# 1500 Ocean Bay Drive Apt P3, Key Largo, FL 33037

> **TL;DR:** 2bd/3ba condo, $899,900 ($844/sqft), built 1983, 1,066 sqft.
> Pool, Waterfront, A/C. Est. $6,237/mo. Listed 33 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,900 |
| Price/sqft | $844 |
| Bedrooms | 2 |
| Bathrooms | 3 full |
| Square Feet | 1,066 |
| Year Built | 1983 |
| Lot Size | 1,764 sqft (0.04 acres) |
| Property Type | Condo (Condominium) |
| Status | Active |
| Days on Market | 33 |

## Why This Home Stands Out

- **Pool** - Patio, Porch
- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,550 |
| Estimated Insurance | $262 |
| HOA | $1,425 |
| **Total** | **$6,237** |

## Key Amenities

- Pool
- Waterfront
- A/C

## Property Highlights

- Built in 1983
- 0.04 acre lot
- Private pool
- Waterfront

## Description

### Agent Description
Remodeled Kawama townhome w/ 3 night rentals allowed. Gated community on the ocean side mile marker 99. The community offers full resort amenities such as a salt-water swimming lagoon, two heated pools, tennis and pickleball courts, kids playground, tiki hut with outdoor kitchen and bbq areas and tropical walking path beside the lagoon. There is also a full marina in the community with boat ramp and boat/trailer parking. The house itself has porcelain tile throughout, quartz counters in kitchen and bath, A legally enclosed first floor with central AC added. The floorplan is wonderful offering a full bath on each of the three floors. This is one of the only communities legally allowed to offer 3 night minimum rentals. The unit has rental license exemption from the County which is transferrable. The unit has strong rental history, seller is willing to disclose to buyer.

## Location

- **Address:** 1500 Ocean Bay Drive Apt P3, Key Largo, FL 33037
- **County:** Monroe
- **Neighborhood:** Kawama (100.0)
- **Coordinates:** 25.080219, -80.443067
- **Google Maps:** https://www.google.com/maps?q=25.080219,-80.443067

## Listing Agent

- **Name:** Jarrett Buetti · **License:** 3339146
- **Brokerage:** JC Realty Group, Inc.
- **Broker Phone:** 9547578220
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1500-Ocean-Bay-Dr-Apt-P3_Key-Largo_FL_33037_M69589-71245?f=listhub&s=FLKEYSMLSFL&m=621404&c=propsimple)

## Photos

![1500 Ocean Bay Drive Apt P3 - Photo 1](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f804300758r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 2](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f4120248862r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 3](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f2548727215r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 4](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f4285037998r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 5](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f2161255785r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 6](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f204513891r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 7](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f4025101428r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 8](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f3569052872r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 9](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f34379112r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 10](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f4255857292r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 11](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f520902148r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 12](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f2297434293r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 13](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f833988766r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 14](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f407656544r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 15](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f2516871290r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 16](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f2782949024r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 17](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f1090074749r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 18](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f856644814r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 19](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f1434994546r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 20](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f3723073107r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 21](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f355763626r.jpg)

![1500 Ocean Bay Drive Apt P3 - Photo 22](http://lh.rdcpix.com/20fe18a73f220dad3474fecdcec4a96al-f2902745781r.jpg)

---

**MLS#:** 621404 | **Updated:** 2026-10-23
**Source:** listhub

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

[View on PropertySimple](https://www.propertysimple.ai/listing/1500-ocean-bay-drive-key-largo-fl-33037-8e2d7afb240b4e11828f7d474974e97a)

---

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