Seller's Agent in 2025
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
(305) 394-3037
184 in this area
240 Total Sales
1530 Ocean Bay Dr Unit 509 Key Largo, FL 33037
2
Beds
2
Baths
1,332
Sq Ft
$245/mo
HOA Fee
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 August 2025Top floor with direct ocean views! Great rental property and comes nicely furnished, with one of the largest TV's you have ever seen. Saltillo tile flooring, tiled kitchen & open porch overlooking ocean. Laundry room just outside door.Property has guard at gate,community pools,tennis, marina and beach.
Last Agent to Sell the Property
Debrah Bennett
Default Realty Services, Inc. License #1021309 Listed on: 05/04/2012
Last Buyer's Agent
Karol Marsden
Freewheeler Realty, Inc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,781
Year Built
- Built in 1993
HOA Fees
- $245 Monthly HOA Fees
Home Design
- Concrete Roof
Interior Spaces
- 1,332 Sq Ft Home
- 4-Story Property
- Furnished
- Ceiling Fan
- Sliding Doors
- Tile Flooring
- Ocean Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Pool
- Balcony
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Community Sewer or Septic
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Ocean Front
Listing and Financial Details
- Assessor Parcel Number 00090495-000509
Community Details
Overview
- $495 Maintenance Fee
- Association fees include bldg exterior mnt, security, sewer, exterminating, common area mnt, building insurance
- 48 Units
- Kawama Tower Subdivision
Recreation
- Boat Ramp
- Beach
- Tennis Courts
- Community Pool
Pet Policy
- Pet Restriction: YES
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
Aug 25, 2025
Sold by
Laue Hans and Laue Laura B
Bought by
Kawama 509 Llc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
List Price
$845,000
Sold Price
$786,000
Premium/Discount to List
-$59,000
-6.98%
Views
130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.79%
Purchase Details
Closed on
Sep 23, 2024
Sold by
Laue Hans and Laue Laura B
Bought by
Laue Family Trust and Laue
Purchase Details
Listed on
Apr 10, 2015
Closed on
May 1, 2015
Sold by
Graf David R and Graf Erin J
Bought by
Laue Hans and Laue Laura B
Seller's Agent
Karol Marsden
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$275,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 4, 2012
Closed on
May 18, 2012
Sold by
Bankunited Na
Bought by
Graf David R and Graf Erin J
Seller's Agent
Debrah Bennett
Default Realty Services, Inc.
Buyer's Agent
Karol Marsden
Freewheeler Realty, Inc.
List Price
$275,000
Sold Price
$275,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.07%
Purchase Details
Listed on
May 4, 2012
Closed on
Apr 12, 2012
Sold by
Conrad Charles Parker and Conrad Charles
Bought by
Bankunited
Seller's Agent
Debrah Bennett
Default Realty Services, Inc.
Buyer's Agent
Karol Marsden
Freewheeler Realty, Inc.
List Price
$275,000
Sold Price
$275,000
Purchase Details
Listed on
May 4, 2012
Closed on
Apr 11, 2012
Sold by
Conrad Lori
Bought by
Bankunited
Seller's Agent
Debrah Bennett
Default Realty Services, Inc.
Buyer's Agent
Karol Marsden
Freewheeler Realty, Inc.
List Price
$275,000
Sold Price
$275,000
Purchase Details
Closed on
Sep 19, 2008
Sold by
Conrad Lori D
Bought by
Conrad Charles Parker
Purchase Details
Closed on
Jan 6, 2006
Sold by
Martinez Jorge L
Bought by
Conrad Charles and Conrad Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
0.95%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 26, 2003
Sold by
Martinez Elvira
Bought by
Martinez Jorge L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2001
Sold by
Martinez Jorge L and Martinez Maria
Bought by
Martinez Jorge L
Purchase Details
Closed on
Oct 1, 1995
Bought by
Laue Hans and Laue Laura B
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $786,000 | Temple Title Llc | |
| 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 | $275,000 | New Conventional | |
| Previous Owner | $486,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $786,000 | -4.7% | $662 / Sq Ft |
| 07/27/2025 07/27/25 | Pending | -- | -- | -- |
| 07/04/2025 07/04/25 | Price Changed | $825,000 | -2.4% | $694 / Sq Ft |
| 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®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Terry Canto
-
Karol Marsden
Seller's Agent in 2015
Karol Marsden
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
(305) 395-1975
6 in this area
25 Total Sales
-
T
Buyer's Agent in 2015
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
-
D
Seller's Agent in 2012
Debrah Bennett
Default Realty Services, Inc.
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 557957
APN: 00090495-000509
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.
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.
Nearby Homes
- 1530 Ocean Bay Dr Unit 508
- 1530 Ocean Bay Dr Unit 411
- 1500 Ocean Bay Dr Unit H5
- 1500 Ocean Bay Dr Unit J7
- 1500 Ocean Bay Dr Unit H-12
- 1500 Ocean Bay Dr Unit B8
- 1501 Ocean Bay Dr Unit A2
- 1501 Ocean Bay Dr Unit B7
- 1501 Ocean Bay Dr Unit A1
- 1501 Ocean Bay Dr Unit A1 & 50' Boat Slip
- 165 Ocean Bay Dr Unit 9A
- 251 S Ocean Shores Dr
- 26 Corrine Place
- 181 Ocean View Dr
- 98701 Overseas Hwy
- 60 Ocean Front Dr
- 2 Fisherman's Trail
- 98703 Overseas Hwy
- 30 Ocean Front Dr
- 2 Fishermans Trail