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Active - Townhouse for sale

1500 Ocean Bay Dr # A1, Key Largo FL 33037

2 bds|2 bth + 1 half|990 sqft

Facts & features

Townhouse Property type
106 days on Beycome
1975 Year built
$737 Price/Sqft.
$427/mo HOA

Why you’ll love it

  • Community pool
  • Community marina
  • Screened patios
  • Gated community
  • Tile floors

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!

Translating description...

Listings courtesy of Keller Williams Capital Realty.

Listed by: Alberto Martinez • 305-766-6679 • Keller Williams Capital Realty

Co-listed by: Cesar Villarreal • 305-766-6679 • Keller Williams Capital Realty

Source: Miami MLS, MLS#: A12063168 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$475,000$985,000
1%20%
0%90%
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Estimated monthly payment

$4,432/mo

  • Mortgage$3,691
  • Property tax$314
  • HOA fee
  • Homeowners insurance
Due at closing$580,350
Down payment held in escrow$146,000
Closing costs$10,950
beycome credit Est.$14,600

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Kawama Yacht Club

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$730,000 Listed price

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$14,600 Credit back

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