1500 Ocean Bay Drive Unit #S3, Key Largo, FL 33037

$555,000
3
BD
3
BA
925
SqFt
Sold Price
$555,000
List Price
$570,000
Closing Date
Sep 29, 2021
MLS#
597043
Style
Townhouse
Status
CLOSED
Island
Key Largo
County
Monroe
City
Key Largo
Area
27 - Key Largo MM 97-107
Subdivision
Kawama (100.0)
Bedrooms
3
Bathrooms
3
Living Area
925
Year Built
1983

Property Description

Are you ready to enjoy some relaxation & fun in the beautiful Keys? This home has a fabulous vacation rental history (Jan 1, 2021 thru future rentals as of 7/23/21=$88,442!!) & is a real cash flow machine or just make it your home! Or both, enjoy it yourselves & rental income when you are not using it. Being offered fully furnished, turn-key, & with many future vacation rental reservations with deposits in place! This island home is located in the heart of Key Largo, backing up to John Pennekamp Coral Reef State Park & Molasses Reef. This is a spacious & well laid out 3-story townhouse in the beautiful private gated resort like community of Kawama, located on the ocean side of the island about mile marker 100. Once you are on the property, experience a beautiful saltwater swimming lagoon with beach, 2 beautiful swimming pools, tennis courts, and a long jetty right into the ocean. This townhouse is very tastefully decorated in a coastal style with comfortable furniture and coastal colors.3 Floors of family living. Hurricane Impact windows & doors. Great entry and family hangout also beautifully decorated. There is a Bedroom on the lower level and a full bath. Main living area has lovely kitchen with Corian counter tops, a full bathroom, with open dining and living area looking onto a porch, which has shaded area from the outside trees and give a picturesque view of the entire area. There's 2 more roomy bedrooms on the top floor, with a full bath. This is truly a home for the whole family and friends. A weekend place or a spot to call home fulltime. The complex features 2 pools, tennis courts, guarded gate, an attached marina and lots of activities to keep you busy. The downstairs recreation room is designed for kids (and also kids at heart), with an arcade game and Wii for the family to enjoy! The arcade game has 1600+ games including Atari, Sega and Nintendo games.

Additional Information

Maintenance Fee
280.00
Hoa Fee
$625
Hoa Freq
Monthly
Taxes
$1,196
Construction
CBS
Interior Features
Drapes/Blinds Incl, Smoke Alarms, Window Treatments
Flooring
Tile Floor
Furnished
Furnished
Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Heating and Air
Ceiling Fans, Central A/C, Combination A/C, Ductless A/C, Heat
Exterior Features
Tennis Court
Doors/Windows
Impact Rstnce Doors, Impact Rstnce Window
Roof
Metal Roof
Parking Description
Guest Parking, Open Parking
Pool
Yes
Pool Info
Decked, In Ground
Property Condition
Updated/Remodeled
Waterview Description
Lake View, Ocean View
Waterfront Description
None, Oceanfront
Dockage
Other Dockage
Side
Ocean
Control Depth
4
Zoning
UR - Urban Residential Distrit
Flood Zone
AE, AE
Mile Marker
100
Community Features
Community Boat Ramp, Community Dockage, Community Pool, Tennis Courts
Min Rental Days
7
Terms
Cash, Conventional, FHA, No Seller Finance, VA

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Robert Slack LLC. Selling Office: .