1500 Ocean Bay Drive M6, Key Largo, FL 33037

$845,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 920 Status: Closed
Current Price: $845,000 List Date: 5/27/2025 Last Modified: 9/30/2025

Description

Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater lagoon for swimming and kayaking, marina, boat ramp, tennis/pickleball courts, playground for children, beach area with firepits great for family gatherings and a jetty perfect for watching sunrises and sunsets. Short term rentals are permitted and this unit has a profitable history of rentals. Great place for full time living, as a vacation home or short term rental income opportunity

More Information MLS# 615177

Contract Information

Current Price: $845,000 Listing Date: 2025-05-24 Listing Board: Florida Keys Sold 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 (100.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 6 Unit/Complex: Complex Pool: Yes Year Built: 1983 Lot Sqft Source: Property Data Card Living Apx SqFt: 920 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: Yes

Status Change Info

Sold Date: 2025-08-04 Sold Price: $845,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Association Fee $: 340 Maintenance Fee $: 925 Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 2

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Lake View; Salt Ponds Dockage: Boat Ramp Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Assigned Parking; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Pool Info: In Ground Construction: CBS Floor: Concrete; Tile Roof: Metal Roof Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer
Listing Office: Century 21 Circle- Islamorada
Last Updated: September - 30 - 2025
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.