1500 Ocean Bay Drive F5, Key Largo, FL 33037
$845,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
918
Status:
Active
Current Price:
$845,000
List Date:
3/26/2026
Last Modified:
3/30/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 619210
Location, Tax & Legal
- 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
- Unit #
- F5
- City
- KEY LARGO
- Mile Marker
- 100
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- AE
- Alternate Key #
- 1102946
- Parcel #
- 00090491-000605
- Zoning
- UR - Urban Residential Distrit
- Deed Restrictions
- Yes
- Legal
- UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG F OR739-36 OR766-1407 OR781-1444 OR798-2173 OR835-1067 OR87
- Taxes
- 5999.38
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida Keys
General Property Description
- Realtor.COM Type
- Residential - Condo/Townhouse
- Style
- Townhouse
- Waterfront
- Yes
- Unit/Complex
- Complex
- Pool
- Yes
- Year Built
- 1975
- Living Apx SqFt
- 918
- SqFt Source
- Property Data Card
- Total Bedrooms
- 2
- Full Baths
- 2
- Total Baths
- 2
- Rentals Allowed
- Yes
- Min Rental Days
- Yes
- Control Depth
- 0
- Lot SqFt
- 0
- Total Units
- 0
Association Info
- Mandatory Home Owners Asc
- Yes
- Condo Doc's
- Yes
- 1st Right of Refusal
- No
- Association Fee $
- 850
- Maintenance Fee $
- 350
- Assoc/Mnt Fee Per
- Monthly
Building Style
- Above Flood
- Unknown
- Townhouse
- Yes
More Information
Pool Info
- Heated
- Yes
- In Ground
- Yes
Remarks & Misc
- Remarks – Consumer
- 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.
Fee Includes
- Building Insurance
- Yes
- Cable
- Yes
- Common Area Mnt
- Yes
- Security
- Yes
- Sewer
- Yes
Dockage
- Boat Ramp
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Oceanfront
- Yes
Waterview
- Ocean View
- Yes
Floor
- Tile
- Yes
Interior Features
- Granite Counter Top
- Yes
Property Condition
- Updated/Remodeled
- Yes
Windows/Doors
- Single Hung Windows
- Yes
Vehicle Storage
- Open Parking
- Yes
Security
- Manned Gate
- Yes
Construction
- CBS
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Utilities
- Cable Available
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
Porch/Balcony
- Open Porch/Balcony
- Yes
- Roof Top Deck
- Yes
- Screened Patio
- Yes
Roof
- Metal Roof
- Yes
Shutters
- Panel
- Yes
Property Features
Fee Includes:
Building Insurance; Cable; Common Area Mnt; Security; Sewer
Tax Exemptions:
None
Waterfront:
Oceanfront
Waterview:
Ocean View
Dockage:
Boat Ramp
Property Condition:
Updated/Remodeled
Building Style:
Townhouse
Vehicle Storage:
Open Parking
Furnished:
Furnished
Cooling:
Central Air
Heating:
Central
Utilities:
Cable Available; FKAA; Municipal Sewer
Interior Features:
Granite Counter Top
Appliances:
Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Pool Info:
In Ground
Construction:
CBS
Shutters:
Panel
Floor:
Tile
Roof:
Metal Roof
Pets:
Pets Allowed
Security:
Manned Gate
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional
Room Information
| Room Name | Level |
|---|---|
| Full Bathroom | Main |
Listing Office:
American Caribbean Real Estate, Christie's International Real Estate
Last Updated: March - 30 - 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.
