78 Bay Dr

Key West, FL 33040

$1,725,000
Last Sold Price
4
Beds
2,454 Sq. Ft.
$703 / Sq. Ft.
2,454
Sq. Ft.
$703
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/1/26
Closed 5/1/26
NDP_6147
NDP_6092
NDP_6086
a view of a swimming pool with lawn chairs under an umbrella
NDP_6095
NDP_6101
a view of three palm trees
IMG_7894
a view of a backyard with a garden
NDP_9742
IMG_4607
IMG_4608
NDP_9452-Edit
NDP_9468
NDP_9465
a kitchen with a sink appliances and cabinets
NDP_9509-Edit
NDP_9514
NDP_9518
NDP_9481-Edit
NDP_9493-Edit
NDP_9685-Edit
NDP_9705-Edit
a living room with furniture and a flat screen tv
NDP_9728
NDP_9735
NDP_9736
NDP_9538-Edit
NDP_9537-Edit
a bedroom with a bed and glass windows
NDP_9525
NDP_9529
a bed room with furniture and a fireplace
NDP_9596
NDP_9576
a bedroom with a bed closet and flat tv screen
NDP_9556-Edit
a view of a deck with furniture and a backyard
a view of balcony with furniture and palm trees
NDP_9607
NDP_9608
a view of outdoor space with seating area
NDP_9617
NDP_9630
NDP_9634
NDP_9641-Pano
NDP_9642
a view of a swimming pool with a patio
NDP_9647
NDP_9650
NDP_9654
a view of a backyard of a house
a view of a backyard
NDP_9663
NDP_9664
NDP_9665
NDP_9670
NDP_9672
a view of swimming pool with lounge chair
NDP_9676
NDP_9678
NDP_9680
NDP_9722
NDP_9724
NDP_9726
NDP_9732
NDP_9878
a view of a couches in the patio
a living room with furniture and a large window
NDP_9777-Edit
NDP_9767
NDP_9788
NDP_9799-Edit
NDP_9808-Edit
NDP_9811
NDP_9813
NDP_9815
NDP_9820
NDP_9824
NDP_9828
NDP_9837-Edit
a bedroom with a bed and a chandelier
NDP_9852-Edit
NDP_9859
NDP_9862
NDP_9864
NDP_9868
NDP_9871
NDP_9875
DJI_20250903122243_0066_D_NDP
NDP_9745
NDP_9763
NDP_9751
NDP_9754
a view of a house with a yard
NDP_9761
NDP_9759
DJI_20250903122333_0074_D_NDP
DJI_20250903122356_0078_D_NDP
DJI_20250903122419_0080_D_NDP
DJI_20250903122441_0082_D_NDP
DJI_20250903122518_0085_D_NDP
a view of a lake with a city
a view of a backyard with plants and lake
a view of a house with pool and sitting area
a view of outdoor space with swimming pool
DJI_20250903122559_0092_D_NDP
DJI_20250903122621_0095_D_NDP
DJI_20250903122628_0096_D_NDP
DJI_20250903122633_0097_D_NDP
DJI_20250903122640_0098_D_NDP
a view of a lake with a big yard
DJI_20250903122731_0107_D_NDP

