1500 Ocean Bay Drive #J7, Key Largo, FL 33037
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1500 Ocean Bay Drive #J7,Key Largo, FL 33037
$890,000
- 3 Beds
- 3 Baths
- 930 sq. ft.
- Condominium
- Active
Listed by: jamie engel, pa
Office: coldwell banker schmitt islamorada
MLS#:616230
Source:FL_FKBOR
Price summary
- Price:$890,000
- Price per sq. ft.:$956.99
- Monthly HOA dues:$900
About this home
Turnkey Key Largo investment property meets modern island living at Unit J7 in Kawama Yacht Club, one of the Florida Keys' most desirable gated, oceanfront communities. This beautifully updated 3-bedroom, 3-bathroom townhouse offers strong vacation rental income potential, weekly rental flexibility, and a true resort-style lifestyle. Spanning three levels, this light-filled residence features a smart, private layout with bedrooms on separate floorsideal for owners and guests alike. Enjoy peaceful lagoon and pool views from your back patio, just steps from the pool and amenities. The home is sold fully furnished and turnkey, making it perfect for investors, second-home buyers, or full-time residents. Rental history is available upon request, providing valuable insight for buyers seeking an income-producing property in Key Largo. Inside, you'll find stylish upgrades, a modern coastal feel, and a layout designed for easy Keys livingsimply unpack and enjoy, or start renting right away. Located in Kawama Yacht Club, residents and guests enjoy resort-style amenities including 24/7 manned gated security, multiple swimming pools, a saltwater lagoon with beach access, tennis courts, marina access nearby, lush tropical landscaping, and peaceful walking paths. Weekly rentals are allowed, a rare and valuable feature in the Keys. HOA fees provide low-maintenance ownership and include exterior maintenance, building insurance, common area upkeep, pest control, and security. Just minutes from world-class fishing, diving, snorkeling, boating, dining, and John Pennekamp Coral Reef State Park, this property delivers the best of the Key Largo lifestyle with built-in investment appeal. Opportunities like this don't last long in Kawama Yacht Club. Whether you're looking for passive income or your own slice of paradise, Unit J7 checks every box. Schedule your private showing today.
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Home facts
- Year built:1983
- Listing ID #:616230
- Added:190 day(s) ago
- Updated:February 28, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Living area:930 sq. ft.
Structure and exterior
- Roof:Metal Roof
- Year built:1983
- Building area:930 sq. ft.
- Architectural Style:Townhouse
- Exterior Features:Sandy Beach
Utilities
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$956.99
- Tax amount:$3,568 (2024)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Manned Gate
- Pool features:In Ground
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