NOT LISTED FOR SALE

1501 Ocean Bay Dr Unit B-8 + Boat Slip 18 Key Largo, FL 33037

3 Beds
3 Baths
2,261 Sq Ft
$1,645/mo HOA Fee

Last Sold July 21, 2023

Last sale price $985,000 $436 Per Sq Ft

Highlights

  • Ocean Front
  • Boat Slip
  • Impact Glass
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Schwingggg

About This Home

As of July 2023

Sale included deeded boat slip #18 (approx. 30' with lift). For statistical purposes only.

Last Agent to Sell the Property

Natalie Bevis

Coastal Realty of the Florida Keys License #3381352 Listed on: 07/21/2023

Last Buyer's Agent

Natalie Bevis

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1997

Lot Details

  • Ocean Front

HOA Fees

  • $1,645 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Home Design

  • 2,261 Sq Ft Home

Kitchen

  • Oven
  • Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Concrete Pool
  • Boat Slip

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00090401-000111

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Key Largo Yacht Club Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,925

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,645 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • Additional Assessor Parcel Number 1: 00090401-000418
  • First Right of Refusal: No
  • Association Fee: 1645.02
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2925.27
  • Year Built: 1997
  • Alternate Key Number: 8861214
  • Cooling Heating: Central Air
  • Pool Info: Concrete
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2261.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Freezer, Oven, Range, Refrigerator, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00090401-000111
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Jul 21, 2023
Sold by
Christian Lance Dames and Tremblay Laurel Jean
Bought by
Fuentes Karel and Fuentes Janessa
Seller's Agent
Natalie Bevis
Coastal Realty of the Florida Keys
Buyer's Agent
Natalie Bevis
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$985,000
Sold Price
$985,000
Total Days on Market
0
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Outstanding Balance
$774,230
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2021
Sold by
Christian Allen L and Christian Margaret A
Bought by
Christian Allen L and Christian Allen L

Purchase Details

Closed on
Dec 31, 2020
Sold by
Balog Joseph
Bought by
Christian Allen L and Christian Margaret A

Purchase Details

Closed on
Dec 2, 2019
Sold by
Solares Alberto and Solares Maria E
Bought by
Balog Joseph

Purchase Details

Closed on
Dec 15, 2000
Bought by
Solares Alberto and Solares Maria E

Purchase Details

Closed on
Dec 14, 2000
Bought by
Solares Alberto and Solares Maria E

Purchase Details

Closed on
Apr 1, 1997
Bought by
Solares Alberto and Solares Maria E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fuentes Karel $985,000 None Listed On Document
Chrisitian Lance Dames -- Hershoff Lupino & Yagel Llp
Christian Allen L $10,000 Attorney
Balog Joseph $586,000 Everest Land Title Agcy Ltd
Balog Joseph -- Everest Land Title Agcy Ltd
Solares Alberto -- --
Solares Alberto -- --
Solares Alberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Karel $788,000
Previous Owner Solares Alberto A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $985,000 0.0% $436 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $985,000 -- $436 / 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 $512 $79,500 $79,500 --
2023 $512 $79,500 $79,500 $0
2022 $438 $67,500 $67,500 $0
2021 $375 $46,200 $0 $46,200
2020 $377 $46,200 $0 $46,200
2019 $291 $46,200 $0 $46,200
2018 $283 $46,200 $0 $0
2017 $222 $31,610 $0 $0
2016 $183 $21,144 $0 $0
2015 $186 $21,144 $0 $0
2014 $191 $21,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606087

Florida Keys Board of REALTORS®

APN: 00090401-000418