78 Bay Drive, Saddlebunch, FL 33040 (MLS# 616566)

78 Bay Drive, Saddlebunch, FL 33040

$1,999,999

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,454 Lot Size (sq. ft.): 11,320 Status: Active

Current Price: $1,999,999 List Date: 9/20/2025 Last Modified: 12/15/2025

Description

Set on a quater-acre lot in Bay Point, a quiet residential enclave celebrated for its natural surroundings, water views, and relaxed tropical lifestyle, this waterfront estate embodies the very best of Keys living. Residents enjoy the serenity of a low-density neighborhood framed by mangroves and open water, while remaining just minutes from the world-class dining, shopping, and entertainment of Key West. The property itself showcases unobstructed, west-facing views over the Atlantic Ocean, ensuring every evening is framed by spectacular sunsets. The main residence features two bedrooms and two bathrooms, while the newly remodeled lower guest quarters provide an additional two bedrooms and two bathrooms — perfect for hosting family or guests in refined comfort. Nearly all doors and windows have been upgraded to impact-rated glass, with the remainder protected by shutters. Outdoor living is elevated with a resort-style pool, spa, expansive pool deck, and a brick driveway — all newly installed in 2021. Designed with both relaxation and entertaining in mind, the home offers sun-soaked days by the pool, sunset gatherings on the deck, and tranquil evenings under the starlit Keys sky. With its blend of modern upgrades, guest accommodations, and an unparalleled location, 78 Bay Drive is not just a home — it is a Keys sanctuary crafted for luxurious coastal living.

More Information MLS# 616566

Contract Information

Listing Board: Key West Association Current Price: $1,999,999 Listing Date: 2025-09-19 List Price: $1,999,999

Location, Tax & Legal

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

General Property Description

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 & Misc

Remarks – Consumer: Set on a quater-acre lot in Bay Point, a quiet residential enclave celebrated for its natural surroundings, water views, and relaxed tropical lifestyle, this waterfront estate embodies the very best of Keys living. Residents enjoy the serenity of a low-density neighborhood framed by mangroves and open water, while remaining just minutes from the world-class dining, shopping, and entertainment of Key West. The property itself showcases unobstructed, west-facing views over the Atlantic Ocean, ensuring every evening is framed by spectacular sunsets. The main residence features two bedrooms and two bathrooms, while the newly remodeled lower guest quarters provide an additional two bedrooms and two bathrooms — perfect for hosting family or guests in refined comfort. Nearly all doors and windows have been upgraded to impact-rated glass, with the remainder protected by shutters. Outdoor living is elevated with a resort-style pool, spa, expansive pool deck, and a brick driveway — all newly installed in 2021. Designed with both relaxation and entertaining in mind, the home offers sun-soaked days by the pool, sunset gatherings on the deck, and tranquil evenings under the starlit Keys sky. With its blend of modern upgrades, guest accommodations, and an unparalleled location, 78 Bay Drive is not just a home — it is a Keys sanctuary crafted for luxurious coastal living.

Association Info

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

License Info

Non Trans Rntl Lic: 1

Fee Includes

None: 1

Dockage

Dock: Wood

Tax Exemptions

None: 1

Appliances

Gas Appliances: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Ductless: 1 Wall/Window Unit(s): 1

Heating

None: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1

Floor

Laminate: 1 Tile: 1 Wood: 1

Specialty Rooms

Laundry Room: 1 Sun/Florida Room: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Windows/Doors

Impact Rstnce Window: 1 Other Windows/Doors: 1

Vehicle Storage

Covered Parking: 1 Guest Parking: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Furnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Pool Info

In Ground: 1

Roof

Metal Roof: 1

Shutters

Panel: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: Oceanfront Waterview: Ocean View Vehicle Storage: Covered Parking; Guest Parking Furnished: Furnished Cooling: Ductless; Wall/Window Unit(s) Heating: None Utilities: FKAA; Municipal Sewer Specialty Rooms: Laundry Room; Sun/Florida Room Appliances: Gas Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Pool Info: In Ground Construction: CBS Shutters: Panel Floor: Laminate; Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre

Listing Office: Coastal Collection Real Estate Inc.

Last Updated: December - 15 - 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.