1082 Bay Drive, Summerland Key, FL 33042

$1,900,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,440 Lot Size (sq. ft.): 7,900 Status: Active
Current Price: $1,900,000 List Date: 10/20/2025 Last Modified: 12/16/2025

Description

Rare Yacht-Ready Waterfront? It doesn't get better than this in the Lower Florida Keys! Embraced by the emerald waters of the American Caribbean, pristine, wide and flow-through canals, and nearly 200 feet of concrete seawall sits this extraordinary opportunity to own prime waterfront. A prized combination coveted by the most discerning boating enthusiasts. Sitting on an oversized 7,900 sq. ft. lot, the home features 4 bedrooms and 2.5 baths, with decks on every side capturing breezes and Atlantic glimpses from above. The outdoor space is all about lifestyle — a sparkling pool with new equipment, multiple new tiki huts, brand-new fillet table, and 17,000 lb. boat lift with new motors alongside 7,500 lb. davits. Whether you're rinsing off the day's catch or gathering with friends, it's built for Keys living at its best. The refreshed interior provides modern bathroom finishes, impact-rated windows and doors, Hardie board siding, all under a metal roof — solid, stylish, and ready for the elements. Recent structural upgrades add peace of mind, while the open layout keeps the vibe easy and coastal. It's the kind of place where mornings start with coffee by the water, and evenings end with the glow of sunset off the decks. Private, solid, and made for the salt life — where the only traffic are boats and sea life - a move-in-ready retreat today, and the foundation for an exceptional waterfront estate tomorrow.

More Information MLS# 616960

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Bank Owned: No Species List: Yes Current Price: $1,900,000 Listing Date: 2025-10-20 List Price: $1,900,000

Location, Tax & Legal

City: Summerland Off Shore Island: No Mile Marker: 25.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1261637 Parcel #: 00198932-007300 Zoning: IS - Improved Subivision District Deed Restrictions: Unknown Legal: BK 3 LT 30 SUMMERLAND COVE ISLES BLOCK NO 2&3 SUMMERLANDKEY PB6-67 OR801-2268 OR909-1102 OR976-288 OR1264-1404 OR1386-22 Taxes: 10788.64 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 1082 Street Name: Bay Street Suffix: Drive Key/Island: Summerland Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Summerland Cove Isle (25.5) Area: 08 - Summerland Key

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 4 Lot SqFt: 7900 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.18 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 1980 Living Apx SqFt: 1440 Total Bedrooms: 4 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Rare Yacht-Ready Waterfront? It doesn't get better than this in the Lower Florida Keys! Embraced by the emerald waters of the American Caribbean, pristine, wide and flow-through canals, and nearly 200 feet of concrete seawall sits this extraordinary opportunity to own prime waterfront. A prized combination coveted by the most discerning boating enthusiasts. Sitting on an oversized 7,900 sq. ft. lot, the home features 4 bedrooms and 2.5 baths, with decks on every side capturing breezes and Atlantic glimpses from above. The outdoor space is all about lifestyle — a sparkling pool with new equipment, multiple new tiki huts, brand-new fillet table, and 17,000 lb. boat lift with new motors alongside 7,500 lb. davits. Whether you're rinsing off the day's catch or gathering with friends, it's built for Keys living at its best. The refreshed interior provides modern bathroom finishes, impact-rated windows and doors, Hardie board siding, all under a metal roof — solid, stylish, and ready for the elements. Recent structural upgrades add peace of mind, while the open layout keeps the vibe easy and coastal. It's the kind of place where mornings start with coffee by the water, and evenings end with the glow of sunset off the decks. Private, solid, and made for the salt life — where the only traffic are boats and sea life - a move-in-ready retreat today, and the foundation for an exceptional waterfront estate tomorrow.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Condo Doc's: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 180 Dock: Concrete Boat Lift: 1 Davits: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1 Oceanfront: 1 Open Water: 1

Waterview

Canal View: 1 Ocean View: 1 Open Water View: 1

Floor

Tile: 1 Wood: 1

Neighborhood Feature

Airstrip: 1 Bike Paths: 1

Interior Features

Built-in Cabinets: 1 Granite Counter Top: 1 Storage: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown

Windows/Doors

French Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Other Windows/Doors: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Guest Parking: 1 Open Parking: 1

Construction

Frame: 1 Hardi Board Siding: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1 Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Outdoor Shower: 1 Storage: 1

Pool Info

In Ground: 1 Heated: Yes

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Standard Sale: Yes

Shutters

Bahama: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front; Oceanfront; Open Water Waterview: Canal View; Ocean View; Open Water View Dockage: Boat Lift; Davits Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking; Guest Parking; Open Parking Furnished: Furnished; Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Granite Counter Top; Storage Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Outdoor Shower; Storage Pool Info: In Ground Construction: Frame; Hardi Board Siding Shutters: Bahama Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Bike Paths Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: December - 16 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.