1500 Ocean Bay Drive J7, Key Largo, FL 33037 (MLS# 616230)

1500 Ocean Bay Drive J7, Key Largo, FL 33037

$890,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 930 Status: Active

Current Price: $890,000 List Date: 8/22/2025 Last Modified: 9/08/2025

Description

Great Investment income and Modern Island Living in Key Largo! Welcome to Unit J7 at Kawama Yacht Club — a beautifully updated 3-bedroom, 3-bathroom townhouse offering a sleek, modern vibe across three spacious levels and 930 sq ft of turnkey living space. Whether you're looking for a peaceful tropical escape or a high-performing investment property, this unit checks all the boxes. Enjoy serene lagoon and pool views right from your back patio — just steps away from both! Sold fully furnished and vacation rental friendly, this home has rental history available upon request, making it an ideal choice for savvy investors or weekend warriors looking for extra income. Inside, the unit shines with stylish upgrades, a smart layout that offers privacy on each level, and a fresh, inviting feel. Just unpack and unwind — everything is already done for you. Located in the gated, oceanfront community of Kawama Yacht Club, residents and guests enjoy resort-style amenities including: 24/7 gated security Tennis courts Multiple swimming pools Saltwater lagoon with beach access Marina access nearby Lush, tropical landscaping and peaceful walking paths And Weekly Rentals Are Allowed HOA fees cover exterior maintenance, building insurance, common area upkeep, pest control, and security — giving you peace of mind and low-maintenance ownership. Just minutes from world-class fishing, diving, dining, and all the best of Key Largo. Opportunities like this don't last long — especially in one of the Top 100 Communities in the Florida Keys! Ready to live the Key Largo lifestyle or earn passive income in paradise? Call today to schedule your private tour of Unit J7!

More Information MLS# 616230

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $890,000 Listing Date: 2025-08-22 List Price: $890,000

Location, Tax & Legal

Unit #: J7 City: KEY LARGO Mile Marker: 100 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE Alternate Key #: 8629648 Handicap Access: No Parcel #: 00090493-001100 Zoning: SR - Sub Urban Residential District Deed Restrictions: Unknown Legal: UNIT 7 TOWNHOUSES OF KAWAMA A CONDOMINIUM BLDG J OR863-2351 OR873-1771 OR874-610 OR1095-1682/84 OR1103-1951 OR1106-850 Taxes: 3567.7 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 1500 Street Name: Ocean Bay Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Kawama (100.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: No Control Depth: 0 Lot SqFt: 0 Pool: Yes Total Units: 104 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Townhouse Year Built: 1983 Living Apx SqFt: 930 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Great Investment income and Modern Island Living in Key Largo! Welcome to Unit J7 at Kawama Yacht Club — a beautifully updated 3-bedroom, 3-bathroom townhouse offering a sleek, modern vibe across three spacious levels and 930 sq ft of turnkey living space. Whether you're looking for a peaceful tropical escape or a high-performing investment property, this unit checks all the boxes. Enjoy serene lagoon and pool views right from your back patio — just steps away from both! Sold fully furnished and vacation rental friendly, this home has rental history available upon request, making it an ideal choice for savvy investors or weekend warriors looking for extra income. Inside, the unit shines with stylish upgrades, a smart layout that offers privacy on each level, and a fresh, inviting feel. Just unpack and unwind — everything is already done for you. Located in the gated, oceanfront community of Kawama Yacht Club, residents and guests enjoy resort-style amenities including: 24/7 gated security Tennis courts Multiple swimming pools Saltwater lagoon with beach access Marina access nearby Lush, tropical landscaping and peaceful walking paths And Weekly Rentals Are Allowed HOA fees cover exterior maintenance, building insurance, common area upkeep, pest control, and security — giving you peace of mind and low-maintenance ownership. Just minutes from world-class fishing, diving, dining, and all the best of Key Largo. Opportunities like this don't last long — especially in one of the Top 100 Communities in the Florida Keys! Ready to live the Key Largo lifestyle or earn passive income in paradise? Call today to schedule your private tour of Unit J7! Directions: Overseas Hwy to Grouper Trail MM99 - Turn Oceanside - go to Ocean Bay Drive - turn right - go to end of road (past the Key Largo Fisheries) - Complex on right - turn left at gate - Bldg J on right

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 900 Maintenance Fee $: 340 Assoc/Mnt Fee Per: Monthly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1

Dockage

Boat Ramp: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Lake Front: 1

Waterview

Lake View: 1

Floor

Tile: 1

Building Style

Above Flood: Unknown Townhouse: 1

Vehicle Storage

Car(s): 2 Guest Parking: 1 Trailer Storage: 1

Security

Manned Gate: 1

Construction

CBS: 1

Land Size

10 or more Acres: 1

Furnished

Negotiable: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Exterior Features

Sandy Beach: 1 Tennis Court(s): 1

Pool Info

In Ground: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: Lake Front Waterview: Lake View Dockage: Boat Ramp Building Style: Townhouse Vehicle Storage: Guest Parking; Trailer Storage Furnished: Negotiable Cooling: Central Air Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Sandy Beach; Tennis Court(s) Pool Info: In Ground Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Security: Manned Gate Land Size: 10 or more Acres

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: September - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.