1530 Ocean Bay Dr Unit 509 Key Largo, FL 33037
Estimated payment $6,595/month
Total Views
10,650
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!
Last Listed By
American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 04/23/2025
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
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
Map
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Home Values in the Area
Average Home Value in this Area
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®
Purchase 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
Similar Homes in the area
Source: Florida Keys Board of REALTORS®
MLS Number: 614754
APN: 00090495-000509
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