$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

  • Entry on the 2nd floor
  • 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%
Views
38
Current Estimated Value
$747,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,662
Avg. Annual Appreciation
5.98%

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

Range of Values:

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List Price
Sold Price
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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
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

  • Philip Kravitz

    Seller's Agent in 2025

    Philip Kravitz

    Coldwell Banker Schmitt Key Largo

    (305) 783-7983

    26 in this area

    50 Total Sales

    Philip Kravitz
    Section Image
  • Sally Stribling

    Seller's Agent in 2017

    Sally Stribling

    Coldwell Banker Schmitt Key Largo

    (305) 283-2002

    138 in this area

    195 Total Sales

    Sally Stribling
    Section Image

  • C

    Buyer's Agent in 2017

    Chonda Juliano

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 360-7036

    Chonda Juliano
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611248

Florida Keys Board of REALTORS®

APN: 00090495-000211

Florida Monroe County Key Largo 33037

1530 Ocean Bay Dr Unit 211, Key Largo, FL

This home is located at 1530 Ocean Bay Dr Unit 211, Key Largo, FL 33037 and is currently priced at $722,000, approximately $607 per square foot. This property was built in 1993. 1530 Ocean Bay Dr Unit 211 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.

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