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Sold for $750,000
    • $750,000

    1500 Ocean Bay Dr APT H5, Key Largo, FL 33037

    2beds
    918sqft
    Condominium
    Built in 1975
    -- sqft lot
    $758,900 Zestimate®
    $817/sqft
    $2,528 Estimated rent

    Home value

    $758,900

    $653,000 - $880,000

    $2,528/mo

    Zestimate® history

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    What's special

    Oceanfront grills and firepitsSerene lagoon viewsFully furnished unitGated oceanfront community
    REDUCED !!!!! GREAT DEAL!!! Welcome to Unit H5 at Kawama Yacht Club -- a beautifully updated 2-story, 2 bed / 2 bath townhouse offering 918 sq ft of turnkey living space. Adjacent to the pool area with serene lagoon views, this fully furnished unit is vacation rental-friendly with proven income history. Located in a gated oceanfront community with premium amenities including: 2 Swimming pools Private saltwater lagoon for kayaking, swimming & beach relaxation Large tiki hut for events & gatherings Tenis/ Pickle Courts Private marina with deeded slips Oceanfront grills & firepits HOA covers exterior maintenance, insurance, pest control & more. Weekly rentals allowed. Minutes from top fishing, diving, and dining spots -- live the Key Largo lifestyle or invest in paradise! Text Listing agent for showings

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Labarraque 786-402-7505,

    Real Estate Sales Force - Coral Gables

    Bought with:

    Diana Valbuena, 3311963

    Pedrin of Miami Realty, Inc.

    Source: FLKMLS,MLS#: 616611MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Full bathroom
    • Level: Main
    Full bathroom
    • Level: Second
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Ice Maker
    Features
    • Granite Counters
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 918
    • Total interior livable area: 918 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio, Screened Patio
    • Exterior features: Chickee Hut, Sandy Beach, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Details
    • Parcel number: 00090491000805
    • Zoning: MF - Multi-Family Attached

    Construction

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

    Utilities & green energy

    • Electric: Optical
    • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Features: Community Dockage, Community Boat Ramp, Manager on Premises, Beach
    • Security: Security Gate, Gated with Guard, Security Guard
    • Subdivision: Kawama (100.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security, Other
    • HOA fee: $771 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $817/sqft
    • Tax assessed value: $578,807
    • Annual tax amount: $3,706
    • Date on market: 4/6/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/2/2026Sold$750,000-3.2%$817/sqft
    Source: FLKMLS #616611 Report a problem
    7/30/2026Pending sale$774,500$844/sqft
    Source: FLKMLS #616611 Report a problem
    5/21/2026Price change$774,500-0.1%$844/sqft
    Source: Key West AOR #616611 Report a problem
    12/11/2025Price change$774,900-3%$844/sqft
    Source: Key West AOR #616611 Report a problem
    10/6/2025Price change$799,000-2%$870/sqft
    Source: FLKMLS #616611 Report a problem
    9/25/2025Listed for sale$815,000+219.6%$888/sqft
    Source: FLKMLS #616611 Report a problem
    5/15/2017Sold$255,000-1.9%$278/sqft
    Source: FLKMLS #574936 Report a problem
    3/28/2017Listed for sale$260,000+225%$283/sqft
    Source: Century 21 Schwartz Realty (KL) #574936 Report a problem
    8/5/1998Sold$80,000$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,217 +13.8%$346,397 +10%
    2024$3,707 +7.5%$314,906 +10%
    2023$3,447 +17.7%$286,278 +10%
    2022$2,927 +12.6%$260,253 +10%
    2021$2,601 +10.4%$236,594 +10%
    2020$2,355 $215,085
    2019$2,355 -0.1%$215,085 -1.2%
    2018$2,357 -2.2%$217,641 +131.2%
    2017$2,411 +132.9%$94,128 +2.1%
    2016$1,035 -0.4%$92,192 +0.7%
    2015$1,039 $91,551
    Find assessor info on the county website

    Neighborhood: 33037

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    Estimated market value

    $758,900

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    Estimated market value

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