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Current MLS Property Details

1500 Ocean Bay Drive A1, Key Largo, FL 33037

Key Largo, FL, 33037
1500 Ocean Bay Drive A1, Key Largo, FL 33037

About This Property

Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows Nightly Rentals. This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you're searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in one of Key Largo's most sought-after communities. Condominium fee is $422/month, with an additional HOA fee of $850/quarter. Don't miss this opportunity to own your piece of paradise in the Florida Keys!

Property Details

Property Type Townhouse
Subdivision KAWAMA YACHT CLUB
Development KAWAMA YACHT CLUB
County Monroe
Waterfront No
Association Fee $427 Monthly
Original List Price $750,000
MLS ID A12063168
Updated Aug 30, 2026
Quick Payment Estimate

What might this home cost each month?

Starting rate: 6.66% 30 year fixed national average · updated Aug. 27, 2026
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%
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$ /mo
Estimated principal & interest $0/mo
P&I + HOA / condo $0/mo
Taxes, insurance, flood coverage and PMI are not included here. HOA / condo fee prefilled from MLS Rate is editable and is not a lender quote.
Listing Office: Keller Williams Capital Realty • 305-662-7325
Listing Agent: Alberto Martinez • 305-766-6679
MLS ID: A12063168
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
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