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1500 Ocean Bay Drive #C4, Key Largo, FL 33037

Key Largo
Local realty services provided by:CENTURY 21 Circle
1500 Ocean Bay Drive #C4,Key Largo, FL 33037
$859,900
  • 2 Beds
  • 2 Baths
  • 772 sq. ft.
  • Townhouse
  • Active
Listed by: diana valbuena
Office: pedrin of miami realty, inc.
MLS#:622025
Source:FL_FKBOR

Price summary

  • Price:$859,900
  • Price per sq. ft.:$1,113.86
  • Monthly HOA dues:$854

About this home

Owner is the listing agent. Fully remodeled 2 bed, 2 bath condo directly on the lagoon at Kawama Yacht Club in Key Largo, with great water views from the unit. Being sold turnkey, so the next owner can keep renting from day one without having to furnish, equip, or set up anything. This is an established short-term vacation rental with strong guest reviews and a proven income history: approximately $105,000 in rental revenue in 2024, $103,000 in 2025, and $90,000 so far in 2026. Future bookings are already paid and on the calendar, so income continues after closing. The consistent results over three years show this is not a one-season success but a property that performs year after year. Location is a big part of what makes this unit work. Key Largo is the first stop in the Florida Keys and an easy drive from Miami, making it a popular getaway for South Florida visitors and travelers from out of state. Guests come for the water, diving, snorkeling, fishing, and boating, and John...

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Home facts

  • Year built:1975
  • Subdivision & Development:Kawama Yacht Club (100.0)
  • Listing ID #:622025
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Rooms Total:2
  • Kitchen Description:Quartz Countertops
  • Living area:772 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Hot Water

Structure and exterior

  • Year built:1975
  • Building area:772 sq. ft.

Finances and disclosures

  • Price:$859,900
  • Price per sq. ft.:$1,113.86
  • Tax amount:$4,210

Features and amenities

  • Amenities:Smoke Alarms

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