- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
$730,000
Monthly Est:$3,633
2 Beds
- 3 Baths
2 full baths + 1 half bath
990sqft
1500 Ocean Bay Dr #A1, Key Largo, FL 33037
$730,000
$3,633/moEst:
Get Pre-Approved
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

This condo is in:
Property Details
Status
Active
Type
Townhouse
No. of Stories
2
County
City
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

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
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
Pool
Maintenance
Other
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
| Date | Event | Price |
|---|---|---|
10/20/2026 Source: | Price Decreased | $730,000 -2.67% $737/sqft |
07/31/2026 Source: | Off Market | $750,000 $758/sqft |
07/31/2026 Source: | 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: | Listed for Sale | $750,000 $758/sqft |
Find Homes by Property Features in Key Largo, FL
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




