$839,000

1500 Ocean Bay Dr Unit H-12 Key Largo, FL 33037

Estimated payment $5,203/month

Total Views 115
3 Beds
3 Baths
927 Sq Ft
$905 Price per Sq Ft

Highlights

  • Boat Ramp
  • Beach
  • In Ground Pool
  • Coral Shores High School Rated A
  • Gated with Attendant
  • 1-minute walk to Schwingggg

About This Home

Kawama Corner Townhome - 3-Day Rentals Allowed!Welcome to the private, gated community of Kawama in Key Largo, just off the ocean side at mile marker 100! This beautiful 3-level corner townhome is the perfect getaway, offering the ultimate resort-style living with access to a stunning saltwater swimming lagoon, two pools, tennis courts, a marina, and a long jetty leading into the ocean. Enjoy two sandy beaches, a kiddie playground, picnic areas with tiki huts and BBQs, plus beautifully landscaped grounds that make the community feel like paradise.This spacious townhome features 3 bedrooms and 3 full baths, plus ample parking for 3 cars and a golf cart. Natural light pours in through 4 extra windows, making the entire unit feel bright and airy. The lower level includes a bedroom, family/game room, and full bath, while the second level offers a living room, kitchen, and dining area. The third level features 2 large bedrooms with ample closet space.As one of the few properties in the Upper Keys allowing 3-day minimum rentals, this townhome offers excellent rental potential for those seeking an investment property. Plus, all home insurance is included in the association fees!Whether you're looking for a vacation home or a lucrative rental, this property offers everything you need--fishing, boating, kayaking, paddleboarding, and more. Come experience the Keys lifestyle and make this stunning townhome yours!

Last Listed By

BJ Born

Real Estate Sales Force, Inc. License #3004281 Listed on: 05/29/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1983

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 927 Sq Ft Home
  • Tile Flooring
  • Pond Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Screened Balcony

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00090493-000400

Community Details

Overview

  • $925 Maintenance Fee
  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt
  • Kawama Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,040

Year Built

Built in 1983

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 330.00
  • Maintenance Fee: 925.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Community Boat Ramp, Community Dockage
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5039.81
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1983
  • Alternate Key Number: 8629575
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 927.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco, Concrete
  • Roof: Metal Roof
  • Waterview: Salt Ponds
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090493-000400
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,846 $588,797 -- --
2023 $4,846 $571,648 $0 $571,648
2022 $3,773 $532,683 $0 $532,683
2021 $3,110 $317,621 $0 $317,621
2020 $2,856 $276,365 $0 $276,365
2019 $2,788 $267,709 $0 $267,709
2018 $2,485 $267,709 $0 $0
2017 $2,348 $256,193 $0 $0
2016 $2,285 $242,485 $0 $0
2015 $1,926 $149,300 $0 $0
2014 $1,950 $149,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $839,000 +163.8% $905 / Sq Ft
07/09/2018 07/09/18 Sold $318,000 -0.6% $343 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $320,000 -- $345 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $318,000 New Title Company Name
Warranty Deed $318,000 New Title Company Name
Special Warranty Deed $147,000 Florida Premier Title & Escr
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $475,000 Miami Trust Title Company
Warranty Deed $339,000 Coral Reef Title Company
Warranty Deed $108,000 --
Warranty Deed -- --
Warranty Deed $89,000 --
Warranty Deed $77,000 --
Warranty Deed $100,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,400 New Conventional
Closed $296,400 New Conventional
Previous Owner $481,500 Unknown
Previous Owner $380,000 New Conventional
Previous Owner $239,000 Unknown
Previous Owner $110,000 Credit Line Revolving
Previous Owner $28,000 New Conventional
Previous Owner $97,200 New Conventional
Previous Owner $65,000 New Conventional
Source: Public Records

About the Listing Agent

BJ Born

Real Estate Sales Force, Inc.

(866) 310-7302

Section Image

BJ Born – Your Trusted Florida Keys Real Estate Expert

With over 34 years of experience in the real estate industry, BJ Born is a seasoned professional dedicated to helping clients find their dream homes in the beautiful Florida Keys. A native Floridian, BJ began her real estate career in 1990 in Homestead, Florida, before transitioning full-time to the Florida Keys in 1997.
BJ’s journey in real estate is marked by her entrepreneurial spirit and leadership. In 1991, she opened her own

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  • 1500 Ocean Bay Dr Unit G8, Key Largo, FL 33037

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    Kawama Yacht Club Marina, a deep-water marina offering direct ocean access with no bridges. This deeded 15' x 42' boat slip is equipped with a 22,000 lb Hurricane lift, making it ideal for larger vessels. Enjoy convenient amenities like 30 & 50 Amp shore power, fresh water hookup, and a customized boat step for easy boarding.As part of the Kawama community, you'll also have access to the on-site

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Source: Florida Keys Board of REALTORS®

MLS Number: 615233

Florida Keys Board of REALTORS®

APN: 00090493-000400