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Sold for $2,600,000
  • $2,600,000

    1525 Ocean Bay Dr, Key Largo, FL 33037

    3beds
    3,363sqft
    Single Family Residence
    Built in 1994
    2.3 Acres Lot
    $2,307,400 Zestimate®
    $773/sqft
    $7,643 Estimated rent

    Home value

    $2,307,400

    $2.01M - $2.65M

    $7,643/mo

    Zestimate® history
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    $7,643/mo

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    $15,720/mo

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    What's special

    Ocean views
    Truly rare find with ocean views in a park like setting. Where privacy is the ultimate perk. Boat slip 35 feet with lift in protected marina adjacent to house. accessible via your own private road.Concrete and steel bunker offers peace of mind. House is able to withstand maximum category storms.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Gaviria 786-298-1110,

    Diversified Realty Exchange, LLC

    Bought with:

    Jorge Gaviria

    Diversified Realty Exchange, LLC

    Source: FLKMLS,MLS#: 614457MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Electric, Hot Water
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Wine Cooler, Microwave, Oven, Refrigerator, Dishwasher
    Features
    • Flooring: Wood, Parquet
    • Windows: Aluminum Frames, Accordion
    Interior area
    • Total interior livable area: 3,363 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Yes
    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Oceanfront, Waterfront, Dock Length: 30, Dockage: Boat Lift
    Lot
    • Size: 2.30 Acres
    • Features: 2 Less Than 5 Acres
    Details
    • Parcel number: 00090400000200
    • Zoning: NA
    • Zoning description: Native Area District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Metal
    Condition
    • Year built: 1994

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Key Largo
    • Subdivision: Unplatted MM 97 - 107 (98.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: Sewer

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    6/20/2025Sold$2,600,000+4.4%$773/sqft
    Source: FLKMLS #614457 Report a problem
    5/7/2025Pending sale$2,490,000$740/sqft
    Source: FLKMLS #614457 Report a problem
    4/6/2025Listed for sale$2,490,000$740/sqft
    Source: FLKMLS #614457 Report a problem
    4/6/2025Pending sale$2,490,000$740/sqft
    Source: FLKMLS #614457 Report a problem
    4/3/2025Listed for sale$2,490,000-49.7%$740/sqft
    Source: FLKMLS #614457 Report a problem
    2/1/2025Listing removed$4,950,000$1,472/sqft
    Source: FLKMLS #608740 Report a problem
    2/14/2024Listed for sale$4,950,000+365.9%$1,472/sqft
    Source: FLKMLS #608740 Report a problem
    5/27/2015Sold$1,062,500-3.4%$316/sqft
    Source: FLKMLS #566817 Report a problem
    5/8/2015Price change$1,100,000-8.3%$327/sqft
    Source: Realty World - Freewheeler (Islamorada) #564611 Report a problem
    4/30/2015Price change$1,200,000+9.1%$357/sqft
    Source: Realty World Freewheeler #A2041903 Report a problem
    4/9/2015Price change$1,100,000-8.3%$327/sqft
    Source: MLS Direct #A2041903 Report a problem
    4/3/2015Price change$1,200,000+9.1%$357/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #A2041903 Report a problem
    3/29/2015Price change$1,100,000-8.3%$327/sqft
    Source: Listhub #A2041903 Report a problem
    2/28/2015Price change$1,200,000+9.1%$357/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #A2041903 Report a problem
    2/17/2015Price change$1,100,000-15.3%$327/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #A2041903 Report a problem
    1/11/2015Price change$1,299,000-3.8%$386/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #A2041903 Report a problem
    9/30/2014Price change$1,350,000-6.9%$401/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #A2041903 Report a problem
    6/24/2014Listed for sale$1,450,000+1.8%$431/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #A2041903 Report a problem
    6/12/2013Listing removed$1,425,000$424/sqft
    Source: Marr Properties, Inc. #555913 Report a problem
    10/16/2012Price change$1,425,000-13.6%$424/sqft
    Source: Marr Properties, Inc. #559193 Report a problem
    6/3/2012Price change$1,650,000-7%$491/sqft
    Source: Marr Properties Inc. #555913 Report a problem
    1/27/2012Price change$1,775,000-6.6%$528/sqft
    Source: Marr Properties, Inc. #555913 Report a problem
    12/9/2011Price change$1,900,000-5%$565/sqft
    Source: Marr Properties, Inc. #555913 Report a problem
    10/26/2011Price change$1,999,999-10.1%$595/sqft
    Source: Marr Properties, Inc. #555913 Report a problem
    9/24/2011Listed for sale$2,225,000+39.1%$662/sqft
    Source: Marr Properties, Inc. #555913 Report a problem
    6/5/2006Sold$1,600,000$476/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,900 +5.1%$1,075,869 +2.9%
    2024$8,468 +3.4%$1,045,549 +3%
    2023$8,190 +6.6%$1,015,097 +3%
    2022$7,680 -2.2%$985,532 +3%
    2021$7,853 +0.8%$956,828 +1.4%
    2020$7,791 $943,618 +2.3%
    2019$7,791 +2.2%$922,403 +1.9%
    2018$7,624 +0%$905,205 +2.1%
    2017$7,622 +2.3%$886,587 +2.1%
    2016$7,449 -1.4%$868,352 -2.5%
    2015$7,555 $891,038

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,307,400
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    Estimated market value
    $2,307,400