NOT LISTED FOR SALE

1500 Ocean Bay Dr Unit R5 Key Largo, FL 33037

Estimated Value: $711,000 - $857,000

3 Beds
3 Baths
925 Sq Ft
$841/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $240,000 $259 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $4,896/month

157 Days on Market

Highlights

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

About This Home

As of November 2014

Private Gated Ocean front community. Great rental history.3/3 Luxury Townhome with a spectacular Pool view. The 22 acre communty includes a marina where renting a slip is optional. Gazebo with BBQ, a private beach, pool, tennis, and a boat ramp. Perfect location for families, fishing and diving.Great commute distance to the mainland.

Last Agent to Sell the Property

Bill Wilkins

Coldwell Banker Schmitt Real Estate Co. License #3217755 Listed on: 06/17/2014

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1983

Lot Details

  • Sandy Beach

HOA Fees

  • $525 Monthly HOA Fees

Interior Spaces

  • 925 Sq Ft Home
  • Furnished
  • Blinds

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Boat Ramp

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00090493-004700

Community Details

Overview

  • $275 Maintenance Fee
  • Association fees include bldg exterior mnt, security, building insurance, common area mnt, cable
  • Kawama Villas Subdivision

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,852

Year Built

Built in 1983

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 525.00
  • Maintenance Fee: 275.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Community Pool, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1852.44
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1983
  • Alternate Key Number: 8630000
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 925.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp, Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00090493-004700
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Nov 21, 2014
Sold by
Ferran Victor A and Ferran Delsa E
Bought by
Vachome Realty Llc
Seller's Agent
Bill Wilkins
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Creative Technology
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Current Estimated Value
$778,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,242
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Nov 1, 1982
Bought by
Vachome Realty Llc
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 Buyer Sale Price Title Company
Vachome Realty Llc $240,000 Century Title & Escrow Co
Vachome Realty Llc $127,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $240,000 -5.9% $259 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $255,000 -- $276 / 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 $3,570 $496,955 -- $496,955
2023 $3,570 $478,357 $0 $478,357
2022 $3,259 $445,810 $0 $445,810
2021 $2,701 $266,142 $0 $266,142
2020 $2,487 $231,271 $0 $231,271
2019 $2,433 $232,685 $0 $232,685
2018 $2,367 $232,685 $0 $0
2017 $2,269 $232,685 $0 $0
2016 $2,208 $220,280 $0 $0
2015 $1,926 $149,300 $0 $0
2014 $1,950 $149,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bill Wilkins

    Coldwell Banker Schmitt Real Estate Co.

    Section Image

  • o

    Buyer's Agent in 2014

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 564572

Florida Keys Board of REALTORS®

APN: 00090493-004700

Florida Monroe County Key Largo 33037

1500 Ocean Bay Dr Unit R5, 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.

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