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Under contract
  • Price cut: $1K (8/1)
    $733,900

    1500 Ocean Bay Dr APT B8, Key Largo, FL 33037

    2beds
    764sqft
    : 
    Townhouse
    Built in 1975
    -- sqft lot
    $704,000 Zestimate®
    $961/sqft
    $687/mo HOA

    What's special

    Turn-Key Investment Property in coveted Kawama Yacht Club!! This corner unit, 2 bedroom 2 bath unit comes fully furnished. Short Term Rentals are allowed with the Monroe County Exception. Offset your expense of owning your Florida Keys Home and make your Dreams a Reality. Pool view with Lagoon are just a few steps away from your porch. This corner unit property sits in one of the best locations in Kawama. Priced to sell! Don't miss your opportunity!
    76 days
    on Zillow
    |
    395
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 11, 2025 at 09:11am

    Listed by:

    Jorge Ruiz 786-953-2173,

    Xcellence Realty

    Source: MIAMI,MLS#: A11811146MLS LogoOriginating MLS: A-Miami Association of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Oven
    • Laundry: Laundry Room
    Features
    • Storage
    • Flooring: Carpet, Tile
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 764
    • Total interior livable area: 764 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: 2 Or More Spaces, Open, Limited # Of Vehicle
    • Has uncovered spaces: Yes
    Features
    • Entry location: First Floor Entry
    • Exterior features: Barbecue
    • Pool features: Association
    • Has view: Yes
    • View description: Lagoon, Other
    • Has water view: Yes
    • Water view: Lagoon
    • Waterfront features: Lagoon, No Fixed Bridges, Ocean Access
    Details
    • Parcel number: 00090491000208

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 1975

    Utilities & green energy

    • Electric: Circuit Breakers

    Community & HOA

    Community
    • Security: Complex Fenced, Doorman, Card Entry
    • Subdivision: Kawama Yacht Club
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Cabana, Playground, Pool, Marina, Pickleball, Tennis Court(s)
    • HOA fee: $687 monthly
    • Application fee: $0
    • Pet fee: $0
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $961/sqft
    • Tax assessed value: $542,727
    • Annual tax amount: $4,723
    • Date on market: 5/28/2025
    • Listing terms: All Cash,Conventional
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