$700,000
SOLD MAY 21, 2025

1500 Ocean Bay Dr Unit C6 Key Largo, FL 33037

2 Beds
2 Baths
772 Sq Ft
$359/mo HOA Fee

Recently Sold

$907 Per Sq Ft

15% Below List Price

649 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Dock Available
  • Coral Shores High School Rated A
  • Boat Ramp
  • 1-minute walk to Schwingggg

About This Home

As of May 2025

Salt Life in this Gorgeous 2 Bedroom 2 Bath corner unit Townhouse on the Ocean with amazing views of the Salt Water Lagoon and Mangrove. Spacious corner unit fully Furnished. Great outdoor amenities, 24 Hrs security, onsite marina with the ocean access and docks, private beach, free land boat parking, tennis court, playground, 2 pools and BBQ. Airbnb and Vrbo Allowed

Last Agent to Sell the Property

Marisel Ortiz

Miami Premier Realty License #3324429 Listed on: 08/10/2023

Miami Premier Realty

Last Buyer's Agent

Diana Valbuena

Pedrin of Miami Realty, Inc. License #3311963

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1975

Lot Details

  • Home fronts a lagoon or estuary
  • Ocean Front

HOA Fees

  • $359 Monthly HOA Fees

Property Views

  • Ocean
  • Lagoon

Home Design

  • Elevated Home
  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 772 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Property is near a marina
  • Mangrove Front
  • Dock Available
  • Screened Balcony
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00090491-000306

Community Details

Overview

  • Kawama Yacht Club Condos
  • Kawama Yacht Club Subdivision

Recreation

  • Boat Ramp
  • Yacht Club
  • Boat Dock
  • Marina
  • Private Beach Pavilion
  • Tennis Courts
  • Community Playground
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Security Guard

Additional Features

  • Community Barbecue Grill
  • Maintenance Expense $687

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,638

Year Built

Built in 1975

Lot Details

0

HOA Fees

$359 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 Dock,Community Boat Ramp,Restricted Salt Water Access, Beach,Beach Access,Community Marina,Community Ramp,Dock Available,Marina,Yacht Club
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: KAWAMA YACHT CLUB
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 772
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level, Primary Bedroom Upstairs
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lagoon, Ocean View, Water View
  • Exterior Features: Barbeque, Screened Balcony, Tennis Court(s)
  • Construction Type: Concrete Block With Brick, CBS Construction, Elevated Construction
  • Patio And Porch Features: Deck, Patio, Screened Porch
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lagoon, Mangrove Front, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 359
  • Amenities: Barbecue, Boat Dock, Child Play Area, Heated Pool, Marina, Private Beach Pavilion, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00090491-000306
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 687

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
May 21, 2025
Sold by
Leal Nestor and Leal Agnese
Bought by
Padura Gil Amelia and Padura Roniel Candelaria
Seller's Agent
Marisel Ortiz
Miami Premier Realty
Buyer's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
List Price
$819,000
Sold Price
$700,000
Premium/Discount to List
-$119,000
-14.53%
Views
303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
224.53%
Original Mortgage
$490,000
Outstanding Balance
$490,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$279,127

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jun 21, 2021
Sold by
Wasniak Dana Paul and Powers Edythe D
Bought by
Leal Nestor and Leal Agnese
Seller's Agent
Ralph Viera
Coldwell Banker - Ft. Lauderdale
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$439,000
Sold Price
$455,000
Premium/Discount to List
$16,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$409,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2016
Closed on
Jan 11, 2017
Sold by
Rca 1500 Llc
Bought by
Wasniak Dana Paul and Powers Edythe D
Seller's Agent
Maria Barroso
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$185,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2013
Sold by
Vives Roberto and Vives Carmen J
Bought by
Rca 1500 Llc

Purchase Details

Closed on
May 16, 2003
Sold by
Garcia Reynaldo A and Garcia Piedad
Bought by
Vives Roberto and Vives Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1998
Sold by
Garcia Nereyda J and Garcia Omar
Bought by
Garcia Reynaldo A and Garcia Piedad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1983
Bought by
Rca 1500 Llc

Purchase Details

Closed on
Jun 1, 1983
Bought by
Rca 1500 Llc

Purchase Details

Closed on
Jun 1, 1977
Bought by
Rca 1500 Llc
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 $700,000 None Listed On Document
Warranty Deed $455,000 Attorney
Warranty Deed $270,000 Coastal Title & Closign Serv
Quit Claim Deed -- Attorney
Warranty Deed $240,000 --
Deed $95,000 --
Warranty Deed $78,000 --
Warranty Deed $80,000 --
Deed $41,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 New Conventional
Previous Owner $409,500 New Conventional
Previous Owner $185,000 New Conventional
Previous Owner $192,000 Purchase Money Mortgage
Previous Owner $75,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $700,000 -7.8% $907 / Sq Ft
01/23/2025 01/23/25 Price Changed $759,000 -7.3% $983 / Sq Ft
01/20/2025 01/20/25 For Sale $819,000 +17.0% $1,061 / Sq Ft
01/04/2025 01/04/25 Off Market $700,000 -- --
05/23/2024 05/23/24 Price Changed $819,000 -2.4% $1,061 / Sq Ft
10/01/2023 10/01/23 Price Changed $839,000 -5.7% $1,087 / Sq Ft
08/10/2023 08/10/23 For Sale $890,000 +95.6% $1,153 / Sq Ft
06/22/2021 06/22/21 Sold $455,000 +3.6% $589 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $439,000 -3.5% $569 / Sq Ft
04/08/2021 04/08/21 Off Market $455,000 -- --
01/29/2021 01/29/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $439,000 0.0% $569 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $439,000 +62.6% $569 / Sq Ft
01/12/2017 01/12/17 Sold $270,000 -9.7% $350 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $299,000 0.0% $387 / Sq Ft
07/18/2015 07/18/15 Rented $2,000 0.0% --
07/18/2015 07/18/15 For Rent $2,000 +8.1% --
03/24/2015 03/24/15 Rented $1,850 0.0% --
03/24/2015 03/24/15 For Rent $1,850 -- --
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 $4,296 $529,629 -- $529,629
2023 $4,296 $511,198 $0 $511,198
2022 $3,638 $393,609 $0 $393,609
2021 $2,770 $285,785 $0 $285,785
2020 $2,494 $232,098 $0 $232,098
2019 $2,453 $226,755 $0 $226,755
2018 $2,509 $229,380 $0 $0
2017 $2,228 $228,828 $0 $0
2016 $2,074 $189,265 $0 $0
2015 $2,043 $189,265 $0 $0
2014 $1,814 $131,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11434274

MIAMI REALTORS® MLS

APN: 00090491-000306