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1500 Ocean Bay Drive , E5

Key Largo, FL 33037
  • $849,900
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 619402
New On Site 5 Days Ago
UPDATED: 112 min ago
$849,900
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 766
    SQFT
  • $1,110
    $/SQFT
Type:
Condo
Built:
1975
County:

School Ratings & Info

Description

KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days. CURRENTLY GENERATING RENTAL INCOME of $100,000 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters. Spacious Living Room - Dinning Room with excellent Water Vistas of the Saltwater Lagoon. Walk on out to the Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area. Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet. There is also a Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guest. Community Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting. The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama, Paradise Awaits!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/174932273
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1500 Ocean Bay Drive , E5 Key Largo, FL 33037

  • Price: $849,900
  • Status: Active
  • On Site: 5 Days
  • Updated: 112 min ago
  • MLS #: 619402
2
Beds
2
Baths
0
½ Baths
N/A
Acres
766
SQFT
$1,110
$/SQFT
1975
Built
Neighborhood:
Kawama Yacht Club (100.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days. CURRENTLY GENERATING RENTAL INCOME of $100,000 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters. Spacious Living Room - Dinning Room with excellent Water Vistas of the Saltwater Lagoon. Walk on out to the Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area. Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet. There is also a Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guest. Community Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting. The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama, Paradise Awaits!
Exterior Features

Architectural Style Townhouse Attached Garage YN No Construction Materials CBSConcrete Dockage Boat RampOther Dockage Exterior Features [] Parking Features OpenStorage Patio And Porch Features Open Porch/Balcony Pool Features In Ground Pool Heated Yes Pool Private YN Yes Roof Metal Roof Vehicle Storage Open ParkingGuest ParkingTrailer Storage View [] Waterview Salt Ponds Window Features [] Windows Doors Single Hung WindowsSliding Glass Doors

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileLaminate Furnished Furnished Heating Central Heating YN True Interior Drapes/Blinds InclSmoke AlarmsStorage Interior Features Storage Laundry Features Laundry Room Levels [] Rooms Total 0 Specialty Rooms Laundry Room

Property Features

Above Flood Unknown Association Fee 850 Association Fee Frequency Monthly Association Fee Includes Cable TVExterminatingBldg Exterior MntBuilding InsuranceCommon Area MntSecurity Association YN Yes Association1st Right Of Refusal No Building Features [] Community Features Community DockageCommunity Boat RampManager on PremisesBeach Control Depth 4 Deed Restricts Yes Electric [] Flood Zone AE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size Less Than 1/4 Acre Listing Terms CashConventional Marathon Nbhd N/A Mile Marker 100 Min Rental Days 1 New Construction YN No Other Equipment [] Other Structures [] Pets Allowed Yes Property Condition Updated/Remodeled Property Sub Type Condominium Public Sewer Hookup Yes Rental Allowed Yes Security Features Electric GateManned GatePatrolled Area Special Licenses [] Tax Annual Amount 5224.93 Tax Legal Description UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG E OR686-815 OR777-526 OR811-46 OR1184-392 OR1220-218 OR1451 Tax Year 2025 Title Title Ins - Buyer Utilities Cable Available Utilities Info FKAAMunicipal SewerBuyer to VerifyCable Available Water Source [] Waterfrnt Yes Waterfront OceanfrontSalt Ponds Waterfront Features [] Waterfront YN Yes Zoning MF - Multi-Family Attached

Listing courtesy of Dan Cloud of Water Vista Realty, Inc.: 305-396-7844.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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