$455,000
SOLD JUN 22, 2021

1500 Ocean Bay Dr Unit C6 Key Largo, FL 33037

1 Bed
1 Bath
772 Sq Ft
$470/mo HOA Fee

Recently Sold

$589 Per Sq Ft

4% Above List Price

134 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Beach
  • Coral Shores High School Rated A
  • Dock Facilities
  • 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 with covered front porch, screened back porch off the living room and master bedroom. Second upstairs porch off of second bedroom with a view of the Mangrove, to sit with a glass of wine and watch the Sunset. Open concept with upgraded furnishings, stainless steel appliance. Great outdoor amentias right outside your door; 24Hrs security, onsite marina with ocean access and docks, private beach, free land boat parking, tennis court, playground, 2 pools, BBQ, and Firepit. Unit has a $60K annual rental potential.

Last Agent to Sell the Property

Ralph Viera

Coldwell Banker - Ft. Lauderdale License #3325003 Listed on: 01/04/2021

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $470 Monthly HOA Fees

Property Views

  • Ocean
  • Pond

Home Design

  • Metal Roof

Interior Spaces

  • 772 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Pool

  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Boat Ramp
  • Dock Facilities
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Programmable Thermostat
  • Septic Tank
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00090491-000306

Community Details

Overview

  • $280 Maintenance Fee
  • Association fees include bldg exterior mnt, sewer, security, building insurance, common area mnt, cable
  • Kawama Yacht Club Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,770

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 470.00
  • Maintenance Fee: 280.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Sewer, Security, Building Insurance, Common Area Mnt, Cable
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Tennis Courts, Community Boat Ramp, Community Pool, Bike Paths
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2770.18
  • Vehicle Storage: Guest Parking, Trailer Storage, Vehicle Restrictions, Open Parking
  • Year Built: 1975
  • Alternate Key Number: 1102768
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Decked, In Ground
  • Porch Balcony: Deck, Screened Patio, Roof Top Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 772.00
  • Pre Wired: Cable
  • G F Interior Features: CFL, LED Lighting, Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: Boat Ramp, Dock Privileges
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Tennis Court(s), Sandy Beach, Outdoor Shower, Fencing, Lighting, Gazebo
  • Roof: Metal Roof
  • Waterview: Ocean View, Salt Ponds
  • Pool: Yes

Utilities

  • Security: Electric Gate, Manned Gate
  • Utilities: Cable Available, Septic Tank

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00090491-000306
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

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
-1.56%
Original Mortgage
$490,000
Outstanding Balance
$490,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$208,023

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: Florida Keys Board of REALTORS®

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: Florida Keys Board of REALTORS®

MLS Number: 594066

Florida Keys Board of REALTORS®

APN: 00090491-000306