$730,000
2 bd · 3 ba · 990 sq ft · Townhouse
1500 Ocean Bay Dr # A1, Key Largo FL 33037
For Sale · Active listing
Est. payment $4,012/mo · Mortgage calculator
Listed by Keller Williams Capital Realty / Alberto Martinez
Contact: 305-766-6679 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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!
Facts
- MLS #
- A12063168
- Subdivision
- KAWAMA YACHT CLUB
- Property type
- Residential
- Property subtype
- Townhouse
- Sq. ft.
- 990
- Price per sq. ft.
- $737 / sq ft
- Year built
- 1975
- Days on market
- 81
- County
- Monroe County
- Date listed
- Jul 31, 2026
- Last updated
- Oct 20, 2026
Financial considerations
- HOA fee
- $427 monthly
- Taxes
- $3,770 (2025)
- HOA amenities
- Barbecue, Other, Pool, Tennis Court(s)
Exterior features
- Waterfront
- No
- View
- Garden View
- Construction
- CBS Construction
- Additional features
- None, Courtyard, Open Balcony, Screened Balcony, Tennis Court(s)
Interior features
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Electric Range, Microwave, Refrigerator
- Additional features
- First Floor Entry, Cooking Island
Additional features
- Security
- Guard At Site
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 20, 2026, 4:39 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.