Bay Point Trailer Park 1st Add Homes for Sale

Bay Point Trailer Park 1st Add is a residential community in Key West, Florida.

Pure Equity Realty covers Bay Point Trailer Park 1st Add and the Key West area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Bay Point Trailer Park 1st Add Key West homes for sale as of October 2026. The median asking price is $499,000. Asking prices run from $399,000 to $599,000.

That is 59% below the Key West median of $1.23M. On a per-foot basis, homes here ask about $730 per square foot, compared with $967 across Key West. So the median price buys roughly 700 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 95 days on the market. That is faster than the Key West average of 323 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Bay Point Trailer Park 1st Add date from 1964 to 1966. That puts them between 60 and 62 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Bay Point Trailer Park 1st Add price means in Florida closing terms. At $499,000, a 20% down payment comes to about $100,000, leaving a loan near $399,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,397. Next, the intangible tax of 0.2% adds about $798. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Bay Point Trailer Park 1st Add median, that is about $3,493.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Bay Point Trailer Park 1st Add listings show assignments to Sugarloaf (elementary), Sugarloaf (middle) and Key West (high). However, boundaries can change each year, so confirm the assignment for a specific address with the county school district.