1500 Ocean Bay Drive A1, Key Largo, FL 33037

$750,000

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https://www.propertypanorama.com/instaview/mia/A12063168

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,370 Status: Active

Current Price: $750,000 List Date: 7/31/2026 Last Modified: 8/08/2026

Overview

Description

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 ... (Read more)

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Listing Details MLS# A12063168

General Property Information

Unit Floor #: Yes
Property Sub Type: Townhouse
Bedrooms Total: 2
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Building Area Main: 1370
Living Area Main: 990
Year Built: 1975
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Dining Area: Eat-In Kitchen; Formal Dining Exterior Features: Courtyard; Tennis Court(s) Flooring: Tile Parking Features: Open Appliances: Electric Range; Microwave; Refrigerator Construction Materials: CBS Cooling: Central Air Association Type: Condominium; Homeowner Association Heating: Central Interior Features: Kitchen Island Listing Terms: Cash Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Security Guard Special Information: Sold As-Is Structure Type: Townhouse Tax Information: Tax Reflects No Exemptions Unit Description: Garden Apartment View: Garden Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Courtyard; Patio Balcony Details: Balcony - Open; Balcony - Screened

Contract Information

Comp Sale YN: No
Original List Price: 750000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 1500
Street Name: Ocean Bay
Street Suffix: Drive
Unit Number: A1
City Name: Key Largo
State Or Province: FL
Postal Code: 33037
Postal Code +4: 4267
Postal Zip: 33037
Subdivision Name: KAWAMA YACHT CLUB
Area: 5940 - Other Florida County
Geographic Area: Other
Elementary School: Key Largo
Middle Or Junior School: Key Largo
High School: Coral Shores
Special Assessment YN: No
Parcel Number: 00090491000101
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 427
Association Fee Frequency: Monthly
Estimated Monthly Assoc Recurring Fee: 427
Membership Fee Required YN: No
Tax Annual Amount: 3770
Tax Year: 2025
Tax Legal Description: UNIT 1 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG A OR665-94 OR926-1407 OR967-74 OR2915-1732/33

Status Change Information

Major Change Timestamp: 2026-07-31T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-31

More Information

Entry Information

Entry Level: Yes

Price Calculations

Current Price To SqFt: 757.57

Originating Details

Originating System Key: 539206293
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Fee Details

Application Fee: 0

Application Information

3-4 Weeks Approval: Yes

Amenities

Picnic Area: Yes
Pool: Yes
Tennis Court(s): Yes
Other: Yes

Association Amenities

Maintenance: Yes

Dining Area

Eat-In Kitchen: Yes
Formal Dining: Yes

Exterior Features

Courtyard: Yes
Tennis Court(s): Yes

Flooring

Tile: Yes

Parking Features

Open: Yes

Structure Type

Townhouse: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Garden: Yes

Heating

Central: Yes

Unit Description

Garden Apartment: Yes

Appliances

Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

CBS: Yes

Interior Features

Kitchen Island: Yes

Listing Terms

Cash: Yes

Security Features

Security Guard: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes
Homeowner Association: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Separate Tub: Yes
None: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes
Courtyard: Yes
Patio: Yes

Balcony Details

Balcony - Open: Yes
Balcony - Screened: Yes

Section Details

Parcel Number MLX: No

Listing Office: Keller Williams Capital Realty

Last Updated: August - 08 - 2026

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1500 Ocean Bay Drive A1, Key Largo, FL 33037 (MLS# A12063168)