Skip main navigation
Sold for $800,000
  • $800,000

    1500 Ocean Bay Dr APT S3, Key Largo, FL 33037

    3beds
    925sqft
    Townhouse
    Built in 1983
    -- sqft lot
    $810,000 Zestimate®
    $865/sqft
    $3,502 Estimated rent

    Home value

    $810,000

    $697,000 - $940,000

    $3,502/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,502/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,502/mo

    Rent Zestimate®

    Refinance and save

    $5,991/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,991/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area along with two patios - one open & one screened; and the top floor includes two more bedrooms and a full bath along with another screened patio. The beautiful & private Kawama Yacht Club offers several heated pools, saltwater swimming lagoons, oceanfront sandy beaches, jetty with gazebo, boat ramp, on site boat storage, tennis, playground, multiple picnic areas and access to a deep water harbor. This gated community is professionally managed and has 24 hour manned security. Short term rentals allowed - this townhome is fully furnished and in an active rental program. You can live here full time, seasonally or use when you like and rent while you're away! Centrally located to all Key Largo has to offer including the famous Key Largo Fisheries, bars, restaurants, shopping, diving, fishing and more. Close to everything but US1!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorie Rhyne Leal 305-942-6044,

    American Caribbean Real Estate, Christie's International Real Estate

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 614569MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave
    • Laundry: Laundry Room
    Features
    • Bar
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 925
    • Total interior livable area: 925 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Features
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Details
    • Parcel number: 00090493005500
    • Zoning: SR - Sub Urban Residential District

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse
    Materials
    • Concrete
    Condition
    • Year built: 1983

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach
    • Security: Security Gate, Gated with Guard
    • Subdivision: Kawama (100.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Pest Control, Maintenance Structure, Insurance, Common Area Mnt, Security
    • HOA fee: $925 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $865/sqft
    • Tax assessed value: $538,204
    • Annual tax amount: $4,791
    • Date on market: 4/10/2025

    Price history

    DateEventPrice
    6/4/2025Sold$800,000-3%$865/sqft
    Source: FLKMLS #614569 Report a problem
    4/16/2025Contingent$825,000$892/sqft
    Source: FLKMLS #614569 Report a problem
    4/10/2025Listed for sale$825,000+48.6%$892/sqft
    Source: Key West AOR #614569 Report a problem
    9/29/2021Sold$555,000-2.6%$600/sqft
    Source: FLKMLS #597043 Report a problem
    8/3/2021Contingent$570,000$616/sqft
    Source: FLKMLS #597043 Report a problem
    7/26/2021Listed for sale$570,000+62.9%$616/sqft
    Source: FLKMLS #597043 Report a problem
    3/27/2020Sold$350,000-10%$378/sqft
    Source: Public Record Report a problem
    6/11/2015Listing removed$389,000$421/sqft
    Source: The K Company Realty, LLC. #564182 Report a problem
    5/11/2015Price change$389,000+34.6%$421/sqft
    Source: 5 County Real Estate, Inc. #564182 Report a problem
    5/1/2015Listed for sale$289,000-25.7%$312/sqft
    Source: 5 County Real Estate, Inc. #564182 Report a problem
    3/18/2015Listing removed$389,000$421/sqft
    Source: 5 County Real Estate, Inc. #564182 Report a problem
    2/2/2015Price change$389,000-4%$421/sqft
    Source: 5 County Real Estate, Inc. #564182 Report a problem
    8/23/2014Price change$405,000-5.6%$438/sqft
    Source: 5 County Real Estate, Inc. #564182 Report a problem
    6/13/2014Price change$429,000-2.3%$464/sqft
    Source: 5 County Real Estate, Inc. #564182 Report a problem
    5/2/2014Listed for sale$439,000+174.4%$475/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #564182 Report a problem
    7/9/2001Sold$160,000$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,907 +2.4%$538,204
    2024$4,791 +4.9%$538,204 +3.9%
    2023$4,569 +10.3%$518,062 +7.3%
    2022$4,141 +50.5%$482,813 +67.5%
    2021$2,752 +130%$288,229 +111.4%
    2020$1,196 $136,368 +2.3%
    2019$1,196 +2.5%$133,303 +1.9%
    2018$1,167 +1.2%$130,818 +2.1%
    2017$1,153 +2.8%$128,128 +2.1%
    2016$1,122 -0.4%$125,493 +0.7%
    2015$1,126 $124,621
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
    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
    $810,000
    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
    $810,000