1500 Ocean Bay Dr Unit J7 Key Largo, FL 33037
Estimated payment $5,939/month
Highlights
- Lake Front
- Boat Ramp
- Gated with Attendant
- Coral Shores High School Rated A
- Sandy Beach
- 1-minute walk to Schwingggg
About This Home
Great Investment income and Modern Island Living in Key Largo!Welcome to Unit J7 at Kawama Yacht Club -- a beautifully updated 3-bedroom, 3-bathroom townhouse offering a sleek, modern vibe across three spacious levels and 930 sq ft of turnkey living space. Whether you're looking for a peaceful tropical escape or a high-performing investment property, this unit checks all the boxes.Enjoy serene lagoon and pool views right from your back patio -- just steps away from both! Sold fully furnished and vacation rental friendly, this home has rental history available upon request, making it an ideal choice for savvy investors or weekend warriors looking for extra income.Inside, the unit shines with stylish upgrades, a smart layout that offers privacy on each level, and a fresh, inviting feel. Just unpack and unwind -- everything is already done for you.Located in the gated, oceanfront community of Kawama Yacht Club, residents and guests enjoy resort-style amenities including:24/7 gated securityTennis courtsMultiple swimming poolsSaltwater lagoon with beach accessMarina access nearbyLush, tropical landscaping and peaceful walking pathsAnd Weekly Rentals Are AllowedHOA fees cover exterior maintenance, building insurance, common area upkeep, pest control, and security -- giving you peace of mind and low-maintenance ownership.Just minutes from world-class fishing, diving, dining, and all the best of Key Largo. Opportunities like this don't last long -- especially in one of the Top 100 Communities in the Florida Keys!Ready to live the Key Largo lifestyle or earn passive income in paradise?Call today to schedule your private tour of Unit J7!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,568
Year Built
- Built in 1983
Lot Details
- Lake Front
- Sandy Beach
HOA Fees
- $900 Monthly HOA Fees
Home Design
- Metal Roof
Interior Spaces
- 930 Sq Ft Home
- Tile Flooring
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Guest Parking
Outdoor Features
- In Ground Pool
- Boat Ramp
Utilities
- Central Air
- Public Hookup Available For Sewer
Listing and Financial Details
- Assessor Parcel Number 00090493-001100
Community Details
Overview
- $340 Maintenance Fee
- Association fees include exterminating, security, common area mnt, building insurance, bldg exterior mnt
- 104 Units
- Kawama Subdivision
- Rental Restrictions
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
Recreation
- Tennis Courts
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,297 | $480,472 | -- | $480,472 |
| 2023 | $3,297 | $462,504 | $0 | $462,504 |
| 2022 | $2,992 | $431,059 | $0 | $431,059 |
| 2021 | $2,447 | $257,525 | $0 | $257,525 |
| 2020 | $2,233 | $223,578 | $0 | $223,578 |
| 2019 | $2,174 | $216,613 | $0 | $216,613 |
| 2018 | $2,114 | $216,613 | $0 | $0 |
| 2017 | $2,093 | $240,351 | $0 | $0 |
| 2016 | $2,028 | $227,525 | $0 | $0 |
| 2015 | $1,716 | $149,300 | $0 | $0 |
| 2014 | $1,728 | $149,300 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $890,000 | -- | $957 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | Coastal Title & Closing Serv | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | $205,000 | -- | |
| Warranty Deed | $15,100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $95,000 | -- | |
| Warranty Deed | $95,500 | -- | |
| Warranty Deed | $69,000 | -- | |
| Warranty Deed | $125,900 | -- | |
| Warranty Deed | $100,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $239,000 | New Conventional | |
| Previous Owner | $193,500 | New Conventional |
Source: Florida Keys Board of REALTORS®
MLS Number: 616230
APN: 00090493-001100
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