$595,000
SOLD JUN 29, 2015

1501 Ocean Bay Dr Unit B7 Key Largo, FL 33037

3 Beds
4 Baths
2,948 Sq Ft
7 Acres

Recently Sold

$202 Per Sq Ft

8% Below List Price

96 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Clubhouse
  • Coral Shores High School Rated A
  • In Ground Pool
  • 1-minute walk to Schwingggg

About This Home

As of December 2020

Beautiful Three Story Ocean Side Townhome located in the Key Largo Yacht Club, a Private Gated and Quaint 24 Townhome Complex with a Marina leading directly to Molasses Reef! World Class Sport Fishing and Diving are located right out your back door. This Townhome has 2 Deeded Boat Slips a 30' Dock and a 27' Dock that are included in the sale price. Welcome to Paradise in the Fabulous Florida Keys!

Last Agent to Sell the Property

Daniel Cloud

Water Vista Realty, Inc. License #3144777

Co-Listed By

Lacey Aungst

Water Vista Realty, Inc. License #3257461

Last Buyer's Agent

Joe Talamas

Coldwell Banker Schmitt Islamorada

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1997

Property Views

  • Ocean
  • Harbor

Home Design

  • Metal Roof

Interior Spaces

  • 2,948 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Electric Gate
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Boat Ramp
  • Balcony

Utilities

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

Additional Features

  • Ocean Front
  • Trailer Storage

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00090401-000110

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, building insurance, exterminating, common area mnt
  • 24 Units
  • Key Largo Yacht Club Subdivision

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,259

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Association Fee: 988.82
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock Length: 30
  • Fee Includes: Bldg Exterior Mnt, Building Insurance, Exterminating, Common Area Mnt
  • 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: Clubhouse, Tennis Courts, Spa, Other Area Features, Fire Hydrant, Community Pool, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3258.63
  • Title: Title Ins - Buyer
  • Vehicle Storage: Auto Door Opener, Trailer Storage, Garage, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1997
  • Alternate Key Number: 8861206
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2948.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Water Purification, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Harbor/Marina View, Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00090401-000110
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 24.00

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

Property History

Date Event Price Change Sq Ft Price
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: Florida Keys Board of REALTORS®

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

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

Deed 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

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Source: Florida Keys Board of REALTORS®

MLS Number: 566470

Florida Keys Board of REALTORS®

APN: 00090401-000110

Florida Monroe County Key Largo 33037

1501 Ocean Bay Dr Unit B7, Key Largo, FL

Homes for Sale in Key Largo, FL

This home is located at 1501 Ocean Bay Dr Unit B7, Key Largo, FL 33037 and is currently priced at $595,000, approximately $201 per square foot. This property was built in 1997. 1501 Ocean Bay Dr Unit B7 is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

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.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.