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$819,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 918 Sq. Ft.
  • Updated 1 day ago
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Beautifully remodeled 2-bedroom, 2-bath townhome in the highly desirable Kawama Yacht Club. Sold fully furnished, and includes two kayaks, making it a perfect turnkey vacation home or income-producing short-term rental. HOA includes also water, cable and internet. Renovated down to the studs with impact windows, a new A/C (2019), and custom kitchen and bathrooms. Ideally located with the community pool and lagoon just behind the unit. Gated community with 24-hour security, two pools, a private marina, first-come, first-served boat storage, boat ramp, fire pits, waterfront BBQ areas, and ample parking. Move-in ready-just bring your boat and enjoy the relaxed Florida Keys lifestyle.

Full Property Details for 1500 Ocean Bay Dr #B3

General

  • Price: $819,000
  • HOA FEE: $1,235/month
  • Taxes: $5,702 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12049260
  • Updated: 7/8/2026
  • Added to Site: 4 day(s) ago

Interior

  • Interior Features: First Floor Entry, Family Room, Florida Room, Loft, Storage, Utility Room/Laundry
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Floor, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs

Other Rooms

  • Living Room: Family Room, Florida Room, Sq. Ft.
  • Eat-in kitchen: Yes
  • Dining Room: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination
  • Laundry: Utility Room/Laundry

Additional Information

  • Shared Amenities: Barbecue
  • Maint. Includes: All Amenities, Building Exterior, Common Area, Security, Trash Removal
  • Security/Safety: Smoke Detector, Complex Fenced, Guard At Site, Security Patrol

Exterior

  • Deck/Patio: Deck, Screened Porch

Parking

  • Parking Features: 2 Or More Spaces, Guest, Open, Limited # Of Vehicle

Location

  • Area: Kawama Yacht Club
  • County: Monroe County
  • Subdivision: KAWAMA YACHT CLUB
  • Building Name: KAWAMA YACHT CLUB
  • Driving Directions: GPS

Community

  • Community Name: Kawama Yacht Club
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Structural Information

  • Architectural Style: Split Level
  • Structure Type: Townhouse, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction, CBS Construction
  • Windows: High Impact Windows, Impact Glass
  • Doors: High Impact Doors
  • Entry Floor Number: 1
  • Building Size: 1510
  • Square Feet: 918
  • Living Area: 918 Sq. Ft.
  • Year Built: 1975
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Lagoon, Pool Area View, Water View

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lagoon

Financial Considerations

  • Price Per Sq. Ft.: $892.16
  • Association Fee: $1,235
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,702
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: UNIT 3 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG B OR686-798 OR1984-1033 OR2558-1019 OR2940-0643 OR3288-1338 OR3311-1381
  • Restrictions: Corporate Buyer OK, Daily Rentals Allowed
  • Inclusions: Community Boat Ramp, Unrestricted Salt Water Access
  • Property ID: 00090491-000203

Listed by MB Elite Consulting LLC

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Listing agent

— 1500 Ocean Bay Dr #B3 —

  • MB Elite Consulting LLC

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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 #B3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/06/2026
Listed
$819,000
2.38%
MLS
1/30/2025
Sold
$800,000
—
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 #B3

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,702
47%
$616,159
20%
2024
$3,869
7%
$511,596
4%
2023
$3,600
32%
$493,822
79%
2021
$2,722
-11%
$276,158
-27%
2022
$3,052
12%
$380,134
66%
2021
$2,722
10%
$228,970
—
2019
$2,471
15%
$228,970
24%
2018
$2,158
5%
$184,879
-3%
2017
$2,062
1%
$189,727
—
2016
$2,041
1%
$189,265
36%
2015
$2,013
13%
$138,903
10%
2014
$1,786
4%
$126,276
10%
2013
$1,714
—
$114,797
—
View All
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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Listed by MB Elite Consulting LLC

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1500 Ocean Bay Dr #B3, Key Largo, FL 33037 (MLS# A12049260) is a Condo property with 2 bedrooms and 2 full bathrooms. 1500 Ocean Bay Dr #B3 is currently listed for $819,000 and was received on July 06, 2026. Want to learn more about 1500 Ocean Bay Dr #B3? Do you have questions about finding other Condo 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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