305-609-4190
231 E Shore Drive Unit 6, Key West FL 33040
Active Single Family Residence Waterfront

231 E Shore Drive Unit 6, Key West FL 33040

Key West, FL, 33040

$4,375,000

Est. $22,122/mo (20% down)

5
Beds
5.5
Baths
4,103
Sq Ft
2025
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (25 photos)

About This Property

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.

Property Details

MLS #

R11113482

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2025

Days on Market

433

Stories

2

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$1,066

HOA Fee

$1,391/mo

Est. Insurance

$1,458/mo

Tax Year

2024

Tax Amount

$19,902

Garage

—

Lot Size

—

MLS Area

Summerland Estates

Subdivision

SUMMERLAND ESTATES,The Seven Palms - A

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$30,625
Est. Monthly Rent
0.3%
Cap Rate
1.3%
Cash-on-Cash
$11,343
Net Operating Income

ROI Projections (4% Annual Appreciation)

115%
5-Year ROI
Value: $5,322,856
253%
10-Year ROI
Value: $6,476,069
420%
15-Year ROI
Value: $7,879,128

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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