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1500 Ocean Bay Dr, Unit F5, Key Largo, FL 33037

$790,000
  • 1500 Ocean Bay Dr, Unit F5, Key Largo, FL 33037 Main Photo

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Active
BEDS2 BATHS2 full SQUARE FEET918 MLS#A11991691
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONKAWAMA YACHT CLUB

Property Description

Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kids area. This unit has everything you need to use for your own enjoyment and generate an income when you are not using it.

1500 Ocean Bay Dr, Unit F5 | MLS# A11991691

This condo located at 1500 Ocean Bay Dr, Unit F5, Key Largo, FL 33037 is currently listed for sale with an asking price of $790,000. This property was built in 1975 and has 2 bedrooms and 2 full baths with 918 sq. ft. Ocean Bay Dr, Unit F5 is located in the KAWAMA YACHT CLUB subdivision. Search KAWAMA YACHT CLUB real estate on mmandel.realty100.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Stories: 2.0
Taxes: $5,999
Year Built: 1975

Amenities

First Floor Entry
None
Screened Balcony

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Association Amenities: Pool, Tennis Court(s)
Crops Included Y/N: No
Days on Site: 100
Directions: There is a guard gate with 24 hr security. Go through the gate, turn right and follow the buildings around to F5
Exterior: Concrete Block Construction
Flooring: Ceramic Floor, Vinyl
HOA Fee: 850/ Monthly
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Parcel#: 00090491-000605
Parking: Guest, Open, Rv/Boat Parking
Parking Notes: Guest, Open, Rv/Boat Parking
Patio/Porch: Deck, Open Porch, Screened Porch
Pets Allowed: Restrictions Or Possible Restrictions
Property Attached Y/N: Yes
Property Sub-Type: Condominium
Security: Guard At Site
Special View Info: Lagoon
Water Features: Lagoon, Ocean Front

Listed By / Shown By

Listed By

Agency Name: American Caribbean Real Estate
Agency Phone: 305-451-4078

Shown By

Agent Name: Michael Mandel
Agent Phone: Cell: (954) 871-6467
Agency Title: Realty 100

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Estimated Payment

$ 2,488.53 per month $1,758.20 Principal & Interest $499.92 Property Tax $230.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/09/2026. The listing information on this page last changed on 07/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/09/2026 4:54:07 AM EST) or Miami MLS (last updated Thu 07/09/2026 12:29:18 AM EST) or Stellar MLS (last updated Thu 07/09/2026 1:58:53 AM EST) or Beaches MLS (last updated Thu 07/09/2026 2:39:23 AM EST). Real estate listings held by brokerage firms other than Realty 100 may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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