NOT LISTED FOR SALE

1500 Ocean Bay Dr Unit M4 Key Largo, FL 33037

Estimated Value: $698,441 - $931,000

3 Beds
3 Baths
925 Sq Ft
$845/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2022

Last sale price $617,500 $668 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,023 / mo

Highlights

  • Ocean Front
  • Boat Ramp
  • Gated with Attendant
  • Coral Shores High School Rated A
  • Beach
  • Heated In Ground Pool

About This Home

As of May 2022

Statistical purposes only

Last Agent to Sell the Property

Gladys Cornell

RE/MAX All Keys Real Estate License #0399238 Listed on: 05/05/2022

RE/MAX All Keys Real Estate

Last Buyer's Agent

Gladys Cornell

Florida Keys Rentals & Sales

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1983

Lot Details

  • Home fronts a pond
  • Ocean Front

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 925 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Pond Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Boat Ramp
  • Screened Balcony

Utilities

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

Community Details

Overview

  • $625 Maintenance Fee
  • Association fees include cable, security, common area mnt, building insurance, water, sewer
  • Kawama Subdivision
  • The community has rules related to deed restrictions

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,490

Year Built

Built in 1983

Lot Details

3 Acres

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 400.00
  • Maintenance Fee: 625.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Water, Sewer
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Beach, Manager on Premises, Tennis Courts, Community Boat Ramp
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2490.28
  • Vehicle Storage Cars: 2
  • Year Built: 1983
  • Alternate Key Number: 00090493-002900
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 925.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront, Salt Ponds
  • Waterfront: No
  • Construction: CBS, Stucco, Concrete
  • Waterview: Salt Ponds
  • Pool: Yes

Utilities

  • Security: Manned Gate, Patrolled Area
  • Utilities: FKAA, Cable Available, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 3, 2022
Sold by
Bought by
Seller's Agent
Gladys Cornell
RE/MAX All Keys Real Estate
Buyer's Agent
Gladys Cornell
Florida Keys Rentals & Sales
List Price
$649,000
Sold Price
$617,500
Premium/Discount to List
-$31,500
-4.85%
Current Estimated Value
$781,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,110
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$617,500 New Title Company Name
-- Attorney
$100,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $617,500 -4.9% $668 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $649,000 -- $702 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,814 $541,113 -- $541,113
2024 $4,591 $541,113 -- $541,113
2023 $4,591 $520,861 $0 $520,861
2022 $3,148 $457,160 $0 $457,160
2021 $2,571 $273,023 $0 $273,023
2020 $2,347 $237,458 $0 $237,458
2019 $2,220 $227,242 $0 $227,242
2018 $2,150 $227,242 $0 $0
2017 $2,091 $239,584 $0 $0
2016 $2,025 $226,804 $0 $0
2015 $1,716 $149,300 $0 $0
2014 $1,728 $149,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gladys Cornell

    RE/MAX

    (305) 453-3774

    12 Total Sales

    Gladys Cornell
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600888

Florida Keys Board of REALTORS®

APN: 00090493-002900

Florida Monroe County Key Largo 33037

1500 Ocean Bay Dr Unit M4, Key Largo, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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