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Sold for $722,000
  • $722,000

    1530 Ocean Bay Dr APT 211, Key Largo, FL 33037

    2beds
    1,188sqft
    Condominium
    Built in 1993
    -- sqft lot
    $730,600 Zestimate®
    $608/sqft
    $2,852 Estimated rent

    Home value

    $730,600

    $672,000 - $796,000

    $2,852/mo

    Zestimate® history
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    What's special

    Stunning Ocean View Condo with Top-Tier Amenities and Rental Income Potential! Discover coastal living at its finest in this fully furnished 2-bedroom, 2-bathroom condo boasting 1,188 sq. ft. of thoughtfully designed space. With serene views of the ocean, pool, and marina, this unit is the perfect blend of luxury and convenience, offering an excellent rental history averaging $62,000-$70,000 in annual income. Recently upgraded with new furniture, appliances, bathroom fixtures, fresh paint, new mattresses and luxury vinyl flooring in the bedrooms, this condo is move-in ready. Enjoy the granite and stainless-steel kitchen providing a stylish and functional space for entertaining. Resort-Style Amenities Include: - Gated entry with 24-hour security for peace of mind - On-site marina, sandy beach, fishing pier, and saltwater lagoon - Private swimming pool, tennis courts, and pickleball facilities - Boat ramp with direct ocean access and trailer storage for all your nautical needs - Family-friendly playground - 1 hour from Miami Perfect as a personal getaway or a high-income investment, this property offers the best of both worlds—luxury, convenience, and an unbeatable location. Don't miss your chance to own a slice of paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Kravitz 305-783-7983,

    Coldwell Banker Schmitt Key Largo

    Bought with:

    Philip Kravitz, 3376345

    Coldwell Banker Schmitt Key Largo

    Source: FLKMLS,MLS#: 611248MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Granite Counters, Elevator
    • Flooring: Tile, Vinyl
    • Furnished: Yes
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Chickee Hut, Lighting, Outdoor Kitchen, Sandy Beach, Storage, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground
    • Fencing: Fenced
    • On waterfront: Yes
    Details
    • Additional structures: Gazebo
    • Parcel number: 00090495000211
    • Zoning: UR - Urban Residential Distrit
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS, Concrete
    Condition
    • Year built: 1993

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach
    • Security: Gated with Guard
    • Subdivision: Kawama Tower (100.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
    • HOA fee: $1,265 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $608/sqft
    • Tax assessed value: $585,369
    • Annual tax amount: $4,060
    • Date on market: 8/28/2024
    • Listing terms: No Seller Finance,Cash,Conventional,FHA

    Price history

    DateEventPrice
    2/10/2025Sold$722,000-7.4%$608/sqft
    Source: FLKMLS #611248 Report a problem
    1/17/2025Pending sale$779,999$657/sqft
    Source: FLKMLS #611248 Report a problem
    1/2/2025Price change$779,999-1.3%$657/sqft
    Source: FLKMLS #611248 Report a problem
    10/30/2024Price change$789,999-1.3%$665/sqft
    Source: FLKMLS #611248 Report a problem
    9/27/2024Price change$799,999-1.8%$673/sqft
    Source: FLKMLS #611248 Report a problem
    8/28/2024Listed for sale$815,000+147.7%$686/sqft
    Source: FLKMLS #611248 Report a problem
    4/6/2017Sold$329,000+1.3%$277/sqft
    Source: Public Record Report a problem
    6/29/2016Listing removed$324,900$273/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #A2046353 Report a problem
    5/5/2015Price change$324,900+10.5%$273/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #A2046353 Report a problem
    12/16/2014Price change$294,000-5.2%$247/sqft
    Source: Coldwell Banker Schmitt Key Largo #566068 Report a problem
    11/13/2014Listed for sale$310,000$261/sqft
    Source: Realty World - Freewheeler (Islamorada) #562213 Report a problem
    8/13/2014Pending sale$310,000$261/sqft
    Source: Realty World - Freewheeler (Islamorada) #562213 Report a problem
    7/23/2014Listed for sale$310,000$261/sqft
    Source: Realty World - Freewheeler (Islamorada) #562213 Report a problem
    7/20/2014Pending sale$310,000$261/sqft
    Source: Realty World - Freewheeler (Islamorada) #562213 Report a problem
    6/10/2014Price change$310,000+8.8%$261/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #562213 Report a problem
    11/15/2013Price change$284,900-4.4%$240/sqft
    Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #562213 Report a problem
    10/4/2013Listed for sale$298,000$251/sqft
    Source: CENTURY 21 Schwartz Realty #559844 Report a problem
    8/16/2013Listing removed$298,000$251/sqft
    Source: CENTURY 21 Schwartz Realty #559844 Report a problem
    12/23/2012Listed for sale$298,000+175.9%$251/sqft
    Source: Schwartz Property Sales #559844 Report a problem
    9/11/1995Sold$108,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,579 +5.2%$446,642 +10%
    2024$4,352 +7.2%$406,038 +10%
    2023$4,061 +23%$369,125 +10%
    2022$3,302 +7.4%$335,568 +10%
    2021$3,074 +1.7%$305,062 +2.8%
    2020$3,022 $296,709 +6.2%
    2019$3,022 +4.8%$279,388
    2018$2,884 -1.5%$279,388 +4.4%
    2017$2,927 +8.7%$267,587 +19.6%
    2016$2,693 +7.3%$223,751 +11.8%
    2015$2,509 $200,098
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $730,600
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    Estimated market value
    $730,600