NOT LISTED FOR SALE

1500 Ocean Bay Dr Unit B8 Key Largo, FL 33037

Key Largo Area

Estimated Value: $653,000 - $804,000

2 Beds
2 Baths
764 Sq Ft
$967/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2025

Last sale price $733,900 $961 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,108 / mo

75 Days on Market

Highlights

  • Doorman
  • Marina
  • Property has ocean access
  • Coral Shores High School Rated A
  • Boat Ramp
  • Community Cabanas

About This Home

As of September 2025

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 locations in Kawama. Priced to sell! Don't miss your opportunity!

Last Agent to Sell the Property

Jorge Ruiz

Xcellence Brokerage Phone: 786-953-2173 License #3236606 Listed on: 05/28/2025

Xcellence

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1975

Lot Details

  • Home fronts a lagoon or estuary
  • End Unit

HOA Fees

  • $687 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 764 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Storage Room
  • Lagoon Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Shower

Laundry

  • Laundry in Utility Room
  • Dryer

Parking

  • 2 Car Parking Spaces
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Beach Access
  • No Fixed Bridges
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00090491-000208

Community Details

Overview

  • Kawama Yacht Club Condos
  • Kawama Yacht Club Subdivision

Amenities

  • Doorman
  • Community Barbecue Grill

Recreation

  • Boat Ramp
  • Marina
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Cabanas
  • Heated Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Complex Is Fenced

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,723

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

HOA Fees

$687 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Ramp,Unrestricted Salt Water Access, Beach,Community Ramp
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: KAWAMA YACHT CLUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 786-953-2173
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Living Area: 764
  • Possible Use: Secondary
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lagoon, Other View
  • Exterior Features: Barbeque
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Kawama Yacht Club
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Open, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced, Doorman, Card Entry

Condo/Co-op/Association

  • Association Fee: 687
  • Amenities: Barbecue, Cabana, Child Play Area, Heated Pool, Marina, Pickleball, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00090491-000208

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4723

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Sep 15, 2025
Sold by
Bought by
Seller's Agent
Jorge Ruiz
Xcellence
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$749,900
Sold Price
$733,900
Premium/Discount to List
-$16,000
-2.13%
Views
20
Current Estimated Value
$738,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,050
Avg. Annual Appreciation
0.80%
Original Mortgage
$587,120
Interest Rate
0.0672%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2021
Closed on
Mar 25, 2021
Sold by
Bought by
Seller's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Creative Technology
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$340,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
0.0601%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 1999
Sold by
Bought by

Purchase Details

Closed on
May 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1976
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$733,900 Coral Reef Title
$425,000 New Title Company Name
$185,000 --
$163,000 --
$88,000 --
-- --
-- --
$87,500 --
$77,500 --
$100 --
$43,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $587,120
Closed $340,000
Previous Owner $94,000
Previous Owner $329,000
Previous Owner $250,000
Previous Owner $148,000
Previous Owner $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $733,900 0.0% $961 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $733,900 -0.1% $961 / Sq Ft
06/27/2025 06/27/25 Price Changed $734,900 -2.0% $962 / Sq Ft
05/28/2025 05/28/25 For Sale $749,900 +76.4% $982 / Sq Ft
03/31/2021 03/31/21 Sold $425,000 -2.3% $556 / Sq Ft View Prior Sale
03/22/2021 03/22/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $435,000 -- $569 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,723 $637,249 $637,249
2024 $4,386 $542,727 $542,727
2023 $4,386 $523,822 $0 $523,822
2022 $3,711 $403,118 $0 $403,118
2021 $2,617 $283,325 $0 $283,325
2020 $2,271 $204,776 $0 $204,776
2019 $2,266 $204,776 $0 $204,776
2018 $2,212 $207,137 $0 $0
2017 $2,115 $205,349 $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

  • Jorge Ruiz

    Seller's Agent in 2025

    Jorge Ruiz

    Xcellence

    (786) 953-2173

    5 Total Sales

    Jorge Ruiz
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • V

    Seller's Agent in 2021

    Vanessa J. Chamizo, Professional Agent

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11811146

MIAMI REALTORS® MLS

APN: 00090491-000208

Florida Monroe County Key Largo 33037

1500 Ocean Bay Dr Unit B8, Key Largo, FL

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