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© 2026 DockOnly™. All rights reserved.

DockOnly™ and Dock Score™ are trademarks of Blue Mar Real Estate Group Inc.

Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

Listing data is provided by participating Multiple Listing Services and is deemed reliable but not guaranteed. Each listing's MLS source and its required disclosures appear with that listing. Dock Score™ is a DockOnly.com rating and is not provided by or affiliated with any MLS or listing broker. NOAA chart data is public domain and for reference only, not for navigation. Full MLS Compliance

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+20

1500 Ocean Bay Drive H5

Key Largo, FL, 33037

Active

$774,500

1500 Ocean Bay Drive H5

Key Largo, FL, 33037

Active

$774,500

2

Bedrooms

2

Bathrooms

918 sqft

Living Area

1975

Year Built

$774,500Tour the dockSchedule a Showing
Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map. Verify navigability with a local captain or surveyor before relying on it.

$771

HOA / Monthly

296

Days on Market

Dock Score™

DockOnly
26
Limited

What shaped this score

✓Bridge-free to bay & ocean
✓Dock present
·Waterfront

DockOnly.com rating, not provided by the MLS or listing broker.

Dock & Water AccessMLS

OceanfrontSalt Ponds

AI Aerial Imagery Detection

Dock Detected

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Navigation RouteDockOnly

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

REDUCED !!!!! GREAT DEAL!!! Welcome to Unit H5 at Kawama Yacht Club -- a beautifully updated 2-story, 2 bed / 2 bath townhouse offering 918 sq ft of turnkey living space. Adjacent to the pool area with serene lagoon views, this fully furnished unit is vacation rental-friendly with proven income history. Located in a gated oceanfront community with premium amenities including: 2 Swimming pools Private saltwater lagoon for kayaking, swimming & beach relaxation Large tiki hut for events & gatherings Tenis/ Pickle Courts Private marina with deeded slips Oceanfront grills & firepits HOA covers exterior maintenance, insurance, pest control & more. Weekly rentals allowed. Minutes from top fishing, diving, and dining spots -- live the Key Largo lifestyle or invest in paradise! Text Listing agent for showings

Schedule a Showing

See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

Key Largo, FL, 33037

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Real Estate Sales Force - Coral Gables via Florida Keys MLS

Last updated: 7/16/2026

© 2026 Florida Keys Board of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Dock Score™

DockOnly
26
Limited

What shaped this score

✓Bridge-free to bay & ocean
✓Dock present
·Waterfront

DockOnly.com rating, not provided by the MLS or listing broker.

Nearest Bridge Clearances

Florida Keys, critical for tall/large vessels

No bridge data available for this location.
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$154,900 down

%
Principal & Interest$4,019/mo
Property Tax (est. ~1.2%, varies by county)$775/mo
Home Insurance (est.)$250/mo
HOA Fees$771/mo
Total Monthly Payment$5,814
Loan Amount: $619,600Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

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