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$1,235,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,372 Sq. Ft.
  • Updated 55 minutes ago

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Open House: 10:00 AM - 12:00 PM

Saturday 5/16 10:00 AM - 12:00 PM

56 Bay Drive,Lower Sugarloaf Key, FL 33040

56 Bay DriveLower Sugarloaf KeyFL33040

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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.

Full Property Details for 56 Bay Dr

General

  • Price: $1,235,000
  • Taxes: $7,446 (2024)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 616825
  • Updated: 5/13/2026
  • Added to Site: 215 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Workshop, Utility Room, Entrance Foyer, Smoke Alarms, Storage, Other
  • Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Freezer, Gas Appliances, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
  • Flooring: Wood, Tile, Combo

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Other Area Features, Community Boat Ramp, Bike Paths, Tennis Court(s)
  • Pool: Yes
  • Pool Description: Concrete, Above Ground
  • Security/Safety: Other, On Premises System

Exterior

  • Exterior Features: Fencing, Outdoor Shower, Shed, Storage
  • Deck/Patio: Open Porch/Balcony, Deck, Patio
  • Porch/Patio/Deck: Open Porch/Balcony, Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Parking Features: Open, Guest, Off Street, Carport, Attached

Location

  • Area: 06 - Bay Point to Sugarloaf
  • County: Monroe
  • Subdivision: Bay Point Amd & 1st (15.0)

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fans(s)

Structural Information

  • Architectural Style: Above Flood
  • Construction Status: Updated/Remodeled
  • Construction: Combo Construction, Frame, Stucco
  • Roof: Metal
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Square Feet: 1,372
  • Sq. Ft. Source: Tax Records
  • Year Built: 1978
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Canal, Open Water View, Bay
  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,220
  • Zoning: IS - Improved Subivision District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bay Front, Canal Front, Oceanfront

Financial Considerations

  • Tax Amount: $7,446.23
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: BK 5 LT BK 28 BAY POINT AMENDED PLAT SADDLEBUNCH KEYS PB3-75 OR326-575/76 OR474-281/82 OR580-268D/C OR698-484/86 OR1215
  • Flood Zone: AE, AE
  • APN: 00160570-000000

Listed by Keller Williams Key West Compass Realty, Stephanie Lynn Wise (305) 563-0073 and Keller Williams Key West Compass Realty, Thomas E Bleckley (954) 812-1822

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Listing agents

— 56 Bay Dr —

  • Stephanie Lynn Wise

    Keller Williams Key West Compass Realty

  • Thomas E Bleckley

    Keller Williams Key West Compass Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 56 Bay Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Sugarloaf School
255 Crane Boulevard, Summerland Key, FL 33042
PK-84.8 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1212.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 56 Bay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2025
Listed
$1,235,000
302.12%
MLS
2/22/2011
Sold
$307,125
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 56 Bay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,446
—
$1,233,417
35%
2024
$7,446
-1%
$910,673
-17%
2023
$7,550
30%
$1,102,125
80%
2021
$5,802
-10%
$611,486
-26%
2022
$6,423
11%
$829,514
45%
2021
$5,802
20%
$570,154
19%
2019
$4,836
—
$478,750
4%
2018
$4,828
6%
$460,455
-4%
2017
$4,559
4%
$481,520
4%
2016
$4,389
4%
$464,062
34%
2015
$4,218
—
$345,947
10%
2014
$4,236
18%
$314,498
10%
2013
$3,579
—
$285,908
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Key West Compass Realty, Stephanie Lynn Wise (305) 563-0073 and Keller Williams Key West Compass Realty, Thomas E Bleckley (954) 812-1822

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56 Bay Drive, Lower Sugarloaf Key, FL 33040 (MLS# 616825) is a Single Family property with 3 bedrooms and 2 full bathrooms. 56 Bay Drive is currently listed for $1,235,000 and was received on October 10, 2025. Want to learn more about 56 Bay Drive? Do you have questions about finding other Single Family real estate for sale in Lower Sugarloaf Key? You can browse all Lower Sugarloaf Key real estate or contact a Coldwell Banker agent to request more information.

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