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  • 1500 Ocean Bay Drive C5, Key Largo, FL 33037 (MLS# 612168)

1500 Ocean Bay Drive C5, Key Largo, FL 33037

$740,000
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

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.

More Information MLS# 612168

Contract Information

Listing Board: Florida Keys Potential Short Sale: No Bank Owned: No Current Price: $740,000 Listing Date: 2024-11-07 Sold Price: $740,000

Location, Tax & Legal

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 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

General Property Description

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

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.

Association Info

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

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Security: 1 Sewer: 1

Dockage

Boat Ramp: 1 Other Dockage: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1 Salt Ponds: 1

Waterview

Salt Ponds: 1

Floor

Laminate: 1 Tile: 1

Neighborhood Feature

Beach: 1 Community Boat Ramp: 1 Community Pool: 1 Manager on Premises: 1 Tennis Courts: 1

Interior Features

Drapes/Blinds Incl: 1 Fireplace(s): 1 Pantry: 1 Smoke Alarms: 1 Storage: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: No Stories: 2 Stories

Windows/Doors

Aluminum Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Open Parking: 1 Trailer Storage: 1

Security

Electric Gate: 1 Manned Gate: 1 Patrolled Area: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Screened Patio: 1

Exterior Features

Storage: 1

Pool Info

In Ground: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

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

Status Change Info

Sold Date: 2025-01-03 Sold Price: $740,000 Status: Closed

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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