1500 Ocean Bay Drive APT A1, Key Largo, FL 33037

New Listing

$750,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 990 Status: Active

Current Price: $750,000 List Date: 8/01/2026 Last Modified: 8/05/2026

Overview

Description

Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows nightly Rentals.This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you're searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in o ... (Read more)

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Listing Details MLS# 620813

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 #: APT A1
City: KEY LARGO
Off Shore Island: No
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Bay/Gulf
Alternate Key #: 1102539
Parcel #: 00090491000101
Zoning: MF - Multi-Family Attached
Deed Restrictions: Unknown
Legal: Unit 1 Kawama Yacht Club Of Key Largo Phase One Sec One Bldg A Or665-94 Or926-1407 Or967-74 Or2915-1732/33
Taxes: 3769.7
Tax Year: 2025
Pub Sewer HkUp: No

Contract Information

Listing Board: Florida Keys

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: No
Pool: Yes
Year Built: 1975
Living Apx SqFt: 990
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: Yes
Control Depth: 0
Lot SqFt: 0
Acres: 0

Association Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: Yes
Association Fee $: 850
Maintenance Fee $: 427
Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown
Townhouse: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes

Remarks & Misc

Remarks – Consumer: Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows nightly Rentals.This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you're searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in one of Key Largo's most sought-after communities.Don't miss this opportunity to own your piece of paradise in the Florida Keys!

Fee Includes

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

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

None: Yes

Waterview

Ocean View: Yes
Salt Ponds: Yes

Vehicle Storage

Guest Parking: Yes
Open Parking: Yes
Trailer Storage: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

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

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: None Waterview: Ocean View; Salt Ponds Dockage: Boat Ramp; Other Dockage Building Style: Townhouse Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Cable Available; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Pool Info: In Ground Construction: CBS; Concrete Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Room Information

Room Name	Level	Remarks
Bedroom 1	Second
Bedroom 2	Second
Bedroom 1	Main	Half Bathroom
Full Bathroom	Second
Full Bathroom	Second

Listing Office: Keller Williams Capital Realty - Coral Gables

Last Updated: August - 05 - 2026

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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