Condo in 1500 Ocean Bay Drive B3, Key Largo, FL 33037 for sale with MLS# A12049260
Beautifully remodeled 2-bedroom, 2-bath townhome in the highly desirable Kawama Yacht Club. Sold fully furnished, and includes two kayaks, making it a perfect turnkey vacation home or income-producing short-term rental. HOA includes also water, cable and internet. Renovated down to the studs with impact windows, a new A/C (2019), and custom kitchen and bathrooms. Ideally located with the community pool and lagoon just behind the unit. Gated community with 24-hour security, two pools, a private marina, first-come, first-served boat storage, boat ramp, fire pits, waterfront BBQ areas, and ample parking. Move-in ready-just bring your boat and enjoy the relaxed Florida Keys lifestyle.
1500 Ocean Bay Drive B3, Key Largo, FL 33037
Price
- Price:
- $819,000.00
- Original List Price:
- $819,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $892.15
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 6, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Florida Room, Laundry, Family Room, Loft
- Master Bedroom Bath:
- Master Bdrm - Upstairs, Separate Shower
- Dining Area:
- Eat-in Kitchen, Dining/Living Room, Family/Dining Combination
Measures
- Living Area:
- 918 Sqft
- Built-Up Area:
- 1,510 Sqft
Property Features
- View from the Property:
- Pool, Water, Lagoon
- Waterfront:
- Yes
- Waterfront Features:
- Lagoon, No Fixed Bridge
- Security:
- Smoke Detector(s), Security Guard, Security Fence, Security Patrol
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
- Interior:
- Storage
- Patio and Porch:
- Deck, Porch, Porch - Screened
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Boat and Dock Features:
- Ramp
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 1975
- Architectural Style:
- Split Level
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block, CBS
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Updated/remodeled
Taxes and Expenses
- Tax Annual Amount:
- $5,702.00
- Tax Year:
- 2025
- Association Fee:
- $1,235.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Guest, Open
Utilities
- Electric:
- Circuit Breakers
Community
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 52
- Amenities Provided by the Homeowner's Association (HOA):
- Maintenance, Picnic Area
- Subdivision Name:
- KAWAMA YACHT CLUB
- Association Fee Includes:
- Trash, Security, Maintenance Structure, Common Areas
- Senior Community:
- No
- Restrictions:
- Other Restrictions, Limited # Vehicles
- Minimum Days per Lease:
- 2
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
Zoning and Legal
- Tax Legal Description:
- UNIT 3 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG B OR686-798 OR1984-1033 OR2558-1019 OR2940-0643 OR3288-1338 OR3311-1381
- Real Estate Folio Number (Parcel Number):
- 00090491000203
Public Schools Assigned
- Elementary School:
- Twin Lakes-hb
- High School:
- Coral Shores
- Middle Or Junior School:
- Key Largo
Listing History
- Active on the market since:
- July 6, 2026
- Listing Agreement executed on:
- July 6, 2026
- Listing Status Last Changed On:
- July 6, 2026 4:00 am
- Photos updated on:
- July 9, 2026 12:02 am
- Last Modified:
- July 9, 2026 12:02 am
Additional Information
- Courtesy of:
- MB Elite Consulting LLC
- Attribution:
- Not provided
Location
- Floor Number:
- 1
- Street Name:
- Ocean Bay
- Street Number:
- 1500
- Unit Number:
- B3
- City:
- Key Largo
- State:
- Florida
- Zip Code:
- 33037
- County:
- Monroe
- Latitude:
- N25° 4' 48.8''
- Longitude:
- W81° 33' 22.6''
- Street Suffix:
- Drive
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$80,911
Median Home Value
$660,700
Median Rent
$1,896/mo
Median Age
54
Population
13,674
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