1 Blue Water Drive, Saddlebunch, FL 33040

$208,000

Property Type: Vacant Land Lot Size (sq. ft.): 8,750 Status: Closed

Current Price: $208,000 List Date: 6/22/2026 Last Modified: 8/28/2026

Overview

Description

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 in ... (Read more)

Listing Details MLS# 620365

Location, Tax & Legal

Street #: Yes
Street Name: Blue Water
Street Suffix: Drive
Key/Island: Saddlebunch
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Saddlebunch Shores (14.0)
Area: 06 - Bay Point to Sugarloaf
City: Saddle Bunch
Mile Marker: 14
Marathon Neighborhood: N/A
Side: Bay/Gulf
Alternate Key #: 1204846
Parcel #: 00159280000000
Zoning: IS - Improved Subivision District
Deed Restrictions: No
Legal: Lot 1 Saddlebunch Shores Saddlebunch Keys Pb3-115 Or553-812 Or873-2472 Or2738-1932 Or2738-1934 Or2738-1937 Or2976-1991 O
Taxes: 1620.63
Tax Year: 2025

Contract Information

Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 2
Lot Dimensions: X
Lot SqFt: 8750
Total Lots: Yes
Survey Available: Yes
Vegetation Survey: Yes

Status Change Info

Under Contract Date: 2026-06-25
Sold Date: 2026-07-13

Miscellaneous Info

Mobile Home Lot: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: 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.
Directions: MM 14, turn onto Blue water drive, right at the fork of the road.

Assoc/Misc Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

None: Yes
Other Dockage: Yes

Tax Exemptions

None: Yes

Waterfront

Canal Front: Yes
Open Water: Yes

Waterview

Canal View: Yes
Open Water View: Yes

Location/Site

Cleared Site: Yes
Corner Lot: Yes
Mangrove: Yes
Paved Street: Yes
Water Frontage: Yes
Other See Remarks: Yes

Existing Utilities

Other Utilities: Yes
Sewer: Yes
Solar Power: Yes
Water Meter: Yes
Other See Remarks: Yes

BuildingPermit

Applied For Permit: Yes

Land Size

Less Than 1/4 Acre: Yes

Title

Negotiable: Yes

Property Features

Tax Exemptions: None Waterfront: Canal Front; Open Water Dockage: None; Other Dockage Waterview: Canal View; Open Water View Existing Utilities: Other Utilities; Sewer; Solar Power; Water Meter; Other See Remarks BuildingPermit: Applied For Permit Land Size: Less Than 1/4 Acre Title: Negotiable

Listing Office: Expert Realty LLC (HQ)

Last Updated: August - 28 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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