Interior
- Bedrooms
- 5
- Bathrooms
- 6
- Living area
- 4,103 sq ft
Active · SingleFamilyResidence
$4,595,000
231 E Shore Drive Unit 2, FL 33040
- Beds
- 5
- Baths
- 6
- Living area
- 4,103 sq ft
- $ / sq ft
- $1,120/sq ft
- Year built
- 2025
- Lot size
- 145,700 sq ft
- HOA fee
- $1,391
- Annual tax
- —
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 location
Get Directions231 E Shore Drive Unit 2, FL 33040
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 2025
- Lot size
- 145,700 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,391
- County
- Monroe
- MLS listing ID
- R11113452
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$15,110
- Cap rate
- 1.7%
- Net yield
- 1.7%
- Cash-on-cash return
- -14.1%
- Gross yield
- 5.2%
- Mortgage payment
- $21,783/mo
- Down payment
- $1,148,750
- Loan amount
- $3,446,250
- Annual NOI
- $80,076
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.