1500 Ocean Bay Drive Unit H12
Key Largo, FL 33037
Map
- 3 beds
- 3 baths
- 927 sqft
- $905 per sqft
- 1983 build
- – on site
Kawama Corner Townhome - 3-Day Rentals Allowed!Welcome to the private, gated community of Kawama in Key Largo, just off the ocean side at mile marker 100! This beautiful 3-level corner townhome is the perfect getaway, offering the ultimate resort-style living with access to a stunning saltwater swimming lagoon, two pools, tennis courts, a marina, and a long jetty leading into the ocean. Enjoy two sandy beaches, a kiddie playground, picnic areas with tiki huts and BBQs, plus beautifully landscaped grounds that make the community feel like paradise.This spacious townhome features 3 bedrooms and 3 full baths, plus ample parking for 3 cars and a golf cart. Natural light pours in through 4 extra windows, making the entire unit feel bright and airy. The lower level includes a bedroom, family/game room, and full bath, while the second level offers a living room, kitchen, and dining area. The third level features 2 large bedrooms with ample closet space.As one of the few properties in the Upper Keys allowing 3-day minimum rentals, this townhome offers excellent rental potential for those seeking an investment property. Plus, all home insurance is included in the association fees!Whether you're looking for a vacation home or a lucrative rental, this property offers everything you need--fishing, boating, kayaking, paddleboarding, and more. Come experience the Keys lifestyle and make this stunning townhome yours!
Last checked:
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Last updated Jun 6, 2025
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MLS# 615233 —
The Building
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Year Built:1983
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Construction:CBS, Stucco, Concrete
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Style:Condo
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Building Style:Townhouse
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Unit #:H12
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Windows/Doors:Aluminum Windows
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Roof:Metal Roof
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Porch/Balcony:Open Porch/Balcony, Screened P/B
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Security:Manned Gate
Interior
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Furnished:Negotiable
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Floor:Tile
The Property
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Parcel #:00090493-000400
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:RH - Residential High
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Waterfront:No
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Waterview:Salt Ponds
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Flood Zone:AE,AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 619-0240
- Office phone:
- (305) 440-2937
Taxes
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Tax Year:2024
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Taxes:5039.81
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Tax Exemptions:Homestead
Beds
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Total Bedrooms:3
Baths
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Total Baths:3.00
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Full Baths:3
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:FKAA, Municipal Sewer
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Pre-Wired:Cable
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Dishwasher, Range, Refrigerator
The Community
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Subdivision:Kawama (100.0)
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Neighborhood Features:Community Pool, Beach, Tennis Courts, Community Boat Ramp, Community Dockage
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Pool Info:In Ground
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Dockage:None
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Pets: Pets w/Restrictions:YES
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Fee Includes:Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
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Association Info: Association Fee $:330.00
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Association Info: Maintenance Fee $:925.00
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Monthly
Parking
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Vehicle Storage:Open Parking, Off Street Parking
Monthly cost estimate
Asking price
$839,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,492
|
| Taxes | $419 |
| Insurance | $230 |
| Utilities | $124 See report |
| Total | $5,265/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/29/25
May 29, 2025
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Listed / Active | FLKMLS | $839,000 | 470.7% (31.4% / YR) |
|
5/28/10
May 28, 2010
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FLKMLS | $147,000 |
