Residential

1500 Ocean Bay Drive, Key Largo

$819,900.00

Bedroom 2 bedrooms
Bathroom 2 baths

  • MLS #: 619505
  • Address: 1500 Ocean Bay Drive, Key Largo, FL 33037
  • Date Listed: 4/15/2026
  • Days on Market: 56
  • SQFT: 772
  • Acres: 0.02
  • Restrictions: No
  • Subdivision: Kawama Yacht Club (100.0)

Agent Comments Agent Comments
One of the very few properties in Key Largo that allows daily rentals, making it a highly desirable business opportunity for passive income. The property has the ability to generate over $100,000 annually. Ideally located directly in front of the pool, it offers a beautiful view of the saltwater lagoon and resort-style pool, enhancing both guest appeal and rental demand. A

Amenities Amenities
  • Stainless Steel Appliance(s)
  • Dishwasher
  • Dryer
  • Ice Machine
  • Microwave
  • Oven
  • Range
  • Washer

Interior Features Interior Features
  • Cool System: Central Air, Ceiling Fans(s)
  • Floors: Tile
  • Interior: Built-in Cabinets, Drapes/Blinds Incl, Quartz Countertops, Window Treatments, Smart Thermostat

Exterior Features Exterior Features
  • Parking: Open, Off Street
  • Roof: Metal
  • Pool: Yes
  • Exterior: Tennis Court(s), Rain Gutters, Lighting, Built-in Grill, Chickee Hut, Outdoor Kitchen, Sandy Beach

Additional Features Additional Features
  • County: Monroe
  • Property Type: Townhouse
  • Tax Number: 00090491-000306
  • Waterfront Features: Lake Front
  • Water/Sewer: Cable Available, Municipal Sewer
  • Year Built: 1975