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About This Home

This 2-bedroom, 2-bathroom townhouse at 1500 Ocean Bay Drive in Key Largo, FL is listed for $814,900 ($888 per sqft). Built in 1975, the home offers 918 sqft of living space on a N/A lot.

Agent Description

Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight.

The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset.

This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1.

Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid's area. This unit has everything you need, to use for your own enjoyment and generate an income when you are not using it. This unit is managed by a local property manager. Rentals on the books will transfer to new buyer. Built in rental income!

Key Features

  • Built in 1975
  • Private pool
  • Waterfront

Property Details

2 full
#F5
1975

Amenities

PoolWaterfrontViewA/C

Monthly Cost Estimate

$5,208/mo

20% down · 6.5% · 30 years

Principal$589
Interest$3,531
Insurance$238
HOA$850

Estimates only. Actual payments may vary.

Location

1500 Ocean Bay Drive

Key Largo, FL 33037

Kawama Yacht Club (100.0)

Features & Amenities

Interior Features

Granite Counter Top

Property Details

Flooring

Tile

Construction

CBS

Views

Ocean

Pool Features

DeckPorchPatio

Parking

Open

Heating

Central

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorOvenMicrowave

Questions & Answers

This 2-bedroom, 2-bathroom townhouse at 1500 Ocean Bay Drive is listed at $814,900 ($888/sqft). The estimated monthly payment is $4,381 based on 20% down at 6.5% interest.

HOA fees are $850/month.

Key features include: Built in 1975, Private pool, Waterfront. Interior Features: Granite Counter Top.

This property is listed by Amy L Bruggeman and can be reached at 3056190818 or amy@americancaribbean.com.

AB

Amy L Bruggeman

Agent at American Caribbean Real Estate, Christie's International Real Estate

(305) 619-0818

Listed by American Caribbean Real Estate, Christie's International Real Estate · View on Broker Site

MLS# 619210· Source: listhub· Updated 67 days ago

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.

1500 Ocean Bay Drive, Key Largo, FL 33037

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