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$845,000
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Property Description
Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater lagoon for swimming and kayaking, marina, boat ramp, tennis/pickleball courts, playground for children, beach area with firepits great for family gatherings and a jetty perfect for watching sunrises and sunsets. Short term rentals are permitted and this unit has a profitable history of rentals. Great place for full time living, as a vacation home or short term rental income opportunity
Full Property Details
Full Property Details for 1500 Ocean Bay Dr #M6
General
- Sold For: $845,000
- HOA FEE: $340/month
- Taxes: $3,912 (2024)
- Status: Closed
- Type: Townhouse
- Source: 927
- MLS ID: 615177
- Added to Site: 241 day(s) ago
Interior
- Rooms/Areas: Laundry Room
- Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile, Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Community Pool, Beach, Manager on Premises, Tennis Courts, Community Boat Ramp
- Pool: Yes
- Pool Description: In Ground
- Security/Safety: Electric Gate, Patrolled Area, Manned Gate
Exterior
- Deck/Patio: Open Porch/Balcony, Screened Patio
Parking
- Garage Spaces: 2
- Total Spaces: 2
- Parking: Assigned Parking, Guest Parking
Location
- Area: 27 - Key Largo MM 97-107
- County: Monroe
- Subdivision: Kawama (100.0)
Community
- Assoc. Fees Include: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
- Pet Restrictions: YES
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fans(s)
Utilities
- Water: Lake View, Salt Ponds
- Utility Description: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer
Structural Information
- Architectural Style: Townhouse
- Construction Status: Updated/Remodeled
- Construction: CBS
- Roof: Metal Roof
- Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
- Wiring: Cable
- Square Feet: 920
- Sq. Ft. Source: Property Data Card
- Year Built: 1983
- Property Condition: Updated/Remodeled
Unit Information
- Unit Type: Complex
Lot Features
- Zoning: SR - Sub Urban Residential District
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Oceanfront, Open Water
- Dock Description: Boat Ramp
Financial Considerations
- Association Fee: Yes
- Association Fee: $340
- Assoc Fee Freq.: Monthly
- Maint. Fee: $925
- Tax Amount: $3,912
- Tax Year: 2024
Disclosures and Reports
- Legal Description: UNIT 6 TOWNHOUSES OF KAWAMA A CONDOMINIUM BLDG M OR858-2069 OR3197-2221
- Flood Zone: AE, AE
- Rentals Allowed: Yes
- APN: 00090493-003100
Listed and Sold by Century 21 Circle- Islamorada, Gladys Cornell
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Schools
Schools serving 1500 Ocean Bay Dr #M6
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 6.1 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 91.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 Ocean Bay Dr #M6
Date
Details
Price
Change
Source
8/04/2025
Sold
$845,000
-3.87%
MLS
5/25/2025
Listed
$879,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1500 Ocean Bay Drive #M6, Key Largo, FL 33037 (MLS# 615177) is a Townhouse property that was sold at $845,000 on August 04, 2025. Want to learn more about 1500 Ocean Bay Drive #M6? 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.

