$4,345,800
- 5 Beds
- 5.5 Baths
- 4,103 sqft (on 3.34 acres)
231 E Shore Drive Unit 5, Key West, FL 33040
Est. Refi. Payment $26,012/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 10, 2026 for $4,330,000 (1% below list price)
Home Value
Trulia Estimate
$4.35MSince last month
Increased$15K (+0.4%)Since last year
Increased$448K (+11.5%)Since last sale
Increased$22K (+0.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +11% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $4.35M |
| August 2026 | $4.35M |
| July 2026 | $4.34M |
| June 2026 | $4.16M |
| May 2026 | $4.14M |
| April 2026 | $4.15M |
| March 2026 | $4.13M |
| February 2026 | $4.12M |
| January 2026 | $4.13M |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Single-Family Home | $4,275,000 | 03/04/26 | 5 | 5.5 | 4,103 | |
0.24 | Single-Family Home | $4,325,000 | 05/27/26 | 5 | 5.5 | 4,103 | |
0.16 | Single-Family Home | $4,330,000 | 07/15/26 | 5 | 5.5 | 3,119 | |
0.16 | Single-Family Home | $4,325,000 | 05/28/26 | 5 | 5.5 | 3,119 | |
0.16 | Single-Family Home | $4,275,000 | 03/04/26 | 5 | 5.5 | 3,119 | |
0.38 | Single-Family Home | $3,300,000 | 12/01/25 | 7 | 5 | 4,531 | |
0.68 | Single-Family Home | $5,003,500 | 01/05/26 | 5 | 5 | 3,952 | |
0.57 | Single-Family Home | $5,000,000 | 09/01/26 | 4 | 3.5 | 3,208 | |
0.34 | Single-Family Home | $2,495,000 | 03/02/26 | 4 | 3.5 | 2,416 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $4,375,000 | 5 | 5.5 | 4,103 | For Sale | |
0.00 | $4,275,000 | 5 | 5.5 | 4,103 | Recently Sold | |
0.05 | $3,008,200 | 4 | 3 | 2,416 | Off Market | |
0.07 | $3,552,300 | 4 | 3 | 2,715 | Off Market | |
0.10 | $3,100,000 | 2 | 3 | 1,819 | For Sale | |
0.15 | $659,900 | 2 | 2 | 1,392 | Off Market | |
0.14 | - | - | - | - | Off Market | |
0.15 | $3,500,000 | 3 | 3 | 2,535 | For Sale | |
0.14 | - | - | - | - | Off Market | |
0.18 | - | - | - | - | Off Market | |
0.17 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2025
3.34 acre lot
4,103 sqft
$1,055/sqft
2 Carport Spaces
HOA $1,391/mo
About this House
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.
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.
231 E Shore Drive Unit 5, Key West, FL 33040 is a 5 bedroom, 6 bathroom, 4,103 sqft single-family home built in 2025. It last sold for $4,330,000 on Jul 10, 2026 (1% below the $4,375,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,345,800.
Last check for updates: about 16 hours ago
Listed by Stephanie Marinucci, (551) 427-9492
Serhant
Charles Christian Prakas, (561) 929-7999
Serhant
Bought with: Hope Firestone, (516) 982-2207, Serhant
Co-Buyer's Agent: Stephanie Marinucci, (551) 427-9492, Serhant
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#R11113480

Home Details for 231 E Shore Drive Unit 5
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Interior Details Number of Rooms: 4Types of Rooms: Master Bedroom, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 4103 Square Feet |
Appliances & Utilities Utilities: Sewer Available, Water AvailableAppliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, WasherDishwasherDisposalDryerLaundry: Inside,Laundry ClosetMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,Natural Gas,OtherHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa Spa: Heated, In GroundHas a Spa |
Windows, Doors, Floors & Walls Flooring: Other, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoElevatorFloors: Other, Wood |
View Has a ViewView: Ocean |
Security Security: Gated Community, Smoke Detector(s) |
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Exterior Home Features Roof: MetalPatio / Porch: Deck, Open, Porch, BalconyExterior: Balcony, Outdoor Living AreaHas a Private Pool |
Parking & Garage Number of Carport Spaces: 2Number of Covered Spaces: 2Other Parking: CarportSpaces:2.00Has a CarportNo GarageParking Spaces: 2Parking: Attached Carport,Covered |
Pool Pool: In GroundPool |
Frontage WaterfrontWaterfront: Ocean AccessOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 295 |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other |
Building Construction Materials: BlockIs a New Construction |
Property Information Condition: New ConstructionParcel Number: 00200610000000 |
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Price List Price: $4,375,000Price Per Sqft: $1,055/sqft |
Status Change & Dates Off Market Date: Thu May 28 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Key WestCommunity: SUMMERLAND ESTATES |
School Information Elementary School: SugarloafJr High / Middle School: SugarloafHigh School: Key West |
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Building Area Building Area: 6514 Square Feet |
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Community Features: Home Owners Association, Boat Facilities, Gated, Street LightsNot Senior CommunityUnits in Building: 7 |
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Association for this Listing: BeachesMLSHas an HOAHOA Fee: $1,391/Monthly |
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Lot Area: 3.3448 Acres |
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Contingencies: NoneListing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: R11113480Living Area Range Units: Square FeetWater ViewWater View: OceanAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12087-N-00200610000000-R-N |
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HOA Amenities: Bike Storage,Boating,Elevator(s),PickleballDays On Market Replication: 295 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 10, 2026 Source: BeachesMLS #R11113480 | Sold | $4,330,000 |
May 28, 2026 Source: BeachesMLS #R11113480 | Pending | $4,375,000 |
Jan 27, 2026 Source: BeachesMLS #RX-11113480 | PriceChange | $4,375,000 Price increased by 6% |
Aug 6, 2025 Source: BeachesMLS #RX-11113480 | Listed For Sale | $4,125,000 |
Market trends in Summerland Key
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
104
3MoM
Around this home
What Locals Say about Summerland Key
At least 14 Trulia users voted on each feature.
82 % Say it's dog friendly
82 % Say yards are well-kept
79 % Say people would walk alone at night
78 % Say car is needed
76 % Say parking is easy
71 % Say it's quiet
70 % Say there's holiday spirit
59 % Say neighbors are friendly
58 % Say they plan to stay for at least 5 years
58 % Say it's walkable to restaurants
47 % Say there are community events
44 % Say there's wildlife
29 % Say kids play outside
15 % Say it's walkable to grocery stores
14 % Say streets are well-lit
11 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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.
Frequently asked questions about 231 E Shore Drive Unit 5
- What is 231 E Shore Drive Unit 5 estimated to be worth?Trulia's estimated value for 231 E Shore Drive Unit 5 in Key West, FL is $4,345,800.
- What is the price history for 231 E Shore Drive Unit 5?231 E Shore Drive Unit 5 in Key West, FL last sold for $4,330,000 in July 2026.
- Is Key West a buyer's or seller's market?Key West is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Key West?Residents describe Key West, FL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Key West, FL.
- Does 231 E Shore Drive Unit 5 have air conditioning?Yes, 231 E Shore Drive Unit 5 in Key West, FL has air conditioning.
- Does 231 E Shore Drive Unit 5 have a pool?Yes, 231 E Shore Drive Unit 5 in Key West, FL has a pool.

