Great Investment income and Modern Island Living in Key

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Townhome/Townhouse For Sale

1500 Ocean Bay Drive UNIT J7

Key Largo, Florida 33037

Monroe County

Waterfront: Yes

Community: Kawama (1)

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$890,000 3 br, 3.0 bath 930 sq. ft. 0.000 acres

Great Investment income and Modern Island Living in Key Largo!Welcome to Unit J7 at Kawama Yacht Club -- a beautifully updated 3-bedroom, 3-bathroom townhouse offering a sleek, modern vibe across three spacious levels and 930 sq ft of turnkey living space. Whether you're looking for a peaceful tropical escape or a high-performing investment property, this unit checks all the boxes.Enjoy serene lagoon and pool views right from your back patio -- just steps away from both! Sold fully furnished and vacation rental friendly, this home has rental history available upon request, making it an ideal choice for savvy investors or weekend warriors looking for extra income.Inside, the unit shines with stylish upgrades, a smart layout that offers privacy on each level, and a fresh, inviting feel. Just unpack and unwind -- everything is already done for you.Located in the gated, oceanfront community of Kawama Yacht Club, residents and guests enjoy resort-style amenities including:24/7 gated securityTennis courtsMultiple swimming poolsSaltwater lagoon with beach accessMarina access nearbyLush, tropical landscaping and peaceful walking pathsAnd Weekly Rentals Are AllowedHOA fees cover exterior maintenance, building insurance, common area upkeep, pest control, and security -- giving you peace of mind and low-maintenance ownership.Just minutes from world-class fishing, diving, dining, and all the best of Key Largo. Opportunities like this don't last long -- especially in one of the Top 100 Communities in the Florida Keys!Ready to live the Key Largo lifestyle or earn passive income in paradise?Call today to schedule your private tour of Unit J7!

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 930
  • Year Built: 1983
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Guest
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: Lake
  • Yard: 
  • Siding: 
  • Roof: Metal
  • Property Taxes: $3,568
  • Yearly HOA Fee: $10,800
  • MLS #: 616230
  • Unit Number: UNIT J7
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Contact Information:
Beach Townhome/Townhouse For Sale in Key Largo, Florida
Listing Agent: JAMIE ENGEL, PA, Coldwell Banker Schmitt Islamorada, 305-394-2500, 305-664-4470 Listing Site, Listing Status: Active
Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6547526
Viewed 66 times.
Updated: Aug 23, 2025

This property is a Townhome/Townhouse located at 1500 Ocean Bay Drive UNIT J7, Key Largo, Florida 33037, and is currently For Sale at $890,000. This Townhome/Townhouse has 3 bedrooms, 3.0 baths, 930 sq ft.