1530 Ocean Bay Dr Unit 210 Key Largo, FL 33037
2
Beds
2
Baths
1,188
Sq Ft
$429/mo
HOA Fee
Highlights
- Ocean Front
- Boat Ramp
- Sandy Beach
- Coral Shores High School Rated A
- Beach
- 1-minute walk to Schwingggg
About This Home
As of September 2024Attention Investors, Short Term Rentals Allowed! Rarely do opportunities arise to own an oceanfront gem like this! Welcome to Kawama Tower, Key Largo's coveted address for coastal living. Whether you're seeking an excellent rental investment, a weekend escape, or a permanent residence, this 2-bedroom, 2-bath condo caters to your every need. Step inside to discover an inviting open floor plan, ideal for entertaining. The well-appointed kitchen boasts ample counter space and cabinetry, making meal preparation easy. Retreat to your private balcony and soak in the peek-a-boo ocean views and invigorating sea breezes. Unwind in the spacious owner's suite, complete with an updated ensuite and generous closet space. With its thoughtfully designed split bedroom layout, tranquility and privacy are yours to savor. Indulge in an array of amenities, including 24-hour manned security, a private pool, oceanfront beach access, tennis courts, playgrounds, and a captivating saltwater tidal lagoon for leisurely swims and fish-watching. Kayak and paddleboard storage cater to your adventurous spirit. Boating enthusiasts will appreciate the proximity to the Atlantic, with a boat ramp and trailer storage. When available boat slips can be rented or purchased at Molasses Reef Marina. Nestled within the exclusive community of Kawama, this condominium offers all the amenities necessary for embracing the Florida Keys lifestyle. Don't miss your chance to experience coastal living at its finest!
Last Agent to Sell the Property
LoKation Real Estate License #3049661 Listed on: 04/23/2024
Last Buyer's Agent
Tracey Petrusha
Freewheeler Realty, Inc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,699
Year Built
- Built in 1993
Lot Details
- Ocean Front
- Sandy Beach
- Fenced
HOA Fees
- $429 Monthly HOA Fees
Property Views
- Ocean
- Harbor
Home Design
- Concrete Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 1,188 Sq Ft Home
- 5-Story Property
- Partially Furnished
- Ceiling Fan
- Blinds
- Sliding Doors
- Storage
- Tile Flooring
- Monitored
Kitchen
- Oven
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Covered Parking
- Guest Parking
- Open Parking
- Off-Street Parking
Pool
- Concrete Pool
- In Ground Pool
- Pool Deck
Outdoor Features
- Boat Ramp
- Balcony
- Exterior Lighting
- Gazebo
- Outdoor Storage
- Tiki or Chickee Hut
- Attached Grill
Utilities
- Central Heating and Cooling System
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00090495-000210
Community Details
Overview
- $867 Maintenance Fee
- Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
- 48 Units
- Kawama Tower Subdivision
- The community has rules related to deed restrictions
Recreation
- Boat Ramp
- Beach
- Tennis Courts
- Community Pool
- Bike Trail
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Complete Accordion Shutters
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
Sep 17, 2024
Sold by
1530 Ocean Bay Unit 210 Llc
Bought by
Valbuena Pedro and Valbuena Diana
Seller's Agent
Stephanie Cowart
Coastal Realty of the Florida Keys
Buyer's Agent
Stephanie Cowart
Coastal Realty of the Florida Keys
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Total Days on Market
38
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,044
Avg. Annual Appreciation
-1.72%
Original Mortgage
$548,100
Outstanding Balance
$545,063
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$230,859
Purchase Details
Listed on
Apr 23, 2024
Closed on
Jun 11, 2024
Sold by
Arcelus Delia G
Bought by
1530 Ocean Bay Unit 210 Llc
Seller's Agent
Terri Bodker
LoKation Real Estate
Buyer's Agent
Tracey Petrusha
Freewheeler Realty, Inc.
List Price
$785,000
Sold Price
$665,000
Premium/Discount to List
-$120,000
-15.29%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.19%
Purchase Details
Closed on
Dec 15, 2011
Sold by
Martini Gregory
Bought by
Arcelus Victor C and Arcelus Delia G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 7, 1999
Sold by
Charles Mark J
Bought by
Martini Gregory
Purchase Details
Closed on
Nov 1, 1993
Bought by
Arcelus Victor C and Arcelus Delia G
Similar Homes in Key Largo, FL
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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 | $785,000 | None Listed On Document | |
| Warranty Deed | $665,000 | None Listed On Document | |
| Warranty Deed | $225,000 | Sunshine Title Of The Keys I | |
| Warranty Deed | $110,000 | -- | |
| Warranty Deed | $93,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $548,100 | New Conventional | |
| Previous Owner | $125,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $785,000 | -4.8% | $661 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $825,000 | +24.1% | $694 / Sq Ft |
| 06/12/2024 06/12/24 | Sold | $665,000 | -11.3% | $560 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | Price Changed | $750,000 | -3.8% | $631 / Sq Ft |
| 04/24/2024 04/24/24 | Price Changed | $780,000 | -0.6% | $657 / Sq Ft |
| 04/23/2024 04/23/24 | For Sale | $785,000 | -- | $661 / Sq Ft |
Source: Florida Keys Board of REALTORS®
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 | $3,699 | $497,146 | -- | $497,146 |
| 2023 | $3,699 | $483,424 | $0 | $483,424 |
| 2022 | $3,020 | $332,489 | $0 | $332,489 |
| 2021 | $2,814 | $272,914 | $0 | $272,914 |
| 2020 | $2,770 | $265,795 | $0 | $265,795 |
| 2019 | $2,646 | $250,309 | $0 | $250,309 |
| 2018 | $2,643 | $250,309 | $0 | $0 |
| 2017 | $2,463 | $231,714 | $0 | $0 |
| 2016 | $2,382 | $216,755 | $0 | $0 |
| 2015 | $2,213 | $181,907 | $0 | $0 |
| 2014 | $2,270 | $181,907 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Bodker
Seller's Agent in 2024
Terri Bodker
LoKation Real Estate
(305) 522-9420
105 Total Sales
-
Stephanie Cowart
S
Seller's Agent in 2024
Stephanie Cowart
Coastal Realty of the Florida Keys
(305) 393-3458
16 Total Sales
-
S
Buyer's Agent in 2024
Stephanie Cowart, P.A.
La Belle Mar Corp
-
T
Buyer's Agent in 2024
Tracey Petrusha
Freewheeler Realty, Inc.
-
o
Buyer Co-Listing Agent in 2024
outside of mls
Outside Of MLS
-
Michael Petrusha
Buyer Co-Listing Agent in 2024
Michael Petrusha
Venture Realty Group
(305) 896-1080
49 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 609695
APN: 00090495-000210
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