NOT LISTED FOR SALE

164 Ocean Bay Dr Unit 6B Key Largo, FL 33037

Estimated Value: $996,348 - $1,788,000

3 Beds
3 Baths
1,722 Sq Ft
$773/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $930,000 $540 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,996/month

20 Days on Market

Highlights

  • Boat Ramp
  • Assigned Dock
  • Home fronts a canal
  • Coral Shores High School Rated A
  • In Ground Pool
  • 1-minute walk to Schwingggg

About This Home

As of June 2022

Rare Opportunity.. 3/3 Townhouse with a 30 Ft Assigned Dock Slip (Accommodates a larger boat) (Located across the street with immediate Ocean access with no fixed Bridge). Tastefully renovated in 2019, this unit has the WOW Factor. Unit is a 2/2 Upstairs with a 1/1 Guest Quarters Downstairs. Sunset Views from your Balcony. Marina Del Rey is a small community with only 11 units. Located in the Heart of Key Largo, walk to the Famous Key Largo Fisheries, or with such easy access to the ocean side, jump on your boat and go fishing, snorkeling, diving, etc. 28. Day Minimum Rentals. Pet-Friendly community.

Last Agent to Sell the Property

Carlos Lorenzo

American Caribbean Real Estate, Christie's International Real Estate License #634298 Listed on: 04/07/2022

Co-Listed By

Jonathan Lorenzo

American Caribbean Real Estate, Christie's International Real Estate License #3328649

Last Buyer's Agent

Karen Williams-deCastro

LPT Realty, LLC License #3314299

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1987

Lot Details

  • Home fronts a canal

HOA Fees

  • $583 Monthly HOA Fees

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • Cathedral Ceiling
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Assigned Dock
  • Dock made with wood
  • Screened Balcony
  • Patio

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00499520-000106

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • 11 Units
  • Marina Del Ray Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,638

Year Built

Built in 1987

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1750.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts, Clubhouse, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3638.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Assigned Parking
  • Year Built: 1987
  • Alternate Key Number: 8708548
  • Building Style: Split Level, Townhouse
  • Cooling Heating: Central Air, Heat, Wall/Window Unit(s)
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1722.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Storage, Smoke Alarms, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: 2/2 Upstairs, 1/1 Downstairs

Exterior Features

  • Dockage: Assigned Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00499520-000106
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 3, 2022
Sold by
Suarez Daniel J and Suarez Vicky J
Bought by
Flesher Eric A and Flesher Lisa M
Seller's Agent
Carlos Lorenzo
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Karen Williams-deCastro
LPT Realty, LLC
List Price
$949,900
Sold Price
$930,000
Premium/Discount to List
-$19,900
-2.09%
Current Estimated Value
$1,331,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,837
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Apr 10, 2018
Sold by
Suarez Pedro O and Suarez Hilda G
Bought by
Suarez Daniel J and Suarez Vicky J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Suarez Pedro O and Suarez Hilda G
Bought by
Suarez Daniel J and Suarez Vicky J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Pinto Pedro J
Bought by
Suarez Pedro O and Suarez Hilda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Ramey Jonathan D and Demarco Peri
Bought by
Pinto Pedro J

Purchase Details

Closed on
Sep 17, 2002
Sold by
Robayna Rene and Robayna Elizabeth
Bought by
Demarco Peri Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,508
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1996
Sold by
Seals William F and Seals Treva L
Bought by
Robayna Eduardo and Robayna Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1995
Bought by
Suarez Pedro O and Suarez Hilda G

Purchase Details

Closed on
Dec 1, 1991
Bought by
Suarez Pedro O and Suarez Hilda G

Purchase Details

Closed on
May 1, 1987
Bought by
Suarez Pedro O and Suarez Hilda G
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 Buyer Sale Price Title Company
Flesher Eric A $930,000 Coral Reef Title
Suarez Daniel J $375,000 None Listed On Document
Suarez Daniel J $375,000 None Listed On Document
Suarez Pedro O $645,000 Attorney
Pinto Pedro J $472,000 --
Demarco Peri Trus $292,000 --
Robayna Eduardo $152,500 --
Suarez Pedro O $152,500 --
Suarez Pedro O $140,000 --
Suarez Pedro O $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suarez Daniel J $281,250
Previous Owner Suarez Daniel J $281,250
Previous Owner Suarez Pedro O $400,000
Previous Owner Robayna Eduardo $262,508
Previous Owner Robayna Eduardo $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $930,000 -2.1% $540 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $949,900 -- $552 / 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 $3,892 $463,683 -- --
2023 $3,892 $450,178 $0 $0
2022 $4,159 $500,614 $0 $0
2021 $3,638 $413,218 $0 $413,218
2020 $3,613 $407,513 $0 $407,513
2019 $3,864 $397,837 $0 $397,837
2018 $3,345 $369,529 $0 $0
2017 $3,051 $325,274 $0 $0
2016 $2,750 $248,140 $0 $0
2015 $2,806 $248,140 $0 $0
2014 $2,846 $248,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600465

Florida Keys Board of REALTORS®

APN: 00499520-000106