Skip main navigation
Sold for $830,000
  • $830,000

    1530 Ocean Bay Dr APT 304, Key Largo, FL 33037

    2beds
    1,188sqft
    Condominium
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $699/sqft
    $2,763 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,763/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,763/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

    $2,763/mo

    Rent Zestimate®

    Refinance and save

    $5,303/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

    $5,303/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

    Tennis courtsSaltwater lagoonTurnkey furnishingsPrivate sandy beachBoat rampOn-site securityHeated pools
    Agent is also the owner. This property is being sold with over 100 5 STAR reviews on VRBO. This many reviews take years to attain. Kawama Tower is one of the very few communities in Key Largo that legally allows short-term daily rentals, making this an exceptional investment opportunity with strong passive-income potential. This property has generated over $110,000 per year in rental income for the last 3 years . Kawama Tower is approved for DSCR loans that are based solely on potential rental income. Contact Listing agent/ Owner for details. This beautifully updated 2-bedroom, 2-bath condo with a great view has been fully remodeled by a professional interior designer, offering a modern coastal aesthetic, turnkey furnishings, and a spacious layout ideal for both personal enjoyment and rental guests. Located in an oceanfront, gated resort community, this unit offers marina views and access to premium amenities including a private sandy beach, saltwater lagoon, heated pools, tennis courts, playground, boat ramp, on-site security, and more. Highlights: Fully renovated 2/2 with designer finishes Oceanfront community with marina views One of the few Key Largo neighborhoods permitting short-term rentals Turnkey and ready for immediate occupancy or rental Resort amenities: pools, lagoon, beach, tennis, boat ramp, 24/7 security Gated community at MM 100, close to Pennekamp, dining, and shopping This is a rare opportunity to own a high-performing, short-term rental in one of the most desirable oceanfront communities in the Upper Keys.

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Valbuena 305-721-5775,

    Pedrin of Miami Realty, Inc.

    Bought with:

    Rudy Sardina, 3340311

    Seaside Realty, LLC

    Source: FLKMLS,MLS#: 619532MLS 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, Elevator, Quartz Countertops
    • Flooring: Vinyl
    • Furnished: Yes
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Built-in Barbecue, Chickee Hut, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground
    Details
    • Parcel number: 00090495000304
    • Zoning: UR - Urban Residential Distrit

    Construction

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

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Gated with Guard, Fire Sprinkler System
    • Subdivision: Kawama Tower (100.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV
    • HOA fee: $1,440 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $699/sqft
    • Tax assessed value: $599,880
    • Annual tax amount: $5,027
    • Date on market: 4/16/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/28/2026Sold$830,000-3.5%$699/sqft
    Source: FLKMLS #619532 Report a problem
    7/9/2026Pending sale$859,900$724/sqft
    Source: Key West AOR #619532 Report a problem
    4/16/2026Listed for sale$859,900+134.6%$724/sqft
    Source: FLKMLS #619532 Report a problem
    8/24/2017Sold$366,500-7.2%$309/sqft
    Source: FLKMLS #572321 Report a problem
    2/22/2017Price change$395,000-5.7%$332/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #572321 Report a problem
    10/12/2016Listed for sale$419,000+1%$353/sqft
    Source: Coldwell Banker Schmitt Key Largo #572321 Report a problem
    7/28/2004Sold$415,000+419.4%$349/sqft
    Source: Public Record Report a problem
    12/28/1994Sold$79,900$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,028 +7%$493,200 +10%
    2024$4,699 +7.1%$448,364 +10%
    2023$4,388 +22.8%$407,604 +10%
    2022$3,572 +7.2%$370,549 +10%
    2021$3,332 +1.5%$336,863 +2.5%
    2020$3,284 $328,766 +5.9%
    2019$3,284 +4.7%$310,377
    2018$3,138 -1.5%$310,377 +45.6%
    2017$3,186 +34.7%$213,099 +2.4%
    2016$2,366 +0.6%$208,062 +14.4%
    2015$2,351 $181,907
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.