Don't miss this wonderful opportunity to own an oceanfront condo located on the top floor of the tower in the desirable Kawama Yacht Club! Short term rentals are allowed....this unit has rental history! Whether you are seeking an excellent rental investment, a weekend escape, or a permanent residence, this 2 bedroom, 2 bathroom condominium offers everything you need! Enjoy the stunning ocean and marina views outside your private oceanfront balcony. Boat Slip with a 22K lb boat lift also negotiable! The spacious, open floor plan allows ample room for all your family and guests. The Beautifully, well-maintained, updated kitchen offers granite countertops and stainless steel appliances. Private laundry, new A/C, fully updated, turn-key and Fully furnished. The amenities are endless..including a private pool for owners located in the tower only, as well as an additional pool on the property. Kids will enjoy the playground! Relax on the oceanfront beach and truly enjoy all the amenities the club has to offer including a boat ramp, tennis/pickleball court, marina, jetty for fishing, and boat/trailer storage as well as storage for kayaks and paddleboards. In the center of the complex you will find a swimming lagoon along with a nature trail. Look no further for the perfect condominium in the heart of Key Largo! Approximately 1 hour to Miami, surrounded by 5 star restaurants, shopping, and more!
Sold for $832,000
$832,000
1530 Ocean Bay Dr APT 501, Key Largo, FL 33037
2beds
1,188sqft
Condominium, Residential - Condo/Townhouse
Built in 1993
-- sqft lot
$857,800 Zestimate®
$700/sqft
$3,036 Estimated rent
Home value
$857,800
$789,000 - $935,000
$3,036/mo
Zestimate® history
Owner options
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$3,036/mo
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$3,036/mo
Rent Zestimate®
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$4,991/mo
Est. payment
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$4,991/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Heather N Born 305-394-0716,
Real Estate Sales Force, Inc.,
BJ Born 305-619-0240,
Real Estate Sales Force, Inc.
Bought with:
Michelle Rusch, 3438097
LoKation Real Estate
Source: FLKMLS,MLS#: 611000
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Features
- Granite Counters, Bar, Storage, Elevator, Entrance Foyer, Utility Room
- Flooring: Tile
- Doors: Sliding Glass Doors
- Windows: Drapes/Blinds Incl, Impact Rstnce Window, Accordion
- Furnished: Yes
Interior area
- Total interior livable area: 1,188 sqft
Property
Parking
- Parking features: Open, Covered, Off Street, Guest
- Has uncovered spaces: Yes
Features
- Levels: 5 Stories
- Stories: 5
- Patio & porch: Open Porch/Balcony
- Exterior features: Built-in Barbecue, Tennis Court(s), Storage, Sandy Beach, Lighting
- Has private pool: Yes
- Pool features: In Ground, Decked, Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Harbor/Marina View
- Has water view: Yes
- Water view: Ocean,Harbor/Marina View
- Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dockage: Boat Ramp
Lot
- Size: 1.8 Acres
- Features: 10 or more Acres
Details
- Additional structures: Chickee Hut
- Parcel number: 00090495000501
- Zoning: UR
- Zoning description: Urban Residential Distrit
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- CBS, Concrete
- Roof: Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA, Cable Available, Cable Connected
Community & HOA
Community
- Features: Pool, Bike Paths, Other, Beach, Fire Hydrant, Manager on Premises, Tennis Court(s), Community Boat Ramp, Community Dockage
- Security: Gated with Guard, Patrolled Area
- Subdivision: Kawama Tower (100.0)
HOA
- Has HOA: Yes
- Services included: Cable TV, Security, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Pest Control, Sewer
- HOA fee: $1,224 monthly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $700/sqft
- Tax assessed value: $704,869
- Annual tax amount: $5,128
- Date on market: 8/5/2024
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2024 | Sold | $832,000-7%$700/sqft |
Source:  FLKMLS #611000 Report a problem | ||
| 10/15/2024 | Pending sale | $895,000$753/sqft |
Source: FLKMLS #611000 Report a problem | ||
| 9/28/2024 | Contingent | $895,000$753/sqft |
Source: FLKMLS #611000 Report a problem | ||
| 8/15/2024 | Price change | $895,000-13.9%$753/sqft |
Source: FLKMLS #611000 Report a problem | ||
| 8/5/2024 | Listed for sale | $1,040,000+195.5%$875/sqft |
Source: FLKMLS #611000 Report a problem | ||
| 8/8/2014 | Sold | $352,000-10.9%$296/sqft |
Source: Public Record Report a problem | ||
| 6/12/2014 | Listed for sale | $395,000+170.7%$332/sqft |
Source: Coldwell Banker Schmitt Key Largo #564509 Report a problem | ||
| 10/3/1995 | Sold | $145,900$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,416 +17% | $704,869 +29.5% |
| 2024 | $5,483 +6.9% | $544,476 +10% |
| 2023 | $5,128 +22.5% | $494,978 +10% |
| 2022 | $4,185 +6.8% | $449,980 +10% |
| 2021 | $3,918 +1.7% | $409,073 +2.7% |
| 2020 | $3,852 | $398,251 +1.5% |
| 2019 | $3,852 +1.1% | $392,515 |
| 2018 | $3,810 +1.6% | $392,515 +14.7% |
| 2017 | $3,751 +10.1% | $342,333 +12.5% |
| 2016 | $3,406 +5.6% | $304,328 +7.1% |
| 2015 | $3,226 | $284,230 |
Find assessor info on the county website
Neighborhood: 33037
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Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 6.3 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 8.3 mi
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Estimated market value
$857,800
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Estimated market value
$857,800
- Florida
- Monroe County
- Key Largo
- 33037
- 1530 Ocean Bay Dr Apartment 501
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