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Pending
  • $225,000

    1 Blue Water Dr, Saddlebunch Key, FL 33040

    --beds
    --baths
    8,750Square Feet
    : 
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    Unimproved Land
    Built in ----
    8,750 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Canal frontage
    Rare Florida Keys build-ready opportunity carrying 41 ROGO points -- one of the strongest competitive scores available in Monroe County today. A fully engineered, sealed residential construction permit package is currently in ROGO review. Break ground ahead of many others in line, as early as one year from today. Please note: the seller also owns a separate two-point dedication lot that can be purchased and combined with this application to further accelerate permit issuance.Monroe County is not currently reviewing new residential permit applications on any predictable timeline. A buyer here steps into a process already running -- with a score that puts this application at the front of the line. The permitted plans call for a two-story, single-family home on concrete columns with approximately 1,657 sq ft of living space, storm rated impact windows and doors, metal roof, covered decks, greywater recycling system, solar panels, and a 1,250-gallon cistern -- all engineered and included in the submitted package.Located on Bluewater Drive in Saddlebunch Key near MM 14, with canal frontage, open water views of Saddlebunch Channel, and easy reach of Key West. Real Keys. Real water. Real building rights. Construction costs are separate buyer responsibility. Buyer to verify all information with proper officials.
    15 days
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    146
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Natallie M Liz 305-879-7658,

    Expert Realty LLC (HQ)

    Source: FLKMLS,MLS#: 620365MLS LogoOriginating MLS: Key West Association

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Canal, Water
      • Water view: Canal,Water
      • Waterfront features: Canal Front, Open Water, Waterfront, Water Frontage, Dockage: Other Dockage, None
      Lot
      • Size: 8,750 Square Feet
      • Features: Less Than 1/4 Acre, Other See Remarks, Cleared, Corner Lot
      • Residential vegetation: Mangrove
      Details
      • Parcel number: 00159280000000
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Utilities & green energy

      • Water: Water Meter
      • Utilities for property: Sewer Connected, Other See Remarks, Other
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Subdivision: Saddlebunch Shores (14.0)
      HOA
      • Has HOA: No
      Location
      • Region: Saddlebunch Key

      Financial & listing details

      • Tax assessed value: $187,530
      • Annual tax amount: $1,620
      • Date on market: 6/22/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,550/mo

        Price history

        DateEventPrice
        6/26/2026Pending sale$225,000
        Source: Key West AOR #620365 Report a problem
        6/22/2026Listed for sale$225,000+50%
        Source: FLKMLS #620365 Report a problem
        2/8/2022Sold$150,000-5.7%
        Source: FLKMLS #597453 Report a problem
        1/12/2022Contingent$159,000
        Source: FLKMLS #597453 Report a problem
        12/7/2021Price change$159,000-20.1%
        Source: FLKMLS #597453 Report a problem
        8/24/2021Listed for sale$199,000+53.1%
        Source: FLKMLS #597453 Report a problem
        7/25/2019Sold$130,000+85.7%
        Source: Public Record Report a problem
        5/5/2015Sold$70,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,621 +2.5%$187,530
        2024$1,580 -0.4%$187,530
        2023$1,587 +45.3%$187,530 +60.2%
        2022$1,092 +12.5%$117,040 +10%
        2021$970 -1.1%$106,400
        2020$981 $106,400 -11.1%
        2019$981 +4.5%$119,700 -11.1%
        2018$939 -2.6%$134,663
        2017$963 +5.7%$134,663 +97%
        2016$911 +36.7%$68,342 -8.1%
        2015$667 $74,375

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33040

        Getting around

        5 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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