1500 Ocean Bay Drive #B3, Key Largo, FL 33037

Key Largo
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1500 Ocean Bay Drive #B3,Key Largo, FL 33037
$819,900
  • 2 Beds
  • 2 Baths
  • 748 sq. ft.
  • Townhouse
  • Active
Listed by: diana valbuena
Office: pedrin of miami realty, inc.
MLS#:617764
Source:FL_FKBOR

Price summary

  • Price:$819,900
  • Price per sq. ft.:$1,096.12
  • Monthly HOA dues:$850

About this home

One of the very few properties in Key Largo that allows daily rentals, making it a highly desirable business opportunity for passive income. The property has the ability to generate over $100,000 annually. Ideally located directly in front of the pool, it offers a beautiful view of the saltwater lagoon and resort-style pool, enhancing both guest appeal and rental demand.

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Home facts

  • Year built:1975
  • Subdivision & Development:Kawama Yacht Club (100.0)
  • Listing ID #:617764
  • Added:236 day(s) ago
  • Updated:May 29, 2026 at 02:52 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Kitchen Description:Built-in Cabinets, Quartz Countertops
  • Living area:748 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans(s), Central Air

Structure and exterior

  • Year built:1975
  • Building area:748 sq. ft.
  • Exterior Features:Built-in Grill, Chickee Hut, Gazebo, Lighting, Outdoor Kitchen, Rain Gutters, Sandy Beach, Tennis Court(s)

Finances and disclosures

  • Price:$819,900
  • Price per sq. ft.:$1,096.12
  • Tax amount:$5,701

Features and amenities

  • Amenities:Built-in Cabinets, Drapes Included, Smoke Alarms, Window Treatments

Parking

  • Parking description:Off Street, Open

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