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$899,900

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 3 Full Baths
  • 1,066 Sq. Ft.
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Remodeled Kawama townhome w/ 3 night rentals allowed. Gated community on the ocean side mile marker 99. The community offers full resort amenities such as a salt-water swimming lagoon, two heated pools, tennis and pickleball courts, kids playground, tiki hut with outdoor kitchen and bbq areas and tropical walking path beside the lagoon. There is also a full marina in the community with boat ramp and boat/trailer parking. The house itself has porcelain tile throughout, quartz counters in kitchen and bath, A legally enclosed first floor with central AC added. The floorplan is wonderful offering a full bath on each of the three floors. This is one of the only communities legally allowed to offer 3 night minimum rentals. The unit has rental license exemption from the County which is transferrable. The unit has strong rental history, seller is willing to disclose to buyer.

Full Property Details for 1500 Ocean Bay Dr #APT P3

General

  • Price: $899,900
  • HOA FEE: $1,425/month
  • Taxes: $4,620 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: 927
  • MLS ID: 621404
  • Updated: 9/25/2026
  • Added to Site: 17 day(s) ago

Interior

  • Interior Features: Quartz Countertops, Window Treatments
  • Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Shared Amenities: Fire Hydrant, Community Boat Ramp, Beach, Tennis Court(s), Pool
  • Pool: Yes
  • Pool Description: In Ground
  • Security/Safety: Manned Gate, Patrolled Area

Exterior

  • Exterior Features: Tennis Court(s), Chickee Hut, Outdoor Kitchen, Shed, Storage
  • Deck/Patio: Screened Patio, Open Porch/Balcony
  • Porch/Patio/Deck: Screened Patio, Open Porch/Balcony

Parking

  • Parking Features: Open

Location

  • Area: 27 - Key Largo MM 97-107
  • County: Monroe
  • Subdivision: Kawama (100.0)

Community

  • Association: Yes
  • Assoc. Fees Include: Bldg Exterior Mnt, Building Insurance, Cable TV, Common Area Mnt, Exterminating, Security
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fans(s)

Structural Information

  • Architectural Style: Townhouse
  • Construction Status: Updated/Remodeled
  • Construction: CBS
  • Roof: Metal
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Square Feet: 1,066
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1983
  • Property Condition: Updated/Remodeled

Unit Information

  • Unit Type: Complex

Lot Features

  • Property View: Pond
  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,766
  • Lot Dimensions: x
  • Zoning: RH - Residential High

Water Features

  • Water Front: Yes
  • Water Front Desc.: Salt Ponds

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $1,425
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,620.73
  • Tax Year: 2025
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: Unit 3 Bldg P Townhouses Of Kawama A Condominium Or871-1272 Or1140-704 Or1366-1879/80 Or1366-1891 Or1567-1794 Or1850-415
  • APN: 90493003900

Listed by JC Realty Group, Inc., Jarrett Buetti (561) 212-5572

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Listing agent

— 1500 Ocean Bay Dr #APT P3 —

  • Jarrett Buetti

    JC Realty Group, Inc.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1500 Ocean Bay Dr #APT P3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$899,900
343.3%
MLS
10/27/2017
Sold
$203,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 Ocean Bay Dr #APT P3

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,621
7%
$572,649
—
2024
$4,319
7%
$572,649
4%
2023
$4,018
33%
$551,206
80%
2021
$3,021
-17%
$306,525
-40%
2022
$3,660
21%
$513,680
93%
2021
$3,021
35%
$266,515
34%
2019
$2,230
-1%
$199,462
—
2018
$2,259
-1%
$199,462
-17%
2017
$2,292
3%
$239,584
6%
2016
$2,231
16%
$226,804
52%
2015
$1,926
-1%
$149,300
3%
2014
$1,950
5%
$144,797
10%
2013
$1,852
—
$131,634
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by JC Realty Group, Inc., Jarrett Buetti (561) 212-5572

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1500 Ocean Bay Drive #APT P3, Key Largo, FL 33037 (MLS# 621404) is a Townhouse property with 2 bedrooms and 3 full bathrooms. 1500 Ocean Bay Drive #APT P3 is currently listed for $899,900 and was received on September 25, 2026. Want to learn more about 1500 Ocean Bay Drive #APT P3? Do you have questions about finding other Townhouse real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

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