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$1,385,000
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Property Description
Exclusive and seldom available offering in the gated community of Key Largo Yacht Club. Completely remolded turn key 3 Bedroom 3 Bath 2 Car garage with ocean views from all balconies. A deeded 30' Boat Slip that includes a 15,000 LB lift just steps from your door. This is a beautiful turn key unit completely furnished and decorated with no expense spared. The 1st level encompasses your own patio for entertaining and grilling. The 2nd level is all about the kitchen / dinning and living / family room experience. The 3rd level is completely dedicated to a magnificent primary suite with a large bathroom and walk-in closets. Located in a beautiful 10 acre secured / gated community of only 24 units this community includes a modern pool, club house, tennis / basketball courts and trailer parking and private boat ramp.
Full Property Details
Full Property Details for 1501 Ocean Bay Dr #B7
General
- Price: $1,385,000
- HOA FEE: $2,116/month
- Taxes: $4,691 (2025)
- Status: Active
- Type: Townhouse
- Source: Greater_Miami
- MLS ID: A12076180
- Updated: 8/23/2026
- Added to Site: 75 day(s) ago
Interior
- Interior Features: First Floor Entry, French Doors, Pantry
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
Additional Information
- Shared Amenities: Basketball Court, Barbecue, Boat Dock, Tennis Court(s)
- Maint. Includes: Building Exterior, Landscaping/Lawn Maintenance
- Security/Safety: Smoke Detector, Card Entry
- Equipment: Automatic Garage Door Opener
Exterior
- Exterior Features: East Of Us1
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces, Covered, Rv/Boat Parking
Location
- Area: Key Largo Yacht Club
- County: Monroe County
- Subdivision: KEY LARGO YACHT CLUB
- Building Name: Key Largo Yach Club
Community
- Community Name: Key Largo Yacht Club
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: Multi Level
- Structure Type: Townhouse
- Detached/Attached: Attached
- Construction: Concrete Block Construction, CBS Construction
- Windows: Electric Shutters
- Doors: High Impact Doors, French Doors
- Entry Floor Number: 1
- Building Size: 2261
- Square Feet: 2,261
- Living Area: 2,261 Sq. Ft.
- Year Built: 1997
- Property Condition: Updated/Remodeled, Completely Renovated
Lot Features
- Property View: Ocean View, Direct Ocean, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: No Fixed Bridges, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $612.56
- Association Fee: $2,116
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,691
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: UNIT B-7 KEY LARGO YACHT CLUB A CONDOMINIUM OR1454-1400/01 OR1631-897 OR2748-1762 OR3064-1509
- Restrictions: No Daily Rentals
- Inclusions: Boatlift, Community Boat Ramp, Deeded Dock, Unrestricted Salt Water Access
- Property ID: 00090401-000110
Listed by LoKation
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Schools
Schools serving 1501 Ocean Bay Dr #B7
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 #B7
Date
Details
Price
Change
Source
6/14/2026
Listed
$1,385,000
64.88%
MLS
12/10/2020
Sold
$840,000
—
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 #B7
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,691
5%
$531,802
3%
2024
$4,472
-13%
$516,815
-30%
2023
$5,145
25%
$735,105
55%
2021
$4,112
-10%
$472,959
-26%
2022
$4,565
-2%
$636,294
28%
2019
$4,667
-2%
$497,325
—
2018
$4,747
-2%
$497,325
-4%
2017
$4,830
6%
$516,381
13%
2016
$4,551
43%
$457,624
38%
2015
$3,173
-2%
$331,113
1%
2014
$3,232
-1%
$328,485
1%
2013
$3,259
—
$323,631
—
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 #B7
1501 Ocean Bay Dr #B7, Key Largo, FL 33037 (MLS# A12076180) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 1501 Ocean Bay Dr #B7 is currently listed for $1,385,000 and was received on June 14, 2026. Want to learn more about 1501 Ocean Bay Dr #B7? 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.

