$1,050,000
PENDING $250K PRICE DROP

76 Palm Dr Key West, FL 33040

Estimated payment $6,113/month

Total Views 16,334
3 Beds
3 Baths
1,598 Sq Ft
$657 Price per Sq Ft

About This Home

This 2-story home was built for relaxation and views of the open water and unforgettable sunsets. Watching the sun dip down on the horizon, transforming a brilliant blue sky and white fluffy clouds into soft pinks and oranges is pure delight and good for the soul.The property is in the Lower Florida Keys at Mile Marker #15 in Saddlebunch Key, Bay Point Subdivision. It is only 20 minutes to downtown Key West or to Big Pine Key. It is a unique community of friendly kids, young and active mature people, working people and retirees. Many walk or jog for exercise, walk their dogs, walk with friends, ride bicycles, motorized or not, and adult tricycles and golf carts make their way around the neighborhood too. The Bay Point County Park is very popular for all ages and is complete with: Boat ramp; Fenced-in kiddie playground with swings and jungle Jims; Basketball, Volleyball, Bocce Ball and Tennis and Pickle ball courts (with lights for evening play); Picnic tables and grills, perfect for birthdays, holiday celebrations or casual get-togethers; a spacious field where dogs can run around and play freely.First Floor: 2 bedrooms, 2 baths, including a Master suite with breathtaking waterfront views.Second Floor: Spacious Great Room With high ceilings, a beautifully appointed kitchen, dining area and living space, plus an additional bedroom and bath.Shallow draft boating access to both Gulf and Atlantic on boats with outboard motors. Come and see for yourself, this is more than just a house, it's a tropical paradise where every day feels like a getaway.An octagon home in a tropical area of the USA, such as Key West and the Florida Keys, has several advantages in terms of architecture, engineering, and sustainability. Here's why it is a great choice: 1. Improved Wind Resistance2. Efficient Natural Ventilation3. Better Use of Natural Light4. More Energy-Efficient Design5. Increased Stability on Elevated Foundations and more...

Listing Agent

Margarita Villoch

Island Group Realty (KW) License #3216008 Listed on: 01/28/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,210

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Contingent: Contingent
  • Contingent Remarks: Inspection
  • Control Depth: 3
  • Document Count: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Saddlebunch
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6210.15
  • Title: Title Ins - Buyer, Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 2016
  • Alternate Key Number: 1207641
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 3754.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1598.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr, Dual Flush
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Window Treatments, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Freezer, Disposal, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: Parking

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: Modular, Hardi Board Siding
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00162100-000000
  • Lot Size: 35x82x60x75
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,210 $856,032 $419,078 $436,954
2023 $6,210 $775,122 $359,877 $415,245
2022 $5,738 $717,935 $302,235 $415,700
2021 $5,165 $520,992 $193,181 $327,811
2020 $5,042 $502,794 $171,370 $331,424
2019 $5,281 $545,405 $202,528 $342,877
2018 $5,012 $511,140 $235,244 $275,896
2017 $4,655 $495,546 $0 $0
2016 $2,385 $204,944 $0 $0
2015 $2,520 $209,378 $0 $0
2014 $3,185 $291,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $1,050,000 -19.2% $657 / Sq Ft
01/28/2025 01/28/25 For Sale $1,300,000 +519.0% $814 / Sq Ft
03/27/2014 03/27/14 Sold $210,000 -35.4% $177 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/01/2013 02/01/13 For Sale $325,000 -- $274 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,000 Credit Line Revolving
Previous Owner $153,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Margarita Villoch

Island Group Realty (KW)

(786) 628-0498

Section Image

Margarita Villoch of Island Group Realty captains a seasoned crew of real estate professionals with expertise in Key West and the Lower Keys.

For Margarita, there is no better place to live. A resident of the Keys for more than 30 years, Margarita brings to her clients all the tools of a modern Realtor and a tireless work ethic that assures your complete satisfaction — just as she has for the many clients over the years who now call Key West or the Lower Keys home.

Margarita has

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  • 6 Verde Dr, Key West, FL 33040

    $375,000 Sold Jul 02, 2025

    • 3 Beds
    • 2 Baths
    • 810 Sq Ft
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    CANAL-FRONT HOME MINUTES FROM KEY WEST!Waterfront living at Mile Marker #10!This reasonably priced, canal-front property offers an authentic Florida Keys lifestyle with direct boating access to the Gulf (3-4 ft draft). Just a short drive to Key West, you'll enjoy the convenience of island living with easy access to city amenities.Home Features:Functional open-concept ''great room'' combining

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Source: Key West Association of REALTORS®

MLS Number: 613402

Key West Association of REALTORS®

APN: 00162100-000000