1500 Ocean Bay Drive H5, Key Largo, FL 33037

$750,000

Virtual Tour

https://www.youtube.com/watch?v=PFCEBtLSjLQ

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 918 Status: Closed

Current Price: $750,000 List Date: 4/06/2026 Last Modified: 9/03/2026

Overview

Description

REDUCED !!!!! GREAT DEAL!!! Welcome to Unit H5 at Kawama Yacht Club -- a beautifully updated 2-story, 2 bed / 2 bath townhouse offering 918 sq ft of turnkey living space. Adjacent to the pool area with serene lagoon views, this fully furnished unit is vacation rental-friendly with proven income history. Located in a gated oceanfront community with premium amenities including: 2 Swimming pools Private saltwater lagoon for kayaking, swimming & beach relaxation Large tiki hut for events & gatherings Tenis/ Pickle Courts Private marina with deeded slips Oceanfront grills & firepits HOA covers exterior maintenance, insurance, pest control & more. Weekly rentals allowed. Minutes from top fishing, diving, and dining spots -- live the Key Largo lifestyle or invest in paradise! Text Listing agent for showings

Listing Details MLS# 616611

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 (100.0)
Area: 27 - Key Largo MM 97-107
Unit #: H5
City: KEY LARGO
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 1103161
Handicap Access: Yes
Parcel #: 00090491-000805
Zoning: MF - Multi-Family Attached
Deed Restrictions: No
Legal: UNIT 5 BLDG H KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE OR681-738 OR770-73 OR1530-1598 OR2856-1198/99
Taxes: 3706.87
Tax Year: 2024
Pub Sewer HkUp: No

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Control Depth: 8
Unit/Complex: Unit
Pool: Yes
Year Built: 1975
Living Apx SqFt: 918
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: Yes
Rentals Allowed: Yes
Lot SqFt: 0
Total Units: 0

Status Change Info

Under Contract Date: 2026-07-30
Sold Date: 2026-09-02

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 771
Maintenance Fee $: 385
Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown
Stories: 2 Stories
Townhouse: Yes

More Information

Remarks & Misc

Remarks – Consumer: REDUCED !!!!! GREAT DEAL!!! Welcome to Unit H5 at Kawama Yacht Club -- a beautifully updated 2-story, 2 bed / 2 bath townhouse offering 918 sq ft of turnkey living space. Adjacent to the pool area with serene lagoon views, this fully furnished unit is vacation rental-friendly with proven income history. Located in a gated oceanfront community with premium amenities including: 2 Swimming pools Private saltwater lagoon for kayaking, swimming & beach relaxation Large tiki hut for events & gatherings Tenis/ Pickle Courts Private marina with deeded slips Oceanfront grills & firepits HOA covers exterior maintenance, insurance, pest control & more. Weekly rentals allowed. Minutes from top fishing, diving, and dining spots -- live the Key Largo lifestyle or invest in paradise! Text Listing agent for showings

Fee Includes

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

Dockage

Boat Ramp: Yes
Other Dockage: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Ice Machine: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes
Electric: Yes

Waterfront

Oceanfront: Yes
Salt Ponds: Yes

Waterview

Salt Ponds: Yes

Floor

Tile: Yes

Neighborhood Feature

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

Interior Features

Drapes/Blinds Incl: Yes
Granite Counter Top: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Aluminum Windows: Yes
Single Hung Windows: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Guest Parking: Yes
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

Utilities

Cable Available: Yes
Elect Separate Meter: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes
Screened Patio: Yes

Exterior Features

Chickee Hut: Yes
Sandy Beach: Yes
Tennis Court(s): Yes

Pool Info

In Ground: Yes

Pre-Wired

Cable: Yes
Optical: Yes

Roof

Metal Roof: Yes

Shutters

Accordion: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water; Other Tax Exemptions: None Waterfront: Oceanfront; Salt Ponds Waterview: Salt Ponds Dockage: Boat Ramp; Other Dockage Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Cable Available; Elect Separate Meter; Water Separate Meter Interior Features: Drapes/Blinds Incl; Granite Counter Top Pre-Wired: Cable; Optical Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator Exterior Features: Chickee Hut; Sandy Beach; Tennis Court(s) Pool Info: In Ground Construction: CBS Shutters: Accordion Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Community Boat Ramp; Community Dockage; Community Pool; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional

Room Information

Room Name	Level
Bedroom 1	Second
Bedroom 2	Second
Full Bathroom	Main
Kitchen	Main
Dining Room	Main
Full Bathroom	Second

Listing Office: Real Estate Sales Force - Coral Gables

Last Updated: September - 03 - 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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