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1500 Ocean Bay Drive #A1, Key Largo, FL - photo 1

$730,000

1500 Ocean Bay Drive #A1

Key Largo, FL 33037

Estimated payment $4,693/month

includes HOA $427/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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2Beds
3Baths
990Sq Ft
$737Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

HOA $427/mo
Built in 1975

About This Home

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!

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:2
  • •Bathrooms:3 (2 full, 1 half)
  • •Full bathrooms:2
  • •Half bathrooms:1

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:990 sqft
  • •Total interior livable area:990 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:N/A

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Townhouse
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1975

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Price history

DateEventPrice
2026-07-31T00:00:00.000ZListed for sale$730,000$737/sqft

Listing Agent

Alberto Martinez

Keller Williams Capital Realty

Brokerage Phone: 305-662-7325

Source: Beaches MLS · MLS #A12063168

Data Powered by Home Junction, Inc.

Nearby

Schools

OCEAN STUDIES CHARTER

Elementary · 1.7 mi

Supermarkets

Bees N the Keys

0.8 mi

The Greeen House

0.9 mi

Gordon Restaurant Market

1.1 mi

Dining

The Grill On Patio R3

0.0 mi

pool bar hilton key largo

0.6 mi

Pilot House Restaurant & Marina

0.6 mi

Parks

Key Largo Community Park

1.0 mi

Beaches

North Beach

2.7 mi

South Beach

2.9 mi

Cannon Beach

4.0 mi

Nearby amenity locations include data © OpenStreetMap contributors.