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$1,899,999
78 Bay Drive
Saddlebunch, FL 33040
MLS# 616566
4 beds  |  4 baths  |  2454 sqft


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Open House (03/14/2026 - 9:30 am - 12:00 pm)

Property 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.

Details
Maps
Contract Information
Listing Board: Key West Association
Current Price: $1,899,999
Listing Date: 2025-09-19
List Price: $1,899,999
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: March - 14 - 2026

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.