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$1,595,000
887 Bay Drive
Summerland Key, FL 33042
MLS# 618272
3 beds  |  3 baths  |  2022 sqft


Waterfront view
  1 / 23  
Waterfront view Wide canal for larger boats Large sunroom w/ AC Tile floors throughout Porch faces SE for afternoon shade 34’ x 25’ Sunroom Full retracting sliding glass doors Spacious living area Coastal charm Ceiling fans in ever Conversation bar Quality cabinets Granite countrrs Large Master Befroom Master Bedroom Master faces west Master bath with tiled shower Master Bath soaking tub Main Guest room Guest Bedroom 3rd Bedroom or Office Guest Bath Brand new Jot Water heater

Property Description
This 3-bedroom, 3-bath concrete fortress on a deep water canal (5' draft) is located in the highly sought-after Summerland Cove with quick access to both the Gulf and Atlantic—just a 15-minute boat ride to open ocean—this home is a true boater's paradise. Additionally, enjoy Airstrip rights as part of the Summerland Airport community. Set on a generous 75' x 100' corner lot, the property offers exceptional dockage, thoughtful upgrades, and wonderful potential to further customize your Keys dream home. Designed for the boating lifestyle, featuring: • A 50' wide deep-water canal allows for larger boats • 15,000 lb boat lift, two-8,000 lb davits, and 75 ft seawall with swim ladder • A concrete boat launch that has been decked for easy access. • Parking for 5 vehicles with a three-bay carport + Garage / Workshop space with full bath and 11' ceiling height • RV Parking with 45' concrete runners • A 75' x 100' corner lot with plenty of room for a pool Pull in the garage, protected from the rain and bring your groceries up the inside stairwell. Inside, you'll find a welcoming blend of coastal charm and modern updates: • Renovated kitchen with stainless steel appliances and built in double drawer freezer • Air-conditioned screened porch with sunrise views • Built-in propane pizza oven with vent — perfect for entertaining • New water heater (2025), new epoxy walkway flooring (2025), and unique aluminum railings (2025) • Recent exterior paint, metal roof (2018), hurricane shutters, and hurricane-impact windows to be installed prior to closing • Airport community As a final bonus, a Key West 244 Bluewater center console with 250 Suzuki is available for separate purchase — making it even easier to step straight into the Keys boating lifestyle. This is a rare opportunity to own a beautiful home in one of the Lower Keys' most desirable neighborhood. Seller is Licensed Florida Realtor and listing agent

Details
Maps
Documents
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: No
Current Price: $1,595,000
Listing Date: 2026-01-22
List Price: $1,595,000
Location, Tax & Legal
City: Summerland
Off Shore Island: No
Mile Marker: 25.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1261343
Handicap Access: No
Parcel #: 00198932-004400
Zoning: IS - Improved Subivision District
Deed Restrictions: No
Legal: BK 3 LT 1 SUMMERLAND COVE ISLES PB6-67 OR594-157 OR808-665 OR1029-436/441WILL OR1394-395 OR1465-1859/72FJ OR1479-1583/84
Taxes: 6309.43
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 887
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: 5
Lot Size: 70' x 100'
Lot SqFt: 7439
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.17
SqFt Source: Seller
Rentals Allowed: With Restrictions
Min Rental Days: 28
Style: Single Family
Year Built: 1974
Living Apx SqFt: 2022
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: This 3-bedroom, 3-bath concrete fortress on a deep water canal (5' draft) is located in the highly sought-after Summerland Cove with quick access to both the Gulf and Atlantic—just a 15-minute boat ride to open ocean—this home is a true boater's paradise. Additionally, enjoy Airstrip rights as part of the Summerland Airport community. Set on a generous 75' x 100' corner lot, the property offers exceptional dockage, thoughtful upgrades, and wonderful potential to further customize your Keys dream home. Designed for the boating lifestyle, featuring: • A 50' wide deep-water canal allows for larger boats • 15,000 lb boat lift, two-8,000 lb davits, and 75 ft seawall with swim ladder • A concrete boat launch that has been decked for easy access. • Parking for 5 vehicles with a three-bay carport + Garage / Workshop space with full bath and 11' ceiling height • RV Parking with 45' concrete runners • A 75' x 100' corner lot with plenty of room for a pool Pull in the garage, protected from the rain and bring your groceries up the inside stairwell. Inside, you'll find a welcoming blend of coastal charm and modern updates: • Renovated kitchen with stainless steel appliances and built in double drawer freezer • Air-conditioned screened porch with sunrise views • Built-in propane pizza oven with vent — perfect for entertaining • New water heater (2025), new epoxy walkway flooring (2025), and unique aluminum railings (2025) • Recent exterior paint, metal roof (2018), hurricane shutters, and hurricane-impact windows to be installed prior to closing • Airport community As a final bonus, a Key West 244 Bluewater center console with 250 Suzuki is available for separate purchase — making it even easier to step straight into the Keys boating lifestyle. This is a rare opportunity to own a beautiful home in one of the Lower Keys' most desirable neighborhood. Seller is Licensed Florida Realtor and listing agent
Directions: US1 to Caribbean Drive, Left on Caribbean Drive E. Turn Right onto Isles Blvd. House is on the corner of Isles Blvd and Bay Drive
Association Info
Mandatory Home Owners Asc: Yes
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 70
Boat Lift: 1
Boat Ramp: 1
Davit Pads: 1
Davits: 1
Seawall: Concrete
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Other: 2 drawer freezer
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heat Pump: 1
Heating
Ceiling: 1
Central: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Floor
Tile: 1
Neighborhood Feature
Airstrip: 1
Fire Hydrant: 1
Interior Features
Bar: 1
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Quartz Countertops: 1
Smoke Alarms: 1
Whirlpool Bath Tub: 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 4+
Carport: 1
Covered Parking: 1
Garage: 1
Guest Parking: 1
RV Parking Open: 1
Attached: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
VA: 1
Utilities
Cable Available: 1
Elect Separate Meter: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Screened P/B: 1
Screened Patio: 1
Title
Negotiable: 1
Exterior Features
Bar: 1
Built-in Grill: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Shutters
Panel: 1
GF-Interior Features
Programmable Thermst: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Lift; Boat Ramp; Davit Pads; Davits
Property Condition: Updated/Remodeled
Vehicle Storage: Garage; Carport; Attached; Covered Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Heating: Ceiling; Central
Utilities: Cable Available; Elect Separate Meter; Municipal Sewer; Water Separate Meter
Interior Features: Bar; Built-in Cabinets; Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Whirlpool Bath Tub
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Bar; Built-in Grill
Construction: CBS
Shutters: Panel
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Fire Hydrant
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; VA
Title: Negotiable
GF-Interior Features: Programmable Thermst
Room Information
Room Name Level
Bedroom 1Main
Bedroom 2Main
Bedroom 3Main
Full BathroomMain
Full BathroomMain

Listing Office: Realty Executives Florida Keys Summerland Branch

Last Updated: January - 23 - 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.