$4,400,000
Summerland Key, FL 33042
MLS# 616705
5 beds | 6 baths | 3119 sqft
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Property Description
Introducing Seven Palms Cove, a one-of-a-kind new construction community redefining luxury island living in the Florida Keys. With only seven exclusive oceanfront residences starting at $4M, this private, gated enclave offers an extraordinary opportunity to own a slice of paradise just minutes from Key West. Each home spans over 4,000 sq. ft. with 5 bedrooms, 5.5 bathrooms, and open-concept layouts with 10' ceilings, impact glass, and abundant natural light. The chef's kitchen includes premium appliances, quartz countertops, pantry, and large island ideal for entertaining. Multiple verandas, balconies, and a rooftop observation deck deliver 360-degree sunrise and sunset views. Outdoors, enjoy your own sparkling infinity pool, expansive pool deck, and seamless flow to the water. Every residence conveys with an assigned dock space in a private boat basin featuring new composite docks with electric, water, and a fillet station—perfect for boating enthusiasts. Homes are equipped with Tesla Solar, an elevator, and generous storage. Resort-style amenities include a sport court for tennis, pickleball, and basketball, along with oceanfront lounge areas, hammocks, and opportunities for paddleboarding and kayaking. Just one block from a private airport, accessibility is unmatched. For investors, Seven Palms Cove is an exceptional opportunity: there are no rental restrictions, and nearby comparable properties generate over $300,000 annually. Whether as a forever home, luxury vacation retreat, or high-performing investment, Seven Palms Cove offers the perfect blend of exclusivity, comfort, and opportunity in the Florida Keys.
Details
Maps
Contract Information
Current Price: $4,400,000
Listing Date: 2025-10-03
Listing Board: Florida Keys
Monthly Rent: $4,400,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 231
Direction: E
Street Name: Shore Drive
Key/Island: Summerland Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Summerland Estates (25.0)
Area: 08 - Summerland Key
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 2025
Lot Size: 145,700
Lot SqFt: 20814
Lot Sqft Source: Builder/Architect
Living Apx SqFt: 3119
SqFt Source: Builder/Architect
Total Bedrooms: 5
Full Baths: 5
Half Baths: 1
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1391
Building Style
Above Flood: Yes
# Stories: 2 Stories
Status Change Info
Status: Active
Property Features
Fee Includes: Cable; Common Area Mnt; Security; Other
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Assigned Dock; Basin
Property Condition: New Construction
Vehicle Storage: Carport
Furnished: Unfurnished
Cooling: Central Air
Utilities: Buyer to Verify; FKAA; Municipal Sewer; Other - See Remarks
Interior Features: Built-in Cabinets; Elevator; Entrance Foyer; Quartz Countertops; Storage; Walk-in Closet(s)
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing; Lanai; Lighting; Storage
Pool Info: In Ground; Salt Water
Construction: CBS
Floor: Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Community Boat Ramp; Community Dockage; Tennis Courts
Security: Electric Gate
Land Size: 2 Less Than 5 Acres
Terms: Cash; Conventional
Title: Title Ins - Seller
GF-Interior Features: Tankless Hot Wtr Htr
Room Information
| Room Name | Length | Level | Width |
| Living Room | 19.00 | Main | 19.00 |
| Kitchen | 15.00 | Main | 14.00 |
| Bedroom 1 | 16.00 | Second | 16.00 |
Listing Office: Serhant Florida LLC - Delray Beach Office
Last Updated: September - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.