1501 Ocean Bay Dr Unit B7 Key Largo, FL 33037
3
Beds
2
Baths
2,261
Sq Ft
7
Acres
Highlights
- Marina
- Ocean Front
- Boat Lift
- Coral Shores High School Rated A
- Deeded Boat Dock
- 1-minute walk to Schwingggg
About This Home
As of December 2020Premier Yacht Club in Key Largo. Elegantly updated ocean view town home villas with huge master bedroom, balconies, downstairs recreation room off the marina, 2 car garage and two boat slips! Exclusive 24 unit complex on acres of gated native land on the ocean! 5 star amenities with private marina basin, pool, club and tennis. Secluded location, yet bicycle distance to restaurants and shops!
Last Agent to Sell the Property
Joe Talamas
MMLS Assoc.-Inactive Member License #0690363 Listed on: 10/23/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,667
Year Built
- Built in 1997 | Newly Remodeled
Lot Details
- Ocean Front
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 2,261 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Paddle Fans
- Direct Ocean Views
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Property has ocean access
- Boat Lift
- Deeded Boat Dock
- Balcony
- Outdoor Grill
- Porch
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 00090401-000110
Community Details
Overview
- Property has a Home Owners Association
- Yacht Club At Key Largo Condos
- Key Largo Yacht Club Subdivision
Recreation
- Boat Dock
- Marina
- Handball Court
- Community Playground
- Heated Community Pool
- Tennis Courts
Pet Policy
- Breed Restrictions
Additional Features
- Maintenance Expense $1,194
- Phone Entry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2020
Closed on
Dec 10, 2020
Sold by
Duncan Brad F and Duncan Susan L
Bought by
Shrout Ray Lee and Nunn Leigh Ford
Seller's Agent
Joe Talamas
MMLS Assoc.-Inactive Member
Buyer's Agent
Placido Rodriguez
LoKation
List Price
$889,000
Sold Price
$840,000
Premium/Discount to List
-$49,000
-5.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$548,250
Outstanding Balance
$493,695
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,094,621
Purchase Details
Listed on
Jan 24, 2015
Closed on
Jun 29, 2015
Sold by
Volland Martin S and Volland Aimee C
Bought by
Duncan Brad F and Duncan Susan L
Seller's Agent
Daniel Cloud
Water Vista Realty, Inc.
Buyer's Agent
Joe Talamas
Coldwell Banker Schmitt Islamorada
List Price
$649,000
Sold Price
$595,000
Premium/Discount to List
-$54,000
-8.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$446,250
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2000
Bought by
Duncan Brad F and Duncan Susan L
Purchase Details
Closed on
May 1, 1997
Sold by
Cyma Development Company
Bought by
Giorgini Renato and Giorgini Pilar A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
7.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 1997
Bought by
Duncan Brad F and Duncan Susan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
7.95%
Mortgage Type
New Conventional
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $840,000 | Attorney | |
| Warranty Deed | $595,000 | Attorney | |
| Warranty Deed | $298,900 | -- | |
| Deed | $263,900 | -- | |
| Warranty Deed | $263,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $548,250 | New Conventional | |
| Previous Owner | $446,250 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $211,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Price Changed | $1,599,000 | -8.6% | $707 / Sq Ft |
| 03/03/2025 03/03/25 | For Sale | $1,750,000 | +108.3% | $774 / Sq Ft |
| 12/10/2020 12/10/20 | Sold | $840,000 | -5.5% | $372 / Sq Ft |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $889,000 | +49.4% | $393 / Sq Ft |
| 06/29/2015 06/29/15 | Sold | $595,000 | -8.3% | $202 / Sq Ft |
| 04/30/2015 04/30/15 | Pending | -- | -- | -- |
| 01/24/2015 01/24/15 | For Sale | $649,000 | -- | $220 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $5,145 | $516,815 | -- | -- |
| 2023 | $5,145 | $735,105 | $0 | $0 |
| 2022 | $4,565 | $636,294 | $0 | $0 |
| 2021 | $4,112 | $472,959 | $0 | $472,959 |
| 2020 | $4,462 | $472,959 | $0 | $472,959 |
| 2019 | $4,667 | $497,325 | $0 | $497,325 |
| 2018 | $4,747 | $497,325 | $0 | $0 |
| 2017 | $4,830 | $516,381 | $0 | $0 |
| 2016 | $4,551 | $457,624 | $0 | $0 |
| 2015 | $3,173 | $331,113 | $0 | $0 |
| 2014 | $3,232 | $328,485 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Placido Rodriguez
LoKation Real Estate
(305) 979-3044
9 in this area
27 Total Sales
-
J
Seller's Agent in 2020
Joe Talamas
MMLS Assoc.-Inactive Member
-
Seller's Agent in 2015
Daniel Cloud
Water Vista Realty, Inc.
(561) 931-6992
12 in this area
94 Total Sales
-
L
Seller Co-Listing Agent in 2015
Lacey Aungst
Water Vista Realty, Inc.
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10947418
APN: 00090401-000110
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