1500 Ocean Bay Drive S3, Key Largo, FL 33037

$800,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 925 Status: Closed

Current Price: $800,000 List Date: 4/10/2025 Last Modified: 6/05/2025

Overview

Description

Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area along with two patios - one open & one screened; and the top floor includes two more bedrooms and a full bath along with another screened patio. The beautiful & private Kawama Yacht Club offers several heated pools, saltwater swimming lagoons, oceanfront sandy beaches, jetty with gazebo, boat ramp, on site boat storage, tennis, playground, multiple picnic areas and access to a deep water harbor. This gated community is professionally managed and has 24 hour manned security. Short term rentals allowed - this townhome is fully furnished and in an active rental program. You can live here full time, ... (Read more)

Listing Details MLS# 614569

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 #: S3
City: KEY LARGO
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 8630085
Parcel #: 00090493-005500
Zoning: SR - Sub Urban Residential District
Deed Restrictions: Unknown
Legal: UNIT 3 TOWNHOUSES OF KAWAMA A CONDOMINIUM BLDG S OR878-1206 OR930-1937 OR962-2184 OR991-1887 OR1010-985 OR1015-367 OR105
Taxes: 4791.47
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 6
Unit/Complex: Complex
Pool: Yes
Year Built: 1983
Living Apx SqFt: 925
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 3
Lot SqFt: 0
Total Units: 0

Status Change Info

Under Contract Date: 2025-04-15
Sold Date: 2025-06-04
Sold Comments: Furnished

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 925
Maintenance Fee $: 340
Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown
Stories: 3 Stories
Townhouse: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes

Remarks & Misc

Remarks – Consumer: Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area along with two patios - one open & one screened; and the top floor includes two more bedrooms and a full bath along with another screened patio. The beautiful & private Kawama Yacht Club offers several heated pools, saltwater swimming lagoons, oceanfront sandy beaches, jetty with gazebo, boat ramp, on site boat storage, tennis, playground, multiple picnic areas and access to a deep water harbor. This gated community is professionally managed and has 24 hour manned security. Short term rentals allowed - this townhome is fully furnished and in an active rental program. You can live here full time, seasonally or use when you like and rent while you're away! Centrally located to all Key Largo has to offer including the famous Key Largo Fisheries, bars, restaurants, shopping, diving, fishing and more. Close to everything but US1!
Directions: Turn Oceanside onto East Dr at the blinking light at mm99 oceanside. Right on Ocean Bay to Kawama gate. Agent needed to enter, call for an appointment.

Fee Includes

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

Dockage

Boat Ramp: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes

Neighborhood Feature

Beach: Yes
Community Boat Ramp: Yes
Community Pool: Yes
Tennis Courts: Yes

Interior Features

Bar: Yes
Drapes/Blinds Incl: Yes
Smoke Alarms: Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Vehicle Storage

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

Security

Electric Gate: Yes
Manned Gate: Yes

Construction

Concrete: Yes

Land Size

1 Less Than 2 Acres: Yes

Furnished

Furnished: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Title

Title Ins - Buyer: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: No Waterview Dockage: Boat Ramp Building Style: Townhouse Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Bar; Drapes/Blinds Incl; Smoke Alarms Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Pool Info: In Ground Construction: Concrete Floor: Tile Roof: Metal Roof Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Tennis Courts Security: Electric Gate; Manned Gate Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: June - 05 - 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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