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.
Pending
$225,000
1 Blue Water Dr, Saddlebunch Key, FL 33040
--beds
--baths
8,750Square Feet
Unimproved Land
Built in ----
8,750 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Canal frontage
- 15 days |
- 146 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Natallie M Liz 305-879-7658,
Expert Realty LLC (HQ)
Source: FLKMLS,MLS#: 620365
Originating 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
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Pending sale | $225,000 |
Source: | ||
| 6/22/2026 | Listed for sale | $225,000+50% |
Source: | ||
| 2/8/2022 | Sold | $150,000-5.7% |
Source: | ||
| 1/12/2022 | Contingent | $159,000 |
Source: | ||
| 12/7/2021 | Price change | $159,000-20.1% |
Source: | ||
| 8/24/2021 | Listed for sale | $199,000+53.1% |
Source: | ||
| 7/25/2019 | Sold | $130,000+85.7% |
Source: Public Record Report a problem | ||
| 5/5/2015 | Sold | $70,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $74,375 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 6/10Sugarloaf SchoolGrades: PK-8Distance: 5.2 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 12 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Saddlebunch Key
- 33040
- 1 Blue Water Dr








