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1530 Ocean Bay Drive 208, Key Largo, FL 33037
Active
1380 Days on Market
1 / 2
1530 Ocean Bay Drive 208, Key Largo, FL 33037 photo 11530 Ocean Bay Drive 208, Key Largo, FL 33037 photo 2
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$775,000

1530 Ocean Bay Drive 208

Key Largo, FL 33037

KAWAMA TOWER

Explore the area: Monroe County real estate

How this price compares

List price
$775,000
Price per sq ft
$874
Original price
Unchanged
Days on market
1380

This 1-bedroom condo is listed at $775,000, or $874 per square foot. It has been on the market for 1380 days.

1
Bedrooms
1
Bathrooms
887
Living Sq Ft
1993
Year Built

Estimated monthly payment

$4,073 /mo

Principal and interest only, based on $155,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $5/mo HOA are not included.

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Listing Snapshot

Price
$775,000
Days on Site
1380 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
887 sqft
Total Sq Ft
887 sqft
Year Built
1993
Property Type
Condo
MLS #
A11315383
Property Tax
$2,464 (2022)
HOA Fees
$5 / Monthly
Subdivision
KAWAMA TOWER
County
Monroe
Status
Active
Special Conditions
Listed As Is

About This Property

****VACATION RENTAL PROPERTY FOR LEASE*****NEWLY RENOVATED, KEY LARGO HOME, BOAT SLIP, GREAT FISHING, TENNIS & KAYAKS BOAT SLIP AVAILABLE AT ADDITIONAL COST, POOL, MARINA, LAGOON, KIDS KAYAKS.LICENSED VACATION RENTAL. This is an upscale Key Largo apartment, you would not expect to find in the Florida Keys. With a tropical feeling, this Bedroom unit is located just minutes away from John Penne Kamp State Park, known worldwide for its underwater scuba and snorkeling. Great restaurants are within walking distance. FREE VERY FAST Wi-Fi. The unit has been professionally decorated and completely remodeled in August 2020. The design reflects a vintage look and captures the tranquil elegance of the sea with an artful mix of chic and rustic elements.The property offers a 400-foot jetty where you will take in spectacular sunsets. The unit overlooks the tennis courts and the gardens from its large balcony and is steps away from 1 heated pool, tennis courts, and a marina. Adults can watch the kids swim in the lagoon or jump off the platforms while relaxing under the pool cabanas. The unit comes loaded with all new amenities. High-speed Wi-Fi and 1 large smart TVs (and a medium one in the room).The living area and master bedroom have an array of large windows overlooking beautiful gardens, bringing in natural light. The living room seating includes a sectional to comfortably seat the entire family. The unit includes new ceramic floors and a modern kitchen with seating for five on the counter and formal dining for six. The master bedroom has a king bed and a 55” Smart TV with Internet connection. The living space comfortably sleeps three. It has one full bathroom, a washer and dryer, and free WiFi.Apartment amenities include an on-site marina (with boat ramp), oceanfront access, 24-hour security, boat trailer parking, fresh saltwater lagoon, heated pools, a kids' playground, and tennis courts. These amenities make Kawama Yacht Club a very desirable vacation. You can go boating, snorkel, kayak, paddle-board, and fish or just catch a tan. Access to the marina ramp is free. If you need a boat slip let us know and we can special arrangements.Everything you could ever imagine to make your Florida Keys vacation complete can be found here.Pets are not allowed. This is a non-smoking home. The security Deposit will not be refunded if there is any evidence (smell) of smoking in or near the unit. *** Holiday Rates/ Spring Break rates differ from the rates quoted. Contact the Listing Agent directly for rates.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1993
Property Condition
Resale / Updated Remodeled
Number of Stories
4
Garage Spaces
2
Living Sq Ft
887
Total Sq Ft
887

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Ceramic Tile / Tile
Interior Features
Breakfast Area / Bathtub / Eat In Kitchen / Elevator / Family Dining Room / Kitchen Dining Combo / Living Dining Room / Main Level Primary / Soaking Tub

Exterior Features

Construction
Brick / Block
Exterior Features
Balcony / Outdoor Living Area / Tennis Courts
Pool Features
Association / Heated
Patio & Porch
Screened / Balcony
Waterfront
Yes
Waterfront Features
Ocean Access / Ocean Front / Other
View
Beach / Garden

Community & HOA

HOA Fee
$5 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Sewer / Security
Association Amenities
Beach Rights / Beach Access / Bike Storage / Cabana / Maintenance Grounds / Picnic Area / Playground / Pool / Parking / Tennis Courts / Trails / Elevators
Community Features
Home Owners Association
Security
Closed Circuit Cameras / Fire Alarm / Smoke Detectors / Security Guard
Utilities
Cable Available
Pets Allowed
No
Financing Terms
Cash / Lease Option
Restrictions
Ok To Lease / See Remarks / Short Term Rentals Allowed
MLS Area
5940 - Other Florida County

Schools

Elementary School
Key Largo
Middle School
Key Largo
High School
Coral Shores
Homes for Sale
157
Median List Price
$864,000
Median $/Sq Ft
$675
Avg Days on Market
173
View all 157 homes for sale in Key Largo →
How do I schedule a tour of 1530 Ocean Bay Drive 208, Key Largo, FL 33037?
Use the Tour button on this listing to request a showing of 1530 Ocean Bay Drive 208, Key Largo, FL 33037. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1530 Ocean Bay Drive 208, Key Largo, FL 33037 still available?
1530 Ocean Bay Drive 208, Key Largo, FL 33037 is currently listed as Active, and has been on the market 1380 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1530 Ocean Bay Drive 208, Key Largo, FL 33037?
With 20% down ($155,000) on the $775,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1530 Ocean Bay Drive 208, Key Largo, FL 33037 is about $4,073/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1530 Ocean Bay Drive 208, Key Largo, FL 33037?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1530 Ocean Bay Drive 208, Key Largo, FL 33037. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1530 Ocean Bay Drive 208, Key Largo, FL 33037 have an HOA fee?
Yes: 1530 Ocean Bay Drive 208, Key Largo, FL 33037 carries an HOA fee of about $5 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 1530 Ocean Bay Drive 208, Key Largo, FL 33037?
1530 Ocean Bay Drive 208, Key Largo, FL 33037 is zoned for Key Largo (elementary), Key Largo (middle), Coral Shores (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1530 Ocean Bay Drive 208, Key Largo, FL 33037?
Often, yes. The right offer on 1530 Ocean Bay Drive 208, Key Largo, FL 33037 depends on how it's priced against comparable condo sales in Key Largo, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Coldwell Banker Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.

$775,000

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Listed by Belgica Useche, Coldwell Banker Realty

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