latitude:
N24° 39' 27.6''
Longitude:
W82° 33' 44''
Street Suffix:
Drive
Street Direction Prefix:
E
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $79,038
Median Home Value $766,400
Median Rent $2,079/mo
Median Age 44
Population 36,091
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This listing can also be located in the MLS system as RX-11113452
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.