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Townhouse for sale at 1500 Ocean Bay Dr #A1, Key Largo, FL 33037 | MLS# A12063168 | Listing updated on 2026-11-02
Photo 1 of Townhouse for sale at 1500 Ocean Bay Dr #A1, Key Largo, FL 33037 | MLS# A12063168 | Listing updated on 2026-11-02
Photo 2 of Townhouse for sale at 1500 Ocean Bay Dr #A1, Key Largo, FL 33037 | MLS# A12063168 | Listing updated on 2026-11-02
Photo 3 of Townhouse for sale at 1500 Ocean Bay Dr #A1, Key Largo, FL 33037 | MLS# A12063168 | Listing updated on 2026-11-02
Photo 4 of Townhouse for sale at 1500 Ocean Bay Dr #A1, Key Largo, FL 33037 | MLS# A12063168 | Listing updated on 2026-11-02
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$730,000

Monthly Est:$3,633

  • Beds Icon2 Beds
  • Beds Icon
    3 Baths
  • Beds Icon990sqft

1500 Ocean Bay Dr #A1, Key Largo, FL 33037

$3,633/moEst:

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  • Townhouse

  • Built in 1975

  • $427/mo HOA

  • -- sqft lot

  • $737/sq.ft

Description

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!

  • Houzeo last checked: 3 minutes ago
  • Listing updated: November 2, 2026 at 7:56 pm
  • Listing Provided by: Alberto Martinez DRE #3306645, Cesar Villarreal (305) 215-2916 DRE #3428680 | Keller Williams Capital Realty (305) 662-7325
  • Source: Beaches MLS-FL | MLS#: A12063168 Beaches MLS-FL

This condo is in:

Property Details

  • Status

    Active

  • Type

    Townhouse

  • No. of Stories

    2

  • County

    Monroe County

  • City

    Key Largo

  • Neighborhood

    --

  • Year Built

    1975

  • HOA Fees

    $427/mo

  • Finished Area

    990 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Beaches MLS

  • MLS Number

    A12063168

  • MLS Status

    Active

  • Days on Market

    95

  • Cumulative Days on Market

    94

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Location

HOA Management

N/A

HOA Fees

$427/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Tennis Tennis

Pool Pool

Maintenance Maintenance

Other Other

PicnicArea PicnicArea

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 3

Interior

  • Interior Features

    Bathtub, Dining Area, Separate Formal Dining Room, Eat In Kitchen, Kitchen Island, None, Soaking Tub

  • Flooring

    Tile

  • Cooling

    Central Air

  • Appliances

    Electric Range, Microwave, Refrigerator

  • Heating

    Central

  • Exterior Features

    Balcony, Courtyard, Outdoor Living Area, Tennis Courts

Construction

  • Year Built

    Year Built: 1975

  • Home type

    Townhouse

  • Construction Materials

    Cbs Concrete Block Structure, Block

Utilities & Energy

  • Association Amenities

    Maintenance Grounds, Other, Picnic Area, Pool, Tennis Courts

  • Pool Features

    Association

  • Parking Features

    Open

  • Security Features

    Security Guard

Other Features

  • Community Features

    Home Owners Association

  • Patio And Porch Features

    Open, Patio, Screened, Balcony

  • Subdivision Name

    Kawama Yacht Club

Price History

DateEventPrice

10/20/2026

Source: mls_logoBeaches MLS-FL #A12063168

Price Decreased

$730,000 -2.67%

$737/sqft

07/31/2026

Source: mls_logoBeaches MLS-FL #A12063168

Off Market

$750,000

$758/sqft

07/31/2026

Source: mls_logoBeaches MLS-FL #A12063168

Price Increased

$750,000 +2.74%

$758/sqft

07/31/2026

Source: #A12063168

Off Market

$730,000 -2.67%

$737/sqft

07/31/2026

Source: mls_logoBeaches MLS-FL #A12063168

Listed for Sale

$750,000

$758/sqft

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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