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$750,000
2 Beds ⋅ 3 Baths ⋅ 620813 MLS
Welcome to your Florida Keys retreat at the desirable Kawama Yacht Club in Key Largo! One of the few properties in Key Largo that allows nightly Rentals.This beautifully maintained 2-bedroom, 2-bath townhouse-style condominium offers the perfect blend of comfort, investment potential, and resort-style living. Enjoy spacious living areas, ceramic tile flooring, abundant natural light, and screened patios ideal for relaxing after a day on the water. The community is surrounded by lush tropical landscaping and offers exceptional amenities including a waterfront pool, tennis courts, marina, ocean access, playground, walking paths, and 24-hour gated security. Conveniently located just minutes from world-class fishing, diving, boating, waterfront dining, John Pennekamp Coral Reef State Park, and all that the Florida Keys lifestyle has to offer. Whether you're searching for a full-time residence, vacation getaway, or income-producing investment, this property offers endless possibilities in one of Key Largo's most sought-after communities.Don't miss this opportunity to own your piece of paradise in the Florida Keys!

1500 Ocean Bay Dr Unit APT A1, Key Largo
$795,000
2 Beds ⋅ 2 Baths ⋅ 620527 MLS
KAWAMA YACHT CLUB BEAUTIFULLY RENOVATED 2 Bedrooms - 2 Full Bathrooms Unit E5, CBS Block Townhome located on a beautiful Saltwater Lagoon in an Oceanfront Manned Gated Community, in the heart of Key Largo. EXCELLENT RENTAL INCOME, one of the few Florida Keys properties that can be rented DAILY-NIGHTLY, the majority of the Keys rental properties can only be rented every 28 days. CURRENTLY GENERATING RENTAL INCOME of $98,980 yearly. Being offered Turnkey, this lovely Townhome is ready for you to use or rent day one. Extensively renovated, beautiful Kitchen featuring Stainless Steel Appliances, Custom Cabinets and Lighting, Tile Backsplash, and Plantation Shutters. Newer Daikin AC unit with an 8 year warranty. Spacious Living-Dinning aera, beautiful Water Vistas of the Saltwater Lagoon. Screened-In Patio with lovely Water Vistas of the Saltwater Lagoon. Beautiful Wood-Laminate Flooring throughout the lower floor and patio area. Spacious and Beautiful Master Bedroom featuring a Private Tiled Screened-In Balcony overlooking the Saltwater Lagoon below. The Master Bedroom also has a Wall Mounted TV, Ceiling Fan-Light, Beautiful Tile Flooring, and 2 Spacious Closets. The Second Bedroom features Tile Flooring, Ceiling Fan-Light, Plantation Shutters, Ceiling Mounted TV, and a Spacious Closet. Large Open Covered Patio at the entrance to the Townhome, great place to Barbecue and entertain family and guest. Community Boat Storage and Marina Boat Ramp, launch your boat on the Ocean side, World Class Fishing and Diving. This lovely community has 2 Sparkling Heated Pools, one has a wonderful Beach that leads into the Saltwater Lagoon, great for Kayaking, Paddle Boarding, and Rafting. The other Pool has a Large Tiki Hut, great for gatherings and events. Tennis and Pickle Ball Courts. Jetty with a Gazebo, Oceanfront Beaches, Tiki Huts and Bar-B-Q Grills. Excellent location to local shopping and restaurants. Miami Airport is only a 90 minute drive. Kawama Keys Paradise Awaits!

