$722,000
SOLD FEB 10, 2025

1530 Ocean Bay Dr Unit 211 Key Largo, FL 33037

2 Beds
2 Baths
1,188 Sq Ft
$1,265/mo HOA Fee

Recently Sold

$608 Per Sq Ft

11% Below List Price

134 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Schwingggg

About This Home

As of February 2025

Stunning Ocean View Condo with Top-Tier Amenities and Rental Income Potential!Discover coastal living at its finest in this fully furnished 2-bedroom, 2-bathroom condo boasting 1,188 sq. ft. of thoughtfully designed space. With serene views of the ocean, pool, and marina, this unit is the perfect blend of luxury and convenience, offering an excellent rental history averaging $62,000-$70,000 in annual income.Recently upgraded with new furniture, appliances, bathroom fixtures, fresh paint, new mattresses and luxury vinyl flooring in the bedrooms, this condo is move-in ready. Enjoy the granite and stainless-steel kitchen providing a stylish and functional space for entertaining.Resort-Style Amenities Include:- Gated entry with 24-hour security for peace of mind- On-site marina, sandy beach, fishing pier, and saltwater lagoon- Private swimming pool, tennis courts, and pickleball facilities- Boat ramp with direct ocean access and trailer storage for all your nautical needs- Family-friendly playground - 1 hour from MiamiPerfect as a personal getaway or a high-income investment, this property offers the best of both worlds--luxury, convenience, and an unbeatable location. Don't miss your chance to own a slice of paradise!

Last Agent to Sell the Property

Philip Kravitz

Coldwell Banker Schmitt Key Largo License #3376345 Listed on: 08/28/2024

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Philip Kravitz

Coldwell Banker Schmitt Key Largo License #3376345 Listed on: 08/28/2024

Coldwell Banker Schmitt Key Largo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1993

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,265 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,188 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Ocean Views

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Boat Ramp
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 3
  • Assessor Parcel Number 00090495-000211

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Kawama Tower Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,061

Year Built

Built in 1993

Lot Details

0

HOA Fees

$1,265 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1265.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4060.96
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Trailer Storage, Covered Parking, Guest Parking
  • Year Built: 1993
  • Alternate Key Number: 8843411
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1188.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Elevator, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Tennis Court(s), Storage, Sprinkler System, Sandy Beach, Outdoor Kitchen, Lighting, Gazebo, Fencing
  • Roof: Concrete Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090495-000211
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Feb 10, 2025
Sold by
Jl Key Largo Llc
Bought by
Lola & Rolo Properties Iv Llc
Seller's Agent
Philip Kravitz
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Philip Kravitz
Coldwell Banker Schmitt Key Largo
List Price
$815,000
Sold Price
$722,000
Premium/Discount to List
-$93,000
-11.41%
Total Days on Market
134
Views
38
Current Estimated Value
$739,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,274
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 8, 2017
Sold by
Cherry Leisha
Bought by
Jl Key Largo Llc
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Chonda Juliano
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$324,900
Sold Price
$329,000
Premium/Discount to List
$4,100
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$16,450
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 5, 2017
Sold by
Smith Curtis L and Smith Linda
Bought by
Cherry Leisha A
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Chonda Juliano
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$324,900
Sold Price
$329,000
Premium/Discount to List
$4,100
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,450
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1997
Bought by
Smith Curtis L and Smith Linda

Purchase Details

Closed on
Sep 6, 1995
Sold by
Conrad Charles R and Conrad Mildred F
Bought by
Hookings Delise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.76%

Purchase Details

Closed on
Mar 1, 1994
Bought by
Smith Curtis L and Smith Linda
Source: Public Records

Similar Homes in the area

  • 1530 Ocean Bay Dr Unit 509, Key Largo, FL 33037

    $845,000

    • 2 Beds
    • 2 Baths
    • 1,188 Sq Ft
    • 1530 Ocean Bay Dr
    • Unit 509
    • Key Largo, FL

    Spectacular top floor condo with direct panoramic ocean views! Experience ocean views and refreshing breezes from this turn-key bedroom, 2 bath unit located in sought-after Kawama Tower! This open and airy condo features an updated kitchen and baths, a spacious split-bedroom layout, and plenty of natural light. Whether you're searching for a weekend retreat, a full-time residence, or an

    Terry Canto American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • Unlisted Address

    $850,000

    • 1 Bed
    • 1 Bath
    • 887 Sq Ft

    ****VACATION RENTAL PROPERTY FOR LEASE*****NEWLY RENOVATED, KEY LARGO HOME, BOAT SLIP, GREAT FISHING, TENNIS & KAYAKS BOAT SLIP AVAILABLE AT ADDITIONAL COST, POOL, MARINA, LAGOON, KIDS KAYAKS.LICENSED VACATION RENTAL. This is an upscale Key Largo apartment, you would not expect to find in the Florida Keys. With a tropical feeling, this Bedroom unit is located just minutes away from

    Belgica Useche Coldwell Banker Realty

    Section Image
  • 1530 Ocean Bay Dr Unit 301, Key Largo, FL 33037

    $859,000

    • 2 Beds
    • 2 Baths
    • 1,188 Sq Ft
    • 1530 Ocean Bay Dr
    • Unit 301
    • Key Largo, FL

    Take in Spectacular Ocean Views from your private balcony or watch the Manatee bask in the marina or take a swim in the ocean, tidal lagoon or one of the 2 pools. Sunbathe on the beach or take advantage of one of the Cocktail/Coffee Tiki's. With top tier amenities all around, Kawama Yacht Club is the definition of resort style living at its finest! This Turnkey unit has Granite countertops,

