1500 Ocean Bay Drive, Unit C5

Key Largo, FL 33037

$759,000
Price
2
Beds
2
Baths
772 Sq. Ft.
$983 / Sq. Ft.
772
Sq. Ft.
$983
per Sq. Ft.

Description

BEAUTIFUL OCEAN SIDE KAWAMA YACHT CLUB 2 Bedroom 2 Bath Townhome, Solid CBS Construction. EXCELLENT RENTAL OPPORTUNITY-Can Rent every 2 Days, projected yearly Rental Income $85,000. Community Marina and Boat Ramp, also Boat-Trailer storage area. Direct Ocean Access to World Class Fishing and Diving in minutes. Kawama's amenities include: 2 Pools, Tiki Pavilion, Barbeque areas, Tennis, Firepit, Playground, Private Beach. Security 24-hour Man Gated, patrolled. Easy access to Downtown Miami, South Beach,...BEAUTIFUL OCEAN SIDE KAWAMA YACHT CLUB 2 Bedroom 2 Bath Townhome, Solid CBS Construction. EXCELLENT RENTAL OPPORTUNITY-Can Rent every 2 Days, projected yearly Rental Income $85,000. Community Marina and Boat Ramp, also Boat-Trailer storage area. Direct Ocean Access to World Class Fishing and Diving in minutes. Kawama's amenities include: 2 Pools, Tiki Pavilion, Barbeque areas, Tennis, Firepit, Playground, Private Beach. Security 24-hour Man Gated, patrolled. Easy access to Downtown Miami, South Beach, and Miami International Airport, Islamorada, Marathon, Key West. Kawama Paradise Awaits.
  1. Listed by Dan Cloud • Water Vista Realty, Inc.

Property Details for 1500 Ocean Bay Drive, Unit C5

Waterfront
Oceanfront, Salt Ponds, Open Water
Waterfront
Yes
Zoning
RM-1 - Residential Medium - 1
Subdivision
Kawama Yacht Club (100.0)
Directions
Overseas Highway - at MM 100 traffic light, turn towards Ocean Side on Atlantic Blvd. At Homestead Ave turn right, then left onto Ocean Bay Drive to Kawama Yacht Club entrance on the right.
Vehicle Storage
Open Parking, Trailer Storage
LISTING UPDATED: 11/30/2024 08:07 PM

Property Details for 1500 Ocean Bay Drive, Unit C5

StatusContingent
MLS #612168
Days on Market44
Taxes$3,428 / year
HOA Fees$1,100
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built1975
Lot Size0.02 AC / 772 SF
CountyMonroe County

Building

1500 Ocean Bay Dr

1 Units2 StoriesBuilt in 1975

Building Information for 1500 Ocean Bay Drive, Unit C5

Stories2Residences1Year Built1975Lot Size0.02 AC / 772 SF

Property Information for 1500 Ocean Bay Drive, Unit C5

Summary
Location and General Information
  • Waterview: Salt Ponds
  • Area: 27 - Key Largo MM 97-107
  • Absolute Longitude: 80.443629
  • Control Depth: 4
  • Listing Board: Florida Keys
  • Side: Ocean
  • Unit/Complex: Complex
  • Mile Marker: 100.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Community Pool, Beach, Manager on Premises, Tennis Courts, Community Boat Ramp
  • Key/Island: Key Largo
Owner
  • Owner Name: Keys Lanikai Retreat LLC
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Sewer
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Parcel #: 00090491-000305
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG C OR715-389 OR889-2097 OR991-2071 OR1647-951/52 OR1648-2451
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Yes
  • Picture Count: 38
  • Document Count: 0
  • Building Style: Above Flood: No
  • Property Condition: Updated/Remodeled
  • Security: Electric Gate, Patrolled Area, Manned Gate
Utilities
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Deck, Screened Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile, Laminate
  • Interior Features: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Storage, Pantry, Fireplace(s)
  • Pre-Wired: Cable
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Construction: CBS
  • Dockage: Boat Ramp, Other Dockage
  • Exterior Features: Storage
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows

Property History for 1500 Ocean Bay Drive, Unit C5

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 Ocean Bay Drive, Unit C5

Taxable ValueLand-Additions$464,864Total-
Tax Record2023$3,428 ($286 / month)
Home Facts
Beds1Baths1Total Finished SqFt772 SqFtAbove Grade Finished SqFt772 SqFtLot Size147,999 SqFtStyleCondominiumYear Built1975CountyMONROEAPN00090491-000305

Schools near 1500 Ocean Bay Drive, Unit C5

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Key Largo School
PublicPK to 8

Key West High School
Public9 to 12

Ocean Studies Charter
CharterK to 8

Coral Shores High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Water Vista Realty, Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.