Premier Brokers International
1500 Ocean Bay Drive B3, Key Largo, FL 33037
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12049260
$795,000

↓ Price reduced $24,000 on Oct 26, 2026

1500 Ocean Bay Drive B3, Key Largo, FL 33037

Beds
2
Baths
2
Sqft
918
Est. payment$6,233/mo
Home type
Condominium
Year built
1975
Lot size
—
Price / sqft
$866
HOA
$1,235/mo
Community
KAWAMA YACHT CLUB

Property description

Beautifully remodeled 2-bedroom, 2-bath townhome in the highly desirable Kawama Yacht Club. Sold fully furnished, and includes two kayaks, making it a perfect turnkey vacation home or income-producing short-term rental. HOA includes also water, cable and internet. Renovated down to the studs with impact windows, a new A/C (2019), and custom kitchen and bathrooms. Ideally located with the community pool and lagoon just behind the unit. Gated community with 24-hour security, two pools, a private marina, first-come, first-served boat storage, boat ramp, fire pits, waterfront BBQ areas, and ample parking. Move-in ready—just bring your boat and enjoy the relaxed Florida Keys lifestyle.

Listing activity

Days on market
112
Listed
Jul 6, 2026
MLS listing updated
Oct 26, 2026
Feed last checked
9 minutes ago

Listed by Maria Bercova · MB Elite Consulting LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
4
Interior features
Storage
Flooring
Ceramic Tile, Tile
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Guest, Open
Attached garage
No

Exterior

Stories
2
Building area
1,510 sqft
Entry level
1
Patio & porch
Porch - Screened, Porch, Deck
View
Lagoon, Pool, Water
Waterfront
No Fixed Bridge, Lagoon
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Architectural style
Split Level
Year built
1975
New construction
No

Materials

Construction
Block, CBS
Property condition
Updated/Remodeled
Utilities & green energy

Utilities

Electric
Circuit Breakers
Community & HOA

Community

Subdivision
KAWAMA YACHT CLUB
MLS area
5940 - Other Florida County
MLS subarea
Other
Security
Security Fence, Security Guard, Security Patrol, Smoke Detector(s)
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,235 monthly
Estimated monthly dues
$1,235
Amenities
Maintenance, Picnic Area
Services included
Common Areas, Maintenance Structure, Security, Trash
Lease details

Not reported by the listing source.

Location

Area details

City
Key Largo
County
Monroe
ZIP code
33037
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12049260
Possession
Negotiable
Original list price
$819,000
Parcel number
00090491000203
Annual property tax
$5,702
Tax year
2025
Tax legal description
UNIT 3 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG B OR686-798 OR1984-1033 OR2558-1019 OR2940-0643 OR3288-1338 OR3311-1381
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Picnic Area
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Maintenance Structure, Security, Trash
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1510
Construction Materials
Block, CBS
County Or Parish
Monroe
Days On Market
112
Elementary School
Key Largo
High School
Coral Shores
List Price
795000
Listing Contract Date
2026-07-06
Living Area
918
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Middle Or Junior School
Key Largo
Mls Status
Active
On Market Date
2026-10-26
Patio And Porch Features
Porch - Screened, Porch, Deck
Photos Count
35
Postal Code
33037
Price Change Timestamp
2026-10-26T18:28:30Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
4
Security Features
Security Fence, Security Guard, Security Patrol, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-26T18:27:49Z
Stories Total
2
Subdivision Name
KAWAMA YACHT CLUB
Waterfront Features
No Fixed Bridge, Lagoon
Tax Annual Amount
5702
Bathrooms Full
2
Bedrooms Total
2
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1235

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 6, 2026ListedMIAMI REALTORS® MLS$819,000$892/sqft
Oct 26, 2026Price reducedMIAMI REALTORS® MLS$795,000$866/sqft

Public tax history

YearProperty taxesAssessment
2025$5,702—

Payment calculator

Estimated monthly payment$6,233/moIllustrative estimate, not a loan offer.
Principal & interest
$4,125
Property taxes
$475
Insurance
$398
Association dues
$1,235

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

KAWAMA YACHT CLUB

Key Largo · Monroe County · 33037

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Key LargoElementary
—
Key LargoMiddle
—
Coral ShoresHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

11 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of MB Elite Consulting LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.