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KAROL MARSDEN, PA          305-395-1975          karolrealtor@gmail.com

1500 Ocean Bay Drive APT A1, Key Largo, FL 33037

$750,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 990 Status: Active
Current Price: $750,000 List Date: 8/01/2026 Last Modified: 8/19/2026

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 one of Key Largo's most sought-after communities.Don't miss this opportunity to own your piece of paradise in the Florida Keys!

Open Houses

Saturday, August 22, 11:00 am - 1:00 pm

More Information MLS# 620813

Contract Information

Listing Board: Florida Keys Current Price: $750,000 Listing Date: 2026-07-31 List Price: $750,000

Location, Tax & Legal

Unit #: APT A1 City: KEY LARGO Off Shore Island: No Mile Marker: 100 Marathon Neighborhood: N/A Side: Bay/Gulf Alternate Key #: 1102539 Parcel #: 00090491000101 Zoning: MF - Multi-Family Attached Deed Restrictions: Unknown Legal: Unit 1 Kawama Yacht Club Of Key Largo Phase One Sec One Bldg A Or665-94 Or926-1407 Or967-74 Or2915-1732/33 Taxes: 3769.7 Tax Year: 2025 Pub Sewer HkUp: No Street #: 1500 Street Name: Ocean Bay Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Kawama Yacht Club (100.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: No Control Depth: 0 Lot Size: X Lot SqFt: 0 Pool: Yes Acres: 0 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 1 Style: Townhouse Year Built: 1975 Living Apx SqFt: 990 Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: 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.Don't miss this opportunity to own your piece of paradise in the Florida Keys!

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 850 Maintenance Fee $: 427 Assoc/Mnt Fee Per: Monthly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1

Dockage

Boat Ramp: 1 Other Dockage: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

Ocean View: 1 Salt Ponds: 1

Building Style

Above Flood: Unknown Townhouse: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1 Trailer Storage: 1

Construction

CBS: 1 Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Municipal Sewer: 1

Pool Info

In Ground: 1 Heated: Yes

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: None Waterview: Ocean View; Salt Ponds Dockage: Boat Ramp; Other Dockage Building Style: Townhouse Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Cable Available; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Pool Info: In Ground Construction: CBS; Concrete Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Room Information

Bedroom 1 Level: Second Bedroom 2 Level: Second Bedroom 1 Level: Main Remarks: Half Bathroom Full Bathroom Level: Second Full Bathroom Level: Second
Listing Office: Keller Williams Capital Realty - Coral Gables
Last Updated: August - 19 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.