Derek Varona
Sea Grove Realty
(786) 460-5548
104 Total Sales
1 in Key Largo
$1,666,000 Price
1501 Ocean Bay Dr Unit 12 Key Largo, FL 33037
Key Largo Area
3
Beds
3
Baths
2,261
Sq Ft
7
Acre Lot
Highlights
- Ocean Front
- Boat Ramp
- Beach
- Coral Shores High School Rated A
- Assigned Dock
- Boat Lift
About This Home
As of March 2023Key Largo Yacht Club is an exclusive and secluded gated community with only 24 units situated oceanside where privacy abounds. As you enter this rare 3 bedroom 3 bath home through the enclosed two-car garage and secondary living space downstairs, you will find a full bathroom and built-in bar perfect for entertaining guests. French doors lead outside to your outdoor patio space overlooking the marina, ocean andTWO deeded boat slips. One boat slip includes a 10K boat lift with sweeping ocean views.A stately chef's kitchen with an oversized island, granite countertops, stainless steel appliances, porcelain wood-like tiled floors encompass the main living level as well as two guest suites with private terraces sharing a full bathroom in the hallway. The tranquil master suite envelops the entire third floor with views of the ocean, marina and pool. Complete with cathedral ceilings, an oversized terrace and an en-suite spa bathroom with wet bar where you can make your morning coffee and enjoy east ocean breezes. The master bedroom, bathroom and walk-in closet are accessible through each doorway from the third floor. Each floor of this unit can be accessed via an acrylic cylindrical interior elevator lift. Additional offerings include LED lighting throughout, hardwood flooring on all the staircases and impact windows and doors with exception of a few openings on ground level.Community amenities include a heated pool, clubhouse, ocean front tiki huts, covered cabana area, lighted tennis court, putting green, archery and target range, fenced playground, basketball court, on site trailer storage, fish cleaning station and a private boat ramp.
Last Agent to Sell the Property
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty License #662034_1 Listed on: 08/16/2022
Last Buyer's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty License #662034_1 Listed on: 08/16/2022
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $375
Year Built
- Built in 1997 | Remodeled
Lot Details
- Ocean Front
- Sandy Beach
- Sprinkler System
HOA Fees
- $1,950 Monthly HOA Fees
Property Views
- Ocean
- Harbor
Home Design
- Pre-Cast Concrete Construction
Interior Spaces
- 2,261 Sq Ft Home
- 3-Story Property
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Entrance Foyer
- Workshop
Kitchen
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 3 Car Garage
- Automatic Garage Door Opener
- Electric Gate
- Guest Parking
- Open Parking
- Off-Street Parking
Accessible Home Design
- Accessible Elevator Installed
- Handicap Accessible
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
Pool
- Heated In Ground Pool
- Pool Deck
Outdoor Features
- Boat Lift
- Boat Ramp
- Boat Slip
- Assigned Dock
- Dock made with concrete
- Balcony
- Deck
- Patio
- Exterior Lighting
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Public Hookup Available For Sewer
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 28
- Assessor Parcel Number 00090401-000412
Community Details
Overview
- Association fees include exterminating, security, common area mnt, building insurance, bldg exterior mnt
- 24 Units
- Key Largo Yacht Club Subdivision
- Rental Restrictions
Amenities
- Clubhouse
Recreation
- Boat Ramp
- Community Boat Dock
- Beach
- Tennis Courts
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed with Restrictions
Security
- Impact Glass
- Fire and Smoke Detector
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2022
Closed on
Mar 23, 2023
Sold by
Schroeders Jon Paul and Schroeders Joint Revocable Trust
Bought by
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$785,267
Interest Rate
5.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2014
Sold by
The Jefferson Investments Family Limited
Bought by
Martinez Armando M and Mazza Martinez Tania A
Purchase Details
Closed on
Sep 26, 2013
Bought by
Martinez Armando M
Purchase Details
Closed on
Jul 16, 2013
Sold by
Pinto Pedro J and Depinto Maria De
Bought by
Northey Charles R and Northey Rhonda
Purchase Details
Closed on
Dec 10, 1999
Bought by
Martinez Armando M
Purchase Details
Closed on
Feb 1, 1997
Bought by
Martinez Armando M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Key Largo, FL
-
Derek Varona
-
Claudia Arias-Schreiber
Claudia Arias-Schreiber
Xcellence
(866) 744-8864
23 Total Sales
1 in Key Largo
$825,000 Price
-
Elisa Guifarro
Elisa Guifarro
Miami Realty Dreams Inc.
