1500 Ocean Bay Drive J7, KEY LARGO, FL

$890,000

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3

Beds

3

Baths

930

Square feet

About 1500 Ocean Bay Drive J7

Turnkey Key Largo investment property meets modern island living at Unit J7 in Kawama Yacht Club, one of the Florida Keys' most desirable gated, oceanfront communities. This beautifully updated 3-bedroom, 3-bathroom townhouse offers strong vacation rental income potential, weekly rental flexibility, and a true resort-style lifestyle.Spanning three levels, this light-filled residence features a smart, private layout with bedrooms on separate floors--ideal for owners and guests alike. Enjoy peaceful lagoon and pool views from your back patio, just steps from the pool and amenities. The home is sold fully furnished and turnkey, making it perfect for investors, second-home buyers, or full-time residents. Rental history is available upon request, providing valuable insight for buyers seeking an income-producing property in Key Largo.Inside, you'll find stylish upgrades, a modern coastal feel, and a layout designed for easy Keys living--simply unpack and enjoy, or start renting right away.Located in Kawama Yacht Club, residents and guests enjoy resort-style amenities including 24/7 manned gated security, multiple swimming pools, a saltwater lagoon with beach access, tennis courts, marina access nearby, lush tropical landscaping, and peaceful walking paths. Weekly rentals are allowed, a rare and valuable feature in the Keys.HOA fees provide low-maintenance ownership and include exterior maintenance, building insurance, common area upkeep, pest control, and security.Just minutes from world-class fishing, diving, snorkeling, boating, dining, and John Pennekamp Coral Reef State Park, this property delivers the best of the Key Largo lifestyle with built-in investment appeal.Opportunities like this don't last long in Kawama Yacht Club. Whether you're looking for passive income or your own slice of paradise, Unit J7 checks every box. Schedule your private showing today.

Features of 1500 Ocean Bay Drive J7

MLS® # 616230
Price $890,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 930
Year Built 1983
Type Residential
Sub-Type Townhouse
Style Townhouse
Status Active

Community Information

Address 1500 Ocean Bay Drive J7
Area 27 - Key Largo MM 97-107
Subdivision Kawama (100.0)
City KEY LARGO
County Monroe
State FL
Zip Code 33037

Amenities

Utilities FKAA, Municipal Sewer
Parking Spaces 2
Parking Guest Parking, Trailer Storage
View Lake View
Is Waterfront No
Waterfront Lake Front
Has Pool Yes
Pool In Ground

Interior

Appliances Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
Cooling Central Air
Fireplace No

Exterior

Exterior Features Sandy Beach, Tennis Court(s)
Lot Description 10 or more Acres
Roof Metal Roof
Construction CBS

Additional Information

Date Listed August 22nd, 2025
Days on Market 148
Zoning SR - Sub Urban Residential District
Short Sale No
RE / Bank Owned No
HOA Fees 900.00
HOA Fees Freq. Monthly

Listing Details

AgentJamie Engel, Pa
OfficeColdwell Banker Schmitt Islamorada

Listing Map

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