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$750,000
 $4,026 est/mo Sourced by Back At You

1500 Ocean Bay Drive A1,Key Largo, FL 33037

Key Largo, FL 33037

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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. 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!

Details

MLS #A12063168
Listing TypeFor Sale
StyleTown House
HOA Dues$427
Sub-TypeResale
StatusActive
Year1975
Days On Site25
Listing Provided ByKeller Williams Capital Realty | Alberto Martinez

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet990
PoolYes
Story(s)2
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesOpen

Taxes

Tax Annual Amount3770

Location

Community FeaturesHome Owners Association

Area Information

StateFL
CountyMonroe
CityKey Largo
Zip Code33037
Area5940 Other Florida County
Community NameKAWAMA YACHT CLUB
Listing VS Median (in KAWAMA YACHT CLUB)
Price:
$750,000
low | high
Med:
$800,000
43.333333333333% of Average
sqft:
990
low | high
Med:
918
57.272727272727% of Average
$ / sqft:
$758
low | high
Med:
$871
34.967320261438% of Average
On site:
25
low | high
Med:
98
25.510204081633% of Average
Sourced by Back At You

Market Activity 33037

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The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

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Learn More About This Property

Arterra Realty

Arterra Realty

 (248) 731-0048marketing@arterrarealty.com
StateFL
CountyMonroe
CityKey Largo
Zip Code33037
Area5940 Other Florida County
Community NameKAWAMA YACHT CLUB
Listing VS Median (in KAWAMA YACHT CLUB)
Price:
$750,000
low | high
Med:
$800,000
43.333333333333% of Average
sqft:
990
low | high
Med:
918
57.272727272727% of Average
$ / sqft:
$758
low | high
Med:
$871
34.967320261438% of Average
On site:
25
low | high
Med:
98
25.510204081633% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 743 - 1,000
Nearby Listings Property ImageNearby Listings Details
Property Photo 1
$850,000

Key Largo, FL 33037
1500 Ocean Bay Drive B3 Property Photo 1
$810,000
1500 Ocean Bay Drive B3
Key Largo, FL 33037
1500 Ocean Bay Drive C6 Property Photo 1
$819,900
1500 Ocean Bay Drive C6
Key Largo, FL 33037
1500 Ocean Bay Drive F5 Property Photo 1
$790,000
1500 Ocean Bay Drive F5
Key Largo, FL 33037
Listing Updated: August 24, 2026 at 4:21:29 AM PDT
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