$649,000
SOLD JAN 31, 2022

1530 Ocean Bay Dr Unit 301 Key Largo, FL 33037

2 Beds
2 Baths
1,188 Sq Ft
$653/mo HOA Fee

Recently Sold

$546 Per Sq Ft

2 Days on Market

Highlights

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

About This Home

As of May 2025

Kawama Tower condo! Turn Key rental ready , granite counter tops, stainless steel appliances. Overlooks the marina with spectacular views! Complex has all the amenities! Excellent vacation rental income, allowing for 7 day vacation rentals. Gated community with security. Community offers nature trails, boat ramp, marina, tidal swimming lagoon, pool, tennis, playground, Beach. Ride your bike or walk to local Key Largo Park, restaurants, or shopping nearby. Several restaurants to choose from. Call for the details.

Last Agent to Sell the Property

BJ Born

Real Estate Sales Force, Inc. License #3004281 Listed on: 12/27/2021

Last Buyer's Agent

Andrew Burr

The Keyes Company License #3217020

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,153

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $653 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,188 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Harbor Views
  • Monitored
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Screened Patio

Utilities

  • Water Softener
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00090495-000301

Community Details

Overview

  • $429 Maintenance Fee
  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Kawama Tower Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,153

Year Built

Built in 1993 | Remodeled

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 653.35
  • Maintenance Fee: 428.56
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Community Boat Ramp, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3152.65
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1993
  • Alternate Key Number: 8843437
  • Pool Info: In Ground
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1188.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Granite Counter Top
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Water Softener, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Waterview: Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Security: Manned Gate, Patrolled Area
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00090495-000301
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2025
Closed on
May 6, 2025
Sold by
Stansbury Elizabeth and Stansbury Allen F
Bought by
Tropical Palms Properties Llc
Seller's Agent
Andrew Burr
The Keyes Company
Buyer's Agent
Melanie Horowitz
Better Homes and Gardens Real Estate Destinations
List Price
$859,000
Sold Price
$827,000
Premium/Discount to List
-$32,000
-3.73%
Views
5
Current Estimated Value
$829,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,886
Avg. Annual Appreciation
1.09%

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jan 18, 2022
Sold by
Ellen Shay and Ellen Lynn
Bought by
Stansbury Elizabeth and Stansbury Allen F
Seller's Agent
BJ Born
Real Estate Sales Force, Inc.
Buyer's Agent
Andrew Burr
The Keyes Company
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 22, 2019
Sold by
Pochinski John and Pochinski Anna Marie
Bought by
Shay Wolfgang William and Shay Lynn Ellen
Seller's Agent
Joe Talamas
Coldwell Banker Schmitt Key Largo
Buyer's Agent
BJ Born
Century 21 Circle- Islamorada
List Price
$399,900
Sold Price
$393,000
Premium/Discount to List
-$6,900
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.93%

Purchase Details

Closed on
Jul 18, 2015
Sold by
Pochinski John and Pochinski Mary Ann
Bought by
Pochinski John and Pochinski Anna Marie

Purchase Details

Closed on
Sep 7, 2005
Sold by
Hintikka Diane C
Bought by
Pochinski John and Pochinski Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 1994
Bought by
Pochinski John and Pochinski Anna Marie
Source: Public Records

Range of Values:

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Average Value
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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 $827,000 Coral Reef Title
Warranty Deed $827,000 Coral Reef Title
Warranty Deed $649,000 Erik S Bloom Pa
Warranty Deed $393,000 Attorney
Gift Deed -- Attorney
Warranty Deed $630,000 Girard Title Company
Warranty Deed $124,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $827,000 -3.7% $696 / Sq Ft
03/16/2025 03/16/25 For Sale $859,000 +32.4% $723 / Sq Ft
01/31/2022 01/31/22 Sold $649,000 0.0% $546 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $649,000 +65.1% $546 / Sq Ft
07/22/2019 07/22/19 Sold $393,000 -1.7% $297 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $399,900 -- $302 / 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 $5,522 $632,984 -- $632,984
2023 $5,522 $615,877 $0 $615,877
2022 $3,518 $427,698 $0 $427,698
2021 $3,153 $314,709 $0 $314,709
2020 $3,102 $306,405 $0 $306,405
2019 $3,076 $302,849 $0 $302,849
2018 $3,085 $302,849 $0 $0
2017 $2,847 $274,449 $0 $0
2016 $2,703 $243,981 $0 $0
2015 $2,612 $227,384 $0 $0
2014 $2,681 $227,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598945

Florida Keys Board of REALTORS®

APN: 00090495-000301