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1500 Ocean Bay Drive UNIT B3
Key Largo FL 33037 US

$819,900

Active Listing ID 617764
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2 bed
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2.00 Bath (2 Full)
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Other

$819,900

Active Listing ID 617764
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1500 Ocean Bay Drive UNIT 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: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Built-in Grill, Tennis Court(s), Sandy Beach, Outdoor Kitchen, Lighting, Rain Gutters, Gazebo, Chickee Hut
  • Floor Covering: Tile
  • Roof Type: Metal
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 819900
  • unparsedaddress: 1500 Ocean Bay Drive
  • unitnumber: UNIT 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: 20141215172459890423000000
  • listagentpreferredphone: 3057215775
  • listagentofficephone: 3052001125
  • listofficekey: 3yd-FLKEYSMLSFL-20141211142103098076000000
  • listagentstatelicense: 3311963
  • listofficemlsid: 20141211142103098076000000
  • 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
  • countyorparish: Monroe
  • parcelnumber: 00090491-000203
  • appliances: Dishwasher, Dryer, Microwave, Range, Trash Compactor, Washer
  • cooling: Ceiling Fan(s)
  • flooring: Tile
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Open
  • roof: Metal
  • view: Lake
  • waterfrontyn: True
  • interiorfeatures: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Smoke Alarms
  • exteriorfeatures: Built-in Grill, Tennis Court(s), Sandy Beach, Outdoor Kitchen, Lighting, Rain Gutters, Gazebo, Chickee Hut
  • waterfrontfeatures: Lake Front, Waterfront
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
  • otherstructures: Gazebo, Outdoor Kitchen, Tennis Court(s)
  • dock: False
  • poolprivateyn: False
  • 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, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":850}], "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":"20141211142550539026000000", "ListOfficeCity":"Miami Lakes", "ListOfficeCountry":"US", "ListOfficeEmail":"valbuenapartners@gmail.com", "ListOfficePostalCode":"33018", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential - Condo/Townhouse - 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":"2026-03-31T14:57:22Z", "Neighborhoods":[{"Description":null, "Name":"27 - Key Largo MM 97-107"}], "PostalCode":null, "RawPropertySubType":"Residential - Condo/Townhouse", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5701.85, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/31/2026 9:30:45 PM GMT
Source Updated Date: 4/1/2026 6:59:59 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.