56 Bay Dr Saddlebunch, FL
Estimated payment $7,386/month
About This Home
Island Life, unequalled waterfront sunsets, ocean breezes and crystal clear waters. And you can drive to your Caribbean Island Escape! This location is exceptional on all fronts, more than 2X the avg lot size, a craftsman remodeled 3/2 converted to a 2/2 with a spacious convertible home office, gorgeous high quality materials throughout, including Walnut Engineered Flooring, Brazilian Quartzite Countertops, Chef's Kitchen & Luxurious Main Bath. Welcome the Sunrise from the East Balcony and celebrate the sunsets from the West Observation deck, over 644 Sqft of additional enclosed utility/storage space, Outdoor Dipping Pool, Dock, Boat ramp, 2x Outdoor showers (pool & Dock), 20x20 detached Workshop, Space for Boat & RV Parking with full hookup. Minutes from the vibrant phenom, Key West and a 5 minute walk from the County Bayfront Park and Boat ramp. This property is the definition of move in ready, recently replaced appliances and equipment, high speed internet both wired and wireless ready for the most sophisticated AV/IT systems. The quality of this property allows you the luxury of deciding whether to make this your forever home or take advantage of premium long term rental income, or a combination.*None of the pictures are AI generated.
Listing Agent
Keller Williams Key West Compass Realty License #3414367 Listed on: 10/10/2025
Map
Home Details
Home Type
Single Family
Year Built
1978
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: No
- Dockage Dock: Other
- Fee Includes: None
- Key Island: Saddlebunch
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 15.00
- Min Rental Days: 30.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Community Boat Ramp, Bike Paths, Other Area Features, Tennis Courts
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 7446.23
- Title: Negotiable
- Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached, Carport
- Vehicle Storage Cars: 4+
- Year Built: 1978
- Alternate Key Number: 1206148
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 17220.00
- Pool Info: Above Ground, Concrete
- Porch Balcony: Open Porch/Balcony, Deck, Patio
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1372.00
- Pool Info Other: Dipping Pool
- Pre Wired Other: EV
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Entrance Foyer, Brazilian Quartzite Countertops, Other, Storage, Smoke Alarms
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Combo, Wood
- Specialty Rooms: Utility Room, Workshop
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 3
Exterior Features
- Dockage: Boat Ramp
- Waterfront: Oceanfront, Canal Front, Bay Front
- Waterfront: Yes
- Construction: Frame, Combo Construction, Stucco
- Exterior Features: Fencing, Storage, Shed, Outdoor Shower
- Roof: Metal Roof
- Waterview: Bay/Gulf View, Open Water View, Canal View
- Pool: Yes
Utilities
- Security: On Premises System, Other
- Utilities: FKAA, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,AE
- Parcel Number: 00160570-000000
- Land Size: 1/4 - 1/2 Acre
- Acres: 0.40
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Partially, Negotiable
Tax Info
- Tax Year: 2024
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,446 | $1,233,417 | $942,795 | $290,622 |
| 2024 | $7,550 | $910,673 | $622,245 | $288,428 |
| 2023 | $7,550 | $1,102,125 | $842,230 | $259,895 |
| 2022 | $6,423 | $829,514 | $565,677 | $263,837 |
| 2021 | $5,802 | $611,486 | $377,118 | $234,368 |
| 2020 | $5,407 | $570,154 | $377,118 | $193,036 |
| 2019 | $4,836 | $478,750 | $276,553 | $202,197 |
| 2018 | $4,828 | $472,723 | $267,125 | $205,598 |
| 2017 | $4,559 | $481,520 | $0 | $0 |
| 2016 | $4,389 | $464,062 | $0 | $0 |
| 2015 | $4,218 | $435,534 | $0 | $0 |
| 2014 | $4,236 | $454,914 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $1,295,000 | -- | $944 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $307,125 | Attorney | |
| Trustee Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $382,000 | -- | |
| Warranty Deed | $372,500 | -- | |
| Warranty Deed | $260,000 | -- | |
| Warranty Deed | $222,000 | -- | |
| Deed | $8,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $80,287 | New Conventional | |
| Previous Owner | $450,000 | No Value Available |
Source: Key West Association of REALTORS®
MLS Number: 616825
APN: 00160570-000000
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