$879,000

1500 Ocean Bay Dr Unit M6 Key Largo, FL 33037

Estimated payment $5,586/month

Total Views 486
3 Beds
3 Baths
920 Sq Ft
$955 Price per Sq Ft

Highlights

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

About This Home

Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater lagoon for swimming and kayaking, marina, boat ramp, tennis/pickleball courts, playground for children, beach area with firepits great for family gatherings and a jetty perfect for watching sunrises and sunsets. Short term rentals are permitted and this unit has a profitable history of rentals. Great place for full time living, as a vacation home or short term rental income opportunity

Listing Agent

Gladys Cornell

Century 21 Circle - Islamorada License #0399238

Century 21 Circle - Islamorada

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $340 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Metal Roof

Interior Spaces

  • 920 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Boat Ramp
  • Balcony
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00090493-003100

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,913

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Association Fee: 340.00
  • Maintenance Fee: 925.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Manager on Premises, Tennis Courts, Community Boat Ramp
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 3912.72
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1983
  • Alternate Key Number: 8629842
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 920.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Concrete
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Lake View, Salt Ponds
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090493-003100
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

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 $3,635 $507,512 -- $507,512
2023 $3,635 $488,539 $0 $488,539
2022 $3,318 $455,337 $0 $455,337
2021 $2,749 $271,977 $0 $271,977
2020 $2,530 $236,570 $0 $236,570
2019 $2,412 $226,400 $0 $226,400
2018 $2,346 $226,400 $0 $0
2017 $2,289 $238,601 $0 $0
2016 $2,227 $225,879 $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
05/27/2025 05/27/25 For Sale $879,000 0.0% $955 / Sq Ft
05/24/2025 05/24/25 Off Market $879,000 -- --
05/24/2025 05/24/25 For Sale $879,000 -- $955 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,900 --
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 615177

Florida Keys Board of REALTORS®

APN: 00090493-003100