$3,550,000
SOLD JUN 12, 2025

9 Bay Dr Key West, FL 33040

5 Beds
5 Baths
3,272 Sq Ft
0.33 Acres

Recently Sold

$1,085 Per Sq Ft

16% Below List Price

68 Days on Market

About This Home

As of June 2025

This amazingly beautiful home is a true engineering masterpiece with open water views, 151 feet of seawall, a gorgeous pool, a boat ramp, covered garage and a floating dock for your water toys. Out of the 5 bedrooms, four are en suite, with three suites opening on to a spacious tiled terrace, to take in the 180 degree open water view and to soak up the sun in your own personal space. While the master suite is smartly placed on the ground level and entirely accessible with no stairs, the unique split floor plan allows for two incredible living areas offering guests a separate retreat to relax and take in the view. A fantastic kitchen can host several chefs and is complete with double convection wall ovens, two sinks, great range and plenty of sitting for at least ten guests between the breakfast nook and the dinning room set.Your own private beach, with a brand new in ground, salt water pool,chikee hut, fire pit, kayaks, paddle boards, complete this idilic setting which represents the epitome of luxury and quiet relaxation.

Last Agent to Sell the Property

Dan Serban

Key West Luxury Real Estate Inc (KW) License #3313073 Listed on: 02/06/2025

Last Buyer's Agent

Dan Serban

Key West Luxury Real Estate Inc (KW) License #3313073 Listed on: 02/06/2025

Home Details

Home Type

Single Family

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Saddlebunch
  • Limited Representation: No
  • 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, Other Area Features, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 17118.00
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Guest Parking, Assigned Parking, Auto Door Opener
  • Vehicle Storage Cars: 2
  • Year Built: 2014
  • Alternate Key Number: 1207080
  • Building Style: Split Level
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 14800.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 3272.00
  • Pre Wired: Cable, Cat 5
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Pantry, Split Bedroom
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Combo, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room, Media Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Accessibility Features: Wheelchair Ramp

Exterior Features

  • Waterfront: Oceanfront, Open Water, Bay Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Frame
  • Exterior Features: Chickee Hut, Sprinkler System, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Lighting, Hot Tub, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Other - See Remarks, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Jun 12, 2025
Sold by
Keywestmdl 9 Bay Llc
Bought by
Gravett Keys Llc
Seller's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
List Price
$4,250,000
Sold Price
$3,550,000
Premium/Discount to List
-$700,000
-16.47%
Views
283
Current Estimated Value
$3,472,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,544
Avg. Annual Appreciation
-4.41%
Original Mortgage
$1,500,000
Outstanding Balance
$1,493,982
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,978,474

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 18, 2021
Sold by
Hirsch Larry and Hirsch Carey
Bought by
Keywestmdl 9 Bay Llc
Seller's Agent
Edward Piazza
Atlantic Realty Group, LLC
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$1,685,000
Sold Price
$1,685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Listed on
Nov 8, 2018
Closed on
Aug 15, 2019
Sold by
Cross Mark A and Cross Lori A
Bought by
Hirsch Larry and Hirsch Carey
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Edward Piazza
Atlantic Realty Group, LLC
List Price
$1,470,000
Sold Price
$1,290,000
Premium/Discount to List
-$180,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$1,161,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2010
Sold by
Cotner Allen B
Bought by
Cross Mark A and Cross Lori A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,550,000 None Listed On Document
Warranty Deed $1,685,000 Attorney
Warranty Deed $1,685,000 None Listed On Document
Warranty Deed $1,290,000 Attorney
Personal Reps Deed $400,000 True Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Previous Owner $1,161,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2025 06/12/25 Sold $3,550,000 -16.5% $1,085 / Sq Ft
02/06/2025 02/06/25 For Sale $4,250,000 +152.2% $1,299 / Sq Ft
06/18/2021 06/18/21 Sold $1,685,000 0.0% $515 / Sq Ft View Prior Sale
05/24/2021 05/24/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,685,000 +30.6% $515 / Sq Ft
08/15/2019 08/15/19 Sold $1,290,000 -12.2% $394 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $1,470,000 -- $449 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

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
2025 $17,291 $2,417,806 $1,145,816 $1,271,990
2024 $17,048 $1,986,729 $1,110,740 $875,989
2023 $17,048 $2,257,738 $1,543,344 $714,394
2022 $14,303 $1,608,807 $894,438 $714,369
2021 $10,943 $1,173,137 $0 $0
2020 $10,899 $1,156,940 $537,832 $619,108
2019 $9,720 $984,070 $336,214 $647,856
2018 $9,855 $988,375 $335,514 $652,861
2017 $9,216 $981,271 $0 $0
2016 $8,579 $864,399 $0 $0
2015 $8,183 $801,186 $0 $0
2014 $2,303 $160,371 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Serban

    Seller's Agent in 2025

    Dan Serban

    Key West Luxury Real Estate Inc (KW)

    (305) 797-2352

    98 Total Sales

    Dan Serban
    Section Image

  • E

    Seller's Agent in 2021

    Edward Piazza

    Atlantic Realty Group, LLC

    Section Image
  • Vic Musmanno

    Seller's Agent in 2019

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    144 Total Sales

    Vic Musmanno
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 613555

Key West Association of REALTORS®

APN: 00161520-000000

Florida Monroe County Key West 33040

9 Bay Dr, Key West, FL

Sold

Detached

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