1500 Ocean Bay Dr # F5 Key Largo FL 33037 MLS #A11991691

1500 Ocean Bay Dr # F5
Key Largo, FL, 33037
$845,000
2 Beds
2 Baths
918 SqFt
0 Acres
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MLS #A11991691 image #0
Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid’s area. This unit has everything you need to use for your own enjoyment and generate an income when you are not using it.

Property Details

Price:
$845,000
MLS #:
A11991691
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
KAWAMA YACHT CLUB
Neighborhood:
kawamayachtclub
Listed Date:
Mar 30, 2026
Finished Sq Ft:
918
Total Sq Ft:
1,510
Year Built:
1975
WaterfrontOceanfrontTennisKawama Yacht ClubKawama Yacht ClubKawamayachtclubKawama Yacht ClubLagoonDaily Rentals AllowedRestrictions Or Possible Restrictions

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Schools

Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Floor, Vinyl
Heating
Central
Interior Features
First Floor Entry

Exterior

Association Amenities
Pool, Tennis Court(s)
Construction Materials
Concrete Block Construction
Exterior Features
None, Screened Balcony
Open Parking YN
1
Parking Features
Guest, Open, Rv/Boat Parking
Patio And Porch Features
Deck, Open Porch, Screened Porch
Security Features
Guard At Site
View
Lagoon
Waterfront Features
Lagoon, Ocean Front

Financial

HOA Fee
$850
HOA Fee Frequency
Monthly
Maintenance Fee
$350
Tax Year
2025
Taxes
$5,999

Map

Community

Market Summary

Current real estate data for Condo in Key Largo as of Apr 14, 2026
8
Condo Listed
251
Avg DOM
1,119
Avg $ / SqFt
$1,791,500
Avg List Price

Property Summary

    Located in the KAWAMA YACHT CLUB subdivision, 1500 Ocean Bay Dr # F5 Key Largo FL is a Condo for sale in Key Largo, FL, 33037. It is listed for $845,000 and features 2 beds, 2 baths, and has approximately 918 square feet of living space, and was originally constructed in 1975. The current price per square foot is $920. The average price per square foot for Condo listings in Key Largo is $1,119. The average listing price for Condo in Key Largo is $1,791,500.

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