Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$814,900 -$30,100 (-3.56%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 918 Sq. Ft.
  • Updated 3 hours ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 1500 Ocean Bay Dr #F5

General

  • Price: $814,900
  • HOA FEE: $850/month
  • Taxes: $5,999 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11991691
  • Updated: 5/19/2026
  • Added to Site: 50 day(s) ago

Interior

  • Interior Features: First Floor Entry
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Ceramic Floor, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: Primary Bedroom Upstairs

Additional Information

  • Shared Amenities: Pool, Tennis Court(s)
  • Maint. Includes: Common Area, Landscaping/Lawn Maintenance, Outside Maintenance
  • Security/Safety: Guard At Site

Exterior

  • Exterior Features: None, Screened Balcony
  • Deck/Patio: Deck, Open Porch, Screened Porch

Parking

  • Parking Features: Guest, Open, Rv/Boat Parking

Location

  • Area: Kawama Yacht Club
  • County: Monroe County
  • Subdivision: KAWAMA YACHT CLUB
  • Building Name: Kawama Yacht Club
  • Driving Directions: There is a guard gate with 24 hr security. Go through the gate, turn right and follow the buildings around to F5

Community

  • Community Name: Kawama Yacht Club
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

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

Structural Information

  • Structure Type: Townhouse, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Entry Floor Number: 2
  • Building Size: 1510
  • Square Feet: 918
  • Living Area: 918 Sq. Ft.
  • Year Built: 1975

Lot Features

  • Property View: Lagoon

Water Features

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

Financial Considerations

  • Price Per Sq. Ft.: $887.69
  • Association Fee: $850
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,999
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG F OR739-36 OR766-1407 OR781-1444 OR798-2173 OR835-1067 OR871-808 OR1333-1030 OR
  • Restrictions: Daily Rentals Allowed
  • Inclusions: Community Boat Ramp, Ramp
  • Property ID: 00090491-000605

Listed by American Caribbean Real Estate

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1500 Ocean Bay Dr #F5 —

  • American Caribbean Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 1500 Ocean Bay Dr #F5 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Price Reduced
$814,900
-3.56%
MLS
3/30/2026
Listed
$845,000
21.76%
MLS
7/15/2022
Sold
$694,000
—
Public Record
Get Price Alerts and Save Property
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 #F5

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,284
—
$681,414
18%
2024
$5,284
4%
$578,913
4%
2023
$5,066
72%
$558,413
80%
2021
$2,944
-23%
$309,446
-26%
2022
$3,822
30%
$417,584
67%
2021
$2,944
14%
$250,099
3%
2019
$2,592
-2%
$243,733
-1%
2018
$2,653
1%
$246,637
—
2017
$2,637
17%
$245,697
21%
2016
$2,253
2%
$203,470
21%
2015
$2,214
9%
$167,561
10%
2014
$2,025
5%
$152,329
10%
2013
$1,937
—
$138,481
—
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.

Estimate the Cost for 1500 Ocean Bay Dr #F5

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by American Caribbean Real Estate

Similar Properties near 1500 Ocean Bay Dr #F5

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1530 Ocean Bay Dr, Key Largo, FL 33070 - Photo 1
$859,900

1530 Ocean Bay Dr  #304  Key Largo, FL 33070

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,188
    Sq. Ft.
Listed by Pedrin of Miami Realty, Inc., Diana Valbuena
104350 Overseas Hwy, Key Largo, FL 33037 - Photo 1
$819,900

104350 Overseas Hwy  #B403 & Boat slip #11  Key Largo, FL 33037

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 930
    Sq. Ft.
Listed by Coldwell Banker Schmitt Key Largo, Emily Strain
104500 Overseas Hwy, Key Largo, FL 33037 - Photo 1
$825,000

104500 Overseas Hwy  #A302  Key Largo, FL 33037

  • Condo
  • Active
  • 2
    Beds
  • 2
    Total Baths
  • 1,282
    Sq. Ft.
104350 Overseas Hwy, Key Largo, FL 33037 - Photo 1
$779,000

104350 Overseas Hwy  #A-402  Key Largo, FL 33037

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 947
    Sq. Ft.
Listed by Coldwell Banker Schmitt Key Largo, Philip Kravitz

Just Listed near 1500 Ocean Bay Dr #F5

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

178 Coral Ave, Tavernier, FL 33070 - Photo 1 Just Listed
$795,000

178 Coral Ave  Tavernier, FL 33070

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,400
    Sq. Ft.
91 Iroquois Dr, Islamorada, FL 33036 - Photo 1 Just Listed
$7,900,000

91 Iroquois Dr  Islamorada, FL 33036

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 5
    Total Baths
  • 4,048
    Sq. Ft.
Listed by Palm House Real Estate, Eric Smith
84961 Old Hwy 17 Hwy, Islamorada, FL 33036 - Photo 1 Just Listed
$335,000

84961 Old Hwy 17 Hwy  Islamorada, FL 33036

  • Mobile Home
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 1
    Total Bath
154 Milano Dr, Islamorada, FL 33036 - Photo 1 Just Listed
$3,175,000

154 Milano Dr  Islamorada, FL 33036

  • Single Family
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,110
    Sq. Ft.
Listed by Coldwell Banker Schmitt Islamorada, Alina Davis

Price Reduced near 1500 Ocean Bay Dr #F5

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

154 Sebring Dr, Tavernier, FL 33070 - Photo 1 Price Reduced
-$40,000 (-4.85%)
$785,000

154 Sebring Dr  Tavernier, FL 33070

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,667
    Sq. Ft.
166 Bayview Dr, Islamorada, FL 33036 - Photo 1 Price Reduced
-$900,000 (-16.07%)
$4,700,000

166 Bayview Dr  Islamorada, FL 33036

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
7300 20th St, Florida City, FL 32966 - Photo 1 Price Reduced
-$5,010 (-9.11%)
$49,990

7300 20th St  Florida City, FL 32966

  • Mobile Home
  • Active
  • Updated 22 hours ago
  • 2
    Beds
  • 2
    Total Baths
816 NW 8th St, Florida City, FL 33034 - Photo 1 Price Reduced
-$5,000 (-0.95%)
$520,000

816 NW 8th St  Florida City, FL 33034

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,444
    Sq. Ft.

Recent Sales near 1500 Ocean Bay Dr #F5

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1500 Ocean Bay Dr, Key Largo, FL 33037 - Photo 1 Sold
$750,000

1500 Ocean Bay Dr  #H12  Key Largo, FL 33037

  • Townhouse
  • Closed
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 927
    Sq. Ft.
Listed and Sold by Real Estate Sales Force, Inc., BJ Born
167 S Ocean Shores Dr, Key Largo, FL 33037 - Photo 1 Sold
$885,000

167 S Ocean Shores Dr  Key Largo, FL 33037

  • Single Family
  • Closed
  • Updated 4 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,260
    Sq. Ft.
Listed by Real Estate Sales Force - Coral Gables, Yesenia Quintero
Sold by LoKation Real Estate - Pompano Beach, Ewa Schwarz and LoKation Real Estate - Pompano Beach, Peter Schwarz-Top Producer
1530 Ocean Bay Dr, Key Largo, FL 33037 - Photo 1 Sold
$783,000

1530 Ocean Bay Dr  #411  Key Largo, FL 33037

  • Condo
  • Closed
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,188
    Sq. Ft.
Listed by Florida Realty Coastwide, William Cassie
Sold by The Keyes Company, Kelli Ann Farrell
98275 Overseas Hwy, Key Largo, FL 33037 - Photo 1 Sold
$750,000

98275 Overseas Hwy  Key Largo, FL 33037

  • Retail
  • Closed

1500 Ocean Bay Dr #F5, Key Largo, FL 33037 (MLS# A11991691) is a Condo property with 2 bedrooms and 2 full bathrooms. 1500 Ocean Bay Dr #F5 is currently listed for $814,900 and was received on March 30, 2026. Want to learn more about 1500 Ocean Bay Dr #F5? 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.

Tour this property