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$1,950,000

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 2,127 Sq. Ft.
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Enjoy breathtaking ocean views and sunrises from this beautifully remodeled 3 bed / 2 bath CBS townhome with 2,127 sq. ft. of living space. A true boater's paradise, it includes a 50' deeded slip with a brand-new 20,000 lb boat lift.Inside, you'll find a remodeled open-concept living area designed for entertaining. The kitchen boasts stainless steel appliances, quartz countertops, and a large island perfect for entertaining or casual dining. A bonus recreation room offers the perfect spot for gatherings, games, or movie nights. The primary suite features tall ceilings, a walk-in closet, and a spa-like bath, along with an enclosed terrace on the third floor that's ideal for a gym, extra sleeping space, or private lounge. Each room has its own balcony to take in serene ocean or marina views. A 2-car garage provides excellent storage. Exterior features include impact windows & doors and a durable metal roof.Community amenities include a pool, tennis courts, basketball courts, and a private boat ramp, all in a prime location close to restaurants, shops, and only about an hour from Miami.This home perfectly combines luxury, durability and is offered fully furnished to deliver the ultimate Florida Keys lifestyle for boating and coastal living.

Full Property Details for 1501 Ocean Bay Dr #A2 & 50' Deeded Slip

General

  • Price: $1,950,000
  • HOA FEE: $2,889/month
  • Taxes: $10,189 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: 927
  • MLS ID: 616342
  • Updated: 12/3/2025
  • Added to Site: 140 day(s) ago

Interior

  • Rooms/Areas: Media Room, Utility Room
  • Interior Features: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Built-in Cabinets, Cathedral Ceilings, Wet Bar
  • Appliances: More Appliances, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Refrigerator, Dishwasher, Dryer, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Community Pool, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Pool: Yes
  • Pool Description: In Ground
  • Security/Safety: Electric Gate

Exterior

  • Deck/Patio: Open Porch/Balcony, Patio

Parking

  • Garage: Yes
  • Parking: Garage

Location

  • Area: 27 - Key Largo MM 97-107
  • County: Monroe
  • Subdivision: Key Largo Yacht Club (100.0)
  • Driving Directions: From Overseas Highway, turn onto Ocean Bay Dr. Take a left into Key Largo Yacht Club

Community

  • Assoc. Fees Include: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Pets Allowed: Yes
  • Pet Restrictions: YES

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fans(s)
  • Heating Type: Central

Utilities

  • Water: Ocean View, Open Water View
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • Architectural Style: Townhouse
  • Construction Status: Updated/Remodeled
  • Construction: CBS, Stucco, Concrete
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Dock Size: 50
  • Square Feet: 2,127
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1997
  • Property Condition: Updated/Remodeled

Unit Information

  • Unit Type: Unit

Lot Features

  • Zoning: SR - Sub Urban Residential District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Oceanfront, Open Water
  • Dock Description: Boat Lift, Boat Ramp

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $2,889
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,189
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: UNIT A-2 KEY LARGO YACHT CLUB A CONDOMINIUM OR1410-1786/87 OR1655-1874 OR3096-0512 OR3096-0516
  • Flood Zone: AE, AE, VE, VE, VE
  • APN: 00090401-000102

Listed by Coldwell Banker Schmitt Key Largo, April Struhs (305) 399-6297

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Listing agent

— 1501 Ocean Bay Dr #A2 & 50' Deeded Slip —

  • April Struhs

    Coldwell Banker Schmitt Key Largo

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1501 Ocean Bay Dr #A2 & 50' Deeded Slip

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Key Largo School
104801 Overseas Highway, Key Largo, FL 33037
PK-86 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1291.5 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 #A2 & 50' Deeded Slip Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/01/2025
Price Reduced
$1,950,000
-2.45%
MLS
8/31/2025
Listed
$1,999,000
3.58%
MLS
10/25/2024
Sold
$1,930,000
—
Public Record
Get Price Alerts and Save Property
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 for 1501 Ocean Bay Dr #A2 & 50' Deeded Slip

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,190
—
$1,436,543
19%
2024
$10,190
6%
$1,210,134
—
2023
$9,619
17%
$1,210,134
22%
2022
$8,191
55%
$988,435
71%
2021
$5,288
-5%
$577,969
-5%
2019
$5,554
-2%
$605,749
—
2018
$5,653
-9%
$605,749
-10%
2017
$6,201
-4%
$672,911
—
2016
$6,433
-2%
$675,003
—
2015
$6,545
-3%
$675,003
—
2014
$6,723
5%
$675,003
9%
2013
$6,381
—
$620,944
—
View All
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 for 1501 Ocean Bay Dr #A2 & 50' Deeded Slip

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coldwell Banker Schmitt Key Largo, April Struhs (305) 399-6297

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1501 Ocean Bay Drive #A2 & 50' Deeded Slip, Key Largo, FL 33037 (MLS# 616342) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 1501 Ocean Bay Drive #A2 & 50' Deeded Slip is currently listed for $1,950,000 and was received on August 31, 2025. Want to learn more about 1501 Ocean Bay Drive #A2 & 50' Deeded Slip? 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.

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