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For sale
  • $972,000

    12 Bay Dr, Key West, FL 33040

    3beds
    1,400sqft
    : 
    $6,196/mo
    Get pre-qualified
    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
    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
    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#: 621164MLS Logo

      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

        DateEventPrice
        8/31/2026Listed for sale$972,000+112.5%$694/sqft
        Source: FLKMLS #621164 Report a problem
        10/26/2018Sold$457,500-6.4%$327/sqft
        Source: FLKMLS #580977 Report a problem
        7/9/2018Listed for sale$489,000$349/sqft
        Source: American Caribbean Real Estate-Lower Keys #580977 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33040

        Getting around

        9 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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