70 Bay Drive

Key West, FL 33040

$2,499,999
Price
5
Beds
2
Baths
2,450 Sq. Ft.
$1,020 / Sq. Ft.
2,450
Sq. Ft.
$1,020
per Sq. Ft.

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...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!
  1. Listed by Stephanie Lynn Wise • Keller Williams Key West Compass Realty
  2. Listed by Sandra Lee Swan • Keller Williams Key West Compass Realty

Property Details for 70 Bay Drive

Waterfront
Bay Front, Gulf Front, Open Water
Waterfront
Yes
Zoning
IS - Improved Subivision District
Subdivision
Bay Point Amd & 1st (15.0)
Vehicle Storage
Attached, Off Street Parking, Garage, Covered Parking, Carport
Pets
Pets Allowed

Open Houses

Saturday, May 4th

10:00 AM - 1:00 PM

PublicView Details

Location

Listing Courtesy of Keller Williams Key West Compass Realty
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LISTING UPDATED: 05/02/2024 09:41 AM

Property Details for 70 Bay Drive

StatusActive
MLS #607627
Days on Market155
Taxes$9,671 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1993
Lot Size0.17 AC / 7,385 SF
CountyMonroe County

Location

Listing Courtesy of Keller Williams Key West Compass Realty
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Virtual Tour

Building Information for 70 Bay Drive

Stories3Year Built1993Building Size-Lot Size0.17 AC / 7,385 SF

Payment Calculator

$14,449 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$806

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70 Bay Drive

Summary
Location and General Information
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Area: 06 - Bay Point to Sugarloaf
  • Absolute Longitude: 81.592392
  • Control Depth: 3
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 15.0
  • Marathon Neighborhood: N/A
  • Accessibility Feat: Accessible Elevator Installed, Parking, Accessible Kitchen
  • Key/Island: Saddlebunch
Owner
  • Owner Name: Kathleen D Sims & Robin Wood
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: Transient Rntl Licns: No
  • Fee Includes: None
  • Furnished: Furnished, Negotiable
  • Tax Year: 2022
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.17
  • Parcel #: 00160640-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: BK 5 LT 35 BAY POINT AMENDED PLAT SADDLEBUNCH KEYS PB3-75 OR263-548 OR426-28/29 OR1163-1274 OR1163-1273AFF OR1164-2145D
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE,AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 79
  • Document Count: 2
  • Building Style: Above Flood: Unknown
  • Building Style: Stilt Column Height: Medium - 5Ft - 9Ft
  • Property Condition: Updated/Remodeled
  • Title: Negotiable, Title Ins - Buyer
Utilities
  • Utilities: Buyer to Verify
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Handicap Access: Yes
  • Pool Info: Fiberglass, In Ground
  • Porch/Balcony: Deck, Patio, Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Carpet, Wood, Tile
  • Interior Features: Elevator, Other, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Dryer
Exterior Features
  • Roof: Metal Roof
  • Dockage: Dock: Composite
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Outdoor Shower, Fencing
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
Room Information
  • Specialty Rooms: Laundry Room, Utility Room, Workshop

Property History for 70 Bay Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 70 Bay Drive

Taxable ValueLand$1,023,561Additions$575,441Total$1,599,002
Tax Record2023$11,467 ($956 / month)
Home Facts
Beds5Baths2Total Finished SqFt2,450 SqFtAbove Grade Finished SqFt2,450 SqFtStories3Lot Size7,387 SqFtStyleSingle Family ResidenceYear Built1993Year Renovated2014CountyMONROEAPN00160640-000000

Schools near 70 Bay Drive

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Sugarloaf School
PublicPK to 8

Sigsbee Charter School
CharterK to 8

Somerset Island Prep
Charter9 to 12

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

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70 Bay Drive is a single family home for sale in Key West, FL 33040. This property was listed for sale on December 1, 2023 by Keller Williams Key West Compass Realty, it's currently listed at $2,499,999. It has been on the market for a total of 155 days and was last sold on June 29, 2016. This listing's school district is Monroe. Nearby schools include Sugarloaf School, Lower Keys Academic Connections for Excellence and Sigsbee Charter School. 70 Bay Drive is a 5-bed, 2-bath, 2,450 sqft single family home built in 1993.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Key West Compass Realty

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.