1500 Ocean Bay Dr APT A1, Key Largo, FL 33037
What's special
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.Don't miss this opportunity to own your piece of paradise in the Florida Keys!
- 25 days |
- 916 |
- 30 |
Travel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Alberto Martinez 305-766-6679,
Keller Williams Capital Realty - Coral Gables
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 1
- Description: Half Bathroom
- Level: Main
Bedroom 2
- Level: Second
Full bathroom
- Level: Second
Full bathroom
- Level: Second
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
Interior area
- Total structure area: 990
- Total interior livable area: 990 sqft
Property
Parking
- Parking features: Open, Storage
- Has uncovered spaces: Yes
Features
- Has private pool: Yes
- Pool features: In Ground
Details
- Parcel number: 00090491000101
- Zoning: MF - Multi-Family Attached
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- CBS, Concrete
Condition
- Year built: 1975
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Kawama Yacht Club (100.0)
HOA
- Has HOA: Yes
- Services included: Cable TV, Pest Control, Maintenance Structure, Insurance, Common Area Mnt, Security
- HOA fee: $850 monthly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $758/sqft
- Tax assessed value: $496,228
- Annual tax amount: $3,769
- Date on market: 8/1/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $750,000+135.1%$758/sqft |
Source:  MIAMI #A12063168 Report a problem | ||
| 8/3/2011 | Listing removed | $319,000$322/sqft |
Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #547683 Report a problem | ||
| 7/29/2011 | Listed for sale | $319,000$322/sqft |
Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #547683 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,770 +13.2% | $306,460 +10% |
| 2024 | $3,329 +7.7% | $278,600 +10% |
| 2023 | $3,091 +17.1% | $253,273 +10% |
| 2022 | $2,640 +11.8% | $230,248 +10% |
| 2021 | $2,362 +9.7% | $209,316 +10% |
| 2020 | $2,152 | $190,287 |
| 2019 | $2,152 +1.6% | $190,287 -1.1% |
| 2018 | $2,118 +2.4% | $192,434 -0.9% |
| 2017 | $2,069 +3.9% | $194,085 +10.3% |
| 2016 | $1,992 +4.1% | $175,950 |
| 2015 | $1,914 | $175,950 |
Find assessor info on the county website
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
$3,330/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.