    Andrew Burr The Keyes Company

    Section Image
  • 97652 Overseas Hwy Unit 11, Key Largo, FL 33037

    $695,000

    • 2 Beds
    • 2 Baths
    • 1,130 Sq Ft
    • 97652 Overseas Hwy
    • Unit 11
    • Key Largo, FL

    Bayfront Bliss Awaits at Rock Harbor Club, Key Largo! Experience the magic of bayfront living in this beautifully updated 2-bedroom, 2.5-bath condo at the exclusive Rock Harbor Club in Key Largo! Enjoy breathtaking bay views from your private screened balcony, where gentle breezes set the perfect tone for relaxation. Step inside to a bright and airy open-concept living space, featuring a spacious

    Terri Bodker LoKation Real Estate

    Section Image
  • 97652 Overseas Hwy Unit 11, Key Largo, FL 33037

    $799,000

    • 2 Beds
    • 2.5 Baths
    • 1,430 Sq Ft
    • 97652 Overseas Hwy
    • Unit 11
    • Key Largo, FL

    This stunningly beautiful and meticulously updated condo is located in the prestigious Rock Harbor Condominium complex at mile marker 97.6, on the bay. Completely reconfigured interior, is punctuated by ''wood plank'' tiles throughout, granite kitchen with an inviting sit-up bar, Hurricane impact doors, undercounter and nook lighting, aproned sink, frameless glass baths with barn door closures,

    Sally Stribling Coldwell Banker Schmitt Key Largo

    Section Image
  • 204 Sanctuary Dr, Key Largo, FL 33037

    $859,000

    • 2 Beds
    • 3.5 Baths
    • 1,348 Sq Ft
    • 204 Sanctuary Dr
    • Key Largo, FL

    Discover the tranquility of this Bay front condominium with incredible vistas of Florida Bay, including exquisite nightly sunsets! This end unit offers 2 bedrooms and 2.5 bathrooms, a charming open floor plan and comes fully furnished for your convenience. Custom features throughout this charming residence include Florida Keys, keystone wall accents, and a custom mahogany wall unit. The Sanctuary

    Sally Stribling Coldwell Banker Schmitt R.E.

    Section Image
  • 104350 Overseas Hwy Unit A402, Key Largo, FL 33037

    $849,000

    • 2 Beds
    • 1.5 Baths
    • 947 Sq Ft
    • 104350 Overseas Hwy
    • Unit A402
    • Key Largo, FL

    Stunning Bayfront Condo in Moon Bay - Fully Furnished with Deeded Boat Slip!Experience the best of waterfront living in this beautifully appointed 2-bedroom, 1.5-bath condo in the sought-after Moon Bay community. This fully furnished unit boasts impact windows and doors, offering breathtaking bay views from the living room, patio, and master bedroom.A boater's dream, the property includes a

    Philip Kravitz Coldwell Banker Schmitt Key Largo

    Section Image
  • 104500 Overseas Hwy Unit C301, Key Largo, FL 33037

    $799,900

    • 3 Beds
    • 2 Baths
    • 1,577 Sq Ft
    • 104500 Overseas Hwy
    • Unit C301
    • Key Largo, FL

    Welcome to Tamarind Bay Club, a highly desirable Bayfront community that offers the epitome of coastal living. This 3 bedroom 2 bathroom Bayfront end unit condo, located in Building C, presents an incredible opportunity to embrace the Florida Keys lifestyle. With its spacious layout, and open bay views, this unit is a true gem.This end unit condo features enhanced privacy and abundant natural

    Strain-Pabotoy T Coldwell Banker Schmitt Coldwell Banker Schmitt Key Largo

    Section Image
  • 104500 Overseas Hwy Unit B204, Key Largo, FL 33037

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,433 Sq Ft
    • 104500 Overseas Hwy
    • Unit B204
    • Key Largo, FL

    Tamarind Bay Club Magnificent Bay Views and Dockage! Watch the fabulous Florida Keys sunsets or boats pass on Blackwater Sound from your 30 ft terrace or the comfort of your sofa! Gorgeous bay views from this highly desirable corner unit which has the ideal open floor plan for entertaining. Offering 2BR/2Bath remodeled in 2018, tile flooring throughout, stainless steel appliances, granite

    Claudette Mell Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $722,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $329,000 Coral Reef Title Co
Warranty Deed $120,000 --
Warranty Deed $108,000 --
Warranty Deed $89,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $16,450 Commercial
Previous Owner $230,300 New Conventional
Previous Owner $97,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $722,000 -7.4% $608 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $779,999 -1.3% $657 / Sq Ft
10/30/2024 10/30/24 Price Changed $789,999 -1.3% $665 / Sq Ft
09/27/2024 09/27/24 Price Changed $799,999 -1.8% $673 / Sq Ft
08/28/2024 08/28/24 For Sale $815,000 +147.7% $686 / Sq Ft
04/05/2017 04/05/17 Sold $329,000 +1.3% $249 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $324,900 -- $246 / 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 $4,061 $556,200 -- $556,200
2023 $4,061 $540,832 $0 $540,832
2022 $3,302 $371,786 $0 $371,786
2021 $3,074 $305,062 $0 $305,062
2020 $3,022 $296,709 $0 $296,709
2019 $2,884 $279,388 $0 $279,388
2018 $2,927 $279,388 $0 $0
2017 $2,693 $267,587 $0 $0
2016 $2,509 $223,751 $0 $0
2015 $2,373 $200,098 $0 $0
2014 $2,434 $200,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611248

Florida Keys Board of REALTORS®

APN: 00090495-000211