$270,000
SOLD JAN 12, 2017

1500 Ocean Bay Dr Unit C6 Key Largo, FL 33037

2 Beds
2 Baths
772 Sq Ft
$450/mo HOA Fee

Recently Sold

$350 Per Sq Ft

10% Below List Price

102 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Schwingggg

About This Home

As of May 2025

Updated and remodeled with 2BD/2BA this beautiful townhouse has a lot to offer, a screened terrace looking at the lake, and another terrace in the master bedroom overlooking the serene water view. Nothing to be done, A/C replace in 2008 and washer and dryer inside the unit. Perfect resort for the whole family with many amenities like pools, natural swimming lake, boat ramp, playground, tennis

Last Agent to Sell the Property

Maria Barroso

Coldwell Banker Schmitt Key Largo License #3013424 Listed on: 08/25/2016

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Jamie Engel

Coldwell Banker Schmitt Islamorada License #3125869

Coldwell Banker Schmitt Islamorada

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1975

Lot Details

  • Lake Front
  • Sandy Beach

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 772 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Utility Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Screened Balcony
  • Patio
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00090491-000306

Community Details

Overview

  • $227 Maintenance Fee
  • Association fees include building insurance, security, sewer, common area mnt, cable
  • Kawama Yacht Club Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,043

Year Built

Built in 1975

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 450.00
  • Maintenance Fee: 227.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Fee Includes: Building Insurance, Security, Sewer, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Tennis Courts, Other Area Features, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2043.36
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1975
  • Alternate Key Number: 1102768
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Patio, Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 772.00
  • Pool Info Other Surroundings: YES
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Sash/Screen Window, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Lake Front
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage, Tennis Court(s), Sandy Beach
  • Waterview: Lake View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8,AE9
  • Parcel Number: 00090491-000306
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

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

Range of Values:

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Average Value
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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

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: 571756

Florida Keys Board of REALTORS®

APN: 00090491-000306