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$2,150,000
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Property Description
Amazing Ocean View from this corner oceanfront three-story townhome with deeded 50ft slip just steps away. Indulge in the vibrant ocean colors of turquoise blues and greens from every room. Awaken to awe-inspiring sunrises accompanied by refreshing ocean breezes. This hidden gem has the best views in the exclusive Key Largo Yacht Club with the boat slip just steps away. Convenience, peace and quiet are yours in this private community of only 24 units. Remodeled and turn-key, ready to move in. Offered furnished. Impact windows & doors in addition to shutters. Multiple balconies in front and back. Covered parking for 2 vehicles. For boating enthusiasts, a 50-foot deeded boat slip with a 4-post lift provides direct ocean access from your private dock, conveniently located behind your garage.
Full Property Details
Full Property Details for 1501 Ocean Bay Dr #A1
General
- Price: $2,150,000
- HOA FEE: $2,889/month
- Taxes: $8,159 (2024)
- Status: Active
- Type: Townhouse
- Source: Greater_Miami
- MLS ID: A11732507
- Updated: 9/17/2025
- Added to Site: 355 day(s) ago
Interior
- Interior Features: First Floor Entry, Entrance Foyer, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bedroom Upstairs
Additional Information
- Shared Amenities: Basketball Court, Barbecue, Child Play Area, Clubhouse-Clubroom, Pickleball, Pool, Putting Green, Tennis Court(s)
- Maint. Includes: All Amenities, Building Exterior, Common Area, Landscaping/Lawn Maintenance
- Security/Safety: Phone Entry
Exterior
- Exterior Features: Courtyard, Open Balcony
- Deck/Patio: Open Balcony, Open Porch, Patio
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Carport, 2 Or More Spaces, Covered, Guest, Rv/Boat Parking
Location
- Area: Key Largo Yacht Club
- County: Monroe County
- Subdivision: KEY LARGO YACHT CLUB
- Building Name: KEY LARGO YACHT CLUB
Community
- Community Name: Key Largo Yacht Club
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit, Split Level
- Structure Type: Townhouse
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass, Partial Accordian Shutters, Partial RollDown Shutters
- Doors: High Impact Doors
- Entry Floor Number: 1
- Entry Location: Foyer
- Building Size: 2127
- Square Feet: 2,127
- Living Area: 2,127 Sq. Ft.
- Year Built: 1997
Lot Features
- Property View: Ocean View, Direct Ocean, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Ocean Front, Seawall
Financial Considerations
- Price Per Sq. Ft.: $1,010.81
- Association Fee: $2,889
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,159
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: UNIT A-1 KEY LARGO YACHT CLUB A CONDOMINIUM OR1347-613/14 OR1603-80/81 OR2280-392/93 OR2814-1651/52
- Restrictions: Ok To Lease
- Inclusions: Boatlift, Deeded Dock, Community Ramp, Dock Owned/Included, Lift, Up to 50 Ft Boat
- Property ID: 00090401-000101
Listed by American Caribbean Real Estate
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Schools
Schools serving 1501 Ocean Bay Dr #A1
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 6 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 91.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 Ocean Bay Dr #A1
Date
Details
Price
Change
Source
9/17/2025
Price Reduced
$2,150,000
-4.44%
MLS
7/24/2025
Price Reduced
$2,250,000
-4.26%
MLS
1/27/2025
Listed
$2,350,000
113.64%
MLS
3/16/2007
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1501 Ocean Bay Dr #A1
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,159
—
$1,181,860
-3%
2024
$8,159
5%
$1,217,774
—
2023
$7,767
18%
$1,217,774
23%
2022
$6,599
22%
$986,402
67%
2021
$5,397
-5%
$591,342
-5%
2019
$5,688
-2%
$622,146
—
2018
$5,790
-10%
$622,146
-11%
2017
$6,421
—
$699,259
4%
2016
$6,433
-2%
$675,003
—
2015
$6,545
-3%
$675,003
—
2014
$6,723
5%
$675,003
9%
2013
$6,381
—
$620,944
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1501 Ocean Bay Dr #A1
1501 Ocean Bay Dr #A1, Key Largo, FL 33037 (MLS# A11732507) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 1501 Ocean Bay Dr #A1 is currently listed for $2,150,000 and was received on January 27, 2025. Want to learn more about 1501 Ocean Bay Dr #A1? Do you have questions about finding other Townhouse real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

