1500 Ocean Bay Dr Unit E5 Key Largo, FL 33037
Estimated payment $5,554/month
Highlights
- Ocean Front
- Boat Ramp
- Home fronts a pond
- Coral Shores High School Rated A
- Heated Pool
- Pond View
About This Home
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days. CURRENTLY GENERATING RENTAL INCOME of $98,980 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters. Newer Daikin AC unit with an 8 year warranty. Spacious Living-Dinning aera, beautiful Water Vistas of the Saltwater Lagoon. Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area. Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet. Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guest. Community Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting. The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama Keys Paradise Awaits!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,224
Year Built
- Built in 1975 | Remodeled
Lot Details
- Home fronts a pond
- Ocean Front
HOA Fees
- $850 per month
Home Design
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 766 Sq Ft Home
- Furnished
- Ceiling Fan
- Single Hung Windows
- Drapes & Rods
- Sliding Doors
- Storage
- Pond Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- Guest Parking
- Open Parking
Outdoor Features
- Heated Pool
- Boat Ramp
Horse Facilities and Amenities
- Trailer Storage
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00090491000505
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Kawama Yacht Club Subdivision
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/04/2026 07/04/26 | For Sale | $795,000 | -- | $1,038 / Sq Ft |
Source: Florida Keys Board of REALTORS®
MLS Number: 620527
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.