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1500 Ocean Bay Drive E5
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PRICED AT ONLY: $839,000

Address: 1500 Ocean Bay Drive E5, KEY LARGO, FL 33037

Description

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 $100,000 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. Spacious living room dinning room with excellent water vistas of the saltwater lagoon. Walk on out to the 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. There is also a large open covered patio at the entrance to the townhome, great place to barbecue and entertain family and guest. Community 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, paradise awaits!
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  • MLS#: 619402 ( Condominium )
  • Street Address: 1500 Ocean Bay Drive E5
  • Viewed: 3
  • Price: $839,000
  • Price sqft: $1,095
  • Waterfront: Yes
  • Waterfront Type: Oceanfront,Salt Ponds
  • Year Built: 1975
  • Bldg sqft: 766
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 37
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Features
Building and Construction
  • Absolute Longitude: 80.443723
  • Construction: CBS, Concrete
  • Floor: Tile, Laminate
  • Porchbalcony: Open Porch/Balcony, Screened P/B
  • Roof: Metal Roof
  • Sqft Source: Tax Records
  • Total Number Of Units: 0.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Open Parking, Trailer Storage, Guest Parking
Eco-Communities
  • Pool Info Heated: Yes
  • Pool Info: In Ground
  • Water View: Salt Ponds
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Heating: Central
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Windowsdoors: Single Hung Windows, Sliding Glass Doors
Amenities
  • Neighborhood Feature: Community Pool, Beach, Manager on Premises, Tennis Courts, Community Boat Ramp, Community Dockage
Finance and Tax Information
  • Association Info Association Fee: 850.00
  • Association Info Assocmnt Fee Per: Monthly
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Tax Year: 2025
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1102873
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: Yes
  • Deed Restrictions: Yes
  • Dockage: Boat Ramp, Other Dockage
  • Flood Zone: AE
  • Furnished: Furnished
  • Interior Features: Drapes/Blinds Incl, Smoke Alarms, Storage
  • Legal Description: UNIT 5 KAWAMA YACHT CLUB OF KEY LARGO PHASE ONE SEC ONE BLDG E OR686-815 OR777-526 OR811-46 OR1184-392 OR1220-218 OR1451
  • Mile Marker: 100.00
  • Parcel Num: 00090491-000505
  • Side: Ocean
  • Style: Condo
  • Unit Number: E5
  • Zoning: MF - Multi-Family Attached
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin