$1,000,000
SOLD SEP 18, 2025

165 Ocean Bay Dr Unit 9A Key Largo, FL 33037

3 Beds
3 Baths
1,722 Sq Ft
1987 Built

Recently Sold

$581 Per Sq Ft

17% Below List Price

147 Days on Market

Highlights

  • Assigned Dock
  • Boat Lift
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Boat Slip
  • 1-minute walk to Schwingggg

About This Home

As of September 2025

Catch a sunrise over the canal and palms on your balcony. Enjoy the days catch on the expansive covered lanai with room for several tables and extra entertaining area. Your 38 foot boat slip with a 16,000 pound lift sits right outside this updated end unit townhome. Travertine floors welcome you home to an upgraded kitchen with ample quartz counter space for food prep and serving areas. Island easily sits six people. Open concept to the great room creates an easy island lifestyle. The primary bedroom showcases wood ceilings and an updated bathroom. The secondary bedroom opens up to the updated second bathroom. Up the spiral staircase you will find the loft for additional space. Lots of natural light creates an easy flow in this home. Downstairs efficiency with a bedroom, living area, kitchen and lanai makes for everything a guest or family could want. Side yard beyond the covered lanai and storage shed add to the exterior appeal. John Pennecamp close by and neighboring Island Dolphin Care. Walk to the community park for pickle ball, tennis, softball or to enjoy the green space. Snooks, Key Largo Fisheries and the Pilot House are within walking distance. Publix and other shopping is under a five minute drive. Miami International Airport: about an hour and 15 minute commute. Community pool and tennis court located across the street for your pleasure. HOA fees includes insurance. Boat slip, canal views, upgrades and prime location add up to creating a slice of paradise found!

Last Agent to Sell the Property

CARI BISHOP

Engel & Volkers First Coast License #3341630 Listed on: 03/14/2025

Engel & Volkers First Coast

Last Buyer's Agent

CARI BISHOP

Engel & Volkers First Coast License #3341630 Listed on: 03/14/2025

Engel & Volkers First Coast

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1987

Lot Details

  • Home fronts a canal
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,722 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Loft
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Assigned Dock
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00499520-000109

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Marina Del Ray Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,421

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 833.00
  • Mandatory HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: Bldg Exterior Mnt, Other, 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: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3420.65
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1987
  • Alternate Key Number: 8708572
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Dockage Dock Permit: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1722.00
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Low Flow Toilets
  • Sewer Hook Up: No
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Quartz Countertops, Window Treatments, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl, Terrazzo
  • Specialty Rooms: Loft
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Assigned Dock, Boat Slip, Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Fencing, Storage, Lanai
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Cable Available
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00499520-000109
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Sep 12, 2025
Sold by
Schmidinger Jeffrey S and Schmidinger Laura
Bought by
Novoa Investments If Llc
Seller's Agent
CARI BISHOP
Engel & Volkers First Coast
Buyer's Agent
CARI BISHOP
Engel & Volkers First Coast
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
351.72%

Purchase Details

Closed on
Sep 14, 2022
Sold by
Schmidinger and Laura
Bought by
Jeffrey S Schmidinger And Laura Schmidinger R

Purchase Details

Closed on
Mar 27, 2018
Sold by
Moreau Jonathan P and Moreau Martha P
Bought by
Schmidinger Jeffrey and Schmidinger Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2018
Sold by
Moreau Jonathan P and Moreau Martha P
Bought by
Schmidinger Jeffrey and Schmidinger Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2006
Sold by
Segrera Jose A and Segrera Elaine
Bought by
Moreau Jonathan and Moreau Martha Patricia

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
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2004
Sold by
Beardslee Boyd H and Beardslee Denise M
Bought by
Segrera Jose A and Segrera Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,100
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 1996
Bought by
Moreau Jonathan and Moreau Martha Patricia

Purchase Details

Closed on
Oct 1, 1987
Bought by
Moreau Jonathan and Moreau Martha Patricia
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 $1,000,000 None Listed On Document
Warranty Deed -- --
Warranty Deed -- None Listed On Document
Warranty Deed $515,000 None Listed On Document
Warranty Deed $515,000 None Listed On Document
Warranty Deed $715,000 Attorney
Warranty Deed $467,500 --
Warranty Deed $165,000 --
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $489,250 New Conventional
Previous Owner $489,250 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $444,100 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Sold $1,000,000 -9.0% $581 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $1,099,000 -4.4% $638 / Sq Ft
05/20/2025 05/20/25 Price Changed $1,149,000 -0.9% $667 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,159,000 -3.4% $673 / Sq Ft
03/14/2025 03/14/25 For Sale $1,200,000 -- $697 / 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 $3,264 $382,190 -- --
2023 $3,264 $371,059 $0 $0
2022 $3,085 $360,252 $0 $0
2021 $3,123 $349,760 $0 $349,760
2020 $3,102 $344,931 $0 $344,931
2019 $3,042 $337,176 $0 $337,176
2018 $3,568 $418,003 $0 $0
2017 $3,205 $354,701 $0 $0
2016 $2,837 $258,140 $0 $0
2015 $2,894 $258,140 $0 $0
2014 $2,883 $258,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 614183

Florida Keys Board of REALTORS®

APN: 00499520-000109