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1500 Ocean Bay Drive F5, Key Largo, FL 33037
$845,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
918
Status:
Active
Current Price:
$845,000
List Date:
3/26/2026
Last Modified:
4/08/2026
Description
Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid's area. This unit has everything you need, to use for your own enjoyment and generate an income when you are not using it. This unit is managed by a local property manager. Rentals on the books will transfer to new buyer. Built in rental income!
More Information MLS# 619210
Contract Information
Current Price: $845,000
Listing Date: 2026-03-26
Listing Board: Florida Keys
List Price: $845,000
Location Tax Legal
Street #: 1500
Street Name: Ocean Bay
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Kawama Yacht Club (100.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Unit/Complex: Complex
Pool: Yes
Year Built: 1975
Lot Size: X
Living Apx SqFt: 918
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 1
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Association Fee $: 850
Maintenance Fee $: 350
Assoc/Mnt Fee Per: Monthly
Building Style
Above Flood: Unknown
Pool Info
Heated: Yes
Property Features
Fee Includes: Building Insurance; Cable; Common Area Mnt; Security; Sewer
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: Boat Ramp
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Open Parking
Furnished: Furnished
Cooling: Central Air
Heating: Central
Utilities: Cable Available; FKAA; Municipal Sewer
Interior Features: Granite Counter Top
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Pool Info: In Ground
Construction: CBS
Shutters: Panel
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Security: Manned Gate
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Room Information
Full Bathroom
Level: Main
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: April - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
