Tucked along a wide, deep canal, this concrete 3 bedroom, 1 bath home offers a thoughtfully designed split floor plan that creates privacy and flexibility rarely found in a home of this size. The primary suite occupies its own side of the home, while the guest quarters are positioned on the opposite side--ideal for visiting family and friends, a home office, or simply having separate spaces to retreat and unwind.
At the heart of the home, the living and kitchen areas bring everyone together with classic Conch island style and thoughtful updates, including new kitchen appliances, a remodeled bathroom, and efficient ductless mini-splits.
Outside, the property feels like a private tropical retreat. Two mango trees, key lime, lemon, and starfruit trees mingle with palms and tropical flowers, creating a lush backdrop for slow mornings and easy entertaining. Relax on the sandy beach with lounge chairs, unwind in the jetted swim spa, rinse off in the outdoor shower with full bath, or enjoy the screened porch after a day on the water.
For boaters, the waterfront setup is exceptional. The 50-foot-wide canal offers 3+ feet of control depth, complemented by a 75-foot concrete seawall, fish-cleaning station, and rare grandfathered private boat ramp--a feature increasingly difficult to find in the Keys. There's also abundant parking for large boat trailers, multiple vehicles, or a guest RV, plus a 30-amp RV hookup and wired for a whole house generator.
Practical improvements include a newer roof, new 100-amp electrical service panel and mast, and mostly impact windows with shutters for the remainder, rounded out by a 14 foot sliding chainlink.
Whether you're looking for a full-time island home or weekend escape, this property brings together privacy, boating access, generous parking, outdoor living, and tropical character in this truly special slice of the Florida Keys. Local favorite Baby's Coffee, a neighborhood park, and tennis/pickleball courts are just steps
For sale
$972,000
12 Bay Dr, Key West, FL 33040
3beds
1,400sqft
Single Family Residence
Built in 1958
9,147 Square Feet Lot
$920,700 Zestimate®
$694/sqft
$-- HOA
What's special
Fish-cleaning stationPalms and tropical flowersJetted swim spaNewer roofWaterfront setupRemodeled bathroomScreened porch
- 40 days
- 747
- 40
Zillow last checked:
Listing updated:
Listed by:
Natallie M Liz 305-879-7658,
Island Welcome Real Estate LLC
Source: FLKMLS,MLS#: 621164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Area: 159.38 Square Feet
- Dimensions: 11.85 x 13.45
Bedroom 2
- Area: 114.61 Square Feet
- Dimensions: 12.31 x 9.31
Dining room
- Area: 189.33 Square Feet
- Dimensions: 15.11 x 12.53
Kitchen
- Area: 136.59 Square Feet
- Dimensions: 12.91 x 10.58
Living room
- Area: 557.05 Square Feet
- Dimensions: 22.07 x 25.24
Cooling
- Ductless
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Ice Maker, Stainless Steel Appliance(s)
- Laundry: Laundry Room
Features
- Storage, Walk-in Closet(s), Sun/Florida Room
- Flooring: Tile, Vinyl, Carpet
- Furnished: Yes
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Property
Parking
- Parking features: RV Access/Parking, Storage
Features
- Levels: Ground Level
- Patio & porch: Screened Patio
- Exterior features: Fruit Tree(s), Lighting, Outdoor Shower, Sandy Beach, Storage, Water Display
- Has private pool: Yes
- Pool features: Above Ground
- Fencing: Fenced
- On waterfront: Yes
Lot
- Size: 9,147 Square Feet
- Dimensions: 75 X 122
Details
- Additional structures: Shed(s)
- Parcel number: 00160350000000
- Zoning: IS - Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete, Stucco
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1958
Community & HOA
Community
- Features: Community Boat Ramp, Bike Paths
- Security: Security System
- Subdivision: Bay Point Amd & 1st (15.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $694/sqft
- Tax assessed value: $899,145
- Annual tax amount: $577
- Date on market: 8/31/2026
- Listing terms: Assumable,Cash,Conventional,FHA
Estimated market value
$920,700
$875,000 - $967,000
$3,894/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $972,000+112.5%$694/sqft |
Source: | ||
| 10/26/2018 | Sold | $457,500-6.4%$327/sqft |
Source: | ||
| 7/9/2018 | Listed for sale | $489,000$349/sqft |
Source: American Caribbean Real Estate-Lower Keys #580977 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $577 +5.2% | $502,000 +3% |
| 2024 | $549 +20% | $487,335 +3% |
| 2023 | $457 +2.5% | $473,141 +3% |
| 2022 | $446 | $459,361 +3% |
| 2021 | -- | $445,982 -0.6% |
| 2020 | -- | $448,571 +18.9% |
| 2019 | $407 -89.6% | $377,229 +160% |
| 2018 | $3,896 +181.3% | $145,072 +2.1% |
| 2017 | $1,385 +3.2% | $142,089 +2.1% |
| 2016 | $1,341 -0.1% | $139,167 +0.7% |
| 2015 | $1,343 | $138,200 |
Find assessor info on the county website
Monthly payment
Est. payment





