70 Bay Drive, Saddlebunch, FL 33040

$2,200,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,450 Lot Size (sq. ft.): 7,385 Status: Closed
Current Price: $2,200,000 List Date: 10/18/2024 Last Modified: 6/04/2025

Description

This is not just a waterfront home, it's an investment opportunity! Boasting over $163,000 in rental history WITH partial owner use, you can capitalize on its potential and share the tropical luxury of this paradise property! This stunning 5-bedroom home offers the perfect blend of luxury, comfort, and fortified functionality. Prominently placed on a spacious 7385 sq ft lot, with 2450 sq ft of meticulously designed indoor-outdoor living space. Inside you're greeted by beautiful hardwood floors throughout the main living area. Impact-rated doors and windows provide not only durability but also peace of mind, ensuring your entire home is well-protected against the elements and artfully silencing the outside world. Telescoping sliding glass doors open completely for elegant indoor/outdoor living. The exterior boasts Hardie Board siding, a testament to the home's quality construction and reinforcement. Two grand balconies spanning the full width of the home offer breathtaking open water views of the Lower Sugarloaf Sound, providing the perfect setting for enjoying unforgettable sunsets. With a private beach, this home offers direct access to kayaking right from your own backyard. The private dock, which has easily hosted a 32 ft boat, opens up endless opportunities for water activities like deep Atlantic fishing and the Gulfside Backcountry at your fingertips. Relax by the in-ground pool, entertain guests at the tiki bar, or simply unwind on the all-weather Trex composite decking on one of two sunset-facing balconies! For ultimate convenience, this home comes with a 4-person elevator ensuring everyone can enjoy all floors without a single step to climb, covered parking, a storage room, and an oversized garage. The gated yard creates privacy and security around a tranquil, mature oasis. Don't miss the chance to own this waterfront haven with its coveted features, unparalleled views, and a lifestyle most can only dream of. Schedule a showing today!

More Information MLS# 611868

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $2,200,000 Listing Date: 2024-10-18 Sold Price: $2,200,000

Location, Tax & Legal

City: Saddle Bunch Mile Marker: 15 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE Alternate Key #: 1206211 Handicap Access: Yes Parcel #: 00160640-000000 Zoning: IS - Improved Subivision District Deed Restrictions: Unknown Legal: BK 5 LT 35 BAY POINT AMENDED PLAT SADDLEBUNCH KEYS PB3-75 OR263-548 OR426-28/29 OR1163-1274 OR1163-1273AFF OR1164-2145D/ Taxes: 11466.98 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 70 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 3 Lot SqFt: 7385 Pool: Yes Lot Sqft Source: Tax Records Total Units: 0 Acres: 0.17 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Single Family Year Built: 1993 Living Apx SqFt: 2450 Total Bedrooms: 5 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: This is not just a waterfront home, it's an investment opportunity! Boasting over $163,000 in rental history WITH partial owner use, you can capitalize on its potential and share the tropical luxury of this paradise property! This stunning 5-bedroom home offers the perfect blend of luxury, comfort, and fortified functionality. Prominently placed on a spacious 7385 sq ft lot, with 2450 sq ft of meticulously designed indoor-outdoor living space. Inside you're greeted by beautiful hardwood floors throughout the main living area. Impact-rated doors and windows provide not only durability but also peace of mind, ensuring your entire home is well-protected against the elements and artfully silencing the outside world. Telescoping sliding glass doors open completely for elegant indoor/outdoor living. The exterior boasts Hardie Board siding, a testament to the home's quality construction and reinforcement. Two grand balconies spanning the full width of the home offer breathtaking open water views of the Lower Sugarloaf Sound, providing the perfect setting for enjoying unforgettable sunsets. With a private beach, this home offers direct access to kayaking right from your own backyard. The private dock, which has easily hosted a 32 ft boat, opens up endless opportunities for water activities like deep Atlantic fishing and the Gulfside Backcountry at your fingertips. Relax by the in-ground pool, entertain guests at the tiki bar, or simply unwind on the all-weather Trex composite decking on one of two sunset-facing balconies! For ultimate convenience, this home comes with a 4-person elevator ensuring everyone can enjoy all floors without a single step to climb, covered parking, a storage room, and an oversized garage. The gated yard creates privacy and security around a tranquil, mature oasis. Don't miss the chance to own this waterfront haven with its coveted features, unparalleled views, and a lifestyle most can only dream of. Schedule a showing today!

Status Change Info

Sold Comments: Congratulations to all!! Sold Date: 2025-06-04 Sold Price: $2,200,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock: Composite

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 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

Bay Front: 1 Gulf Front: 1 Oceanfront: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Ocean View: 1 Open Water View: 1

Floor

Carpet: 1 Tile: 1 Wood: 1

Neighborhood Feature

Bike Paths: 1 Community Boat Ramp: 1 Community Dockage: 1 Tennis Courts: 1

Interior Features

Elevator: 1 Granite Counter Top: 1 Pantry: 1 Pull Down Stairs: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1 Whirlpool Bath Tub: 1 Other: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1 Utility Room: 1

Building Style

Above Flood: Unknown Stilt Column Height: Medium - 5Ft - 9Ft

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Carport: 1 Covered Parking: 1 Garage: 1 Attached: 1 Auto Door Opener: 1 Off Street Parking: 1

Construction

Frame: 1 Hardi Board Siding: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 No Seller Finance: 1 VA: 1

Utilities

Buyer to Verify: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1 Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Lighting: 1 Outdoor Shower: 1 Sandy Beach: 1 Storage: 1

Pool Info

In Ground: 1 Fiberglass: 1

Roof

Metal Roof: 1

Accessibility Feat

Accessible Elevator Installed: 1 Accessible Kitchen: 1 Parking: 1

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Oceanfront; Open Water Waterview: Bay/Gulf View; Ocean View; Open Water View Property Condition: Updated/Remodeled Vehicle Storage: Garage; Carport; Attached; Auto Door Opener; Covered Parking; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify Interior Features: Elevator; Granite Counter Top; Pantry; Pull Down Stairs; Smoke Alarms; Storage; Walk-in Closet(s); Whirlpool Bath Tub; Other Specialty Rooms: Laundry Room; Utility Room Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Fencing; Lighting; Outdoor Shower; Sandy Beach; Storage Accessibility Feat: Accessible Elevator Installed; Accessible Kitchen; Parking Pool Info: In Ground; Fiberglass Construction: Frame; Hardi Board Siding Floor: Carpet; Tile; Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Bike Paths; Community Boat Ramp; Community Dockage; Tennis Courts Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; No Seller Finance; VA Title: Title Ins - Buyer
Listing Office: Keller Williams Key West Compass Realty
Last Updated: June - 04 - 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.