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1500 Ocean Bay Dr # F5, Key Largo FL 33037

Townhouse Recently Sold
$694,000

BTC: 10.84375000

ETH: 385.55555556

Sold on: 2022-07-15
7 days
Waterfront
2 bds
2 ba
918 sqft

Overview

No Passport needed, Caribbean living at it's finest. Gorgeous 2 bedroom 2 bath townhome with amazing views of a Salt Water Lagoon. This a spacious updated, corner unit with open floor interior. The outdoor activities are endless right outside your front door, from tennis and water activities to just sitting on the beach shore relaxing without even leaving your complex. 24 Hr security with an on site marina, this property is on the ocean side. Unit can also be rented as an Airbnb.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Golf Cart Parking / Guest / Open / Limited # Of Vehicle
Year Built:
1975
Lot:
No Data
Heating:
Central
Price/sqft:
$752
Cooling:
Central Air
HOA:
$480

Valuation

Our model vs. what's actually selling nearby.
Estimate
$424,000
$315K – $777K
Confidence Low
List vs. estimate
$265K above estimate
List $689,990 · +62.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$751
+92.7% vs. city median $390
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,944
2022
HOA
$480/mo
View
Lagoon
Waterfront
Lagoon, Mangrove Front
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Golf Cart Parking

    • Guest

    • Open

    • Limited # Of Vehicle

    Property

    • Exterior Features: None / Barbeque / Screened Balcony

    Other Property Information

    • Parcel Number: 00090491-000605

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Other financial information

    • HOA: $480

    • HOA Frequency: Monthly

    • Annual tax amount: $2,944

  • Source details

    • MLS ID: A11219191

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Deck

    • Window Features: Complete Panel Shutters/Awnings

    • Direction Faces: South

    • Architectural Style: Corner Unit

    • 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: Floridian First Realty Corp