# 1500 Ocean Bay Drive, Key Largo, FL 33037

> **TL;DR:** 2bd/2ba townhouse, $814,900 ($888/sqft), built 1975, 918 sqft.
> Pool, Waterfront, View, A/C. Est. $4,381/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $814,900 |
| Price/sqft | $888 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 918 |
| Year Built | 1975 |
| Property Type | Townhouse (Townhouse) |
| Status | For Sale |
| Days on Market | 67 |

## Why This Home Stands Out

- **Pool** - Deck, Porch, Patio
- **Waterfront** - Direct water access
- **Views** - Ocean

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,531 |
| HOA | $850 |
| **Total** | **$4,381** |

## Key Amenities

- Pool
- Waterfront
- View
- A/C

## Property Highlights

- Built in 1975
- Private pool
- Waterfront

## Description

### 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!

## Location

- **Address:** 1500 Ocean Bay Drive, Key Largo, FL 33037
- **County:** Monroe
- **Neighborhood:** Kawama Yacht Club (100.0)
- **Coordinates:** 25.080235, -80.443723
- **Google Maps:** https://www.google.com/maps?q=25.080235,-80.443723

## Listing Agent

- **Name:** Amy L Bruggeman
- **Brokerage:** American Caribbean Real Estate, Christie's International Real Estate
- **Phone:** 3056190818
- **Email:** amy@americancaribbean.com

## Primary Photo

![1500 Ocean Bay Drive - Primary Photo](http://lh.rdcpix.com/0f02f379b7f6a431cae82c38a16e8c0el-f4026946428r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/1500-ocean-bay-drive-key-largo-fl-33037-l619210)*

---

**MLS#:** 619210 | **Updated:** 2026-06-18
**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.com/listing/1500-ocean-bay-drive-key-largo-fl-33037-l619210)

---

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