$255,000
SOLD JUL 12, 2016

1500 Ocean Bay Dr Unit F2 Key Largo, FL 33037

2 Beds
1.5 Baths
918 Sq Ft
$245/mo HOA Fee

Recently Sold

$278 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

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

About This Home

As of May 2025

Great deal in Kawama! Priced to sell quickly. Brand new, beautiful staircase just installed. 2 bedrooms upstairs and 1 full bath, balcony overlooking the nature preserve. Screened porch off the master overlooks Lake Kawama. Downstairs screened porch is another perfect location for enjoying lake views. Large porch off kitchen is perfect for BBQ's. Newly remodeled half bath down. Call today!

Last Agent to Sell the Property

Jaclyn Kelley, Broker

Better Homes and Gardens Real Estate Destinations License #3157271 Listed on: 05/11/2016

Better Homes and Gardens Real Estate Destinations

Last Buyer's Agent

Diana Valbuena

Pedrin of Miami Realty, Inc. License #3311963

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1975

Lot Details

  • Lake Front

HOA Fees

  • $245 Monthly HOA Fees

Interior Spaces

  • 918 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Lake Views
  • Monitored
  • Washer

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Electric Gate
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Ramp
  • Screened Balcony
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 00090491-000602

Community Details

Overview

  • $450 Maintenance Fee
  • Association fees include bldg exterior mnt, security, building insurance, common area mnt
  • Kawama Yacht Club Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Community Pool

Pet Policy

  • Pet Restriction: 2 pets

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,214

Year Built

Built in 1975

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Association Fee: 245.00
  • Maintenance Fee: 450.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Fee Includes: Bldg Exterior Mnt, Security, Building Insurance, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: 2 pets
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2213.58
  • Vehicle Storage: Assigned Parking
  • Year Built: 1975
  • Alternate Key Number: 1102911
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Screened P/B, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 918.00
  • Pool Info Other Surroundings: YES
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven
  • Floor: Combo, Vinyl, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp, None, Other Dockage
  • Waterfront: Lake Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Lake View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090491-000602
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 30, 2025
Sold by
Devera Arturo and Devera Maria Elena
Bought by
Castillo Laura Perez and Castillo Henry
Seller's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
Buyer's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
List Price
$859,900
Sold Price
$800,000
Premium/Discount to List
-$59,900
-6.97%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$560,000
Outstanding Balance
$560,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$241,536

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 12, 2016
Sold by
Kasper Andrew T and Kasper Ronald F
Bought by
Devera Arturo and Vera Maria Elena
Seller's Agent
Jaclyn Kelley, Broker
Better Homes and Gardens Real Estate Destinations
Buyer's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Padron Carlos F and Padron Iraida E
Bought by
Kasper Andrew T and Kasper Ronald F

Purchase Details

Closed on
Sep 1, 1982
Bought by
Devera Arturo and Devera Maria Elena

Purchase Details

Closed on
Aug 1, 1979
Bought by
Devera Arturo and Devera Maria Elena
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 $800,000 None Listed On Document
Warranty Deed $800,000 None Listed On Document
Warranty Deed $255,000 Qualified Title Services Llc
Warranty Deed $141,500 Attorney
Warranty Deed $82,000 --
Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Closed $560,000 New Conventional
Previous Owner $401,250 New Conventional
Previous Owner $231,000 New Conventional
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $800,000 -7.0% $871 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $859,900 +237.2% $937 / Sq Ft
07/12/2016 07/12/16 Sold $255,000 -1.9% $278 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $260,000 -- $283 / Sq Ft
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 $3,546 $507,701 -- $507,701
2023 $3,546 $489,479 $0 $489,479
2022 $3,009 $377,257 $0 $377,257
2021 $2,671 $270,657 $0 $270,657
2020 $2,418 $222,866 $0 $222,866
2019 $2,375 $217,207 $0 $217,207
2018 $2,429 $219,789 $0 $0
2017 $2,454 $223,816 $0 $0
2016 $2,253 $203,470 $0 $0
2015 $2,214 $203,470 $0 $0
2014 $2,025 $158,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 570854

Florida Keys Board of REALTORS®

APN: 00090491-000602