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1500 Ocean Bay Drive B3
Key Largo FL 33037 US

$819,900

Active Listing ID 617764
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2 bed
bath icon
2.00 Bath (2 Full)
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Townhouse

$819,900

Active Listing ID 617764
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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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Townhouse
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Built-in Grill, Chickee Hut, Gazebo, Rain Gutters, Lighting, Outdoor Kitchen, Sandy Beach, Tennis Court(s)
  • Floor Covering: Tile
  • Roof Type: Metal
  • Additional Features
  • Patio
  • Pool
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Townhouse
  • listprice: 819900
  • unparsedaddress: 1500 Ocean Bay Drive
  • unitnumber: B3
  • postalcity: Key Largo
  • stateorprovince: FL
  • country: US
  • postalcode: 33037
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 748
  • livingareaunits: Square Feet
  • latitude: 25.080032
  • longitude: -80.443084
  • listagentfullname: Diana Valbuena
  • listagentemail: valbuenapartners@gmail.com
  • listagentkey: 3yd-FLKEYSMLSFL-20141215172459890423000000
  • listagentmlsid: 3311963
  • listagentpreferredphone: 3057215775
  • listagentofficephone: 3057215775
  • listofficekey: 3yd-FLKEYSMLSFL-20141211142103098076000000
  • listagentstatelicense: 3311963
  • listofficemlsid: 1012567
  • disclaimer: Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FLKEYSMLSFL
  • yearbuilt: 1975
  • listingcontractdate: 2025-12-19
  • listagentfax: 3058888902
  • countyorparish: Monroe
  • parcelnumber: 00090491-000203
  • appliances: Washer, Dryer, Dishwasher, Range, Oven, Microwave, Trash Compactor, Ice Machine, Stainless Steel Appliance(s)
  • cooling: Central Air
  • constructionmaterials: CBS
  • flooring: Tile
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Open
  • roof: Metal
  • view: Lake
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: Smart Thermostat, Built-in Cabinets, Quartz Countertops
  • exteriorfeatures: Built-in Grill, Chickee Hut, Gazebo, Rain Gutters, Lighting, Outdoor Kitchen, Sandy Beach, Tennis Court(s)
  • waterfrontfeatures: Lake Front
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
  • otherstructures: Outdoor Kitchen, Gazebo
  • utilities: Cable Available
  • patioandporchfeatures: Patio, Porch
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.443085, 25.080032
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Pedrin of Miami Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"valbuenapartners@gmail.com", "ListBrokerageCity":"Miami Lakes", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Pedrin of Miami Realty, Inc.", "ListBrokeragePhone":"(305) 200-1125", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2450 W 84 St. Ste. 103", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2450 W 84 St. Ste. 103 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20141211142103098076000000", "ListOfficeCity":"Miami Lakes", "ListOfficeCountry":"US", "ListOfficeEmail":"valbuenapartners@gmail.com", "ListOfficePostalCode":"33018", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"TOWNHOME - Other - Key Largo, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1500-Ocean-Bay-Dr-Apt-B3_Key-Largo_FL_33037_M58601-03890?f=listhub&s=FLKEYSMLSFL&m=617764&c=rexren", "MLSModificationTimestamp":"2026-03-31 19:58:04", "Neighborhoods":[{"Description":null, "Name":"Kawama Yacht Club (100.0)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5702, "TaxDescription":"UNIT 3 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG B OR686-798 OR1984-1033 OR2558-1019 OR2940-0643 OR3288-1338", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/23/2026 10:30:39 AM GMT
Source Updated Date: 5/26/2026 6:40:34 PM GMT

Courtesy of: Diana Valbuena, Pedrin of Miami Realty, Inc., valbuenapartners@gmail.com

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.