1500 Ocean Bay Drive F2, Key Largo, FL 33037

$800,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 918 Lot Size (sq. ft.): 918 Status: Closed

Current Price: $800,000 List Date: 3/11/2025 Last Modified: 5/28/2025

Description

A Rare Key Largo Gem - A Lucrative Investment & Coastal Escape! THIS BUSINESS IS BEING SOLD WITH OVER ONE HUNDRED 5 STAR REVIEWS THAT WILL BE TRANSFERED TO NEW BUYER ENSURING IMMEDIATE RENTALL SUCCESS Discover a one-of-a-kind opportunity at Kawama Yacht Club, one of the few communities in Key Largo that allows daily rentals, making it a highly profitable investment or the ultimate weekend retreat! This stunning townhouse has been professionally designed by an interior designer and boasts all five-star reviews from satisfied guests. Every detail has been thoughtfully curated to provide an elevated living experience, combining modern elegance with coastal charm. Located in a gated waterfront community, this home offers resort-style amenities, private beach access, pools, and breathtaking ocean views. Whether you're looking for an income-generating vacation rental or a personal retreat in paradise, this property is a rare find that checks all the boxes. Don't miss this incredible opportunity—schedule your private showing today!

More Information MLS# 614123

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $800,000 Listing Date: 2025-03-11 Sold Price: $800,000

Location, Tax & Legal

Unit #: F2 City: KEY LARGO Mile Marker: 100 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE Alternate Key #: 1102911 Parcel #: 00090491-000602 Zoning: RH - Resort Hotel Deed Restrictions: No Legal: UNIT F -2 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE OR686-789 OR800-794 OR863-1010 OR948-1905 OR948-1906/07 OR251 Taxes: 3812.54 Tax Year: 2024 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: 5 Lot Size: 0 Lot SqFt: 918 Unit/Complex: Complex Pool: Yes Lot Sqft Source: Tax Records Total Units: 1 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Style: Townhouse Year Built: 1975 Living Apx SqFt: 918 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: A Rare Key Largo Gem - A Lucrative Investment & Coastal Escape! THIS BUSINESS IS BEING SOLD WITH OVER ONE HUNDRED 5 STAR REVIEWS THAT WILL BE TRANSFERED TO NEW BUYER ENSURING IMMEDIATE RENTALL SUCCESS Discover a one-of-a-kind opportunity at Kawama Yacht Club, one of the few communities in Key Largo that allows daily rentals, making it a highly profitable investment or the ultimate weekend retreat! This stunning townhouse has been professionally designed by an interior designer and boasts all five-star reviews from satisfied guests. Every detail has been thoughtfully curated to provide an elevated living experience, combining modern elegance with coastal charm. Located in a gated waterfront community, this home offers resort-style amenities, private beach access, pools, and breathtaking ocean views. Whether you're looking for an income-generating vacation rental or a personal retreat in paradise, this property is a rare find that checks all the boxes. Don't miss this incredible opportunity—schedule your private showing today!

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Condo Doc's: Yes Assoc Approval Req: No Association Fee $: 395.56 Maintenance Fee $: 771 Assoc/Mnt Fee Per: Monthly

License Info

# of City License: 1 # of County License: 1

Fee Includes

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

Dockage

Boat Ramp: 1 Other Dockage: 1

Tax Exemptions

None: 1

Appliances

Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Lake Front: 1

Waterview

Lake View: 1

Floor

Vinyl: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Community Boat Ramp: 1 Community Dockage: 1 Community Pool: 1 Tennis Courts: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Quartz Countertops: 1 Smoke Alarms: 1 Walk-in Closet(s): 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Sliding Glass Doors: 1

Vehicle Storage

Open Parking: 1

Security

Manned Gate: 1 Patrolled Area: 1

Construction

CBS: 1

Land Size

10 or more Acres: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Community Swr Plant: 1

Porch/Balcony

Open Porch/Balcony: 1 Screened P/B: 1

Title

Title Ins - Buyer: 1

Exterior Features

Built-in Grill: 1 Chickee Hut: 1 Gazebo: 1 Lighting: 1 Outdoor Kitchen: 1 Sandy Beach: 1 Sprinkler System: 1 Tennis Court(s): 1

Pool Info

In Ground: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

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

Shutters

Accordion: 1

GF-Interior Features

Dual Flush: 1 Programmable Thermst: 1

Status Change Info

Sold Date: 2025-05-27 Sold Price: $800,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security Tax Exemptions: None Waterfront: Lake Front Waterview: Lake View Dockage: Boat Ramp; Other Dockage Property Condition: Updated/Remodeled Vehicle Storage: Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Cable Available; Community Swr Plant Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Appliances: Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Built-in Grill; Chickee Hut; Gazebo; Lighting; Outdoor Kitchen; Sandy Beach; Sprinkler System; Tennis Court(s) Pool Info: In Ground Construction: CBS Shutters: Accordion Floor: Vinyl Roof: Metal Roof Neighborhood Feature: Beach; Bike Paths; Community Boat Ramp; Community Dockage; Community Pool; Tennis Courts Security: Manned Gate; Patrolled Area Land Size: 10 or more Acres Terms: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer GF-Interior Features: Dual Flush; Programmable Thermst

Listing Office: Pedrin of Miami Realty, Inc.

Last Updated: May - 28 - 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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