About This Home

This 2-bedroom, 3-bathroom townhouse at 1500 Ocean Bay Dr #A1 in Key Largo, FL is listed for $730,000 ($737 per sqft). Built in 1975, the home offers 990 sqft of living space on a N/A lot.

Key Features

  • Built in 1975
  • 2 stories

Property Details

2 stories
2 full, 1 half
#A1
1975

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$4,331/mo

20% down · 6.5% · 30 years

Principal$528
Interest$3,163
Insurance$213
HOA$427

Estimates only. Actual payments may vary.

Location

1500 Ocean Bay Dr #A1

Key Largo, FL 33037

KAWAMA YACHT CLUB

Features & Amenities

Interior Features

BathtubDining AreaSeparate/Formal Dining RoomEat-in KitchenFirst Floor EntryKitchen Island

Exterior Features

BalconyCourtyardPatioTennis Court(s)

Property Details

Flooring

Tile

Construction

CBS (Concrete Block Structure) Block

Outdoor Features

Patio

Parking

Open

Heating

Central

Cooling

Central Air

Appliances

Electric RangeMicrowaveRefrigerator

Questions & Answers

This 2-bedroom, 3-bathroom townhouse at 1500 Ocean Bay Dr is listed at $730,000 ($737/sqft). The estimated monthly payment is $4,331 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $427/month.

Key features include: Built in 1975, 2 stories. Interior Features: Bathtub, Dining Area, Separate/Formal Dining Room. Exterior Features: Balcony, Courtyard, Patio.

This property is listed by Alberto Martinez.

AM

Alberto Martinez

License 3306645

Agent at 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty

Listed by 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty · Broker phone: (305) 662-7325 · View on Broker Site · Broker website

MLS# A12063168· Source: Miami REALTORS®· 5 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1500 Ocean Bay Dr #A1, Key Largo, FL 33037

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