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Sold for $750,000
  • $750,000

    1500 Ocean Bay Dr APT H12, Key Largo, FL 33037

    3beds
    927sqft
    Condominium, Residential - Condo/Townhouse, Townhouse
    Built in 1983
    -- sqft lot
    $768,700 Zestimate®
    $809/sqft
    $3,117 Estimated rent

    Home value

    $768,700

    $700,000 - $838,000

    $3,117/mo

    Zestimate® history
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    What's special

    Kawama Corner Townhome - 3-Day Rentals Allowed!Welcome to the private, gated community of Kawama in Key Largo, just off the ocean side at mile marker 100! This beautiful 3-level corner townhome is the perfect getaway, offering the ultimate resort-style living with access to a stunning saltwater swimming lagoon, two pools, tennis courts, a marina, and a long jetty leading into the ocean. Enjoy two sandy beaches, a kiddie playground, picnic areas with tiki huts and BBQs, plus beautifully landscaped grounds that make the community feel like paradise.This spacious townhome features 3 bedrooms and 3 full baths, plus ample parking for 3 cars and a golf cart. Natural light pours in through 4 extra windows, making the entire unit feel bright and airy. The lower level includes a bedroom, family/game room, and full bath, while the second level offers a living room, kitchen, and dining area. The third level features 2 large bedrooms with ample closet space.As one of the few properties in the Upper Keys allowing 3-day minimum rentals, this townhome offers excellent rental potential for those seeking an investment property. Plus, all home insurance is included in the association fees!Whether you're looking for a vacation home or a lucrative rental, this property offers everything you need--fishing, boating, kayaking, paddleboarding, and more. Come experience the Keys lifestyle and make this stunning townhome yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    BJ Born 305-619-0240,

    Real Estate Sales Force, Inc.

    Bought with:

    BJ Born, 3004281

    Real Estate Sales Force, Inc.

    Source: FLKMLS,MLS#: 615233MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Flooring: Tile
    • Windows: Aluminum Frames
    Interior area
    • Total interior livable area: 927 sqft

    Property

    Parking
    • Parking features: Open, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No
    Features
    • Patio & porch: Open Porch/Balcony, Screened P/B
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Salt Ponds
    • Has water view: Yes
    • Water view: Salt Ponds
    • Waterfront features: None, Dockage: None
    Lot
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00090493000400
    • Zoning: RH
    • Zoning description: Residential High

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Townhouse
    • Property subtype: Condominium, Residential - Condo/Townhouse, Townhouse
    Materials
    • CBS, Stucco, Concrete
    • Roof: Metal
    Condition
    • Year built: 1983

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Cable Connected

    Community & neighborhood

    Security
    • Security features: Gated with Guard
    Community
    • Community features: Pool, Beach, Tennis Court(s), Community Boat Ramp, Community Dockage
    Location
    • Region: Key Largo
    • Subdivision: Kawama (100.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $330 monthly
    • Services included: Cable TV, Security, Maintenance Grounds, Building Insurance, Maintenance Structure
    • Second HOA fee: $925 monthly

    Price history

    DateEventPrice
    12/23/2025Sold$750,000-2.1%$809/sqft
    Source: FLKMLS #615233 Report a problem
    11/7/2025Contingent$765,999-4.1%$826/sqft
    Source: Key West AOR #615233 Report a problem
    10/23/2025Price change$799,000+4.3%$862/sqft
    Source: MIAMI #A11817342 Report a problem
    10/23/2025Price change$765,999-4.1%$826/sqft
    Source: FLKMLS #615233 Report a problem
    10/9/2025Price change$798,500-0.1%$861/sqft
    Source: FLKMLS #615233 Report a problem
    9/11/2025Price change$799,000-2%$862/sqft
    Source: Key West AOR #615233 Report a problem
    8/4/2025Listed for sale$815,000-2.4%$879/sqft
    Source: FLKMLS #615233 Report a problem
    7/31/2025Contingent$835,000$901/sqft
    Source: FLKMLS #615233 Report a problem
    7/29/2025Price change$835,000-0.5%$901/sqft
    Source: FLKMLS #615233 Report a problem
    5/29/2025Listed for sale$839,000-1.2%$905/sqft
    Source: FLKMLS #615233 Report a problem
    9/25/2024Listing removed$849,000$916/sqft
    Source: FLKMLS #610665 Report a problem
    7/4/2024Listed for sale$849,000-5.1%$916/sqft
    Source: Key West AOR #610665 Report a problem
    2/17/2024Listing removed--
    Source: Owner Report a problem
    2/13/2024Price change$894,900-5.7%$965/sqft
    Source: Owner Report a problem
    12/28/2023Listed for sale$949,000-3.2%$1,024/sqft
    Source: Owner Report a problem
    11/11/2023Listing removed--
    Source: MIAMI #A11254798 Report a problem
    9/13/2023Listed for sale$980,000-20%$1,057/sqft
    Source: MIAMI #A11254798 Report a problem
    7/26/2023Listing removed--
    Source: MIAMI #A11254798 Report a problem
    6/27/2023Price change$1,225,000+2.1%$1,321/sqft
    Source: MIAMI #A11254798 Report a problem
    12/6/2022Price change$1,200,000+20.1%$1,294/sqft
    Source: MIAMI #A11254798 Report a problem
    8/10/2022Listed for sale$999,000+214.2%$1,078/sqft
    Source: MIAMI #A11254798 Report a problem
    7/9/2018Sold$318,000+116.3%$343/sqft
    Source: FLKMLS #580266 Report a problem
    6/24/2010Sold$147,000-69.1%$159/sqft
    Source: Public Record Report a problem
    6/27/2005Sold$475,000+40.1%$512/sqft
    Source: Public Record Report a problem
    10/15/2003Sold$339,000+213.9%$366/sqft
    Source: Public Record Report a problem
    8/8/2000Sold$108,000$117/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,191 +3%$593,913 +0.9%
    2024$5,040 +4%$588,797 +3%
    2023$4,846 +28.5%$571,648 +70.9%
    2022$3,773 +21.3%$334,402 +10%
    2021$3,110 +8.9%$304,002 +10%
    2020$2,856 $276,365 +3.2%
    2019$2,856 +2.4%$267,709
    2018$2,788 +12.2%$267,709 +4.5%
    2017$2,485 +5.8%$256,193 +5.7%
    2016$2,348 +2.7%$242,485 +62.4%
    2015$2,285 $149,300

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $768,700
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    Estimated market value
    $768,700