About 1500 Ocean Bay Drive B3
One of the very few properties in Key Largo that allows daily rentals, making it a highly desirable business opportunity for passive income. The property has the ability to generate over $100,000 annually. Ideally located directly in front of the pool, it offers a beautiful view of the saltwater lagoon and resort-style pool, enhancing both guest appeal and rental demand.
Features of 1500 Ocean Bay Drive B3
| MLS® # | 617764 |
|---|---|
| Price | $829,999 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 748 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Townhouse |
| Style | Townhouse, A-Frame |
| Status | Active |
Community Information
| Address | 1500 Ocean Bay Drive B3 |
|---|---|
| Area | 27 - Key Largo MM 97-107 |
| Subdivision | Kawama Yacht Club (100.0) |
| City | KEY LARGO |
| County | Monroe |
| State | FL |
| Zip Code | 33037 |
Amenities
| Amenities | Community Pool, Beach, Manager on Premises, Tennis Courts, Community Boat Ramp, Community Dockage |
|---|---|
| Utilities | Municipal Sewer, Cable Available |
| Parking | Open Parking, Off Street Parking |
| View | Lake View |
| Is Waterfront | No |
| Waterfront | Lake Front |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Interior Features | Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Smoke Alarms |
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Ice Machine, Trash Compactor, Microwave, Oven, Range, Dishwasher, Dryer |
| Cooling | Central Air, Ceiling Fans(s) |
| Fireplace | No |
Exterior
| Exterior Features | Built-in Grill, Tennis Court(s), Sandy Beach, Outdoor Kitchen, Lighting, Rain Gutters, Gazebo, Chickee Hut |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Impact Rstnce Window, Impact Rstnce Doors |
| Roof | Metal Roof |
| Construction | CBS |
Additional Information
| Date Listed | December 19th, 2025 |
|---|---|
| Days on Market | 30 |
| Zoning | UR - Urban Residential Distrit |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 850.00 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Diana Valbuena |
|---|---|
| Office | Pedrin of Miami Realty, Inc. |