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1500 Ocean Bay Dr # B3, Key Largo FL 33037

Condo/Co-op For Sale
$819,000

BTC: 12.79687500

ETH: 430.45452634

6 days
Waterfront
2 bds
2 ba
918 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Guest / Open / Limited # Of Vehicle
Year Built:
1975
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$892
Cooling:
Central Air / Electric
HOA:
$1,235

Valuation

Our model vs. what's actually selling nearby.
Estimate
$699,000
$437K – $895K
Confidence Low
List vs. estimate
$120K above estimate
List $819,000 · +17.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$892
+0.0% vs. city median $892
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,702
2025
HOA
$1,235/mo
View
Lagoon, Pool Area View
Waterfront
Lagoon
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Family Room

    • Florida Room

    • Loft

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Guest

    • Open

    • Limited # Of Vehicle

    Other Property Information

    • Parcel Number: 00090491-000203

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,235

    • HOA Frequency: Monthly

    • Annual tax amount: $5,702

  • Source details

    • MLS ID: A12049260

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Patio And Porch Features: Deck / Screened Porch

    • Window Features: High Impact Windows / Impact Glass

    • Architectural Style: Split Level

    • Waterfront: Yes

    • Living Area: 918

    • Subdivision Name: KAWAMA YACHT CLUB

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MB Elite Consulting LLC