1500 Ocean Bay Drive S3, Key Largo, FL 33037

$800,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 925 Status: Closed
Current Price: $800,000 List Date: 4/10/2025 Last Modified: 6/05/2025

Description

Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area along with two patios - one open & one screened; and the top floor includes two more bedrooms and a full bath along with another screened patio. The beautiful & private Kawama Yacht Club offers several heated pools, saltwater swimming lagoons, oceanfront sandy beaches, jetty with gazebo, boat ramp, on site boat storage, tennis, playground, multiple picnic areas and access to a deep water harbor. This gated community is professionally managed and has 24 hour manned security. Short term rentals allowed - this townhome is fully furnished and in an active rental program. You can live here full time, seasonally or use when you like and rent while you're away! Centrally located to all Key Largo has to offer including the famous Key Largo Fisheries, bars, restaurants, shopping, diving, fishing and more. Close to everything but US1!

More Information MLS# 614569

Contract Information

Current Price: $800,000 Listing Date: 2025-04-09 Listing Board: Florida Keys Sold Price: $800,000 As is Rght to Inspct: Yes

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 Living Apx SqFt: 925 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 3

Status Change Info

Sold Date: 2025-06-04 Sold Price: $800,000 Sold Comments: Furnished Status: Closed

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: No Assoc Approval Req: No Association Fee $: 925 Maintenance Fee $: 340 Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown Stories: 3 Stories

Pool Info

Heated: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: No Waterview Dockage: Boat Ramp Building Style: Townhouse Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Bar; Drapes/Blinds Incl; Smoke Alarms Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Pool Info: In Ground Construction: Concrete Floor: Tile Roof: Metal Roof Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Tennis Courts Security: Electric Gate; Manned Gate Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: June - 05 - 2025
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