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Sold for $740,000
    • $740,000

    1500 Ocean Bay Dr APT C5, Key Largo, FL 33037

    2beds
    772sqft
    Townhouse
    Built in 1975
    772 Square Feet Lot
    $712,500 Zestimate®
    $959/sqft
    $2,797 Estimated rent

    Home value

    $712,500

    $648,000 - $791,000

    $2,797/mo

    Zestimate® history
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    What's special

    Direct ocean accessPrivate beachBoat rampBarbeque areasCommunity marinaTiki pavilionBoat-trailer storage area
    BEAUTIFUL OCEAN SIDE KAWAMA YACHT CLUB 2 Bedroom 2 Bath Townhome, Solid CBS Construction. EXCELLENT RENTAL OPPORTUNITY-Can Rent every 2 Days, projected yearly Rental Income $85,000. Community Marina and Boat Ramp, also Boat-Trailer storage area. Direct Ocean Access to World Class Fishing and Diving in minutes. Kawama's amenities include: 2 Pools, Tiki Pavilion, Barbeque areas, Tennis, Firepit, Playground, Private Beach. Security 24-hour Man Gated, patrolled. Easy access to Downtown Miami, South Beach, and Miami International Airport, Islamorada, Marathon, Key West. Kawama Paradise Awaits.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Cloud 305-396-7844,

    Water Vista Realty, Inc.

    Bought with:

    Dan Cloud, 3144777

    Water Vista Realty, Inc.

    Source: FLKMLS,MLS#: 612168MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
    Features
    • Storage
    • Flooring: Tile, Laminate
    • Furnished: Yes
    Interior area
    • Total structure area: 772
    • Total interior livable area: 772 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Screened Patio
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Lot
    • Size: 772 Square Feet
    Details
    • Parcel number: 00090491000305
    • Zoning: RM-1 - Residential Medium - 1

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Community Boat Ramp, Manager on Premises, Beach
    • Security: Security Gate, Gated with Guard, Security Guard
    • Subdivision: Kawama Yacht Club (100.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Maintenance Structure, Insurance, Common Area Mnt, Security
    • HOA fee: $1,100 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $959/sqft
    • Tax assessed value: $565,330
    • Annual tax amount: $3,427
    • Date on market: 11/8/2024
    • Listing terms: No Seller Finance,Cash,Conventional

    Price history

    DateEventPrice
    1/3/2025Sold$740,000-2.5%$959/sqft
    Source: FLKMLS #612168 Report a problem
    12/1/2024Contingent$759,000$983/sqft
    Source: Key West AOR #612168 Report a problem
    11/8/2024Listed for sale$759,000+186.4%$983/sqft
    Source: Key West AOR #612168 Report a problem
    5/12/2017Sold$265,000-3.6%$343/sqft
    Source: FLKMLS #575103 Report a problem
    2/21/2017Price change$274,900-1.5%$356/sqft
    Source: RE/MAX Presidential Aventura #A10158791 Report a problem
    9/29/2016Price change$279,000-1.4%$361/sqft
    Source: RE/MAX Presidential Aventura, Inc. #571928 Report a problem
    9/8/2016Price change$283,000-0.7%$367/sqft
    Source: RE/MAX Presidential Aventura, Inc. #571928 Report a problem
    8/24/2015Listed for sale$285,000+44.7%$369/sqft
    Source: Barbara Eads Realty #568292 Report a problem
    11/22/2002Sold$197,000+113%$255/sqft
    Source: Public Record Report a problem
    8/8/2000Sold$92,500$120/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,183 +13.5%$347,609 +10%
    2024$3,686 +7.5%$316,008 +10%
    2023$3,428 +17.7%$287,280 +10%
    2022$2,912 +12%$261,164 +10%
    2021$2,599 +10.1%$237,422 +10%
    2020$2,361 $215,838 +2.6%
    2019$2,361 +1.8%$210,361 -1.1%
    2018$2,319 -2.2%$212,734 +4.1%
    2017$2,370 +12.2%$204,448 +8%
    2016$2,112 +3.5%$189,265
    2015$2,041 $189,265
    Find assessor info on the county website

    Neighborhood: 33037

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    Estimated market value
    $712,500
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    Estimated market value
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