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1500 Ocean Bay Drive F5
Key Largo FL 33037 US

$814,900

Active Listing ID 619210
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2 bed
bath icon
2.00 Bath (2 Full)
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Townhouse

$814,900

Active Listing ID 619210
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1500 Ocean Bay Drive F5 Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid's area. This unit has everything you need, to use for your own enjoyment and generate an income when you are not using it. This unit is managed by a local property manager. Rentals on the books will transfer to new buyer. Built in rental income!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Townhouse
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Floor Covering: Tile
  • Roof Type: Metal
  • Heating Fuels: Central
  • Additional Features
  • Patio
  • Pool
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Townhouse
  • listprice: 814900
  • unparsedaddress: 1500 Ocean Bay Drive
  • unitnumber: F5
  • postalcity: Key Largo
  • stateorprovince: FL
  • country: US
  • postalcode: 33037
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 918
  • livingareaunits: Square Feet
  • latitude: 25.080235
  • longitude: -80.443723
  • listagentfullname: Amy L Bruggeman
  • listagentemail: amy@americancaribbean.com
  • listagentkey: 3yd-FLKEYSMLSFL-20170713181309631680000000
  • listagentmlsid: 3387593
  • listagentpreferredphone: 3056190818
  • listofficekey: 3yd-FLKEYSMLSFL-20060624040344724753000000
  • listagentstatelicense: 3387593
  • listofficemlsid: 3060
  • 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: 2026-03-26
  • listagenturl: http://www.americancaribbean.com/
  • countyorparish: Monroe
  • parcelnumber: 00090491-000605
  • appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
  • cooling: Central Air
  • constructionmaterials: CBS
  • flooring: Tile
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Open
  • roof: Metal
  • view: Ocean
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: Granite Counter Top
  • waterfrontfeatures: Ocean Front
  • architecturalstyle: Other
  • rooms: Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
  • utilities: Cable Available
  • patioandporchfeatures: Deck, Porch, Patio
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.443726, 25.080235
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"American Caribbean Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"amy@americancaribbean.com", "ListBrokerageCity":"Key Largo", "ListBrokerageCountry":"US", "ListBrokerageEmail":"joy@joycmartin.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/FLKEYSMLSFL/daf00f91847511df917b00219b9aa4d8/20150605175404445.png", "ListBrokerageName":"American Caribbean Real Estate", "ListBrokeragePhone":"(305) 451-4078", "ListBrokeragePostalCode":"33037", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"PO Box 600", "ListBrokerageUnparsedAddress":"99900 Overseas Highway", "ListBrokerageWebsiteUrl":"http://www.americancaribbean.com/", "ListOfficeAddress1":"99900 Overseas Hwy ", "ListOfficeAddress2":"PO Box 600", "ListOfficeBrokerMlsId":"20060624040344724753000000", "ListOfficeCity":"Key Largo", "ListOfficeCountry":"US", "ListOfficeEmail":"maggie@maggiegarciare.com", "ListOfficePostalCode":"33037", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"TOWNHOME - Other - Key Largo, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1500-Ocean-Bay-Dr-Apt-F5_Key-Largo_FL_33037_M58731-46970?f=listhub&s=FLKEYSMLSFL&m=619210&c=rexren", "MLSModificationTimestamp":"2026-05-19 13:17:35", "Neighborhoods":[{"Description":null, "Name":"Kawama Yacht Club (100.0)"}], "PostalCode":null, "RoomCount":1, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5999, "TaxDescription":"UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG F OR739-36 OR766-1407 OR781-1444 OR798-2173 OR835-1067 OR87", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/22/2026 12:03:50 AM GMT
Source Updated Date: 5/26/2026 6:40:34 PM GMT

Courtesy of: Amy L Bruggeman, American Caribbean Real Estate, Christie's International Real Estate, amy@americancaribbean.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.