$735,000
SOLD AUG 2, 2024

1500 Ocean Bay Dr Unit B3 Key Largo, FL 33037

2 Beds
2 Baths
748 Sq Ft
$1,017/mo HOA Fee

Recently Sold

$983 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Up to 20-Foot Boat
  • Coral Shores High School Rated A
  • Private Dock
  • 1-minute walk to Schwingggg

About This Home

As of February 2025

Amazing townhome in coveted Kawama Yacht Club available to make your Florida Keys home a reality! This 2 bedroom 2 bathroom unit comes fully furnished and can be your turn-key income-producing short term rental, or your family's keys getaway. Fully remodeled down to the studs, impact windows, new A/C in 2019, custom kitchen and bathrooms, and has the community pool and lagoon right behind it. Guarded gate with security patrol. Community has 2 pools and a large lagoon and a private marina with community boat storage (first come first serve) and boat ramp. Community also has fire pits and bbq grills by the water. Plenty of parking. This unit truly needs nothing, just bring your toys and come enjoy the keys laid back lifestyle! Golf cart is included with the sale! Buyer to Verify HOA fees.

Last Agent to Sell the Property

Dominic Scheer

INMO Brokers Group, LLC. License #3475606 Listed on: 06/15/2024

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Home fronts a lagoon or estuary
  • South Facing Home

HOA Fees

  • $1,017 Monthly HOA Fees

Property Views

  • Lagoon
  • Pool

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 748 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Open Floorplan
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Parking Available
  • Golf Cart Parking

Outdoor Features

  • Beach Access
  • Fishing Pier
  • Property is near a marina
  • Unrestricted saltwater access
  • No Wake Zone
  • Boat Ramp
  • Up to 20-Foot Boat
  • Private Dock
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00090491-000203

Community Details

Overview

  • Kawama Yacht Club Condos
  • Kawama Yacht Club Subdivision

Amenities

  • Community Barbecue Grill
  • Bike Room

Recreation

  • Boat Ramp
  • Yacht Club
  • Boat Dock
  • Marina
  • Community Cabanas
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • 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

$1,017 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Directions: GPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Ramp,Unrestricted Salt Water Access, 0 to 20 Ft Boat,Beach,Beach Access,Common Dock,Community Marina,Community Ramp,Fishing Pier,Marina,No Wake Zone,Other Water Access,Parking,Private Dock,Ramp,Water Available,Yacht Club
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: KAWAMA YACHT CLUB
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Family Room, Florida Room, Loft, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 748
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Family Room, Florida Room, Loft, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lagoon, Pool Area View, Water View
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Deck, Screened Porch
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KAWAMA YACHT CLUB
  • Parking Features: 1 Space, 2 Or More Spaces, Golf Cart Parking

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Smoke Detector, Complex Fenced, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1017
  • Amenities: Barbecue, Bike Storage, Boat Dock, Cabana, Fishing Pier, Marina, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 00090491-000203
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3600

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
6
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

Similar Homes in Key Largo, FL

  • 1500 Ocean Bay Dr Unit H-12, Key Largo, FL 33037

    $839,000

    • 3 Beds
    • 3 Baths
    • 927 Sq Ft
    • 1500 Ocean Bay Dr
    • Unit H-12
    • Key Largo, FL

    Kawama Corner Townhome - 3-Day Rentals Allowed!Welcome to the private, gated community of Kawama in Key Largo, just off the ocean side at mile marker 100! This beautiful 3-level corner townhome is the perfect getaway, offering the ultimate resort-style living with access to a stunning saltwater swimming lagoon, two pools, tennis courts, a marina, and a long jetty leading into the ocean. Enjoy two

    BJ Born Real Estate Sales Force, Inc.

