1500 Ocean Bay Drive H5, Key Largo, FL 33037
$774,900
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
918
Status:
Active
Current Price:
$774,900
List Date:
9/25/2025
Last Modified:
12/11/2025
Description
REDUCED !!!!! GREAT DEAL!!! Welcome to Unit H5 at Kawama Yacht Club — a beautifully updated 2-story, 2 bed / 2 bath townhouse offering 918 sq ft of turnkey living space. Adjacent to the pool area with serene lagoon views, this fully furnished unit is vacation rental-friendly with proven income history.
Located in a gated oceanfront community with premium amenities including:
2 Swimming pools
Private saltwater lagoon for kayaking, swimming & beach relaxation
Large tiki hut for events & gatherings
Tenis/ Pickle Courts
Private marina with deeded slips
Oceanfront grills & firepits
HOA covers exterior maintenance, insurance, pest control & more. Weekly rentals allowed. Minutes from top fishing, diving, and dining spots — live the Key Largo lifestyle or invest in paradise!
More Information MLS# 616611
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $774,900
Listing Date: 2025-09-22
List Price: $774,900
Location, Tax & Legal
Unit #: H5
City: KEY LARGO
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 1103161
Handicap Access: Yes
Parcel #: 00090491-000805
Zoning: MF - Multi-Family Attached
Deed Restrictions: No
Legal: UNIT 5 BLDG H KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE OR681-738 OR770-73 OR1530-1598 OR2856-1198/99
Taxes: 3706.87
Tax Year: 2024
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 (100.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 8
Lot SqFt: 0
Unit/Complex: Unit
Pool: Yes
Total Units: 0
SqFt Source: Property Data Card
Rentals Allowed: Yes
Floor Number: 1
Style: Condo
Year Built: 1975
Living Apx SqFt: 918
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: REDUCED !!!!! GREAT DEAL!!! Welcome to Unit H5 at Kawama Yacht Club — a beautifully updated 2-story, 2 bed / 2 bath townhouse offering 918 sq ft of turnkey living space. Adjacent to the pool area with serene lagoon views, this fully furnished unit is vacation rental-friendly with proven income history.
Located in a gated oceanfront community with premium amenities including:
2 Swimming pools
Private saltwater lagoon for kayaking, swimming & beach relaxation
Large tiki hut for events & gatherings
Tenis/ Pickle Courts
Private marina with deeded slips
Oceanfront grills & firepits
HOA covers exterior maintenance, insurance, pest control & more. Weekly rentals allowed. Minutes from top fishing, diving, and dining spots — live the Key Largo lifestyle or invest in paradise!
Association Info
Mandatory Home Owners Asc: Yes
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Condo Doc's: Yes
Assoc Approval Req: No
Association Fee $: 771
Maintenance Fee $: 385
Assoc/Mnt Fee Per: Monthly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Exterminating: 1
Security: 1
Sewer: 1
Water: 1
Other: 1
Dockage
Boat Ramp: 1
Other Dockage: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Ice Machine: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Electric: 1
Waterfront
Oceanfront: 1
Salt Ponds: 1
Waterview
Salt Ponds: 1
Floor
Tile: 1
Neighborhood Feature
Beach: 1
Community Boat Ramp: 1
Community Dockage: 1
Community Pool: 1
Manager on Premises: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Granite Counter Top: 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: Unknown
Stories: 2 Stories
Townhouse: 1
Windows/Doors
Aluminum Windows: 1
Single Hung Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Guest Parking: 1
Open Parking: 1
Trailer Storage: 1
Security
Electric Gate: 1
Manned Gate: 1
Patrolled Area: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Cable Available: 1
Elect Separate Meter: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Screened Patio: 1
Exterior Features
Chickee Hut: 1
Sandy Beach: 1
Tennis Court(s): 1
Pool Info
In Ground: 1
Pre-Wired
Cable: 1
Optical: 1
Roof
Metal Roof: 1
Shutters
Accordion: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water; Other
Tax Exemptions: None
Waterfront: Oceanfront; Salt Ponds
Waterview: Salt Ponds
Dockage: Boat Ramp; Other Dockage
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Guest Parking; Open Parking; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Utilities: Cable Available; Elect Separate Meter; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Granite Counter Top
Pre-Wired: Cable; Optical
Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator
Exterior Features: Chickee Hut; Sandy Beach; Tennis Court(s)
Pool Info: In Ground
Construction: CBS
Shutters: Accordion
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Community Boat Ramp; Community Dockage; Community Pool; Manager on Premises; Tennis Courts
Security: Electric Gate; Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Room Information
Bedroom 1
Level: Second
Bedroom 2
Level: Second
Full Bathroom
Level: Main
Kitchen
Level: Main
Dining Room
Level: Main
Full Bathroom
Level: Second
Listing Office:
Real Estate Sales Force - Coral Gables
Last Updated: December - 11 - 2025
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.