$749,900
$85K PRICE DROP

1500 Ocean Bay Dr Unit B8 Key Largo, FL 33037

Estimated payment $4,515/month

Total Views 6,885
2 Beds
2 Baths
764 Sq Ft
$982 Price per Sq Ft

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Open Floorplan
  • Coral Shores High School Rated A
  • Gated Community
  • 1-minute walk to Schwingggg

About This Home

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!

Listing Agent

Jorge Ruiz

Xcellence Realty Independent, Inc. Listed on: 03/31/2025

Xcellence Realty Independent, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Lake Front

Property Views

  • Ocean
  • Lake

Interior Spaces

  • 764 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Family Room
  • Living Room
  • Screened Porch

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Heated In Ground Pool
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Kawama Yacht Club Association
  • Kawama Yacht Club Community
  • Smoking Allowed in Building

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,386

Year Built

Built in 1975

Lot Details

0

Listing Details

  • ApartmentType: Townhouse
  • BuildingCommunityGated: Yes
  • BuildingCommunityLaundry: Yes
  • BuildingCommunityPetsAllowed: Yes
  • BuildingCommunityPool: Yes
  • BuildingCommunitySecurity: Yes
  • BuildingCommunitySmokingAllowed: Yes
  • BuildingCommunityTennis: Yes
  • Building Style: Townhouse
  • Corner Lot: Yes
  • ExteriorScreenedPorch: Yes
  • ExteriorTennis: Yes
  • FloorCarpet: Yes
  • FloorTile: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatFuelElectric: Yes
  • HeatTypeForcedAir: Yes
  • InteriorAmps: 0
  • IsFurnished: Yes
  • KitchenCounterType: Other
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 795000
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PoolHeated: Yes
  • PoolInground: Yes
  • PropertyCity: Key Largo
  • Property Class: 200
  • Prop. Type: Condo
  • PropertyZipCode: 33037
  • PropertyZoneType: 0
  • Renovation Year: 0
  • Family Room: Yes
  • First Floor Bathroom: Yes
  • Kitchen: Yes
  • Laundry Room: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: FL
  • ViewLake: Yes
  • ViewOcean: Yes
  • ViewStreet: Yes
  • WaterfrontLake: Yes
  • WaterfrontOcean: Yes
  • WaterSourceType: Municipal
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • ApplianceDishwasher: Yes
  • ApplianceDryer: Yes
  • ApplianceGarbageDisposal: Yes
  • ApplianceMicrowave: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • ApplianceWasher: Yes
  • BasementAreaSquareFootage: 0
  • Kitchen Type: Open
  • Fireplaces: 0
  • Number of Rooms: 0
  • Living Room: Yes
  • AboveArea Sq Ft: 764

Exterior Features

  • Has Pool: Yes
  • Waterfront Property: Yes

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 771
  • HOA Name: Kawama Yacht Club
  • Units in Building: 0
  • Community Name: Kawama Yacht Club

Association/Amenities

  • HomeOwnersAssociationOrPlannedUnitDevelopment: Yes

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 2
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
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
03/22/2021 03/22/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $435,000 -- $569 / Sq Ft
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Xcellence Title Llc
Warranty Deed $185,000 --
Warranty Deed $163,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $88,000 --
Warranty Deed $87,500 --
Deed $77,500 --
Quit Claim Deed $100 --
Deed $43,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $329,000 Unknown
Previous Owner $94,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $148,000 New Conventional
Previous Owner $95,000 New Conventional
Source: Public Records

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Source: My State MLS

MLS Number: 11460635

APN: 00090491-000208