1500 Ocean Bay Drive M6, Key Largo, FL 33037 (MLS# 615177)

1500 Ocean Bay Drive M6, Key Largo, FL 33037

$845,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 920 Status: Closed

Current Price: $845,000 List Date: 5/27/2025 Last Modified: 9/30/2025

Description

Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater lagoon for swimming and kayaking, marina, boat ramp, tennis/pickleball courts, playground for children, beach area with firepits great for family gatherings and a jetty perfect for watching sunrises and sunsets. Short term rentals are permitted and this unit has a profitable history of rentals. Great place for full time living, as a vacation home or short term rental income opportunity

More Information MLS# 615177

Contract Information

Listing Board: Florida Keys Current Price: $845,000 Listing Date: 2025-05-24 Sold Price: $845,000

Location, Tax & Legal

Unit #: M6 City: KEY LARGO Mile Marker: 100 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE Alternate Key #: 8629842 Parcel #: 00090493-003100 Zoning: SR - Sub Urban Residential District Deed Restrictions: Unknown Legal: UNIT 6 TOWNHOUSES OF KAWAMA A CONDOMINIUM BLDG M OR858-2069 OR3197-2221 Taxes: 3912.72 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: Yes Control Depth: 6 Lot SqFt: 0 Unit/Complex: Complex Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 SqFt Source: Property Data Card Rentals Allowed: Yes Style: Townhouse Year Built: 1983 Living Apx SqFt: 920 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Townhouse with great lagoon view situated in the popular Kawama community. Located just a short distance from Miami, near shopping, great restaurants, local attractions and activities. This three story, three bedroom, three bath townhouse is located in a quiet, central area of the complex. The gated community with 24hr security offers excellent amenities including two heated pools, saltwater lagoon for swimming and kayaking, marina, boat ramp, tennis/pickleball courts, playground for children, beach area with firepits great for family gatherings and a jetty perfect for watching sunrises and sunsets. Short term rentals are permitted and this unit has a profitable history of rentals. Great place for full time living, as a vacation home or short term rental income opportunity

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Association Fee $: 340 Maintenance Fee $: 925 Assoc/Mnt Fee Per: Monthly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Security: 1 Sewer: 1 Water: 1

Dockage

Boat Ramp: 1

Tax Exemptions

None: 1

Appliances

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

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Lake View: 1 Salt Ponds: 1

Floor

Concrete: 1 Tile: 1

Neighborhood Feature

Beach: 1 Community Boat Ramp: 1 Community Pool: 1 Manager on Premises: 1 Tennis Courts: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown Townhouse: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Car(s): 2 Guest Parking: 1 Assigned Parking: 1

Security

Electric Gate: 1 Manned Gate: 1 Patrolled Area: 1

Construction

CBS: 1

Land Size

1 Less Than 2 Acres: 1

Furnished

Furnished: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1 Screened Patio: 1

Title

Title Ins - Buyer: 1

Pool Info

In Ground: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Status Change Info

Sold Date: 2025-08-04 Sold Price: $845,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Lake View; Salt Ponds Dockage: Boat Ramp Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Assigned Parking; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Pool Info: In Ground Construction: CBS Floor: Concrete; Tile Roof: Metal Roof Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer

Listing Office: Century 21 Circle- Islamorada

Last Updated: September - 30 - 2025

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