Skip main navigation
Sold for $800,000 on 06/04/25
  • $800,000

    1500 Ocean Bay Dr APT S3, Key Largo, FL 33037

    3beds
    925sqft
    Townhouse, Residential - Condo/Townhouse
    Built in 1983
    -- sqft lot
    $802,900 Zestimate®
    $865/sqft
    $3,584 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: June 05, 2025 at 02:59am

    Listed by:

    Lorie Rhyne Leal 305-942-6044,

    American Caribbean Real Estate, Christie's International Real Estate

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 614569MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Bar
    • Flooring: Tile
    • Doors: Impact Rstnce Doors
    • Windows: Drapes/Blinds Incl, Impact Rstnce Window
    • Furnished: Yes
    Interior area
    • Total interior livable area: 925 sqft

    Property

    Parking
    • Parking features: Open, Trailer Storage, Guest
    • Has uncovered spaces: Yes
    Features
    • Levels: 3 Stories
    • Stories: 3
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Water view: None
    • Waterfront features: Oceanfront, Open Water, Waterfront, Dockage: Boat Ramp
    Lot
    • Features: 1 Less Than 2 Acres
    Details
    • Parcel number: 00090493005500
    • Zoning: SR
    • Zoning description: Sub Urban Residential District

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse, Residential - Condo/Townhouse
    Materials
    • Concrete
    • Roof: Metal
    Condition
    • Year built: 1983

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Electric Gate, Gated with Guard
    Community
    • Community features: Pool, Beach, Tennis Court(s), Community Boat Ramp
    Location
    • Region: Key Largo
    • Subdivision: Kawama (100.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $925 monthly
    • Services included: Cable TV, Security, Maintenance Grounds, Building Insurance, Maintenance Structure, Pest Control
    • Second HOA fee: $340 monthly
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.