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$899,900
1500 Ocean Bay Drive APT P3
Key Largo, FL 33037
MLS# 621404
2 beds  |  3 baths  |  1066 sqft


Living Room 2
  1 / 22  
Living Room 2 Living Room Kitchen Master Bedroom 2 Master Bath 1st Floor 1st Floor 2 1st floor 3 1st Floor Bath Front Beach 3 Beach 2 Beach Grounds Lagoon 2 Lagoon Playground 2 Playground Pool 2 Pool Sign

Property Description
Remodeled Kawama townhome w/ 3 night rentals allowed. Gated community on the ocean side mile marker 99. The community offers full resort amenities such as a salt-water swimming lagoon, two heated pools, tennis and pickleball courts, kids playground, tiki hut with outdoor kitchen and bbq areas and tropical walking path beside the lagoon. There is also a full marina in the community with boat ramp and boat/trailer parking. The house itself has porcelain tile throughout, quartz counters in kitchen and bath, A legally enclosed first floor with central AC added. The floorplan is wonderful offering a full bath on each of the three floors. This is one of the only communities legally allowed to offer 3 night minimum rentals. The unit has rental license exemption from the County which is transferrable. The unit has strong rental history, seller is willing to disclose to buyer.

Details
Maps
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Current Price: $899,900
Listing Date: 2026-09-25
List Price: $899,900
Location, Tax & Legal
Unit #: APT P3
City: KEY LARGO
Mile Marker: 99
Marathon Neighborhood: N/A
Side: Ocean
Alternate Key #: 8629923
Parcel #: 00090493003900
Zoning: RH - Residential High
Deed Restrictions: No
Legal: Unit 3 Bldg P Townhouses Of Kawama A Condominium Or871-1272 Or1140-704 Or1366-1879/80 Or1366-1891 Or1567-1794 Or1850-415
Taxes: 4620.73
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 1500
Street Name: Ocean Bay
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Kawama (100.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 0
Lot Size: X
Lot SqFt: 1766
Unit/Complex: Complex
Pool: Yes
Acres: 0
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 3
Style: Condo
Year Built: 1983
Living Apx SqFt: 1066
Total Bedrooms: 2
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Remodeled Kawama townhome w/ 3 night rentals allowed. Gated community on the ocean side mile marker 99. The community offers full resort amenities such as a salt-water swimming lagoon, two heated pools, tennis and pickleball courts, kids playground, tiki hut with outdoor kitchen and bbq areas and tropical walking path beside the lagoon. There is also a full marina in the community with boat ramp and boat/trailer parking. The house itself has porcelain tile throughout, quartz counters in kitchen and bath, A legally enclosed first floor with central AC added. The floorplan is wonderful offering a full bath on each of the three floors. This is one of the only communities legally allowed to offer 3 night minimum rentals. The unit has rental license exemption from the County which is transferrable. The unit has strong rental history, seller is willing to disclose to buyer.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1425
Assoc/Mnt Fee Per: Monthly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Exterminating: 1
Security: 1
Dockage
Boat Ramp: 1
Other Dockage: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets w/Restrictions: 70lbs
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Salt Ponds: 1
Waterview
Salt Ponds: 1
Floor
Tile: 1
Neighborhood Feature
Beach: 1
Community Boat Ramp: 1
Community Pool: 1
Fire Hydrant: 1
Tennis Courts: 1
Interior Features
Quartz Countertops: 1
Window Treatments: 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: No
Townhouse: 1
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Open Parking: 1
Security
Manned Gate: 1
Patrolled Area: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Conventional: 1
Utilities
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Screened Patio: 1
Exterior Features
Chickee Hut: 1
Outdoor Kitchen: 1
Shed: 1
Storage: 1
Tennis Court(s): 1
Pool Info
In Ground: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security
Tax Exemptions: Homestead
Waterfront: Salt Ponds
Waterview: Salt Ponds
Dockage: Boat Ramp; Other Dockage
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Open Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Quartz Countertops; Window Treatments
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Chickee Hut; Outdoor Kitchen; Shed; Storage; Tennis Court(s)
Pool Info: In Ground
Construction: CBS
Floor: Tile
Roof: Metal Roof
Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Fire Hydrant; Tennis Courts
Security: Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Conventional

Listing Office: JC Realty Group, Inc.

Last Updated: September - 25 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.