$674,000
SOLD JUN 30, 2017

1501 Ocean Bay Dr Unit C8 Key Largo, FL 33037

3 Beds
2 Baths
2,948 Sq Ft
$1,136/mo HOA Fee

Recently Sold

$229 Per Sq Ft

6% Below List Price

575 Days on Market

Highlights

  • Ocean View
  • Boat Ramp
  • Boat Slip
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Schwingggg

About This Home

As of May 2022

Large Stunning Yacht Club residence w/deeded boat slip & boat lift. 3 bedroom 2 bath,Huge ground level rec. room plus rare 2 car garage!Private and secluded complex with only 24 units, just minutes to clean clear Atlantic waters & live coral reefs. Renovated kitchen,stainless Appliances, double ovens, custom cabinetry.Oversized Master Suite w/Luxe Spa master bath.3 decks ocean views!

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 11/04/2015

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Lian Averhoff

Broker's Edge Realty, Inc. License #3296269

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1997

Lot Details

  • Home fronts a canal
  • Privacy Fence
  • Fenced

HOA Fees

  • $1,136 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor
  • Canal

Interior Spaces

  • 2,948 Sq Ft Home
  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Blinds
  • French Doors
  • Entrance Foyer
  • Sun or Florida Room
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Balcony
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00090401-000120

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Restriction: Owners may have pets

Additional Features

  • Clubhouse
  • Building Security System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,425

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,136 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Association Fee: 1135.78
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Building Insurance, 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Spa, Other Area Features, Community Pool, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: Owners may have pets
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4425.37
  • Vehicle Storage: Assigned Parking, Trailer Storage, Open Parking, Garage, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1997
  • Alternate Key Number: 8861311
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Heat
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2948.00
  • Pool Info Other Surroundings: YES
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Window Treatments, Split Bedroom, Storage, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other, Sun/Florida Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Boat Slip, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Storage, Tennis Court(s), Privacy Wall/Fence, Outdoor Kitchen, Outdoor Shower, Fencing, Lighting, Lanai, Hot Tub, Gazebo, Chickee Hut, Built-in Grill
  • Waterview: Canal View, Ocean View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other, On Premises System
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,VE
  • Parcel Number: 00090401-000120
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2024
Sold by
Lievano Guillermo A and Lievano Zuleika
Bought by
Acc Residential Investments Llc
Total Days on Market
575
Current Estimated Value
$1,576,124

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 19, 2022
Sold by
Scott and Donna
Bought by
Lievano Guillermo A and Lievano Zuleika
Seller's Agent
Ana Maria Alexander
Berkshire Hathaway HomeServices EWM Realty
Buyer's Agent
Carlos Lorenzo
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,298,000
Sold Price
$1,220,000
Premium/Discount to List
-$78,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$637,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jun 30, 2017
Sold by
Misson Patrick and Misson Dannealle
Bought by
Scott Dennis J and Scott Donna M
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Lian Averhoff
Broker's Edge Realty, Inc.
List Price
$719,000
Sold Price
$674,000
Premium/Discount to List
-$45,000
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$471,800
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Misson Patrick and Misson Dannealle
Bought by
Misson Patrick Irwin and Misson Dannealle Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Reynolds Jacqueline A
Bought by
Misson Patrick and Misson Dannealle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1999
Sold by
Dickey Paul A
Bought by
Reynolds Jacqueline A

Purchase Details

Closed on
Jul 1, 1995
Bought by
Misson Patrick Irwin And Dannealle L Rev Liv
Source: Public Records

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Range of Values:

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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
Quit Claim Deed $600,000 None Listed On Document
Warranty Deed $1,220,000 New Title Company Name
Warranty Deed -- None Available
Warranty Deed $674,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $549,000 None Available
Warranty Deed $280,000 --
Warranty Deed $245,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $637,000 New Conventional
Previous Owner $250,000 No Value Available
Previous Owner $471,800 New Conventional
Previous Owner $295,000 New Conventional
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $1,220,000 -6.0% $540 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,298,000 +92.6% $574 / Sq Ft
06/30/2017 06/30/17 Sold $674,000 -6.3% $229 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
11/04/2015 11/04/15 For Sale $719,000 -- $244 / 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 $8,140 $967,979 -- $967,979
2023 $8,140 $967,979 $0 $967,979
2022 $3,864 $486,918 $0 $0
2021 $3,925 $472,736 $0 $472,736
2020 $4,269 $472,736 $0 $472,736
2019 $4,698 $524,991 $0 $524,991
2018 $4,779 $524,991 $0 $0
2017 $4,686 $533,415 $0 $0
2016 $4,346 $457,624 $0 $0
2015 $4,425 $457,624 $0 $0
2014 $4,537 $457,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569005

Florida Keys Board of REALTORS®

APN: 00090401-000120