$845,000

1530 Ocean Bay Dr Unit 509 Key Largo, FL 33037

Kawama Yacht Club Neighborhood

Estimated payment $6,582/month

Total Views 2,738
2 Beds
2 Baths
1,188 Sq Ft
$711 Price per Sq Ft

Highlights

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

About This Home

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 income-producing investment, this property checks all the boxes. Kawama Tower is nestled within a gated community offering fantastic amenities including a deep-water marina, beach access, pool, tennis courts, and more. Short term rentals permitted, this is a smart addition to any real estate portfolio. Don't miss your chance to own a slice of paradise in Key Largo!

Listing Agent

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1993

HOA Fees

  • $1,350 Monthly HOA Fees

Parking

  • Guest Parking

Interior Spaces

  • 1,188 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Boat Ramp
  • Ocean Front
  • Trailer Storage

Listing and Financial Details

  • Assessor Parcel Number 00090495-000509

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,291

Year Built

Built in 1993

Lot Details

0

HOA Fees

$1,350 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1350.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 99.50
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6290.71
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Trailer Storage
  • Year Built: 1993
  • Alternate Key Number: 8843755
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 1188.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00090495-000509
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,876 $854,771 -- $854,771
2023 $5,876 $832,637 $0 $832,637
2022 $4,735 $589,164 $0 $589,164
2021 $4,414 $493,064 $0 $493,064
2020 $4,338 $481,246 $0 $481,246
2019 $4,136 $456,360 $0 $456,360
2018 $4,206 $456,360 $0 $0
2017 $3,884 $419,342 $0 $0
2016 $3,806 $395,185 $0 $0
2015 $2,394 $227,384 $0 $0
2014 -- $227,384 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $845,000 +81.7% $711 / Sq Ft
06/01/2015 06/01/15 Sold $465,000 -6.1% $352 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $495,000 +80.0% $374 / Sq Ft
05/29/2012 05/29/12 Sold $275,000 0.0% $206 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $275,000 -- $206 / Sq Ft
Source: Florida Keys Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $465,000 Coral Reef Title Company
Special Warranty Deed $275,000 Attorney
Deed In Lieu Of Foreclosure $531,400 Attorney
Quit Claim Deed -- Attorney
Special Warranty Deed -- None Available
Warranty Deed $607,500 Turnkey Title Corporation
Interfamily Deed Transfer -- Titles Unlimited Inc
Quit Claim Deed $35,000 --
Warranty Deed $106,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $238,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $486,000 Fannie Mae Freddie Mac
Previous Owner $50,000 Balloon
Previous Owner $300,000 Balloon
Previous Owner $100,000 New Conventional
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 614754

Florida Keys Board of REALTORS®

APN: 00090495-000509