(786) 544-6469
79 Total Sales
1 in Key Largo
$920,000 Price
-
Ernesto Bascuas
Ernesto Bascuas
Compass Florida, LLC
(786) 590-0267
81 Total Sales
1 in Key Largo
$655,000 Price
-
Javier Forbes
JF
Javier Forbes
PRIME AGENT GROUP, LLC.
(786) 460-7470
24 Total Sales
2 in Key Largo
$850,000 Price Range
-
Lorie Leal
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
(855) 720-8007
116 Total Sales
87 in Key Largo
$2K - $2.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,100,000 | None Listed On Document | ||
| Martinez Armando M | -- | None Available | |
| Martinez Armando M | $590,000 | -- | |
| Northey Charles R | $550,000 | Absolute First Title Llc | |
| Martinez Armando M | $550,000 | -- | |
| Martinez Armando M | -- | -- | |
| Martinez Armando M | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $825,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $1,100,000 | -12.0% | $487 / Sq Ft | |
| 03/01/2023 03/01/23 | For Sale | $1,250,000 | 0.0% | $553 / Sq Ft | |
| 02/17/2023 02/17/23 | Pending | -- | -- | -- | |
| 02/05/2023 02/05/23 | Price Changed | $1,250,000 | -10.4% | $553 / Sq Ft | |
| 09/04/2022 09/04/22 | Price Changed | $1,395,000 | -4.1% | $617 / Sq Ft | |
| 08/16/2022 08/16/22 | For Sale | $1,455,000 | +86.5% | $644 / Sq Ft | |
| 02/01/2018 02/01/18 | Sold | $780,000 | 0.0% | $240 / Sq Ft | View Prior Sale |
| 02/01/2018 02/01/18 | Sold | $780,000 | -5.5% | $240 / Sq Ft | View Prior Sale |
| 01/08/2018 01/08/18 | Pending | -- | -- | -- | |
| 12/28/2017 12/28/17 | Price Changed | $825,000 | -2.4% | $253 / Sq Ft | |
| 10/11/2017 10/11/17 | For Sale | $845,000 | 0.0% | $260 / Sq Ft | |
| 10/11/2017 10/11/17 | For Sale | $845,000 | -- | $260 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $627 | $79,500 | $79,500 | |
| 2024 | $512 | $79,500 | $79,500 | |
| 2023 | $512 | $79,500 | $79,500 | $0 |
| 2022 | $438 | $67,500 | $67,500 | $0 |
| 2021 | $375 | $46,200 | $0 | $46,200 |
| 2020 | $377 | $46,200 | $0 | $46,200 |
| 2019 | $378 | $46,200 | $0 | $46,200 |
| 2018 | $283 | $46,200 | $0 | $0 |
| 2017 | $222 | $31,610 | $0 | $0 |
| 2016 | $183 | $21,144 | $0 | $0 |
| 2015 | $186 | $21,144 | $0 | $0 |
| 2014 | $191 | $21,144 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
TEAM Walters Gloria, Rachel and Michae
TG
Seller's Agent in 2023
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
(305) 712-8888
60 Total Sales
-
Terry Canto
Seller's Agent in 2018
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
(305) 394-3037
168 Total Sales
-
MC
Seller's Agent in 2018
Maria Canto
American Caribbean Real Estate
-
AZ
Buyer's Agent in 2018
Ana Zalesky, P.A.
Shoreline Properties
-
AZ
Buyer's Agent in 2018
Ana Zalesky
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
-
Ana G Zalesky
Buyer's Agent in 2018
Ana G Zalesky
Coldwell Banker Schmitt Key Largo
(305) 394-1404
23 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 602212
APN: 00090401-000412
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.
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