1 Blue Water Drive, Saddlebunch, FL 33040

$208,000
Property Type: Vacant Land Lot Size (sq. ft.): 8,750 Status: Closed
Current Price: $208,000 List Date: 6/22/2026 Last Modified: 7/13/2026

Description

Rare Florida Keys build-ready opportunity carrying 41 ROGO points -- one of the strongest competitive scores available in Monroe County today. A fully engineered, sealed residential construction permit package is currently in ROGO review. Break ground ahead of many others in line, as early as one year from today. Please note: the seller also owns a separate two-point dedication lot that can be purchased and combined with this application to further accelerate permit issuance. Monroe County is not currently reviewing new residential permit applications on any predictable timeline. A buyer here steps into a process already running -- with a score that puts this application at the front of the line. The permitted plans call for a two-story, single-family home on concrete columns with approximately 1,657 sq ft of living space, storm rated impact windows and doors, metal roof, covered decks, greywater recycling system, solar panels, and a 1,250-gallon cistern -- all engineered and included in the submitted package. Located on Bluewater Drive in Saddlebunch Key near MM 14, with canal frontage, open water views of Saddlebunch Channel, and easy reach of Key West. Real Keys. Real water. Real building rights. Construction costs are separate buyer responsibility. Buyer to verify all information with proper officials.

More Information MLS# 620365

Contract Information

Current Price: $208,000 Listing Date: 2026-06-22 Listing Board: Key West Association Sold Price: $208,000 Limited Representation: No Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 1 Street Name: Blue Water Street Suffix: Drive Key/Island: Saddlebunch State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Saddlebunch Shores (14.0) Area: 06 - Bay Point to Sugarloaf

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 2 Lot Dimensions: X Lot SqFt: 8750 Total Lots: 1 Survey Available: Yes Vegetation Survey: Yes

Status Change Info

Under Contract Date: 2026-06-25 Sold Date: 2026-07-13 Sold Price: $208,000 Status: Closed

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Tax Exemptions: None Waterfront: Canal Front; Open Water Dockage: None; Other Dockage Waterview: Canal View; Open Water View Existing Utilities: Other Utilities; Sewer; Solar Power; Water Meter; Other See Remarks BuildingPermit: Applied For Permit Land Size: Less Than 1/4 Acre Title: Negotiable
Listing Office: Expert Realty LLC (HQ)
Last Updated: July - 13 - 2026
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