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1500 Ocean Bay Dr #J7, 
Key Largo, FL 33037

$890,000


3

Beds


3

Baths


930

Sq Ft


Townhouse


Virtual Tour

Active

Listed by

Taylor Engel

Last updated:

January 29, 2026, 10:48 AM

MLS#

A11874803

Source:

SEFMLS

About This Home

1500 Ocean Bay Dr #J7

Turnkey Key Largo investment property meets modern island living at Unit J7 in Kawama Yacht Club, one of the Florida Keys' most desirable gated, oceanfront communities. This beautifully updated 3-bedroom, 3-bathroom townhouse offers strong vacation rental income potential, weekly rental flexibility, and a true resort-style lifestyle. Spanning three levels, this light-filled residence features a smart, private layout with bedrooms on separate floorsideal for owners and guests alike. Enjoy peaceful lagoon and pool views from your back patio, just steps from the pool and amenities. The home is sold fully furnished and turnkey, making it perfect for investors, second-home buyers, or full-time residents. Rental history is available upon request, providing valuable insight for buyers seeking an income-producing property in Key Largo. Inside, you'll find stylish upgrades, a modern coastal feel, and a layout designed for easy Keys livingsimply unpack and enjoy, or start renting right away. Located in Kawama Yacht Club, residents and guests enjoy resort-style amenities including 24/7 manned gated security, multiple swimming pools, a saltwater lagoon with beach access, tennis courts, marina access nearby, lush tropical landscaping, and peaceful walking paths. Weekly rentals are allowed, a rare and valuable feature in the Keys. HOA fees provide low-maintenance ownership and include exterior maintenance, building insurance, common area upkeep, pest control, and security. Just minutes from world-class fishing, diving, snorkeling, boating, dining, and John Pennekamp Coral Reef State Park, this property delivers the best of the Key Largo lifestyle with built-in investment appeal. Opportunities like this don't last long in Kawama Yacht Club. Whether you're looking for passive income or your own slice of paradise, Unit J7 checks every box. Schedule your private showing today.

Home Facts

Townhouse

3 Baths

3 Bedrooms

Built in 1983

Price Summary

890,000

$956 per Sq. Ft.

MLS #:

A11874803

Last Updated:

January 29, 2026, 10:48 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

930 Sq. Ft.


Structure

Structure

Building Area:

930 Sq. Ft.

Year Built:

1983


Finances & Disclosures

Finances

Price:

$890,000

Price per Sq. Ft:

$956 per Sq. Ft.

1500 Ocean Bay Dr #J7
Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.