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Sold for $2,200,000
  • $2,200,000

    70 Bay Dr, Key West, FL 33040

    5beds
    2,450sqft
    Single Family Residence
    Built in 1993
    7,405.2 Square Feet Lot
    $2,193,000 Zestimate®
    $898/sqft
    $5,243 Estimated rent

    Home value

    $2,193,000

    $1.91M - $2.52M

    $5,243/mo

    Zestimate® history
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    What's special

    This is not just a waterfront home, it's an investment opportunity! Boasting over $163,000 in rental history WITH partial owner use, you can capitalize on its potential and share the tropical luxury of this paradise property! This stunning 5-bedroom home offers the perfect blend of luxury, comfort, and fortified functionality. Prominently placed on a spacious 7385 sq ft lot, with 2450 sq ft of meticulously designed indoor-outdoor living space. Inside you're greeted by beautiful hardwood floors throughout the main living area. Impact-rated doors and windows provide not only durability but also peace of mind, ensuring your entire home is well-protected against the elements and artfully silencing the outside world. Telescoping sliding glass doors open completely for elegant indoor/outdoor living. The exterior boasts Hardie Board siding, a testament to the home's quality construction and reinforcement. Two grand balconies spanning the full width of the home offer breathtaking open water views of the Lower Sugarloaf Sound, providing the perfect setting for enjoying unforgettable sunsets. With a private beach, this home offers direct access to kayaking right from your own backyard. The private dock, which has easily hosted a 32 ft boat, opens up endless opportunities for water activities like deep Atlantic fishing and the Gulfside Backcountry at your fingertips. Relax by the in-ground pool, entertain guests at the tiki bar, or simply unwind on the all-weather Trex composite decking on one of two sunset-facing balconies! For ultimate convenience, this home comes with a 4-person elevator ensuring everyone can enjoy all floors without a single step to climb, covered parking, a storage room, and an oversized garage. The gated yard creates privacy and security around a tranquil, mature oasis. Don't miss the chance to own this waterfront haven with its coveted features, unparalleled views, and a lifestyle most can only dream of. Schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Lynn Wise 305-563-0073,

    Keller Williams Key West Compass Realty,

    Sandra Lee Swan 305-563-0053,

    Keller Williams Key West Compass Realty

    Bought with:

    Stephanie Lynn Wise, 3414367

    Keller Williams Key West Compass Realty

    Sandra Lee Swan, 3414369

    Keller Williams Key West Compass Realty

    Source: FLKMLS,MLS#: 611868MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Pantry, Other, Whirlpool Bath Tub, Walk-In Closet(s), Storage, Elevator, Granite Counters, Utility Room
    • Flooring: Tile, Carpet, Wood
    • Doors: Impact Rstnce Doors
    • Windows: Impact Rstnce Window
    • Attic: Pull Down Stairs
    Interior area
    • Total interior livable area: 2,450 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Covered, Off Street, Garage Door Opener, Attached, Carport
    • Has garage: Yes
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Yes, Accessible Elevator Installed, Parking, Accessible Kitchen
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Storage, Sandy Beach, Outdoor Shower, Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Fiberglass
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water, Bay/Gulf View
    • Has water view: Yes
    • Water view: Ocean,Water,Bay/Gulf View
    • Waterfront features: Oceanfront, Open Water, Gulf Front, Bay Front, Waterfront, Sandy Beach, Dock: Composite
    Lot
    • Size: 7,405 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00160640000000
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1993

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Buyer to Verify

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Community Dockage, Bike Paths, Tennis Court(s), Community Boat Ramp
    Location
    • Region: Key West
    • Subdivision: Bay Point Amd & 1st (15.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: No Seller Finance,Cash,FHA,VA Loan,Conventional

    Price history

    DateEventPrice
    6/4/2025Sold$2,200,000-11.8%$898/sqft
    Source: FLKMLS #611868 Report a problem
    5/20/2025Pending sale$2,494,999$1,018/sqft
    Source: FLKMLS #611868 Report a problem
    4/10/2025Contingent$2,494,999$1,018/sqft
    Source: Key West AOR #611868 Report a problem
    1/17/2025Price change$2,494,999-0.2%$1,018/sqft
    Source: FLKMLS #611868 Report a problem
    4/26/2024Price change$2,499,999-4.8%$1,020/sqft
    Source: Key West AOR #607627 Report a problem
    2/19/2024Price change$2,625,000-0.9%$1,071/sqft
    Source: Key West AOR #607627 Report a problem
    2/2/2024Price change$2,649,570-1.9%$1,081/sqft
    Source: Key West AOR #607627 Report a problem
    1/15/2024Price change$2,699,570-3.4%$1,102/sqft
    Source: Key West AOR #607627 Report a problem
    1/8/2024Price change$2,795,000-1.9%$1,141/sqft
    Source: Key West AOR #607627 Report a problem
    12/1/2023Listed for sale$2,849,000+165%$1,163/sqft
    Source: Key West AOR #607627 Report a problem
    6/29/2016Sold$1,075,000-6.5%$439/sqft
    Source: FLKMLS #123136 Report a problem
    6/6/2016Pending sale$1,150,000+45.8%$469/sqft
    Source: Preferred Properties (KW) #123136 Report a problem
    11/17/2014Sold$789,000-4.9%$322/sqft
    Source: Public Record Report a problem
    8/24/2014Pending sale$829,900$339/sqft
    Source: Preferred Properties #120000 Report a problem
    6/26/2014Listed for sale$829,900+3.8%$339/sqft
    Source: Preferred Properties #120000 Report a problem
    3/13/2014Listing removed$799,500$326/sqft
    Source: Coldwell Banker Schmitt #116761 Report a problem
    4/3/2013Price change$799,500-3.6%$326/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #116761 Report a problem
    7/21/2012Listed for sale$829,000+21.9%$338/sqft
    Source: Coldwell Banker Schmitt #558528 Report a problem
    10/29/2008Sold$680,000-31.9%$278/sqft
    Source: Public Record Report a problem
    5/9/2008Listing removed$999,000$408/sqft
    Source: Homes.com #541740 Report a problem
    4/22/2008Listed for sale$999,000$408/sqft
    Source: Homes.com #541740 Report a problem
    2/27/2008Listing removed$999,000$408/sqft
    Source: NCI #541740 Report a problem
    2/22/2008Price change$999,000-9.1%$408/sqft
    Source: NCI #541740 Report a problem
    1/31/2008Listed for sale$1,099,000+44.6%$449/sqft
    Source: NCI #541740 Report a problem
    3/11/2004Sold$760,000+100%$310/sqft
    Source: Public Record Report a problem
    1/30/2002Sold$380,000+11.8%$155/sqft
    Source: Public Record Report a problem
    8/8/2001Sold$340,000$139/sqft
    Source: Public Record Report a problem
    8/11/1997Sold$340,000$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,361 +8.5%$1,363,573 +8.1%
    2024$11,388 -0.7%$1,260,896 +10%
    2023$11,467 +18.6%$1,146,269 +10%
    2022$9,671 +6.8%$1,042,063 +10%
    2021$9,053 +6.3%$947,330 +7.6%
    2020$8,519 $880,035 +1.5%
    2019$8,519 +1%$867,020 -0.5%
    2018$8,432 -3.2%$871,574 +1.1%
    2017$8,709 +1.9%$862,253 +36%
    2016$8,546 +38.5%$634,209 +0.7%
    2015$6,171 $629,800

    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,193,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,193,000