1500 Ocean Bay Dr
Key Largo, FL 33037
3 bd 3 ba 925 sqft Built 1983 townhomes
Most recent sale
$617,500
May 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 5, 2022 | Sold | $617,500 | MLS #600888 |
| Aug 3, 1998 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $541,113 | — | $541,113 | $4,930 |
| 2023 | $520,861 | — | $520,861 | $4,591 |
| 2021 | — | — | $261,204 | $2,571 |
| 2020 | $237,458 | — | $237,458 | $2,346 |
| 2019 | — | — | $218,590 | $2,219 |
| 2018 | — | — | $198,718 | $2,149 |
| 2017 | $239,584 | — | $239,584 | $2,090 |
| 2016 | $226,804 | — | $226,804 | $2,025 |
| 2015 | $149,300 | — | $149,300 | $1,715 |
| 2014 | — | — | $144,797 | $1,728 |
| 2013 | — | — | $131,634 | $1,622 |
| 2012 | — | — | $119,769 | $1,505 |
| 2011 | — | — | $122,828 | $1,541 |
| 2010 | — | — | $188,181 | $2,219 |
| 2009 | — | — | $262,387 | $2,726 |
| 2008 | — | — | $299,495 | $2,609 |
| 2007 | — | — | $456,950 | $3,657 |
Property facts
Year built
1983
Property type
townhomes
Stories
—
Beds
3
Baths
3
Living area
925 sqft
Lot size
—
ZIP code
33037
City
Key Largo
Street
Ocean Bay Dr
Coordinates
25.07964, -80.44312
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,705
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1500 Ocean Bay Dr last sell?
1500 Ocean Bay Dr most recently sold on May 5, 2022 for $617,500.
What is the current tax assessment for 1500 Ocean Bay Dr?
The most recent total assessment for 1500 Ocean Bay Dr (year 2025) is $541,113 with $4,930 in property tax.
How does 1500 Ocean Bay Dr's assessment compare to its last sale price?
The current assessment is 12.4% below the last sale price of $617,500.
When was 1500 Ocean Bay Dr built?
1500 Ocean Bay Dr was built in 1983.
How does 1500 Ocean Bay Dr compare to others on Ocean Bay Dr?
We track 8 other properties on Ocean Bay Dr. Browse the list under "Other properties on Ocean Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 1500 Ocean Bay Dr?
1500 Ocean Bay Dr is a 3 bed, 3 bath, 925 sqft townhomes.
Is 1500 Ocean Bay Dr a flip candidate?
No — 1500 Ocean Bay Dr does not appear in our flips dataset.
Is 1500 Ocean Bay Dr a tax-appeal candidate?
No — 1500 Ocean Bay Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.47M
2026 Q4
$1.45M
ZIP 33037 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean Bay Dr