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

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, 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!

More Information MLS# 614569

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $800,000 Listing Date: 2025-04-09 Sold Price: $800,000

Location, Tax & Legal

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 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

General Property Description

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

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.

Status Change Info

Sold Comments: Furnished Sold Date: 2025-06-04 Sold Price: $800,000 Status: Closed

Association Info

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

Fee Includes

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

Dockage

Boat Ramp: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Community Boat Ramp: 1 Community Pool: 1 Tennis Courts: 1

Interior Features

Bar: 1 Drapes/Blinds Incl: 1 Smoke Alarms: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown Stories: 3 Stories Townhouse: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1 Trailer Storage: 1

Security

Electric Gate: 1 Manned Gate: 1

Construction

Concrete: 1

Land Size

1 Less Than 2 Acres: 1

Furnished

Furnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Pool Info

In Ground: 1 Heated: Yes

Roof

Metal Roof: 1

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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