$750,000
SOLD MAY 21, 2025

1500 Ocean Bay Dr Unit G8 Key Largo, FL 33037

2 Beds
2 Baths
918 Sq Ft
$771/mo HOA Fee

Recently Sold

$817 Per Sq Ft

1% Below List Price

17 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Gated with Attendant
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Schwingggg

About This Home

As of May 2025

Charming 2-Bed, 2-Bath Unit in the Highly Desirable Kawama Yacht Club!Located in a prime spot just steps away from the pool and lagoon beach, this unit is perfect for your next investment! Ready to kickstart your rental business with great potential for weekly rentals. Enjoy access to fantastic amenities including a marina, trailer storage, private ocean beach area with tiki huts, two pools, and a playground. Don't miss out on this incredible opportunity in a sought-after location!

Last Agent to Sell the Property

BJ Born

Real Estate Sales Force, Inc. License #3004281 Listed on: 04/05/2025

Last Buyer's Agent

Diana Valbuena

Pedrin of Miami Realty, Inc. License #3311963

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1975

Lot Details

  • Sandy Beach

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 918 Sq Ft Home
  • Blinds
  • Tile Flooring
  • Pond Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00090491-000708

Community Details

Overview

  • $340 Maintenance Fee
  • Association fees include bldg exterior mnt, security, common area mnt
  • Kawama Yacht Club Subdivision

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,618

Year Built

Built in 1975

Lot Details

0

HOA Fees

$771 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 771.00
  • Maintenance Fee: 340.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3617.90
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1975
  • Alternate Key Number: 1103063
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 918.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Sandy Beach
  • Roof: Metal Roof
  • Waterview: Salt Ponds
  • Pool: Yes

Utilities

  • Security: Manned Gate, Patrolled Area
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090491-000708
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2025
Closed on
May 20, 2025
Sold by
Roberts Gregory Neal and Roberts Carolyn
Bought by
Navarro Yasmany Marrero
Seller's Agent
BJ Born
Real Estate Sales Force, Inc.
Buyer's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
List Price
$760,000
Sold Price
$750,000
Premium/Discount to List
-$10,000
-1.32%
Views
95
Current Estimated Value
$771,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,675
Avg. Annual Appreciation
9.31%
Original Mortgage
$518,420
Outstanding Balance
$517,502
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$254,173

Purchase Details

Closed on
May 26, 2011
Sold by
Furones Emiliano and Furones Marlene
Bought by
Roberts Gregory Neal and Roberts Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Pizarro Milton and Pizarro Monica
Bought by
Furones Emiliano and Furones Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,100
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2002
Bought by
Roberts Gregory Neal and Roberts Carolyn

Purchase Details

Closed on
Apr 28, 2000
Bought by
Roberts Gregory Neal and Roberts Carolyn

Purchase Details

Closed on
May 3, 1994
Sold by
Rosa Delaguila Miguel and Rosa Maria Del Aguila
Bought by
Vinicio Franco Marco and Franco Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
7.81%

Purchase Details

Closed on
May 1, 1986
Bought by
Roberts Gregory Neal and Roberts Carolyn

Purchase Details

Closed on
Nov 1, 1983
Bought by
Roberts Gregory Neal and Roberts Carolyn

Purchase Details

Closed on
Aug 1, 1977
Bought by
Roberts Gregory Neal and Roberts Carolyn
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 $740,600 None Listed On Document
Warranty Deed $131,000 Sunshine Title Of The Keys I
Warranty Deed $369,000 Express Title Svcs Group Inc
Warranty Deed $185,000 --
Warranty Deed $88,000 --
Warranty Deed $71,500 --
Warranty Deed $62,500 --
Warranty Deed $73,000 --
Deed $38,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,420 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $104,800 New Conventional
Previous Owner $340,000 Unknown
Previous Owner $332,100 Purchase Money Mortgage
Previous Owner $275,500 Unknown
Previous Owner $57,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $750,000 -1.3% $817 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/05/2025 04/05/25 For Sale $760,000 -- $828 / 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 $3,363 $476,045 -- $476,045
2023 $3,363 $458,970 $0 $458,970
2022 $2,859 $353,815 $0 $353,815
2021 $2,541 $253,928 $0 $253,928
2020 $2,303 $208,719 $0 $208,719
2019 $2,305 $208,719 $0 $208,719
2018 $2,357 $211,197 $0 $0
2017 $2,349 $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: 614498

Florida Keys Board of REALTORS®

APN: 00090491-000708