1500 Ocean Bay Drive APT P3, Key Largo, FL 33037

About this home

Remodeled Kawama townhome w/ 3 night rentals allowed. Gated community on the ocean side mile marker 99. The community offers full resort amenities such as a salt-water swimming lagoon, two heated pools, tennis and pickleball courts, kids playground, tiki hut with outdoor kitchen and bbq areas and tropical walking path beside the lagoon. There is also a full marina in the community with boat ramp and boat/trailer parking. The house itself has porcelain tile throughout, quartz counters in kitchen and bath, A legally enclosed first floor with central AC added. The floorplan is wonderful offering a full bath on each of the three floors. This is one of the only communities legally allowed to offer 3 night minimum rentals. The unit has rental license exemption from the County which is transferrable. The unit has strong rental history, seller is willing to disclose to buyer.

Property details

Property Type

Condominium

Year Built

1983

Lot Size

1,766 sq ft

HOA

$1,425/mo

Annual Taxes

$4,621/yr

Subdivision

Kawama (100.0)

Days on Market

4

Listed

September 25, 2026

MLS #

621404

Location