    Section Image
  • 1500 Ocean Bay Dr Unit M6, Key Largo, FL 33037

    $879,000

    • 3 Beds
    • 3 Baths
    • 920 Sq Ft
    • 1500 Ocean Bay Dr
    • Unit M6
    • Key Largo, FL

    Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater

    Gladys Cornell Century 21 Circle- Islamorada

    Section Image
  • 1500 Ocean Bay Dr Unit B8, Key Largo, FL 33037

    $749,900

    • 2 Beds
    • 2 Baths
    • 764 Sq Ft
    • 1500 Ocean Bay Dr
    • Unit B8
    • Key Largo, FL

    Turn-Key Investment Property in coveted Kawama Yacht Club!! This corner unit, 2 bedroom 2 bath unit comes fully furnished. Short Term Rentals are allowed with the Monroe County Exception. Offset your expense of owning your Florida Keys Home and make your Dreams a Reality. Pool view with Lagoon are just a few steps away from your porch. This corner unit property sits in one of the best

    Jorge Ruiz Xcellence Realty Independent, Inc.

    Section Image
  • 1500 Ocean Bay Dr Unit S3, Key Largo, FL 33037

    $825,000

    • 3 Beds
    • 3 Baths
    • 925 Sq Ft
    • 1500 Ocean Bay Dr
    • Unit S3
    • Key Largo, FL

    Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • 9860 Leeward Ave, Key Largo, FL 33037

    $754,900

    • 2 Beds
    • 2 Baths
    • 1,029 Sq Ft
    • 9860 Leeward Ave
    • Key Largo, FL

    Experience breathtaking sunsets from this fully remodeled 2-bedroom, 2-bathroom condo in the gated Landings of Largo, community. Every detail has been thoughtfully updated, featuring a modern coastal kitchen, stylish bathrooms, and an open, light-filled layout that leads to a spacious balcony perfect for soaking in the views. Enjoy top-tier amenities, including a private boat ramp, pool, gym,

    Alexander Pinero Pine River Realty, LLC

    Section Image
  • 97652 Overseas Hwy Unit 10, Key Largo, FL 33037

    $650,000

    • 2 Beds
    • 2 Baths
    • 1,130 Sq Ft
    • 97652 Overseas Hwy
    • Unit 10
    • Key Largo, FL

    Seller says SELL, SELL, SELL! PRICE REDUCED $130,000! Spotless home - Mrs. Clean lives here. From the time you enter through the smoked glass impact door (all doors are impact), you experience the calming setting of tranquil blue bay waters and 14 acres of woodland wonder. Two bedrooms, two full tiled baths, newly remodeled kitchen with granite counters, stainless steel appliances all

    Judy O'Hara Tropical America Realty Florida Keys, Inc.

    Section Image
  • 97501 Overseas Hwy Unit 705, Key Largo, FL 33037

    $895,000

    • 3 Beds
    • 3.5 Baths
    • 2,260 Sq Ft
    • 97501 Overseas Hwy
    • Unit 705
    • Key Largo, FL

    Exactly what you're looking for! A Florida Keys vacation home where you can make happy memories with family & friends AND earn income when you can't be there. Resort-style living awaits you & your guests at Mariners Club, an ocean-front gated community in the heart of Key Largo. Two beautiful pools, deep water marina, beach, tennis, indoor and outdoor pickle ball, gym and a club house add up to

    Christy Hughes Coldwell Banker Schmitt Islamorada

    Section Image
  • 97501 Overseas Hwy Unit 206, Key Largo, FL 33037

    $848,000

    • 3 Beds
    • 3 Baths
    • 1,754 Sq Ft
    • 97501 Overseas Hwy
    • Unit 206
    • Key Largo, FL

    Fully Furnished 3 Bed, 3 Bath, 3 Story, Triple Screened Balcony/Porch Townhome 1 Car Garage in Oceanfront Resort Community, Mariner's Club! Ground Patio has access to garage. 24/7 sec, access to protected deep water OCEANFRONT MARINA/Dock master (slips/dry boat stge rentals subj to avail via HOA), 2 pools/hot tubs overlooking the marina and ocean views, fishing pier, sandy picnic area,

    Brenda Aldana Real Estate of Florida Broward

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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: MIAMI REALTORS® MLS

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11607658

MIAMI REALTORS® MLS

APN: 00090491-000203