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About This Home
This 2-bedroom, 2-bathroom condo at 1500 Ocean Bay Drive in Key Largo, FL is listed for $839,000 ($1,095 per sqft). Built in 1975, the home offers 766 sqft of living space on a N/A lot.
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days.
CURRENTLY GENERATING RENTAL INCOME of $98,980 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters.
Spacious Living Room - Dinning Room with excellent Water Vistas of the Saltwater Lagoon. Walk on out to the Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area.
Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet.
There is also a Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guest. Community Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting.
The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama, Paradise Awaits!
Key Features
- Built in 1975
- Private pool
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$5,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1500 Ocean Bay Drive
Key Largo, FL 33037
Kawama Yacht Club (100.0)
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom condo at 1500 Ocean Bay Drive is listed at $839,000 ($1,095/sqft). The estimated monthly payment is $4,486 based on 20% down at 6.5% interest.
HOA fees are $850/month.
Key features include: Built in 1975, Private pool, Waterfront. Interior Features: Storage.
This property is listed by Dan Cloud and can be reached at 3053967844 or dancloudwvr@gmail.com.








