1500 Ocean Bay Drive C5, Key Largo, FL 33037

$740,000

Virtual Tour

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 772 Lot Size (sq. ft.): 772 Status: Closed

Current Price: $740,000 List Date: 11/08/2024 Last Modified: 1/03/2025

Overview

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, and Miami International Airport, Islamorada, Marathon, Key West. Kawama Paradise Awaits.

Listing Details MLS# 612168

Location, Tax & Legal

Street #: 1500
Street Name: Ocean Bay
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Kawama Yacht Club (100.0)
Area: 27 - Key Largo MM 97-107
Unit #: C5
City: KEY LARGO
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1102750
Parcel #: 00090491-000305
Zoning: RM-1 - Residential Medium - 1
Deed Restrictions: Yes
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
Taxes: 3427.77
Tax Year: 2023
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 4
Unit/Complex: Complex
Pool: Yes
Year Built: 1975
Lot SqFt: 772
Living Apx SqFt: 772
SqFt Source: Tax Records
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 2
Total Units: 0

Status Change Info

Under Contract Date: 2024-11-30
Sold Date: 2025-01-03

Association Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1100

Building Style

Above Flood: No
Stories: 2 Stories

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: 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.
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.

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Cable: Yes
Common Area Mnt: Yes
Security: Yes
Sewer: Yes

Dockage

Boat Ramp: Yes
Other Dockage: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes
Salt Ponds: Yes

Waterview

Salt Ponds: Yes

Floor

Laminate: Yes
Tile: Yes

Neighborhood Feature

Beach: Yes
Community Boat Ramp: Yes
Community Pool: Yes
Manager on Premises: Yes
Tennis Courts: Yes

Interior Features

Drapes/Blinds Incl: Yes
Fireplace(s): Yes
Pantry: Yes
Smoke Alarms: Yes
Storage: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Aluminum Windows: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Open Parking: Yes
Trailer Storage: Yes

Security

Electric Gate: Yes
Manned Gate: Yes
Patrolled Area: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
No Seller Finance: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Deck: Yes
Screened Patio: Yes

Exterior Features

Storage: Yes

Pool Info

In Ground: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer Tax Exemptions: None Waterfront: Oceanfront; Open Water; Salt Ponds Waterview: Salt Ponds Dockage: Boat Ramp; Other Dockage Property Condition: Updated/Remodeled Vehicle Storage: Open Parking; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Fireplace(s); Pantry; Smoke Alarms; Storage; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Storage Pool Info: In Ground Construction: CBS Floor: Laminate; Tile Roof: Metal Roof Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance

Listing Office: Water Vista Realty, Inc.

Last Updated: January - 03 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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