For sale Residential

Listed Jul 31, 2026

$730,000 Est. $4,828/mo

1500 Ocean Bay Drive Apt A1

  • 2

    Beds

  • 3

    Baths

  • 990

    Sq ft

The story

  • Pool

Unit APT A1 at 1500 Ocean Bay Drive is a 2-bedroom, 3-bathroom residential in Key Largo, FL with 990 sq ft of living space, built in 1975. It is currently listed at $730,000, with a monthly HOA fee of $850. Highlights include a pool.

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.Don't miss this opportunity to own your piece of paradise in the Florida Keys!

Facts & features

Home type

Residential

Year built

1975

Price per sq ft

$737

HOA

$850 / monthly

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating

    Central

  • Appliances

    Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,828 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,885
  • Property tax $730
  • Insurance $213

Includes principal, interest, taxes & insurance.

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Listing Broker

Keller Williams Capital Realty - Coral Gables

Broker Name

Keller Williams Capital Realty - Coral Gables

Agent

Alberto Martinez