Building Details

Year Built 2025

Buildings 7

Stories 2

Units 7

Construction contemporary coastal architecture

Listing Agency: SERHANT. Commercial

Listed By: Christopher Haas · License #FL SL3592965

Source: Crexi

Added: Oct 13, 2025 Changed: Aug 22 Last Checked: Sep 4 at 6:34AM

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Investment Insights

Based on property information with market context.

Seven Palms Cove is an oceanfront investment portfolio in Summerland Key, Florida Keys, comprising seven newly constructed residences within a gated community. Each residence is designed with 5 bedrooms, 5.5 baths, a rooftop deck, and a private infinity pool. Homes also include assigned dockage with direct ocean access, with dock sizes available up to 40 ft on a first-come, first-served basis. The community is offered sold together, separately, or in portions.

Shared resort-style amenities include a private boat basin, pickleball and sport courts, a paddleboard launch, and hammock lounge zones.

The portfolio is presented with no rental restrictions, allowing owners to operate as short-term rentals or other hospitality uses. Dockage is allocated for each home, and the property can be acquired as one unit, several units, or all seven residences for scaled ownership.

Key Highlights

• Seven newly constructed oceanfront residences on the Atlantic in Summerland Key within a gated enclave
• Each residence offers 5 bedrooms, 5.5 baths, and over 4,000 SF, plus a private infinity pool and rooftop deck
• Assigned dockage with direct ocean access for every home; dockage is first come, first served for boats up to 40 ft

Property Analytics

Property Profile

Current Use

Resorts

Suggested Use

Top Pick Auto Repair Shop HVAC Service Electrical Service Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7

Residential units

Location Intelligence

Trade Area within ½ mile

136

Businesses Nearby

Explore this area Business Placement

Demographics for 33042, FL

6,841

Population

4,835

Households

1.4

Avg Household Size

54

Median Age

45%

College-Educated

98%

High-School Grad

27.6 sq mi

ZIP Area

248

Density / Sq Mi

$101,625

Median Household Income

$49,747

Median Earnings

$2,252

Median Rent

$759,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this resorts located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Resort - Seven newly constructed residences offer private infinity pools and assigned dockage with direct ocean access in a gated enclave.

Where is this resort located?

The property is located at 231 E Shore Dr Summerland Key, FL.

What are key features of this property?

This property features: Seven newly constructed oceanfront residences on the Atlantic in Summerland Key within a gated enclave; Each residence offers 5 bedrooms, 5.5 baths, and over 4,000 SF, plus a private infinity pool and rooftop deck; Assigned dockage with direct ocean access for every home; dockage is first come, first served for boats up to 40 ft