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

1500 Ocean Bay Drive A1, Key Largo, FL 33037

$750,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,370 Status: Active
Current Price: $750,000 List Date: 7/31/2026 Last Modified: 8/30/2026

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 ...

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
IDX
Listing Office: Keller Williams Capital Realty
Last Updated: August - 30 - 2026
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