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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1500 Ocean Bay Dr A1 , Key Largo, FL 33037
$750,000
Est. Payment: $3,785.31/mo
2 Bed
2.5 Bath
990 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows Nightly Rentals. This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you're searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in one of Key Largo's most sought-after communities. Condominium fee is $422/month, with an additional HOA fee of $850/quarter. Don't miss this opportunity to own your piece of paradise in the Florida Keys!

Highlights

Listed by Alberto Martinez , 305-766-6679 and Cesar Villarreal , 305-215-2916 Keller Williams Capital Realty , 305-662-7325. REALTOR Association of Greater Miami and the Beach

Property Type

Condo/Townhome

HOA Fee

427 Monthly

Year Built

1975

County

Monroe

Area

98 Florida Keys

Neighborhood

Kawama Yacht Club

Listing ID

A12063168

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Electric Range, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Tile
Other:Bathtub,Dining Area,Separate/Formal Dining Room,Eat-in Kitchen,First Floor Entry,Kitchen Island,Pets Allowed

Exterior Features

Others:Balcony,Courtyard,Patio,Tennis Court(s)
Parking Features:Open
Principal Interest
$3,785
Taxes
$314
HOA
$427

Home Price

$750,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,785.31

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,785.31 $314.17 $427.00 $4,526.47
Yearly $45,423.70 $3,770.00 $5,124.00 $54,317.70
Total $1,362,710.99 $113,100.00 $153,720.00 $1,629,530.99

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Key Largo, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T02:00:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach