1500 Ocean Bay Dr #J7, Key Largo, FL 33037
Local realty services provided by:First Service Realty ERA Powered
Listed by: taylor engel
Office: coldwell banker schmitt r.e.
MLS#:A11874803
Source:SEFMLS
Price summary
- Price:$890,000
- Price per sq. ft.:$956.99
- Monthly HOA dues:$1,071
About this home
Turnkey Key Largo investment property meets modern island living at Unit J7 in Kawama Yacht Club, one of the Florida Keys' most desirable gated, oceanfront communities. This beautifully updated 3-bedroom, 3-bathroom townhouse offers strong vacation rental income potential, weekly rental flexibility, and a true resort-style lifestyle. Spanning three levels, this light-filled residence features a smart, private layout with bedrooms on separate floorsideal for owners and guests alike. Enjoy peaceful lagoon and pool views from your back patio, just steps from the pool and amenities. The home is sold fully furnished and turnkey, making it perfect for investors, second-home buyers, or full-time residents. Rental history is available upon request, providing valuable insight for buyers seeking an income-producing property in Key Largo. Inside, you'll find stylish upgrades, a modern coastal feel, and a layout designed for easy Keys livingsimply unpack and enjoy, or start renting right away. Located in Kawama Yacht Club, residents and guests enjoy resort-style amenities including 24/7 manned gated security, multiple swimming pools, a saltwater lagoon with beach access, tennis courts, marina access nearby, lush tropical landscaping, and peaceful walking paths. Weekly rentals are allowed, a rare and valuable feature in the Keys. HOA fees provide low-maintenance ownership and include exterior maintenance, building insurance, common area upkeep, pest control, and security. Just minutes from world-class fishing, diving, snorkeling, boating, dining, and John Pennekamp Coral Reef State Park, this property delivers the best of the Key Largo lifestyle with built-in investment appeal. Opportunities like this don't last long in Kawama Yacht Club. Whether you're looking for passive income or your own slice of paradise, Unit J7 checks every box. Schedule your private showing today.
Contact an agent
Home facts
- Year built:1983
- Listing ID #:A11874803
- Updated:February 10, 2026 at 10:56 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:930 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1983
- Building area:930 sq. ft.
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$956.99
- Tax amount:$3,568 (2024)
New listings near 1500 Ocean Bay Dr #J7
- New
$4,999,000Active4 beds 6 baths4,251 sq. ft.16 Bass Ave, Key Largo, FL 33037
MLS# A11964749Listed by: COMPASS FLORIDA, LLC
$2,150,000Active3 beds 2 baths2,127 sq. ft.1501 Ocean Bay Dr #A1, Key Largo, FL 33037
MLS# A11957355Listed by: AMERICAN CARIBBEAN REAL ESTATE- New
$1,099,000Active3 beds 2 baths1,872 sq. ft.16 Fishermans Trl, Key Largo, FL 33037
MLS# A11960350Listed by: FLORIDA REALTY OF MIAMI CORP - New
$829,999Active3 beds 2 baths1,390 sq. ft.29 Bass Ave, Key Largo, FL 33037
MLS# A11962177Listed by: UNITED REALTY GROUP INC - New
$1,800,000Active3 beds 2 baths1,250 sq. ft.410 Bowie Ln, Key Largo, FL 33037
MLS# A11960871Listed by: CAPOTE GLOBAL REALTY LLC - New
$335,000Active2 beds 2 baths325 Calusa St 466, Key Largo, FL 33037
MLS# A11959918Listed by: LIFESTYLE INTERNATIONAL REALTY - New
$1,200,000Active3 beds 3 baths1,716 sq. ft.94825 Overseas Highway, Key Largo, FL 33037
MLS# A11959618Listed by: DECONOVA INTERNATIONAL GROUP - New
$745,000Active2 beds 2 baths648 sq. ft.209 Buttonwood Ave, Key Largo, FL 33037
MLS# A11959790Listed by: RE/MAX ALL KEYS REAL ESTATE - New
$584,000Active2 beds 1 baths864 sq. ft.218 Lignumvitae Drive, KEY LARGO, FL 33037
MLS# O6379935Listed by: BEYCOME OF FLORIDA LLC
$4,999,999Active3 beds 3 baths2,484 sq. ft.90 N Bounty Ln, Key Largo, FL 33037
MLS# A11957369Listed by: KELLER WILLIAMS REALTY PREMIER PROPERTIES