For sale

$819,000

1500 Ocean Bay Dr APT B3, Key Largo, FL 33037

2beds

918sqft

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Townhouse

Built in 1975

-- sqft lot

$788,300 Zestimate^®

$892/sqft

$1,235/mo HOA

What's special

Two poolsWaterfront bbq areasPrivate marinaBoat rampAmple parkingFire pitsImpact windows

Beautifully remodeled 2-bedroom, 2-bath townhome in the highly desirable Kawama Yacht Club. Sold fully furnished, and includes two kayaks, making it a perfect turnkey vacation home or income-producing short-term rental. HOA includes also water, cable and internet. Renovated down to the studs with impact windows, a new A/C (2019), and custom kitchen and bathrooms. Ideally located with the community pool and lagoon just behind the unit. Gated community with 24-hour security, two pools, a private marina, first-come, first-served boat storage, boat ramp, fire pits, waterfront BBQ areas, and ample parking. Move-in ready—just bring your boat and enjoy the relaxed Florida Keys lifestyle.

8 hours

79

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room, Florida Room, Loft

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry: Laundry Room

Features

Storage
Flooring: Ceramic Tile, Tile
Doors: High Impact Doors
Windows: High Impact Windows, Impact Glass

Interior area

Total structure area: 1,510
Total interior livable area: 918 sqft

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Property

Parking

Parking features: 2 Or More Spaces, Guest, Open, Limited # Of Vehicle
Has uncovered spaces: Yes

Features

Levels: Split Level
Entry location: First Floor Entry
Patio & porch: Deck, Screened Porch
Has view: Yes
View description: Lagoon, Pool, Water
Has water view: Yes
Water view: Lagoon,Water
Waterfront features: Lagoon

Details

Parcel number: 00090491000203

Construction

Type & style

Home type: Townhouse
Architectural style: Split Level
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Concrete Block Construction, CBS Construction

Condition

Updated/Remodeled
Year built: 1975

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Security: Smoke Detector, Complex Fenced, Security Guard, Security Service
Application fee: $150
Subdivision: Kawama Yacht Club

HOA

Has HOA: Yes
Amenities included: Barbecue
HOA fee: $1,235 monthly

Location

Region: Key Largo

Financial & listing details

Price per square foot: $892/sqft
Tax assessed value: $616,159
Annual tax amount: $5,702
Date on market: 7/6/2026
Listing terms: All Cash,Conventional

Estimated market value

$788,300

$749,000 - $828,000

$2,876/mo

Price history

Date	Event	Price
7/8/2026	Listed for sale	$819,000-0.1%$892/sqft
Source: MIAMI #A12049260 Report a problem
6/2/2026	Listing removed	$819,900$893/sqft
Source: FLKMLS #617764 Report a problem
3/31/2026	Price change	$819,900-1.2%$893/sqft
Source: FLKMLS #617764 Report a problem
12/19/2025	Listed for sale	$829,999+3.7%$904/sqft
Source: Key West AOR #617764 Report a problem
2/4/2025	Sold	$800,000-4.8%$871/sqft
Source: FLKMLS #612532 Report a problem
12/11/2024	Pending sale	$840,000$915/sqft
Source: FLKMLS #612532 Report a problem
12/4/2024	Listed for sale	$840,000+14.3%$915/sqft
Source: Key West AOR #612532 Report a problem
8/2/2024	Sold	$735,000+0.8%$801/sqft
Source: MIAMI #A11607658 Report a problem
6/25/2024	Pending sale	$729,000$794/sqft
Source: MIAMI #A11607658 Report a problem
6/22/2024	Contingent	$729,000$794/sqft
Source: MIAMI #A11607658 Report a problem
6/19/2024	Listed for sale	$729,000+155.8%$794/sqft
Source: MIAMI #A11607658 Report a problem
12/13/2018	Sold	$285,000-5%$310/sqft
Source: Public Record Report a problem
10/11/2018	Listed for sale	$299,900+3.4%$327/sqft
Source: American Caribbean Real Estate - Key Largo #582255 Report a problem
10/26/2017	Listing removed	$289,900$316/sqft
Source: American Caribbean Real Estate #A10074571 Report a problem
4/24/2017	Price change	$289,900-3.3%$316/sqft
Source: American Caribbean Real Estate #570643 Report a problem
4/21/2016	Listed for sale	$299,900-54.3%$327/sqft
Source: American Caribbean Real Estate #570643 Report a problem
4/30/2015	Sold	$656,500-5.5%$715/sqft
Source: Agent Provided Report a problem
12/10/2014	Listed for sale	$695,000+189.6%$757/sqft
Source: Ocean Sotheby's International Realty #565969 Report a problem
3/17/2004	Sold	$240,000$261/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,702 +47.4%	$616,159 +83.8%
2024	$3,869 +7.5%	$335,235 +10%
2023	$3,600 +18%	$304,759 +10%
2022	$3,052 +12.1%	$277,054 +10%
2021	$2,722 +10.3%	$251,867 +10%
2020	$2,468	$228,970
2019	$2,468 -0.1%	$228,970 +19.9%
2018	$2,471 +14.5%	$190,946 +0.6%
2017	$2,158 +4.6%	$189,727 +0.2%
2016	$2,062 +1.1%	$189,265
2015	$2,041	$189,265

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