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Sold for $832,000
  • $832,000

    1530 Ocean Bay Dr APT 501, Key Largo, FL 33037

    2beds
    1,188sqft
    Condominium
    Built in 1993
    -- sqft lot
    $860,500 Zestimate®
    $700/sqft
    $3,044 Estimated rent

    Home value

    $860,500

    $800,000 - $929,000

    $3,044/mo

    Zestimate® history
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    Owner options

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    $3,044/mo

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    $3,044/mo

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    $5,410/mo

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    $5,410/mo

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    What's special

    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!

    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 - Pompano Beach

    Source: FLKMLS,MLS#: 611000MLS 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, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
    Features
    • Granite Counters, Elevator, Storage, Bar
    • Flooring: Tile
    • 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
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Built-in Barbecue, Chickee Hut, Lighting, Sandy Beach, Storage, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 1.8 Acres
    Details
    • Parcel number: 00090495000501
    • Zoning: UR - Urban Residential Distrit

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS, Concrete
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1993

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Community Dockage, Community Boat Ramp, Manager on Premises, Fire Hydrant, Beach, Other, Bike Paths
    • Security: Gated with Guard, Security 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: $1,224 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

    DateEventPrice
    10/30/2024Sold$832,000-7%$700/sqft
    Source: FLKMLS #611000 Report a problem
    10/15/2024Pending sale$895,000$753/sqft
    Source: FLKMLS #611000 Report a problem
    9/28/2024Contingent$895,000$753/sqft
    Source: FLKMLS #611000 Report a problem
    8/15/2024Price change$895,000-13.9%$753/sqft
    Source: FLKMLS #611000 Report a problem
    8/5/2024Listed for sale$1,040,000+195.5%$875/sqft
    Source: FLKMLS #611000 Report a problem
    8/8/2014Sold$352,000-10.9%$296/sqft
    Source: Public Record Report a problem
    6/12/2014Listed for sale$395,000+170.7%$332/sqft
    Source: Coldwell Banker Schmitt Key Largo #564509 Report a problem
    10/3/1995Sold$145,900$123/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $860,500
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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
    $860,500