Listing Board: Key West Association

Current Price: $1,849,999

Listing Date: 2025-09-19

List Price: $1,849,999

City: Saddle Bunch

Mile Marker: 15

Marathon Neighborhood: N/A

Side: Ocean

Flood Zone: AE,VE

Alternate Key #: 1206253

Parcel #: 00160680-000000

Zoning: IS - Improved Subivision District

Deed Restrictions: Unknown

Legal: BK 5 LT 39 BAY POINT AMENDED PLAT SADDLEBUNCH KEYS PB3-75 OR272-110 OR618-113 OR777-965 OR433-265/66 OR842-1668 OR928-2

Taxes: 9659.45

Tax Year: 2024

Pub Sewer HkUp: Yes

Street #: 78

Street Name: Bay

Street Suffix: Drive

Key/Island: Saddlebunch

State/Province: FL

Zip Code: 33040

County: Monroe

Subdivision: Bay Point Amd & 1st (15.0)

Area: 06 - Bay Point to Sugarloaf

Realtor.COM Type: Residential - Single Family

Waterfront: Yes

Control Depth: 3

Lot SqFt: 11320

Pool: Yes

Acres: 0.24

SqFt Source: Property Data Card

Rentals Allowed: Yes

Style: Single Family

Year Built: 1963

Living Apx SqFt: 2454

Total Bedrooms: 4

Full Baths: 4

Total Baths: 4

Remarks – Consumer: 78 Bay Drive offers a rare opportunity to own a turnkey Keys retreat that seamlessly blends peaceful oceanfront living with built-in income potential. The main-upper residence features two bedrooms and two bathrooms, with both the primary suite and main living area capturing sweeping, unobstructed ocean views. Expansive sightlines and direct access to multiple decks and inviting outdoor living spaces create a seamless indoor-outdoor experience, immersing you in the natural beauty and tranquility of the surrounding water. A standout feature of the property is the separate lower-level livingspace, complete with its own private entrance, newly installed kitchen, ocean views, and ample parking. Perfectly suited for hosting guests or generating income, this space presents an exceptional opportunity to offset the cost of ownership while maintaining privacy in the main residence above. Offering remarkable flexibility, the property can be enjoyed as a single-family home with generous total square footage, or configured as two distinct living spaces, allowing a new owner to tailor its use to their lifestyle or investment goals. The home has been extensively upgraded, including a new pool and spa, expanded decks and stairs, a brick driveway, hurricane impact windows and sliding doors, a 200-amp electrical service upgrade, and mini split AC systems for efficient, individualized climate control. Blending modern upgrades with versatile living and a breathtaking waterfront setting, 78 Bay Drive is a distinctive Lower Keys offering -- equally compelling as a private coastal sanctuary, an income-producing property, or a combination of both.

Mandatory Home Owners Asc: No

1st Right of Refusal: No

Association Fee $: 0

Non Trans Rntl Lic: 1

None: 1

Dock: Wood

None: 1

Gas Appliances: 1

Oven: 1

Range: 1

Refrigerator: 1

Stainless Steel Appliance(s): 1

Washer: 1

Wine Cooler: 1

Pets Allowed: 1

Ductless: 1

Wall/Window Unit(s): 1

None: 1

Oceanfront: 1

Ocean View: 1

Laminate: 1

Tile: 1

Wood: 1

Laundry Room: 1

Sun/Florida Room: 1

Above Flood: Unknown

Stories: 2 Stories

Impact Rstnce Window: 1

Other Windows/Doors: 1

Covered Parking: 1

Guest Parking: 1

CBS: 1

1/4 - 1/2 Acre: 1

Furnished: 1

FKAA: 1

Municipal Sewer: 1

Deck: 1

Open Porch/Balcony: 1

In Ground: 1

Metal Roof: 1

Panel: 1

Contingent: Contingent/Show

Status: Contingent/Show