$800,000
SOLD FEB 4, 2025

1500 Ocean Bay Dr Unit B3 Key Largo, FL 33037

2 Beds
2 Baths
748 Sq Ft
$330/mo HOA Fee

Recently Sold

$1,070 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • Gated with Attendant

About This Home

As of February 2025

Turn-Key Investment Property!!Amazing Fully Renovated townhome in coveted Kawama Yacht club. This 2 bedroom 2 bath unit comes fully furnished. Fully remodeled to the studs, newer A/C (2019), impact windows, custom kitchen and bathrooms. Short Term Rentals allowed with Monroe County Exception. Offset your expense of owning your Florida Keys Home and make your Dreams a Reality.Pool view with Lagoon a few steps away.

Last Agent to Sell the Property

Alberto Ocana

Industrial Realty Partners License #3071269 Listed on: 12/04/2024

Last Buyer's Agent

Diana Valbuena

Pedrin of Miami Realty, Inc. License #3311963

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 748 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Guest Parking
  • Open Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Ramp
  • Balcony
  • Deck
  • Screened Patio
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Programmable Thermostat
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00090491-000203

Community Details

Overview

  • $687 Maintenance Fee
  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, sewer
  • Kawama Yacht Club Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,600

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 330.00
  • Maintenance Fee: 687.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Sewer
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3599.78
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1975
  • Alternate Key Number: 1102644
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio, Roof Top Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 748.00
  • Pre Wired: Cable
  • G F Interior Features: Tankless Hot Wtr Htr, LED Lighting, Dual Flush, Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Smoke Alarms, Granite Counter Top, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut, Tennis Court(s), Sandy Beach
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: Water Separate Meter, Cable Available, Elect Separate Meter
  • Heating: Electric, Hot Water, Heat Pump

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00090491-000203
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Feb 4, 2025
Sold by
1500 Ocean Bay B3 Llc
Bought by
Gonzalez Roniel Candelaria and Padura Gil Amelia
Seller's Agent
Alberto Ocana
Industrial Realty Partners
Buyer's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
List Price
$840,000
Sold Price
$800,000
Premium/Discount to List
-$40,000
-4.76%
Total Days on Market
5
Views
8
Current Estimated Value
$758,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,040
Avg. Annual Appreciation
-15.17%
Original Mortgage
$560,000
Outstanding Balance
$558,596
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$200,364

Purchase Details

Listed on
Jun 15, 2024
Closed on
Aug 5, 2024
Sold by
Scheer Edwin and Acurio Vanessa
Bought by
1500 Ocean Bay B3 Llc
Seller's Agent
Dominic Scheer
INMO Brokers Group, LLC.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$729,000
Sold Price
$735,000
Premium/Discount to List
$6,000
0.82%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%

Purchase Details

Listed on
Oct 11, 2018
Closed on
Dec 11, 2018
Sold by
Bourne Henry
Bought by
Scheer Edwin
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.26%
Original Mortgage
$228,000
Interest Rate
4.8%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Acosta Jorge Alberto and Acosta Rosalie Bain
Bought by
Bourne Henry Jaime

Purchase Details

Closed on
Mar 4, 2004
Sold by
Jacobo Miguel E and Jacobo Gloria A
Bought by
Acosta Jorge and Acosta Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1977
Bought by
Bourne Henry
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Warranty Deed $800,000 None Listed On Document
Warranty Deed $735,000 None Listed On Document
Warranty Deed $285,000 Coral Reef Title Co
Quit Claim Deed $92,700 Attorney
Warranty Deed $240,000 Union Title Services Inc
Deed $40,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Closed $560,000 New Conventional
Previous Owner $228,000 No Value Available
Previous Owner $228,000 New Conventional
Previous Owner $216,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $800,000 -4.8% $1,070 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $840,000 +14.3% $1,123 / Sq Ft
08/02/2024 08/02/24 Sold $735,000 +0.8% $983 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $729,000 +155.8% $975 / Sq Ft
12/11/2018 12/11/18 Sold $285,000 -5.0% $381 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $299,900 -- $401 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,600 $511,596 -- $511,596
2023 $3,600 $493,822 $0 $493,822
2022 $3,052 $380,134 $0 $380,134
2021 $2,722 $276,158 $0 $276,158
2020 $2,468 $228,970 $0 $228,970
2019 $2,471 $228,970 $0 $228,970
2018 $2,158 $190,946 $0 $0
2017 $2,062 $189,727 $0 $0
2016 $2,041 $189,265 $0 $0
2015 $2,013 $189,265 $0 $0
2014 $1,786 $131,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alberto Ocana

    Seller's Agent in 2025

    Alberto Ocana

    Industrial Realty Partners

    (305) 962-0434

    8 Total Sales

    Alberto Ocana
    Section Image
  • Diana Valbuena

    Buyer's Agent in 2025

    Diana Valbuena

    Pedrin of Miami Realty, Inc.

    (305) 721-5775

    16 Total Sales

    Diana Valbuena
    Section Image

  • D

    Seller's Agent in 2024

    Dominic Scheer

    INMO Brokers Group, LLC.

    (305) 699-9861

    3 Total Sales

    Dominic Scheer
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • Terry Canto

    Seller's Agent in 2018

    Terry Canto

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 394-3037

    290 Total Sales

    Terry Canto
    Section Image

  • T

    Buyer's Agent in 2018

    Terry Canto,Top Producer

    American Caribbean Real Estate, Christie's International Real Estate

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 612532

Florida Keys Board of REALTORS®

APN: 00090491-000203

Florida Monroe County Key Largo 33037

1500 Ocean Bay Dr Unit B3, Key Largo, FL

This home is located at 1500 Ocean Bay Dr Unit B3, Key Largo, FL 33037 and is currently priced at $800,000, approximately $1,069 per square foot. This property was built in 1975. 1500 Ocean Bay Dr Unit B3 is a home located in Monroe County with nearby schools including Key Largo School and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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