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1500 Ocean Bay Drive #B3, 
Key Largo, FL 33037

$819,900

2

Beds

2

Baths

748

Sq Ft

Townhouse

Active

Listed by

Diana Valbuena

Pedrin Of Miami Realty, Inc.

Last updated:

May 9, 2026, 02:50 PM

MLS#

617764

Source:

FL FKBOR

About This Home

1500 Ocean Bay Drive #B3

One of the very few properties in Key Largo that allows daily rentals, making it a highly desirable business opportunity for passive income. The property has the ability to generate over $100,000 annually. Ideally located directly in front of the pool, it offers a beautiful view of the saltwater lagoon and resort-style pool, enhancing both guest appeal and rental demand.

Home Facts

Townhouse

2 Baths

2 Bedrooms

Built in 1975

Price Summary

819,900

$1,096 per Sq. Ft.

MLS #:

617764

Last Updated:

May 9, 2026, 02:50 PM

Added:

5 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Structure

Structure

Building Area:

748 Sq. Ft.

Year Built:

1975

Finances & Disclosures

Finances

Price:

$819,900

Price per Sq. Ft:

$1,096 per Sq. Ft.

Source:FL FKBOR
The information being provided by Florida Keys Board Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Florida Keys Board Of REALTORS®, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.