Condo in 1500 Ocean Bay Drive F5, Key Largo, FL 33037 for sale with MLS# A11991691
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.
1500 Ocean Bay Drive F5, Key Largo, FL 33037
- Price:
- $790,000.00
- Original List Price:
- $845,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $860.56
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- June 8, 2026 8:48 pm
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Master Bedroom Bath:
- Master Bdrm - Upstairs
- Living Area:
- 918 Sqft
- Built-Up Area:
- 1,510 Sqft
- View from the Property:
- Lagoon
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Front, Lagoon
- Security:
- Security Guard
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer
- Exterior:
- Balcony
- Patio and Porch:
- Deck, Porch, Porch - Open, Porch - Screened
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Boat and Dock Features:
- Ramp
- Balcony Details:
- Balcony - Screened
- Year Built:
- 1975
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Vinyl, Ceramic Tile
- Number of stories:
- 2
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $5,999.00
- Tax Year:
- 2025
- Association Fee:
- $850.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- County Only
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Guest, Open, Rv Access/parking, Boat Access/parking
- Association
- Application Required
- Application Fee:
- $250.00
- Association Type:
- Homeowner Association
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Tennis Court(s)
- Subdivision Name:
- KAWAMA YACHT CLUB
- Association Fee Includes:
- Maintenance Grounds, Common Areas
- Senior Community:
- No
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG F OR739-36 OR766-1407 OR781-1444 OR798-2173 OR835-1067 OR871-808 OR1333-1030 OR
- Real Estate Folio Number (Parcel Number):
- 00090491000605
- Elementary School:
- Key Largo
- High School:
- Coral Shores
- Middle Or Junior School:
- Key Largo
- Active on the market since:
- March 30, 2026
- Listing Agreement executed on:
- March 30, 2026
- Price change occurred on:
- June 8, 2026 8:48 pm
- Listing Status Last Changed On:
- March 30, 2026 4:00 am
- Photos updated on:
- June 8, 2026 7:49 pm
- Last Modified:
- July 6, 2026 11:05 pm
- Courtesy of:
- American Caribbean Real Estate
- Attribution:
- Not provided
- Floor Number:
- 2
- Street Name:
- Ocean Bay
- Street Number:
- 1500
- Unit Number:
- F5
- City:
- Key Largo
- State:
- Florida
- Zip Code:
- 33037
- County:
- Monroe
- Latitude:
- N25° 4' 48.8''
- Longitude:
- W81° 33' 22.6''
- Street Suffix:
- Drive
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates

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