1500 Ocean Bay Dr Unit B3 Key Largo, FL 33037
2
Beds
2
Baths
748
Sq Ft
$330/mo
HOA Fee
Highlights
- Ocean Front
- Boat Ramp
- Sandy Beach
- Coral Shores High School Rated A
- Beach
- 1-minute walk to Schwingggg
About This Home
As of February 2025Turn-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
Industrial Realty Partners License #3071269 Listed on: 12/04/2024
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
- <<OvenToken>>
- <<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
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%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,189
Avg. Annual Appreciation
-12.38%
Original Mortgage
$560,000
Outstanding Balance
$558,596
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$199,215
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
Similar Homes in Key Largo, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
9 Total Sales
-
Diana Valbuena
Buyer's Agent in 2025
Diana Valbuena
Pedrin of Miami Realty, Inc.
(305) 721-5775
17 Total Sales
-
Dominic Scheer
D
Seller's Agent in 2024
Dominic Scheer
INMO Brokers Group, LLC.
(305) 699-9861
3 Total Sales
-
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
259 Total Sales
-
T
Buyer's Agent in 2018
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 612532
APN: 00090491-000203
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