Discover your slice of paradise at Kawama Yacht Club in Key Largo! This beautiful 2/2 property offers stunning water views and comes fully equipped and tastefully decorated. Ideal for short-term rentals, it's already generating significant booking revenue, providing investors with an excellent return on investment opportunity. Additionally, the community features a pool, 24-hour security, beach access, and a marina. Internet and cable are included. Located in a Florida paradise for tourists, this property offers around-the-clock relaxation and adventure. Don't miss out on this golden investment opportunity
Sold for $740,000
$740,000
1500 Ocean Bay Dr APT E6, Key Largo, FL 33037
2beds
766sqft
Townhouse
Built in 1975
-- sqft lot
$720,200 Zestimate®
$966/sqft
$2,681 Estimated rent
Home value
$720,200
$670,000 - $771,000
$2,681/mo
Zestimate® history
Owner options
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$2,681/mo
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$2,681/mo
Rent Zestimate®
Refinance and save
$5,453/mo
Est. payment
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$5,453/mo
Est. payment
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List your homeWhat's special
Beach accessStunning water views
Zillow last checked:
Listing updated:
Listed by:
Claudia Arbelaez 786-286-3167,
Invirtiendo En USA, LLC
Bought with:
NON-MLS MEMBER
MAR NON MLS MEMBER
Source: MIAMI,MLS#: A11553113
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Refrigerator
Features
- Flooring: Carpet, Ceramic Tile
- Doors: High Impact Doors
- Furnished: Yes
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 766
- Total interior livable area: 766 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces
- Garage spaces: 2
Features
- Entry location: First Floor Entry
- Patio & porch: Open Porch, Patio
- Exterior features: Balcony, Other
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Lake, Lake Privileges, Waterfront
Details
- Parcel number: 00090491000506
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Concrete Block Construction, Stucco
Condition
- Year built: 1975
Community & neighborhood
Security
- Security features: Security Guard, Security Service, TV Camera
Location
- Region: Key Largo
- Subdivision: Kawama Yacht Club
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,017 monthly
- Amenities included: Bar, Basketball Court, Marina, None
Other fees
- Application fee: $0
- Pet fee: $0
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2024 | Sold | $740,000-9.6%$966/sqft |
Source:  MIAMI #A11553113 Report a problem | ||
| 6/27/2024 | Pending sale | $819,000$1,069/sqft |
Source: MIAMI #A11553113 Report a problem | ||
| 5/13/2024 | Contingent | $819,000$1,069/sqft |
Source: MIAMI #A11553113 Report a problem | ||
| 4/30/2024 | Price change | $819,000-1.2%$1,069/sqft |
Source: MIAMI #A11553113 Report a problem | ||
| 4/18/2024 | Price change | $829,000-0.6%$1,082/sqft |
Source: MIAMI #A11553113 Report a problem | ||
| 3/25/2024 | Price change | $833,900-1.8%$1,089/sqft |
Source: MIAMI #A11553113 Report a problem | ||
| 3/19/2024 | Listed for sale | $849,000+102.1%$1,108/sqft |
Source: MIAMI #A11553113 Report a problem | ||
| 10/7/2021 | Sold | $420,000+122.2%$548/sqft |
Source: Public Record Report a problem | ||
| 4/9/2014 | Sold | $189,000$247/sqft |
Source:  FLKMLS #562878 Report a problem | ||
| 12/19/2013 | Listed for sale | $189,000+53.9%$247/sqft |
Source: Schwartz Property Sales #562878 Report a problem | ||
| 11/4/2011 | Listing removed | $122,800$160/sqft |
Source: isNowListed.com Report a problem | ||
| 11/3/2011 | Listed for sale | $122,800-11.5%$160/sqft |
Source: isNowListed.com Report a problem | ||
| 5/30/2011 | Listing removed | $138,800$181/sqft |
Source: Visual Tour #553491 Report a problem | ||
| 2/24/2011 | Listed for sale | $138,800+13%$181/sqft |
Source: Visual Tour #553491 Report a problem | ||
| 2/9/2011 | Sold | $122,800$160/sqft |
Source: Public Record Report a problem | ||
| 12/22/2010 | Price change | $122,800-11.5%$160/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #553491 Report a problem | ||
| 11/20/2010 | Listed for sale | $138,800$181/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #553491 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,649 +30.6% | $609,530 +38.7% |
| 2024 | $4,324 +7.8% | $439,539 +10% |
| 2023 | $4,010 +17.7% | $399,581 +10% |
| 2022 | $3,406 +30.2% | $363,255 +51.7% |
| 2021 | $2,617 +10.1% | $239,404 +10% |
| 2020 | $2,376 | $217,640 +2.4% |
| 2019 | $2,376 +1.6% | $212,637 -1.1% |
| 2018 | $2,337 -2.2% | $215,092 -1% |
| 2017 | $2,390 +1.5% | $217,313 +14.8% |
| 2016 | $2,355 +5.6% | $189,265 |
| 2015 | $2,229 | $189,265 |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 6.1 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 8.5 mi
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Estimated market value
$720,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$720,200
- Florida
- Monroe County
- Key Largo
- 33037
- 1500 Ocean Bay Dr Apartment E6
Nearby cities
Nearby zip codes
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