FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$790,00070 days on marketActive

1500 Ocean Bay Drive F5, Key Largo, FL 33037

Key Largo, FL 33037
2
Beds
2
Baths
918
Sq Ft
$861
$/Sq Ft
1975
Year Built

Listing Snapshot

List Price$790,000
Price / Sq Ft$861
Beds2
Baths2
Living Area918 sqft
Year Built1975
Property Tax$5,999/yr
HOA / Condo Fee$850 / monthly
MLS #1156296485
StatusActive
Days on Market70

About This Home

Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid's area. This unit has everything you need to use for your own enjoyment and generate an income when you are not using it.

General Features

Property Type
Residential
Sub-type
Condominium
Stories
2
Parking
Boat,Guest,Open,RvAccessParking
Security
SecurityGuard
Subdivision
KAWAMA YACHT CLUB

Interior Features

Appliances
Dryer,Dishwasher,Microwave,Refrigerator,Washer
Flooring
CeramicTile,Vinyl
Heating
Central
Cooling
CentralAir
Interior Features
UpperLevelPrimary
Furnished
Furnished

Exterior Features

Construction
Block
Exterior Features
Balcony,OutdoorLivingArea,Porch
Patio / Porch
Deck,Porch,Screened,Balcony
Pool Features
Association
View
Lagoon
Waterfront
Yes
Waterfront Features
Lagoon,OceanFront

Community Features

Community Features
HomeOwnersAssociation
Association Amenities
Pool,TennisCourts
Association Dues
$850 / monthly
MLS Area
5940 - Other Florida County

Schools

ElementaryKey Largo
MiddleKey Largo
HighCoral Shores

Map

Virtual Tour

View Virtual Tour
Listed by Amy Bruggeman · American Caribbean Real Estate
MLS# 1156296485 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

Interested in this home?

Schedule a showing or ask a question — buyer representation is free.

Estimate Your Payment

$

20% down · Loan: $632,000

%
Est. Monthly$5,661
Principal & Interest$4,311
Property Tax$500
HOA$850

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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