1500 Ocean Bay Dr #S3, Key Largo, FL 33037
1500 Ocean Bay Dr #S3, Key Largo, FL 33037
1500 Ocean Bay Dr #S3, Key Largo, FL 33037

1500 Ocean Bay Dr #S3
Key Largo, FL 33037

Local Information

  • Map View
    Explore the area around 1500 Ocean Bay Dr #S3.
  • Schools
    1 Elementary School
    1 Middle School
    1 High School
  • Crime
    Lowest crime relative to the rest of the area.
  • Commute
    95% of residents commute by car.
  • Shop & Eat
    28 Restaurants
    3 Groceries
    9 Nightlife


Are you ready to enjoy some relaxation & fun in the beautiful Keys? This home has a fabulous vacation rental history (Jan 1, 2021 thru future rentals as of 7/23/21=$88,442!!) & is a real cash flow machine or just make it your home! Or both, enjoy it yourselves & rental income when you are not using it. Being offered fully furnished, turn-key, & with many future vacation rental reservations with deposits in place! This island home is located in the heart of Key Largo, backing up to John Pennekamp Coral Reef State Park & Molasses Reef. This is a spacious & well laid out 3-story townhouse in the beautiful private gated resort like community of Kawama, located on the ocean side of the island about mile marker 100. Once you are on the property, experience a beautiful saltwater swimming lagoon with beach, 2 beautiful swimming pools, tennis courts, and a long jetty right into the ocean. This townhouse is very tastefully decorated in a coastal style with comfortable furniture and coastal colors.3 Floors of family living. Hurricane Impact windows & doors. Great entry and family hangout also beautifully decorated. There is a Bedroom on the lower level and a full bath. Main living area has lovely kitchen with Corian counter tops, a full bathroom, with open dining and living area looking onto a porch, which has shaded area from the outside trees and give a picturesque view of the entire area. There's 2 more roomy bedrooms on the top floor, with a full bath. This is truly a home for the whole family and friends. A weekend place or a spot to call home fulltime. The complex features 2 pools, tennis courts, guarded gate, an attached marina and lots of activities to keep you busy. The downstairs recreation room is designed for kids (and also kids at heart), with an arcade game and Wii for the family to enjoy! The arcade game has 1600+ games including Atari, Sega and Nintendo games.

Home Details for 1500 Ocean Bay Dr #S3

Year Built
Open Parking
Washer, Dryer
Interior Features
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 925 Square Feet
Appliances & Utilities
Utilities: Cable Available, Cable ConnectedAppliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, WasherDishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: HeatHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,Combination A/C,DuctlessHas Heating
Gas & Electric
Electric: Elect Separate Meter
Windows, Doors, Floors & Walls
Window: Drapes/Blinds Incl, Window Treatments, Impact Rstnce WindowDoor: Impact Rstnce DoorsFlooring: Tile
Levels, Entrance, & Accessibility
Floors: Tile
Has a ViewView: Lake, Ocean
Security: Smoke Detector(s), Gated with Guard
Exterior Features
Exterior Home Features
Roof: MetalPatio / Porch: Screened P/B, Windowed P/BExterior: Tennis Court(s)
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Guest,Open
Pool: Decked, In GroundPool
Waterfront: None, Oceanfront, Dockage: Other DockageNot on Waterfront
Water & Sewer
Sewer: Municipal Sewer, Public Sewer
Days on Market
Days on Market: 52
Property Information
Year Built
Year Built: 1983
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse, Residential - Condo/TownhouseArchitecture: Townhouse
Construction Materials: CBSNot a New Construction
Property Information
Condition: Updated/RemodeledParcel Number: 00090493005500
Price & Status
Price Per Sqft: $616
Active Status
MLS Status: Contingent/Show
Direction & Address
Community: Kawama (100.0)
Agent Information
Listing Agent
MLS/Source ID: 597043
Community Features: Community Boat Ramp, Community Dockage, Pool, Tennis Court(s)
HOA Fee Includes: Maintenance Structure, Building Insurance, Cable TV, Maintenance Grounds, Security, SewerHOA Fee (second): 280HOA Fee Frequency (second): MonthlyAssociation for this Listing: Marathon/Lower KeysHas an HOAHOA Fee: $625/Monthly
Lot Information
Lot Size: 0 sqft
Listing Info
Special Conditions: Standard
Listing Terms: Cash, Conventional, FHA, No Seller Finance, VA Loan
Tax Information
Annual Tax Amount: $1,196Tax Legal Description: TOWNHOUSES OF KAWAMA A CONDOMINIUM BLDG S UNIT 3 OR878-1206 OR930-1937 OR962-2184 OR991-1887C OR1010-985 OR1015-367 OR10
Zillow Contingency Status: Under ContractWater ViewWater View: Lake, Ocean
Last check for updates: about 4 hours ago
Listing courtesy of Howard Leitner
Robert Slack LLC
Lily Leitner
Robert Slack LLC
Originating MLS: Marathon/Lower Keys
Source: FLKMLS, MLS#597043
Also Listed on MLKAR.

Price History for 1500 Ocean Bay Dr #S3

Event DetailsPrice
FLKMLS #597043

Listed For Sale

FLKMLS #589503

Listed For Sale
Agent Provided

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Price Trends

For homes in 33037
Typical home value
This home: $570,000 42% below
Typical Home Value by sqft
This home: $616 1% above
Price trends provided by third party data sources.

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.
1500 Ocean Bay Dr #S3, Key Largo, FL 33037 is a 3 bedroom, 3 bathroom, 925 sqft townhouse built in 1983. This property is currently available for sale and was listed by FLKMLS on Jul 26, 2021. The MLS # for this home is MLS# 597043.