1501 Ocean Bay Drive #A2 & 50' deeded slip, Key Largo, FL 33037 - Photo 1

1/1

$1,827,500

Sold
Closed
Townhouse
3 Beds
2 Full Baths
2,127 Sq. Ft.
Updated 12 days ago

1/1

Property Description

Enjoy breathtaking ocean views and sunrises from this beautifully remodeled 3 bed / 2 bath CBS townhome offering 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 gatherings or casual dining. A bonus recreation room provides the ideal space for game nights, movie nights, or hosting guests. The spacious primary suite features soaring ceilings, a walk-in closet, and a spa-inspired bath, along with an enclosed third-floor terrace perfect for a gym, additional sleeping space, or private lounge retreat. Each bedroom offers its own balcony to capture serene ocean or marina views. A 2-car garage provides ample storage. Exterior highlights include impact windows and doors, along with a durable metal roof for added peace of mind. The community is currently in the process of being freshly repainted to a beautiful coastal blue, enhancing the overall curb appeal and giving the neighborhood a vibrant, updated look. Community amenities include a pool, tennis courts, basketball courts, and a private boat ramp -- all in a prime location near restaurants and shops, and just about an hour from Miami. Offered fully furnished, this exceptional home perfectly combines luxury and durability, delivering the ultimate Florida Keys boating and coastal lifestyle.

Full Property Details

Full Property Details for 1501 Ocean Bay Dr #A2 & 50' deeded slip

General

Sold For: $1,827,500
HOA FEE: $2,890/month
Taxes: $10,189 (2024)
Status: Closed
Type: Townhouse
Source: 927
MLS ID: 616342
Added to Site: 269 day(s) ago

Interior

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

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Additional Information

Shared Amenities: Community Dockage, Community Boat Ramp, Clubhouse, Tennis Court(s), Pool
Pool: Yes
Pool Description: In Ground
Security/Safety: Electric Gate

Exterior

Deck/Patio: Open Porch/Balcony, Patio
Porch/Patio/Deck: Open Porch/Balcony, Patio

Parking

Garage: Yes

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

Association: Yes
Assoc. Fees Include: Bldg Exterior Mnt, Building Insurance, Common Area Mnt, Exterminating, Sewer
Pets Allowed: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fans(s)
Heating Type: Central

Structural Information

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

Unit Information

Unit Type: Unit

Lot Features

Property View: Open Water View, Ocean
Zoning: SR - Sub Urban Residential District

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Oceanfront, Open Water

Financial Considerations

Association Fee: Yes
Association Fee: $2,890
Assoc Fee Freq.: Monthly
Tax Amount: $10,189.73
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
Sold by Outside Of MLS - FKBR, outside mls - FKBR

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Listing agent

— 1501 Ocean Bay Dr #A2 & 50' deeded slip —

April Struhs

Coldwell Banker Schmitt Key Largo

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Schools

Schools serving 1501 Ocean Bay Dr #A2 & 50' deeded slip

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 ATTOM Data Solutions 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

Date

Details

Price

Change

Source

3/26/2026

Sold

$1,827,500

-5.8%

MLS

2/23/2026

Price Reduced

$1,940,000

-0.51%

MLS

12/01/2025

Price Reduced

$1,950,000

-2.45%

MLS

8/31/2025

Listed

$1,999,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4
Beds
3
Total Baths
2,376
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Beds
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Total Baths
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97501 Overseas Hwy, Key Largo, FL 33037 - Photo 1

Sold

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Condo
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Beds
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Total Baths
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Sq. Ft.

1501 Ocean Bay Drive #A2 & 50' deeded slip, Key Largo, FL 33037 (MLS# 616342) is a Townhouse property that was sold at $1,827,500 on March 26, 2026. 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.

1501 Ocean Bay Dr #A2 & 50' deeded slip Key Largo, FL 33037