78 Bay Drive, Saddlebunch, FL 33040
$1,849,999
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,454
Lot Size (sq. ft.):
11,320
Status:
Active
Current Price:
$1,849,999
List Date:
9/20/2025
Last Modified:
3/30/2026
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 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.
More Information MLS# 616566
Contract Information
Current Price: $1,849,999
Listing Date: 2025-09-19
Listing Board: Key West Association
List Price: $1,849,999
Location Tax Legal
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
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 1963
Lot SqFt: 11320
Acres: 0.24
Living Apx SqFt: 2454
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock: Wood
Building Style
Above Flood: Unknown
Stories: 2 Stories
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 - 30 - 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.
