1500 Ocean Bay Drive B3, Key Largo, FL 33037

New Listing
$819,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,510 Status: Active
Current Price: $819,000 List Date: 7/06/2026 Last Modified: 7/08/2026

Overview

Description

Beautifully remodeled 2-bedroom, 2-bath townhome in the highly desirable Kawama Yacht Club. Sold fully furnished, and includes two kayaks, making it a perfect turnkey vacation home or income-producing short-term rental. HOA includes also water, cable and internet. Renovated down to the studs with impact windows, a new A/C (2019), and custom kitchen and bathrooms. Ideally located with the community pool and lagoon just behind the unit. Gated community with 24-hour security, two pools, a private marina, first-come, first-served boat storage, boat ramp, fire pits, waterfront BBQ areas, and ample parking. Move-in ready—just bring your boat and enjoy the relaxed Florida Keys lifestyle.

Listing Details MLS# A12049260

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1510
Living Area Main
918
Year Built
1975
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Maintenance Structure; Security; Trash Dining Area: Dining/Living Room; Eat-In Kitchen; Family/Dining Combination Electric: Circuit Breakers Flooring: Ceramic Tile; Tile Leasing Permitted Details: Short Term Rentals Allowed Parking Features: Guest; Open Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Water Heater Details: Electric Water Heater Architectural Style: Split Level Boat and Dock Features: Ramp Construction Materials: Block; CBS Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Storage Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Limited # Vehicles; Other Restrictions Security Features: Security Fence; Security Guard; Security Patrol; Smoke Detector(s) Special Information: Sold As-Is Tax Information: City/County View: Pool; Water Water Access: No Fixed Bridge Water View: Lagoon Waterfront Features: Lagoon Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Deck; Porch Porch Details: Porch - Screened Room Types: Family Room; Florida Room; Laundry; Loft

Contract Information

Comp Sale YN
No
Original List Price
819000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Monroe
County Parish Name
Monroe
Street Number
1500
Street Name
Ocean Bay
Street Suffix
Drive
Unit Number
B3
City Name
Key Largo
State Or Province
FL
Postal Code
33037
Postal Code +4
4267
Postal Zip
33037
Subdivision Name
KAWAMA YACHT CLUB
Area
5940 - Other Florida County
Geographic Area
Other
Elementary School
Key Largo
Middle Or Junior School
Key Largo
High School
Coral Shores
Special Assessment YN
No
Parcel Number
00090491000203
Flood Zone
AE
Directions
GPS

Financial Information

Association YN
Yes
Association Fee
1235
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
1235
Membership Fee Required YN
No
Tax Annual Amount
5702
Tax Year
2025
Tax Legal Description
UNIT 3 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG B OR686-798 OR1984-1033 OR2558-1019 OR2940-0643 OR3288-1338 OR3311-1381

Status Change Information

Major Change Timestamp
2026-07-06T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-07-08

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes
Short Term Rentals Allowed
Yes

Parking Information

Open Parking Spaces
2

Boat and Dock Information

Dock Details
Community Boat Ramp

Leasing Restrictions

Leasing - Max Times Per Year
52
Leasing - Minimum Number of Days
2

Storm Protection

Impact Glass
Partial

Price Calculations

Current Price To SqFt
892.15

Section Details

Parcel Number MLX
B3

Originating Details

Originating System Key
526803098
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Application Information

3-4 Weeks Approval
Yes

Amenities

Picnic Area
Yes

Association Amenities

Maintenance
Yes

Association Fee Includes

Common Areas
Yes
Maintenance Structure
Yes
Security
Yes
Trash
Yes

Dining Area

Dining/Living Room
Yes
Eat-In Kitchen
Yes
Family/Dining Combination
Yes

Electric

Circuit Breakers
Yes

Flooring

Ceramic Tile
Yes
Tile
Yes

Parking Features

Guest
Yes
Open
Yes

Property Condition

Updated/Remodeled
Yes

Possession

Negotiable
Yes

Special Information

Sold As-Is
Yes

View

Pool
Yes
Water
Yes

Heating

Central
Yes
Electric
Yes

Water Access

No Fixed Bridge
Yes

Water View

Lagoon
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
CBS
Yes

Interior Features

Storage
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Security Features

Security Fence
Yes
Security Guard
Yes
Security Patrol
Yes
Smoke Detector(s)
Yes

Waterfront Features

Lagoon
Yes

Water Heater Details

Electric Water Heater
Yes

Architectural Style

Split Level
Yes

Boat and Dock Features

Ramp
Yes

Cooling

Central Air
Yes
Electric
Yes

Association Type

Condominium
Yes

Showing Requirements

24 Hour Notice
Yes

Master Bedroom/Bath

Master Bdrm - Upstairs
Yes
Separate Shower
Yes

Pets Allowed YN

Yes
Yes

Restrictions

Limited # Vehicles
Yes
Other Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Deck
Yes
Porch
Yes

Porch Details

Porch - Screened
Yes

Room Types

Family Room
Yes
Florida Room
Yes
Laundry
Yes
Loft
Yes

Room Information

Room Name
Family Room
Florida Room
Loft
Laundry
IDX
Listing Office: MB Elite Consulting LLC
Last Updated: July - 08 - 2026
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