$350,000
SOLD MAR 31, 2020

1500 Ocean Bay Dr Unit S3 Key Largo, FL 33037

3 Beds
3 Baths
925 Sq Ft
$625/mo HOA Fee

Recently Sold

$378 Per Sq Ft

12% Below List Price

61 Days on Market

Highlights

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

About This Home

As of June 2025

UPDATED AND BEAUTIFULLY RENOVATED, 3 Floors of family living. Hurricane Impact windows and doors. Great entry and family hangout and beautifully decorated. Bedroom on lower level and bath. Main living area has lovely kitchen with corian counter tops, a bathroom, and open dining and living area looking onto a porch, which has shaded area from the outside trees and give a picturesque view from the entire area. There's 2 more roomy bedrooms on the top floor, and bath. This is truly a home for the whole family and friends. A weekend place or a spot to call home fulltime. The complex features pools, tennis courts, guarded gate, an attached marina and lots of activities to keep you busy. There is a boat slip - first right of refusal to condo buyer.. See MLS #589505 for details

Last Agent to Sell the Property

Wendy Ives

RE/MAX All Keys Real Estate License #3043147 Listed on: 01/29/2020

RE/MAX All Keys Real Estate

Co-Listed By

Diane Loveland

RE/MAX All Keys Real Estate License #392080

Last Buyer's Agent

Howard Leitner

Florida Keys International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1983

Lot Details

  • Home fronts a pond
  • Ocean Front
  • Lake Front

HOA Fees

  • $625 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Metal Roof

Interior Spaces

  • 925 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Electric Gate
  • Off-Street Parking

Accessible Home Design

  • Accessible Doors
  • Accessible Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Ramp
  • Balcony
  • Screened Patio
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00090493-005500

Community Details

Overview

  • $280 Maintenance Fee
  • Association fees include bldg exterior mnt, security, building insurance, common area mnt, cable
  • Kawama Subdivision

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,167

Year Built

Built in 1983

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 625.00
  • Maintenance Fee: 280.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Security, Building Insurance, Common Area Mnt, Cable
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Fire Hydrant, Community Boat Ramp, Community Pool, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1167.19
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1983
  • Alternate Key Number: 8630085
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 925.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Walk-in Closet(s), Split Bedroom, Storage, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Doors, Parking
  • Sq Ft Remarks: Buyer to verify.

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Lake Front, Oceanfront, Salt Ponds
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut
  • Roof: Metal Roof
  • Waterview: Lake View, Salt Ponds, No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: Municipal Sewer, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090493-005500
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jun 4, 2025
Sold by
White Terrence and White Laura
Bought by
Jackson William
Seller's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$560,000
Outstanding Balance
$560,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$244,615

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 29, 2021
Sold by
Sloop Paul and Sloop Judith
Bought by
White Terrence and White Laura
Seller's Agent
Howard & Lily Leitner
Robert Slack LLC
Buyer's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
List Price
$570,000
Sold Price
$555,000
Premium/Discount to List
-$15,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$365,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 26, 2020
Sold by
Vazquez Joseph F and Johnston Vazquez Mary
Bought by
Sloop Paul and Sloop Judith
Seller's Agent
Wendy Ives
RE/MAX All Keys Real Estate
Buyer's Agent
Howard Leitner
Florida Keys International Realty
List Price
$396,500
Sold Price
$350,000
Premium/Discount to List
-$46,500
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.98%
Original Mortgage
$306,000
Interest Rate
3.4%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Vazquez Joseph F and Johnston Vazquez Mary
Bought by
Vazquez Joseph F and Johnston Vazquez Mary

Purchase Details

Closed on
Jul 9, 2001
Sold by
Luis J Ramirez I
Bought by
Vazquez Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1989
Bought by
Vazquez Joseph F

Purchase Details

Closed on
Apr 1, 1987
Bought by
Vazquez Joseph F

Purchase Details

Closed on
Jan 1, 1985
Bought by
Vazquez Joseph F

Purchase Details

Closed on
Apr 1, 1983
Bought by
Vazquez Joseph F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $800,000 Advance Partners Title
Warranty Deed $555,000 Sunshine Title Of Keys Inc
Warranty Deed $350,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $160,000 --
Warranty Deed $75,000 --
Quit Claim Deed $120,000 --
Warranty Deed $100,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $365,000 New Conventional
Previous Owner $306,000 No Value Available
Previous Owner $306,000 New Conventional
Previous Owner $155,104 New Conventional
Previous Owner $165,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $145,000 New Conventional
Previous Owner $121,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $800,000 -3.0% $865 / Sq Ft
04/09/2025 04/09/25 For Sale $825,000 +48.6% $892 / Sq Ft
09/29/2021 09/29/21 Sold $555,000 -2.6% $600 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $570,000 +62.9% $616 / Sq Ft
03/31/2020 03/31/20 Sold $350,000 -11.7% $378 / Sq Ft
01/29/2020 01/29/20 For Sale $396,500 -- $429 / 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 $4,569 $538,204 -- $538,204
2023 $4,569 $518,062 $0 $518,062
2022 $4,141 $482,813 $0 $482,813
2021 $2,752 $288,229 $0 $288,229
2020 $1,196 $136,368 $0 $136,368
2019 $1,167 $133,303 $0 $133,303
2018 $1,153 $130,818 $0 $0
2017 $1,122 $128,128 $0 $0
2016 $1,126 $125,493 $0 $0
2015 $1,148 $124,621 $0 $0
2014 $1,160 $123,632 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589503

Florida Keys Board of REALTORS®

APN: 00090493-005500