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$2,150,000
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Property Description
Luxury Ocean Front End Unit. The best views from the complex in this townhome with 50 ft deeded slip and boat lift. 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. Turn-key property and furnished, ready to enjoy, Solid 3 1/4 Hardwood floors throughout. Impact windows & doors in addition to shutters. Multiple balconies in front and back. Covered parking for two 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. The expansive owner's suite spans the entire third level, offering a tranquil sanctuary with its own balcony, an additional screened terrace, and stunning views of the ocean and marina. Whether you're a water sports enthusiast or a lover of serene vistas, this townhome is a dream come true. Located at the heart of Key Largo with Keys' vibrant coastal lifestyle, enjoy proximity to world-class reefs, fishing hotspots, sandbars, and renowned waterfront dining. Easy access to Adams Cut, your adventures can extend seamlessly to the bay, providing endless opportunities for exploration.
Full Property Details
Full Property Details for 1501 Ocean Bay Dr #A1
General
- Price: $2,150,000
- HOA FEE: $2,890/month
- Taxes: $8,641 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11957355
- Updated: 2/13/2026
- Added to Site: 29 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: None
Additional Information
- Shared Amenities: Barbecue, Clubhouse-Clubroom, Heated Pool, Pickleball, Pool
- Maint. Includes: All Amenities, Building Exterior, Common Area, Landscaping/Lawn Maintenance, Sewer
- Security/Safety: Card Entry, Phone Entry
Exterior
- Exterior Features: Open Balcony, Screened Balcony
- Deck/Patio: Open Balcony
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- 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: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit, Multi Level
- Structure Type: Townhouse, Condo
- Detached/Attached: Detached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 1
- 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 Features
- Water Front: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,010.81
- Association Fee: $2,890
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,641
- Tax Year: 2025
- 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: Other Restrictions
- Inclusions: Boatlift, Community Ramp, Lift, Private Dock, 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 |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 8.6 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
2/01/2026
Listed
$2,150,000
95.45%
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# A11957355) is a Condo property with 3 bedrooms and 2 full bathrooms. 1501 Ocean Bay Dr #A1 is currently listed for $2,150,000 and was received on February 01, 2026. Want to learn more about 1501 Ocean Bay Dr #A1? Do you have questions about finding other Condo 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.

