Ad #7821350
MLS #620527
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full
1500 Ocean Bay Dr Apt E5, Key Largo, FL 33037
$795,000
2Beds
2Baths
766Sqft
--Acres
About this property
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days. CURRENTLY GENERATING RENTAL INCOME of $98,980 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters. Newer Daikin AC unit with an 8 year warranty. Spacious Living-Dinning aera, beautiful Water Vistas of the Saltwater Lagoon. Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area. Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet. Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guestmunity Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting. The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama Keys Paradise Awaits!
Property Features
2 Beds
2 Baths
766 Sqft
Built in 1975
0.000 Acres
On Beachfront
Open
Siding: CBS, Concrete
Metal Roof
Has Swimming Pool
Has Pond
Central
$5,224 / yr property tax
Monroe County
Kawama Yacht Club (1) Community
Additional Photos
Contact Information
Dan Cloud
Water Vista Realty LLC
305-396-7844
Location
Listing Agent: Dan Cloud (License #: 3144777) 305-396-7844
Broker: Water Vista Realty LLC 561-427-4941 Listing Site
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.
Broker: Water Vista Realty LLC 561-427-4941 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$795,000
2
Beds
2
Baths
766
Sqft
1500 Ocean Bay Dr Apt E5, Key Largo, FL 33037
By contacting this agent you agree to these Terms and Conditions.
MLS# 620527
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full
$795,000
1500 Ocean Bay Dr Apt E5, Key Largo, FL 33037
2
Beds
2
Baths
766
Sqft
--
Acres
$795,000
1500 Ocean Bay Dr Apt E5, Key Largo, FL 33037
2 Beds
2 Baths
766 Sqft
-- Acres
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days. CURRENTLY GENERATING RENTAL INCOME of $98,980 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters. Newer Daikin AC unit with an 8 year warranty. Spacious Living-Dinning aera, beautiful Water Vistas of the Saltwater Lagoon. Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area. Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet. Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guestmunity Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting. The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama Keys Paradise Awaits!
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Property Details
HOME DETAILS
2 Beds
2 Baths
766 Sqft
Built in 1975
0.000 Acres
BEACH & VIEW
On Beachfront
EXTERIOR
Open
Siding: CBS, Concrete
Metal Roof
Has Swimming Pool
Has Pond
INTERIOR
Central
FINANCIAL & COMMUNITY
$5,224 / yr property tax
Monroe County
Kawama Yacht Club (1) Community
See More Details
Location
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Ad Statistics
Ad Number
7821350
Viewed
51 times
Listing Status
Active
Added
Jul 04, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Florida Keys Board of REALTORS®
Source Property ID
620527
Listing Agent: Dan Cloud (License #: 3144777) 305-396-7844
Broker: Water Vista Realty LLC 561-427-4941 Listing Site
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.
Broker: Water Vista Realty LLC 561-427-4941 Listing Site
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.
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