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887 Bay Drive, Summerland Key, FL 33042
$1,595,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
2,022
Lot Size (sq. ft.):
7,439
Status:
Active
Current Price:
$1,595,000
List Date:
1/23/2026
Last Modified:
2/16/2026
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
More Information MLS# 618272
Contract Information
Current Price: $1,595,000
Listing Date: 2026-01-22
Listing Board: Key West Association
List Price: $1,595,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
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
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: No
Year Built: 1974
Lot Size: 70' x 100'
Lot SqFt: 7439
Lot Sqft Source: Property Data Card
Acres: 0.17
Living Apx SqFt: 2022
SqFt Source: Seller
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 28
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Dockage
Dock Length: 70
Seawall: Concrete
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Vehicle Storage
Car(s): 4+
Appliances
Other: 2 drawer freezer
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
Bedroom 1
Level: Main
Bedroom 2
Level: Main
Bedroom 3
Level: Main
Full Bathroom
Level: Main
Full Bathroom
Level: Main
Documents
Listing Office: Realty Executives Florida Keys Summerland Branch
Last Updated: February - 16 - 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.

Elevation Certificate ›