Home » Key Largo » 1500 Ocean Bay Dr B3, Key Largo, FL 33037 | A11607658

Sold 1500 Ocean Bay Dr B3, Key Largo, FL 33037

$729,000
closed for a price of $735,000

Property Highlights

Listing ID A11607658 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 748 Sqft/69.49 m2 approx. Building Area 748 Sqft/69.49 m2 approx. COMMUNITY POOL Year Built 1975 Waterfront Lease Term Minimum Duration: 7 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 7 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 48 Days

1500 Ocean Bay Dr B3, Key Largo, FL 33037

Property Description: Amazing townhome in coveted Kawama Yacht Club available to make your Florida Keys home a reality! This 2 bedroom 2 bathroom unit comes fully furnished and can be your turn-key income-producing short term rental, or your family 's keys getaway. Fully remodeled down to the studs, impact windows, new A/C in 2019, custom kitchen and bathrooms, and has the community pool and lagoon right behind it. Guarded gate with security patrol. Community has 2 pools and a large lagoon and a private marina with community boat storage (first come first serve) and boat ramp. Community also has fire pits and bbq grills by the water. Plenty of parking. This unit truly needs nothing, just bring your toys and come enjoy the keys laid back lifestyle! Golf cart is included with the sale! Buyer to Verify HOA fees.

Useful Info

Contingency:No Contingencies
Original List Price:$729,000
Close Price:$735,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • Split-level
Property Condition:
  • Updated/remodeled
Levels:Multi/Split
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:2

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Water
  • Lagoon
Waterfront:Yes
Waterfront Features:
  • Lagoon
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Security Guard
  • Complex Fenced
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
  • Ice Maker
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • Closet Cabinetry
  • Loft
  • Family/dining Room
  • Main Living Area Entry Level
  • Upper Level Primary
Exterior Features:
  • Deck
  • Security/high Impact Doors
  • Enclosed Porch
Patio and Porch Features:
  • Deck
  • Porch
  • Screened
Window Features:
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$3,600

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$1,017
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions,Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Marina
  • Pool
  • Bike Storage
  • Cabana
  • Barbecue
  • Picnic Area
  • Pier
Subdivision Name:KAWAMA YACHT CLUB
Association Fee Includes:
  • Trash
  • Security
  • Maintenance Structure
  • Common Areas
  • Amenities
Complex Name:KAWAMA YACHT CLUB
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space
  • Two Or More Spaces
  • Golf Cart Garage

More Details

Other Information:
Unit ViewLagoon,Pool Area View,Water View
Housing Older Persons ActNo HOPA
Unit DesignSubstantially Remodeled,Split Level
Type of AssociationCondo,Homeowners
Minimum Number of Days for Lease7
Type of Governing BodiesHomeowner Association
Pet Fee0
Tax InformationTax Reflects No Exemptions,Tax Reflects No Homestead Tax
Number of times allowed to lease per year52
Flood ZoneAE
Building NumberB
Homeowner's Association Application Fee100
Rooms DescriptionFamily Room,Florida Room,Loft,Storage Room,Utility Room/Laundry
Style Townhouse Condo
FEMA Flood Zone DesignationsAE
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:Community Boat Ramp,Unrestricted Salt Water Access

Zoning and Legal

Tax Legal Description:UNIT 3 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG B OR686-798 OR1984-1033/35 OR2558-1019 OR2940-0643
Real Estate Folio Number (Parcel Number):00090491-000203

Listing History

Update/EventDate/Days
Published Date:June 15, 2024 11:33 pm
On Market Date:June 15, 2024
Activation Date:June 19, 2024
Close Date:August 2, 2024
Price Change Date Time:June 15, 2024 11:13 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 11, 2024 10:27 pm
Status Last Changed:August 11, 2024 10:27 pm
Photos Last Modified:June 19, 2024 4:50 am
Last Modified:August 12, 2024 2:27 am
Days on the Market Reference Date:August 12, 2024
Days on the Market (updated on Last Modified*):6
Cumulative Days on the Market (updated on Last Modified**):6

Additional Information

Unit Location:Substantially Remodeled,Split Level
Number of Photos:24
Location:,,
Included:,,
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:98 Florida Keys
Courtesy of:INMO Brokers Group, LLC.
Universal Property Id:US-12087-N-00090491000203-R-N

Location

Show Property Address:Yes
Street Name:Ocean Bay Dr
Street Number:1500
Street Address:1500 Ocean Bay Dr B3
Unit Number:B3
City : Key Largo
State : Florida
Zip Code : 33037
County : Monroe County
Full Address:1500 Ocean Bay Dr B3, Key Largo, FL 33037
Latitude:N25° 4' 49.6''
Longitude:W81° 33' 22.9''

Neighborhood

Postal City:Key Largo

Property Map

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