1500 Ocean Bay Drive Unit F2
Key Largo, FL 33037
- 2 beds
- 2 baths
- 918 sqft
- 918 sqft lot
- $936 per sqft
- 1975 build
- – on site
A Rare Key Largo Gem - A Lucrative Investment & Coastal Escape!Discover a one-of-a-kind opportunity at Kawama Yacht Club, one of the few communities in Key Largo that allows daily rentals, making it a highly profitable investment or the ultimate weekend retreat!This stunning townhouse has been professionally designed by an interior designer and boasts all five-star reviews from satisfied guests. Every detail has been thoughtfully curated to provide an elevated living experience, combining modern elegance with coastal charm.Located in a gated waterfront community, this home offers resort-style amenities, private beach access, pools, and breathtaking ocean views. Whether you're looking for an income-generating vacation rental or a personal retreat in paradise, this property is a rare find that checks all the boxes.Don't miss this incredible opportunity--schedule your private showing today!
Last checked:
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Last updated Mar 11, 2025
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MLS# 614123 —
The Building
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Year Built:1975
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Construction:CBS
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Style:Townhouse
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Unit #:F2
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Exterior Features:Built-in Grill, Tennis Court(s), Sprinkler System, Sandy Beach, Outdoor Kitchen, Lighting, Gazebo, Chickee Hut
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Windows/Doors:Sliding Glass Doors
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Roof:Metal Roof
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Shutters:Accordion
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Porch/Balcony:Open Porch/Balcony, Screened P/B
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Security:Manned Gate, Patrolled Area
Interior
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Furnished:Furnished
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Interior Features:Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Walk-in Closet(s), Smoke Alarms
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Floor:Vinyl
Financial & Terms
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Terms:No Seller Finance, Cash, Conventional
The Property
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Parcel #:00090491-000602
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Property Condition:Updated/Remodeled
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Total Lots:1.00
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Lot SqFt:918.00
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Land Size:10 or more Acres
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Waterfront:Lake Front
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Zoning:RH - Resort Hotel
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Waterfront:Yes
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Waterview:Lake View
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Flood Zone:AE,AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 721-5775
- Office phone:
- (305) 200-1125
Taxes
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Tax Year:2024
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Taxes:3812.54
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Tax Exemptions:None
Beds
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Total Bedrooms:2
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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Bank Owned:No
Heating & Cooling
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Heating:Central
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:Community Swr Plant, Cable Available, Buyer to Verify
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Pre-Wired:Cable
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dryer
The Community
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Subdivision:Kawama Yacht Club (100.0)
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Neighborhood Features:Community Pool, Bike Paths, Beach, Tennis Courts, Community Boat Ramp, Community Dockage
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Pool Info:In Ground
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Dockage:Boat Ramp, Other Dockage
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Pets: Pets w/Restrictions:YES
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Fee Includes:Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
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Association Info: Association Fee $:395.56
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Association Info: Maintenance Fee $:771.00
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Monthly
Parking
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Vehicle Storage:Open Parking
Monthly cost estimate
Asking price
$859,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,604
|
| Taxes | $317 |
| Insurance | $236 |
| Utilities | $116 See report |
| Total | $5,273/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/25
Mar 11, 2025
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Listed / Active | FLKMLS | $859,900 | 237.2% (27.4% / YR) |
|
7/12/16
Jul 12, 2016
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FLKMLS | $255,000 |
