KAWAMA YACHT CLUB

1500 Ocean Bay Dr # F5, Key Largo FL 33037

2 beds · 2 baths · 918 ft²

For Sale · Active Listing

$814,900

3.56%

Est. Payment $4,337/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

918

Sq. Ft.

1975

Year Built

2

Stories

50

Days on Market

Description

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.

Facts

MLS#
A11991691
Subdivision
KAWAMA YACHT CLUB
Property Type
Residential
Property Sub Type
Condominium
Year Built
1975
Lot Size
0 sqft
Sq. Ft.
918 ft²
Sq. Mt.
85 m²
Price per sq. ft.
$888/ft²
Price per sq. mt.
$9,587/m²
Stories
2
Garage
Pool
Days on Market
50 days
Listed
Mar 30, 2026
Last Updated
May 19, 2026
Price/Lot Sq.Ft.

Market insights for Key Largo

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

48

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/19/2026Price change$814,900-3.6%
3/30/2026Listed for sale$845,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1500 Ocean Bay Dr # F5, Key Largo FL 33037Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$5,166/mo

Principal & Interest

$4,337

Property Tax

$679

Insurance

$150

HOA

$0

20% ($162,980)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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