$10,000 Closing Credit¹
#613062, Raul Hernandez, Listing Office: Phantom Real Estate
$825,000 List price
1500 Ocean Bay Dr Unit S3 Key Largo, FL 33037
$9,797
Closing credit¹
3 beds
3 full
925 sqft
$892 / sqft
Townhouse
Property details
About 1500 Ocean Bay Dr Unit S3
Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area along with two patios - one open & one screened; and the top floor includes two more bedrooms and a full bath along with another screened patio. The beautiful & private Kawama Yacht Club offers several heated pools, saltwater swimming lagoons, oceanfront sandy beaches, jetty with gazebo, boat ramp, on site boat storage, tennis, playground, multiple picnic areas and access to a deep water harbor. This gated community is professionally managed and has 24 hour manned security. Short term rentals allowed - this townhome is fully furnished and in an active rental program. You can live here full time, seasonally or use when you like and rent while you're away! Centrally located to all Key Largo has to offer including the famous Key Largo Fisheries, bars, restaurants, shopping, diving, fishing and more. Close to everything but US1!
Highlights
Home typeTownhouse
StatusAccepting Backup Offers
(Contingent/Show)
(Contingent/Show)
Size925 sqft
Year built1983
MLS #614569
WaterfrontOcean Front
Private poolYes
Summary
- MLS Number: 614569
- MLS Name: KeyWest
- Office Name: American Caribbean Real Estate, Christies International Real Estate
- Office Phone: (305) 451-4078
- Listing Agent: Lorie Rhyne Leal
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 10:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$825,000
1500 Ocean Bay Dr Unit S3
$9,797
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
9
Ocean Studies Charter
Public Charter KG-5
6.3 mi
•92295 Old Hwy
3
Miami Community Charter School
Public Charter KG-5
25.5 mi
•101 S Redland Rd
2
Florida City Elementary School
Public District PK-5
25.8 mi
•364 NW 6th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,432. The majority of Key Largo, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
9%
<35k
62%
35k-100k
20%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
16%
18-34 yrs old
54%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Sonic
What do the neighbors drive?
Infiniti
Lexus
Kia
What do the neighbors listen to?
Adult Hits
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1500 Ocean Bay Dr Unit S3
This home is located at 1500 Ocean Bay Dr Unit S3 in Key Largo, FL and zip code 33037. This 925 square foot home was built in 1983. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $825,000.
While more than 0 listings in Key Largo, FL in March 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 28 were sold below. In March 2025 in Key Largo, FL there were 15% more homes for sale than in February. While the average time on the market in March 2025 was 113 days, the median list price was $883,000.
From Rocket Homes Real Estate and based on county public records data.