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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
    $2,368,400 Zestimate®
    $773/sqft
    $7,931 Estimated rent

    Home value

    $2,368,400

    $2.04M - $2.75M

    $7,931/mo

    Zestimate® history
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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, 438860

    Source: FLKMLS,MLS#: 614457MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: Third
    • Area: 1350 Square Feet
    • Dimensions: 30 x 45
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Refrigerator, Oven, Microwave, Wine Cooler
    Features
    • Flooring: Wood, Parquet
    Interior area
    • Total structure area: 3,363
    • Total interior livable area: 3,363 sqft

    Property

    Features
    • On waterfront: Yes
    Lot
    • Size: 2.3 Acres
    Details
    • Parcel number: 00090400000200
    • Zoning: NA - Native Area District

    Construction

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

    Community & HOA

    Community
    • Subdivision: Unplatted MM 97 - 107 (98.0)
    HOA
    • Has HOA: No
    • Services included: Sewer
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $773/sqft
    • Tax assessed value: $3,065,198
    • Annual tax amount: $8,468
    • Date on market: 4/6/2025
    • 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
    $2,368,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,368,400