1500 Ocean Bay Dr Unit APT E5, Key Largo
$790,000
2 Beds ⋅ 2 Baths ⋅ 619210 MLS
Ready to go rental unit! Nightly rentals are permitted. New furniture, newer appliances, ready for your renters. Step into the kitchen, a culinary haven boasting modern appliances, sleek granite countertops, and a comprehensive array of essentials, ensuring every meal is a delight. The inviting living room offers a comfortable sofa, which effortlessly transforms into additional sleeping space, accommodating even more guests. This unit has everything you need to be a successful investment property. 3 covered patios, open upper deck to watch the sunset. This unit is located on the swimming lagoon with a beach. Enjoy the community pools, tennis courts, playground and a marina with a boat ramp. There is also room for boat trailer storage. This is a gated community with 24-hour security. You can reach several local restaurants by golf cart with never driving on US1. Key Largo Park is also an easy golf cart ride away, play pickle ball, tennis or enjoy the kid's area. This unit has everything you need, to use for your own enjoyment and generate an income when you are not using it. This unit is managed by a local property manager. Rentals on the books will transfer to new buyer. Built in rental income!

1500 Ocean Bay Dr Unit F5, Key Largo
$800,000
2 Beds ⋅ 2 Baths ⋅ 612532 MLS
Turn-Key Investment Property!! Amazing Fully Renovated townhome in coveted Kawama Yacht club. This 2 bedroom 2 bath unit comes fully furnished. Fully remodeled to the studs, newer A/C (2019), impact windows, custom kitchen and bathrooms. Short Term Rentals allowed with Monroe County Exception. Offset your expense of owning your Florida Keys Home and make your Dreams a Reality. Pool view with Lagoon a few steps away.

1500 Ocean Bay Dr Unit B3, Key Largo
$733,900
1 Beds ⋅ 1 Baths ⋅ 616501 MLS

1500 Ocean Bay Dr Unit B8, Key Largo
$800,000
2 Beds ⋅ 2 Baths ⋅ 614123 MLS
A Rare Key Largo Gem - A Lucrative Investment & Coastal Escape! THIS BUSINESS IS BEING SOLD WITH OVER ONE HUNDRED 5 STAR REVIEWS THAT WILL BE TRANSFERED TO NEW BUYER ENSURING IMMEDIATE RENTALL SUCCESS Discover a one-of-a-kind opportunity at Kawama Yacht Club, one of the few communities in Key Largo that allows daily rentals, making it a highly profitable investment or the ultimate weekend retreat! This stunning townhouse has been professionally designed by an interior designer and boasts all five-star reviews from satisfied guests. Every detail has been thoughtfully curated to provide an elevated living experience, combining modern elegance with coastal charm. Located in a gated waterfront community, this home offers resort-style amenities, private beach access, pools, and breathtaking ocean views. Whether you're looking for an income-generating vacation rental or a personal retreat in paradise, this property is a rare find that checks all the boxes. Don't miss this incredible opportunity—schedule your private showing today!

1500 Ocean Bay Dr Unit F2, Key Largo
$750,000
2 Beds ⋅ 2 Baths ⋅ 614498 MLS
Charming 2-Bed, 2-Bath Unit in the Highly Desirable Kawama Yacht Club! Located in a prime spot just steps away from the pool and lagoon beach, this unit is perfect for your next investment! Ready to kickstart your rental business with great potential for weekly rentals. Enjoy access to fantastic amenities including a marina, trailer storage, private ocean beach area with tiki huts, two pools, and a playground. Don't miss out on this incredible opportunity in a sought-after location!

1500 Ocean Bay Dr Unit G8, Key Largo
$740,000
2 Beds ⋅ 2 Baths ⋅ 612168 MLS
BEAUTIFUL OCEAN SIDE KAWAMA YACHT CLUB 2 Bedroom 2 Bath Townhome, Solid CBS Construction. EXCELLENT RENTAL OPPORTUNITY-Can Rent every 2 Days, projected yearly Rental Income $85,000. Community Marina and Boat Ramp, also Boat-Trailer storage area. Direct Ocean Access to World Class Fishing and Diving in minutes. Kawama's amenities include: 2 Pools, Tiki Pavilion, Barbeque areas, Tennis, Firepit, Playground, Private Beach. Security 24-hour Man Gated, patrolled. Easy access to Downtown Miami, South Beach, and Miami International Airport, Islamorada, Marathon, Key West. Kawama Paradise Awaits.

1500 Ocean Bay Dr Unit C5, Key Largo