Beach Homes Realty
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231 e shore drive

Key West, FL 33040

5 BEDS 5-Full 1-Half BATHS
3.33 AC LOT
Residential - Single Family
Image 1
Bedrooms 5
Total Baths 6
Full Baths 5
Acreage 3.34
Status Off Market
MLS # R11130582
County Monroe
More Info
Category Residential - Single Family
Status Off Market
Acreage 3.34
MLS # R11130582
County Monroe
Introducing Seven Palms Cove, a rare new construction oceanfront community in the Florida Keys that combines luxury living with unmatched investment potential. With only seven residences available—each spanning over 4,000 sq. ft. with 5 bedrooms, 5.5 baths, private infinity pools, rooftop decks, and assigned dockage—this gated enclave offers turn-key short-term rental flexibility. Unlike most communities in the Keys, there are no rental restrictions, making it possible to operate each home as a high-yield Airbnb or combine all seven into a boutique hospitality portfolio complete with shared resort-style amenities: a private boat basin, sport courts, pickleball, hammocks, and paddleboard launches. For the investor, the opportunity doesn't end there. Just across the street lies an additional 8-acre ROGO-exempt parcel, with approximately 5 acres of usable land and three existing income-producing cottages generating projected revenues of $300,000 annually. This parcel provides immediate returns while offering endless expansion optionswhether adding more cottages, building a yoga retreat, event venue, or further short-term rental inventory. With the ability to control all seven luxury homes plus the adjacent parcel, an investor could curate an exclusive, resort-style Airbnb village or private hotel collection in one of the most desirable boating and vacation destinations in the U.S. The combination of brand-new construction, no rental limitations, resort amenities, and future development land presents a one-of-a-kind portfolio play with both short-term income and long-term appreciation upside.
Location not available

Exterior Features

  • Style Other
  • Construction Single Family
  • Siding Block
  • Exterior Balcony, OutdoorLivingArea
  • Roof Metal
  • Garage No
  • Garage Description AttachedCarport, Covered
  • Water Public
  • Sewer PublicSewer
  • Lot Description TwoToThreeAcres

Interior Features

  • Appliances Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Heating Central, NaturalGas, Other
  • Cooling CentralAir, CeilingFans
  • Year Built 2025

Neighborhood & Schools

  • Subdivision SUMMERLAND ESTATES

Financial Information

  • Parcel ID 00200610000000
  • Zoning SR

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.