Description

78 Bay Drive offers a rare opportunity to own a turnkey Keys retreat that seamlessly blends peaceful oceanfront living with built-in income potential. The main-upper residence features two bedrooms and two bathrooms, with both the primary suite and main living area capturing sweeping, unobstructed ocean views. Expansive sightlines and direct access to multiple decks and inviting outdoor living spaces create a seamless indoor-outdoor experience, immersing you in the natural beauty and tranquility...78 Bay Drive offers a rare opportunity to own a turnkey Keys retreat that seamlessly blends peaceful oceanfront living with built-in income potential. The main-upper residence features two bedrooms and two bathrooms, with both the primary suite and main living area capturing sweeping, unobstructed ocean views. Expansive sightlines and direct access to multiple decks and inviting outdoor living spaces create a seamless indoor-outdoor experience, immersing you in the natural beauty and tranquility of the surrounding water. A standout feature of the property is the separate lower-level livingspace, complete with its own private entrance, newly installed kitchen, ocean views, and ample parking. Perfectly suited for hosting guests or generating income, this space presents an exceptional opportunity to offset the cost of ownership while maintaining privacy in the main residence above. Offering remarkable flexibility, the property can be enjoyed as a single-family home with generous total square footage, or configured as two distinct living spaces, allowing a new owner to tailor its use to their lifestyle or investment goals. The home has been extensively upgraded, including a new pool and spa, expanded decks and stairs, a brick driveway, hurricane impact windows and sliding doors, a 200-amp electrical service upgrade, and mini split AC systems for efficient, individualized climate control. Blending modern upgrades with versatile living and a breathtaking waterfront setting, 78 Bay Drive is a distinctive Lower Keys offering -- equally compelling as a private coastal sanctuary, an income-producing property, or a combination of both.
  1. Listed by Jenny Benson • Coastal Collection Real Estate Inc.

Property Details for 78 Bay Drive

Waterfront
Oceanfront
Waterfront
Yes
Zoning
IS - Improved Subivision District
Subdivision
Bay Point Amd & 1st (15.0)
Vehicle Storage
Guest Parking, Covered Parking
Pets
Pets Allowed
LISTING UPDATED: 05/02/2026 02:41 PM

Property Details for 78 Bay Drive

StatusClosed
MLS #616566
Days on Market207
Taxes$9,659 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1963
Lot Size0.26 AC / 11,320 SF
CountyMonroe County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Coastal Collection Real Estate Inc.

Sold By Coastal Collection Real Estate Inc.

Add your commute

Building Information for 78 Bay Drive

Stories2Year Built1963Building Size-Lot Size0.26 AC / 11,320 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$9,401 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,596

Property Taxes

$805

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 78 Bay Drive

Summary
Location and General Information
  • Waterview: Ocean View
  • Area: 06 - Bay Point to Sugarloaf
  • Absolute Longitude: 81.592258
  • Control Depth: 3
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 15.0
  • Marathon Neighborhood: N/A
  • Key/Island: Saddlebunch
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Furnished
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.24
  • Parcel #: 00160680-000000
  • Land Size: 1/4 - 1/2 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • 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
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: AE,VE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 116
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile, Laminate, Wood
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Oven, Range, Refrigerator
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Dockage: Dock: Wood
  • Construction: CBS
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window
Room Information
  • Specialty Rooms: Laundry Room, Sun/Florida Room

Property History for 78 Bay Drive

DateEvent & SourcePriceAppreciation
May 1, 2026

Sold

FKMLS #616566

$1,725,000—
Apr 16, 2026

Backup Contract

FKMLS #616566

—
Apr 14, 2026

Pending

FKMLS #616566

—
DateEvent & SourcePrice
05/01/2026

Sold

FKMLS #616566

$1,725,000
04/16/2026

Backup Contract

FKMLS #616566

—
04/14/2026

Pending

FKMLS #616566

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 78 Bay Drive

Taxable ValueLand$867,520Additions$329,269Total$1,196,789
Tax Record2024$9,659 ($805 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,576 SqFtAbove Grade Finished SqFt1,576 SqFtStories2Lot Size11,320 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated2006CountyMONROEAPN00160680-000000

Schools near 78 Bay Drive

This home is within Monroe.
Rating
School
Type
Grades
Distance
Sugarloaf School
Public - PK to 8
Key West High School
Public - 9 to 12
The College Of The Florida Keys Academy
Charter - 9 to 12
Sigsbee Charter School
Charter - K to 8
Rating
School
Distance
Sugarloaf School
PublicPK to 8

Key West High School
Public9 to 12

The College Of The Florida Keys Academy
Charter9 to 12

Sigsbee Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coastal Collection Real Estate Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.