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$750,0005 days on marketActive

1500 Ocean Bay Drive A1, Key Largo, FL 33037

Key Largo, FL 33037
2
Beds
2.5
Baths
990
Sq Ft
$758
$/Sq Ft
1975
Year Built

Listing Snapshot

List Price$750,000
Price / Sq Ft$758
Beds2
Baths2.5
Living Area990 sqft
Year Built1975
Property Tax$3,770/yr
HOA / Condo Fee$427 / monthly
MLS #1178702034
StatusActive
Days on Market5

About This Home

Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows Nightly Rentals. This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you're searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in one of Key Largo's most sought-after communities. Condominium fee is $422/month, with an additional HOA fee of $850/quarter. Don't miss this opportunity to own your piece of paradise in the Florida Keys!

General Features

Property Type
Residential
Sub-type
Townhouse
Stories
2
Parking
Open
Security
SecurityGuard
Subdivision
KAWAMA YACHT CLUB

Interior Features

Appliances
ElectricRange,Microwave,Refrigerator
Flooring
Tile
Heating
Central
Cooling
CentralAir
Interior Features
Bathtub,DiningArea,SeparateFormalDiningRoom,EatInKitchen,KitchenIsland,None,SoakingTub

Exterior Features

Construction
Block
Exterior Features
Balcony,Courtyard,OutdoorLivingArea,TennisCourts
Patio / Porch
Open,Patio,Screened,Balcony
Pool Features
Association
View
Garden
Waterfront
No

Community Features

Community Features
HomeOwnersAssociation
Association Amenities
MaintenanceGrounds,Other,PicnicArea,Pool,TennisCourts
Association Dues
$427 / monthly
MLS Area
5940 - Other Florida County

Schools

ElementaryKey Largo
MiddleKey Largo
HighCoral Shores

Map

Virtual Tour

View Virtual Tour
Listed by Alberto Martinez · Keller Williams Capital Realty
MLS# 1178702034 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $600,000

%
Est. Monthly$4,834
Principal & Interest$4,093
Property Tax$314
HOA$427

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

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