1500 Ocean Bay Dr # F5, Key Largo FL 33037, Key Largo
$790,000
Key Largo, FL, 33037
Property details
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 918 sqft
- Year built
- 1975
- Type
- Condominium
- Association fee
- $850 / monthly
- Days on market
- 70
- MLS #
- A11991691
Listing courtesy of American Caribbean Real Estate · 305-451-4078. Listing agent: Amy Bruggeman. MLS data last updated 2026-06-08.
Description
Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid's area. This unit has everything you need to use for your own enjoyment and generate an income when you are not using it.
1500 Ocean Bay Dr # F5, Key Largo FL 33037, Key Largo — for sale, listed for $790,000 (2 bed, 2 bath, 918 sqft).
30 2-bed listings for sale in 33037 · median $629,000.
Current market segment
Right now: 30 active 2-bed listings for sale in 33037, median asking price $629,000, median $693/sqft.
n=30 · 2026-07-24 · Methodology
Run the numbers
Availability in KAWAMA YACHT CLUB
3 listings are currently active in this building across 3 distinct units (3 × 2-bed).
n=3 · 2026-07-24 · Methodology
Browse this price segment
n=59 · 2026-07-24 · Methodology
Price-reduction climate
67% of 30 active 2-bed listings for sale in 33037 are listed below their original asking price.
n=30 · 2026-07-24 · Methodology
Observed price & status history
Asking price reduced from $845,000 to $790,000.
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-24 · Methodology
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