Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows Nightly Rentals. This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you’re searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in one of Key Largo’s most sought-after communities. Condominium fee is $422/month, with an additional HOA fee of $850/quarter. Don’t miss this opportunity to own your piece of paradise in the Florida Keys!
Property Details
Price:
$750,000
MLS #:
A12063168
Status:
Active
Beds:
2
Baths:
2.5
Type:
Townhouse
Subdivision:
KAWAMA YACHT CLUB
Neighborhood:
kawamayachtclub
Listed Date:
Jul 31, 2026
Finished Sq Ft:
990
Total Sq Ft:
1,370
Year Built:
1975
See this Listing
Schools
Interior
Appliances
Electric Range, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
First Floor Entry, Cooking Island
Exterior
Architectural Style
Garden Apartment
Association Amenities
Barbecue, Other, Pool, Tennis Court(s)
Construction Materials
CBS Construction
Exterior Features
None, Courtyard, Open Balcony, Screened Balcony, Tennis Court(s)
Open Parking YN
1
Parking Features
Open
Patio And Porch Features
Open Balcony, Patio
Security Features
Guard At Site
View
Garden View
Financial
HOA Fee
$427
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$3,770
Map
Community
- Address1500 Ocean Bay Dr # A1 Key Largo FL
- SubdivisionKAWAMA YACHT CLUB
- CityKey Largo
- CountyMonroe County
- Zip Code33037
Subdivisions in Key Largo
Market Summary
Property Summary
- Located in the KAWAMA YACHT CLUB subdivision, 1500 Ocean Bay Dr # A1 Key Largo FL is a Townhouse for sale in Key Largo, FL, 33037. It is listed for $750,000 and features 2 beds, 3 baths, and has approximately 990 square feet of living space, and was originally constructed in 1975. The current price per square foot is $758. The average price per square foot for Townhouse listings in Key Largo is $572. The average listing price for Townhouse in Key Largo is $883,600. To schedule a showing of MLS#a12063168 at 1500 Ocean Bay Dr # A1 in Key Largo, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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