1500 Ocean Bay Drive Unit S3
Key Largo, FL 33037
- 3 beds
- 3 baths
- 925 sqft
- $891 per sqft
- 1983 build
- – on site
Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area along with two patios - one open & one screened; and the top floor includes two more bedrooms and a full bath along with another screened patio. The beautiful & private Kawama Yacht Club offers several heated pools, saltwater swimming lagoons, oceanfront sandy beaches, jetty with gazebo, boat ramp, on site boat storage, tennis, playground, multiple picnic areas and access to a deep water harbor. This gated community is professionally managed and has 24 hour manned security. Short term rentals allowed - this townhome is fully furnished and in an active rental program. You can live here full time, seasonally or use when you like and rent while you're away! Centrally located to all Key Largo has to offer including the famous Key Largo Fisheries, bars, restaurants, shopping, diving, fishing and more. Close to everything but US1!
Last checked:
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Last updated Apr 10, 2025
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MLS# 614569 —
The Building
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Year Built:1983
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Construction:Concrete
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Style:Townhouse
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Building Style:Townhouse
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Unit #:S3
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Windows/Doors:Impact Rstnce Window, Impact Rstnce Doors
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Roof:Metal Roof
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Security:Electric Gate, Manned Gate
Interior
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Specialty Rooms:Laundry Room
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Furnished:Furnished
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Interior Features:Drapes/Blinds Incl, Bar, Smoke Alarms
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Floor:Tile
Location
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Directions:Turn Oceanside onto East Dr at the blinking light at mm99 oceanside. Right on Ocean Bay to Kawama gate. Agent needed to enter, call for an appointment.
The Property
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Parcel #:00090493-005500
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Land Size:1 Less Than 2 Acres
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Waterfront:Oceanfront, Open Water
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Zoning:SR - Sub Urban Residential District
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Waterfront:Yes
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Waterview:No Waterview
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Flood Zone:AE,AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 942-6044
- Office phone:
- (305) 451-4078
Taxes
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Tax Year:2024
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Taxes:4791.47
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Tax Exemptions:None
Beds
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Total Bedrooms:3
Baths
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Total Baths:3.00
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Full Baths:3
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:FKAA, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Kawama (100.0)
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Neighborhood Features:Community Pool, Beach, Tennis Courts, Community Boat Ramp
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Pool Info:In Ground
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Pool Info: Heated:Yes
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Dockage:Boat Ramp
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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, Exterminating
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Association Info: Association Fee $:925.00
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Association Info: Maintenance Fee $:340.00
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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, Trailer Storage, Guest Parking
Monthly cost estimate
Asking price
$825,000
| 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. |
$4,417
|
| Taxes | $399 |
| Insurance | $226 |
| Utilities | $124 See report |
| Total | $5,166/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 |
|---|---|---|---|---|
|
4/9/25
Apr 9, 2025
|
Listed / Active | FLKMLS | $825,000 | 48.6% (13.8% / YR) |
|
9/29/21
Sep 29, 2021
|
FLKMLS | $555,000 | 58.6% (39.1% / YR) | |
|
3/31/20
Mar 31, 2020
|
FLKMLS | $350,000 |
