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
Sold for $845,000 on 08/04/25
$845,000
1500 Ocean Bay Dr #M6, Key Largo, FL 33037
3beds
920sqft
Townhouse, Residential - Condo/Townhouse
Built in 1983
-- sqft lot
$845,000 Zestimate®
$918/sqft
$4,020 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 06:27am
Listed by:
Gladys Cornell 305-619-0223,
Century 21 Circle- Islamorada
Bought with:
Gladys Cornell, 0399238
Century 21 Circle- Islamorada
Source: FLKMLS,MLS#: 615177
Originating MLS: Florida Keys

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Flooring: Tile, Concrete
- Doors: Sliding Glass Doors, Impact Rstnce Doors
- Windows: Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 920 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Guest
Features
- Patio & porch: Open Porch/Balcony, Screened Patio
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Lake, Salt Ponds
- Has water view: Yes
- Water view: Lake,Salt Ponds
- Waterfront features: Oceanfront, Open Water, Waterfront, Dockage: Boat Ramp
Lot
- Features: 1 Less Than 2 Acres
Details
- Parcel number: 00090493003100
- Zoning: SR
- Zoning description: Sub Urban Residential District
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse, Residential - Condo/Townhouse
Materials
- CBS
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA, Cable Available, Cable Connected
Community & neighborhood
Security
- Security features: Electric Gate, Patrolled Area, Gated with Guard
Community
- Community features: Pool, Beach, Manager on Premises, Tennis Court(s), Community Boat Ramp
Location
- Region: Key Largo
- Subdivision: Kawama (100.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $340 monthly
- Services included: Cable TV, Security, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Sewer
- Second HOA fee: $925 monthly