2-Bed Townhouse at KAWAMA YACHT CLUB in Key Largo

$750,000

Listing courtesy of Keller Williams Capital Realty; Alberto Martinez. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

2

bathrooms

2

Square Footage

990

Type of Property

Townhouse, Residential

Details

Overview

Sub Type
Townhouse
Price Per Sqft
$758/sqft
Built In
1975
Association Fee
$427/mo HOA
Taxes
$3,770/yr

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!

This townhouse home located at 1500 Ocean Bay Dr # A1, Key Largo FL 33037 is currently for sale and has been available on Brickellsold for 50 days. This property is listed at $750K. It has 2 beds, 2 bathrooms, and is 990 square feet. It was built in 1975. 1500 Ocean Bay Dr # A1, Key Largo FL 33037 is in Key Largo county Monroe County.

Interior

Bedrooms
2
Bathrooms
3
Bathrooms Full
2
Features
  • Flooring: Tile
  • Common walls with other units/homes: Garden Apartment
Heating
Central
Cooling
Central Air
Appliances
Electric Range, Microwave, Refrigerator
Total structure area
1,370
Total interior livable area
990 sqft

Property

Parking
  • Parking Features: Open
Parcel Number
00090491-000101
Features
  • Entry location: First Floor Entry, Cooking Island
  • Exterior Features: None, Courtyard, Open Balcony, Screened Balcony, Tennis Court(s)
  • Has View: Yes
  • View Description: Garden View

Construction

Property subtype
Townhouse, Residential
Materials
CBS Construction
Condition
  • Year Built: 1975

Community & HOA

Community
  • Security Features: Guard At Site
  • Subdivision: KAWAMA YACHT CLUB
HOA
  • Has HOA: Yes
  • Amenities: Barbecue, Other, Pool, Tennis Court(s)
  • HOA Fees: $427/mo
Region
Key Largo

Financial

Price Per Sqft
$758/sqft
Taxes
$3,770/yr
Association Fee
$427/mo
On Market Date
7/30/2026
Listing Terms
All Cash

Metadata

Added
7/31/2026
Updated
9/19/2026
MLS#
A12063168
Days on Market
50
Listed By
Keller Williams Capital Realty
Originating MLS
A-Miami Association of REALTORS

Map

Price History

EventPriceDate
Original list price$750,000Jul 31, 2026

BrickellSold Intelligence

Unlock the complete property report

See a fair-value range, recent comparable-sales analysis, building performance, estimated ownership costs, rental returns and current market leverage.

Create a free account

Explore real estate near Key Largo

Compare this townhouse with current Key Largo, FL inventory, nearby properties, local market context, and practical Miami buyer guidance. Listing prices and availability are refreshed from the MLS.