Townhouse in 1500 Ocean Bay Drive A1, Key Largo, FL 33037 for sale with MLS# A12063168
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!
1500 Ocean Bay Drive A1, Key Largo, FL 33037
- Price:
- $750,000.00
- Original List Price:
- $750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $757.57
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Townhouse
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 31, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 2
- Bathrooms Total:
- 3
- Full Bath:
- 2
- Half Bath:
- 1
- Master Bedroom Bath:
- Separate Tub, None
- Dining Area:
- Formal Dining, Eat-in Kitchen
- Living Area:
- 990 Sqft
- Built-Up Area:
- 1,370 Sqft
- View from the Property:
- Garden
- Waterfront:
- No
- Security:
- Security Guard
- Appliances:
- Microwave, Refrigerator, Electric Range
- Interior:
- Kitchen Island
- Exterior:
- Balcony, Tennis Court(s), Courtyard
- Patio and Porch:
- Patio
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Unit Description:
- Garden Apartment
- Balcony Details:
- Balcony - Open, Balcony - Screened
- Year Built:
- 1975
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Tile
- Number of stories:
- 2
- Structure Type:
- Townhouse
- Stories:
- 2
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $3,770.00
- Tax Year:
- 2025
- Association Fee:
- $427.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Open
- Association
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Homeowner Association, Condominium
- Pets Allowed?
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Other, Maintenance, Picnic Area, Tennis Court(s)
- Subdivision Name:
- KAWAMA YACHT CLUB
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Minimum Days per Lease:
- 0
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
- 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
- Real Estate Folio Number (Parcel Number):
- 00090491000101
- Elementary School:
- Key Largo
- High School:
- Coral Shores
- Middle Or Junior School:
- Key Largo
- Active on the market since:
- July 31, 2026
- Listing Agreement executed on:
- July 31, 2026
- Listing Status Last Changed On:
- July 31, 2026 4:00 am
- Photos updated on:
- August 5, 2026 10:49 pm
- Last Modified:
- August 5, 2026 10:49 pm
- Courtesy of:
- Keller Williams Capital Realty
- Attribution:
- Not provided
- Floor Number:
- 1
- Street Name:
- Ocean Bay
- Street Number:
- 1500
- Unit Number:
- A1
- City:
- Key Largo
- State:
- Florida
- Zip Code:
- 33037
- County:
- Monroe
- Latitude:
- N25° 4' 44.4''
- Longitude:
- W81° 33' 25.2''
- Street Suffix:
- Drive

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates