Skip main navigation
Sold for $845,000
    • $845,000

    1500 Ocean Bay Dr #M6, Key Largo, FL 33037

    3beds
    920sqft
    Townhouse
    Built in 1983
    -- sqft lot
    $784,000 Zestimate®
    $918/sqft
    $3,500 Estimated rent

    Home value

    $784,000

    $713,000 - $870,000

    $3,500/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,500/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

    $3,500/mo

    Rent Zestimate®

    Refinance and save

    $5,665/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

    $5,665/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

    Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater lagoon for swimming and kayaking, marina, boat ramp, tennis/pickleball courts, playground for children, beach area with firepits great for family gatherings and a jetty perfect for watching sunrises and sunsets. Short term rentals are permitted and this unit has a profitable history of rentals. Great place for full time living, as a vacation home or short term rental income opportunity

    Zillow last checked:

    Listing updated:

    Listed by:

    Gladys Cornell,

    Century 21 Circle- Islamorada

    Bought with:

    Century 21 Circle- Islamorada

    Source: FLKMLS,MLS#: 615177MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Flooring: Tile, Concrete
    • Furnished: Yes
    Interior area
    • Total structure area: 920
    • Total interior livable area: 920 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony, Screened Patio
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Details
    • Parcel number: 00090493003100
    • Zoning: SR - Sub Urban Residential District

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1983

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: 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, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
    • HOA fee: $340 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $918/sqft
    • Tax assessed value: $507,512
    • Annual tax amount: $3,912
    • Date on market: 5/27/2025

    Price history

    DateEventPrice
    8/4/2025Sold$845,000-3.9%$918/sqft
    Source: FLKMLS #615177 Report a problem
    6/6/2025Contingent$879,000$955/sqft
    Source: Key West AOR #615177 Report a problem
    5/27/2025Listed for sale$879,000+244.7%$955/sqft
    Source: FLKMLS #615177 Report a problem
    6/22/2013Listing removed$255,000$277/sqft
    Source: Esslinger-Wooten-Maxwell, Inc #M1464279 Report a problem
    1/26/2011Listed for sale$255,000$277/sqft
    Source: Esslinger-Wooten-Maxwell, Inc #M1464279 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,183 +6.9%$380,999 +10%
    2024$3,913 +7.6%$346,363 +10%
    2023$3,635 +9.6%$314,875 +10%
    2022$3,318 +20.7%$286,250 +10%
    2021$2,749 +8.6%$260,227 +10%
    2020$2,530 $236,570 +4.5%
    2019$2,530 +4.9%$226,400
    2018$2,412 +2.8%$226,400 -5.1%
    2017$2,346 +2.5%$238,601 +5.6%
    2016$2,289 +2.8%$225,879 +51.3%
    2015$2,227 $149,300
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby homes

    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
    $784,000
    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
    $784,000

    Nearby cities

    Nearby zip codes

    Other Key Largo Topics

      Search
      Updates
      Favorites
      Plan
      Inbox