Hidden gem with 50 ft boat slip.
Luxury Oceanfront End Unit in Exclusive Key Largo Yacht Club
Discover one of Key Largo's best-kept secrets. Nestled within the private, gated Key Largo Yacht Club, this exceptional end-unit townhome offers breathtaking turquoise ocean views from nearly every room. Wake to spectacular sunrises, refreshing ocean breezes, and sparkling water that becomes the backdrop to everyday living.
Offered furnished and move-in ready, this residence features solid hardwood floors, impact windows and doors, multiple balconies, and covered parking for two vehicles. The spacious third-floor owner's suite is a private retreat with panoramic ocean and marina views.
Boaters will love the 50-foot deeded boat slip with a four-post lift, conveniently located just steps from the garage, offering direct ocean access and quick access to Florida Bay through Adams Cut.
Enjoy resort-style amenities including a heated pool and spa, tennis, pickle-ball, basketball, mini golf, a private boat ramp, and clubhouse. Quiet, private, and just minutes from the heart of Key Largo, this rare waterfront gem offers the perfect blend of luxury, convenience, and the Florida Keys lifestyle.
For sale
$2,099,000
1501 Ocean Bay Dr #A1, Key Largo, FL 33037
3beds
2,127sqft
Townhouse
Built in 1997
-- sqft lot
$1,958,800 Zestimate®
$987/sqft
$2,890/mo HOA
What's special
Direct ocean accessLuxury oceanfront end unitSolid hardwood floorsPrivate boat rampImpact windows and doorsMultiple balconies
- 69 days
- 404
- 12
Zillow last checked:
Listing updated:
Listed by:
Terry Canto,Top Producer 305-394-3037,
American Caribbean Real Estate, Christie's International Real Estate
Source: FLKMLS,MLS#: 620798
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Features
- Granite Counters, Storage, Walk-in Closet(s)
- Flooring: Tile, Wood
- Furnished: Yes
Interior area
- Total structure area: 2,127
- Total interior livable area: 2,127 sqft
Property
Parking
- Parking features: Open, Storage
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony, Screened Patio
- Exterior features: Chickee Hut, Tennis Court(s)
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Spa features: Community
- On waterfront: Yes
Details
- Parcel number: 00090401000101
- Zoning: SR - Sub Urban Residential District
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- CBS, Concrete, Stucco
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1997
Community & HOA
Community
- Features: Community Boat Ramp, Clubhouse, Fire Hydrant
- Security: Security Gate, Building Security
- Subdivision: Key Largo Yacht Club (100.0)
HOA
- Has HOA: Yes
- Services included: Sewer, Maintenance Structure, Insurance, Common Area Mnt
- HOA fee: $2,890 monthly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $987/sqft
- Tax assessed value: $1,181,860
- Annual tax amount: $8,641
- Date on market: 7/30/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,958,800
$1.86M - $2.06M
$5,297/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $2,099,000-2.4%$987/sqft |
Source:  FLKMLS #620798 Report a problem | ||
| 7/28/2026 | Listing removed | $2,150,000$1,011/sqft |
Source:  MIAMI #A11957355 Report a problem | ||
| 2/2/2026 | Listed for sale | $2,150,000$1,011/sqft |
Source: MIAMI #A11957355 Report a problem | ||
| 2/1/2026 | Listing removed | $2,150,000$1,011/sqft |
Source: MIAMI #A11732507 Report a problem | ||
| 9/17/2025 | Price change | $2,150,000-4.4%$1,011/sqft |
Source: MIAMI #A11732507 Report a problem | ||
| 7/24/2025 | Price change | $2,250,000-4.3%$1,058/sqft |
Source: MIAMI #A11732507 Report a problem | ||
| 1/27/2025 | Listed for sale | $2,350,000+556.4%$1,105/sqft |
Source: MIAMI #A11732507 Report a problem | ||
| 3/31/1995 | Sold | $358,000$168/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,641 +5.9% | $865,784 +10% |
| 2024 | $8,159 +5% | $787,076 +10% |
| 2023 | $7,767 +17.7% | $715,524 +10% |
| 2022 | $6,599 +22.3% | $650,476 +10% |
| 2021 | $5,397 -0.6% | $591,342 |
| 2020 | $5,429 | $591,342 -5% |
| 2019 | $5,429 -4.6% | $622,146 |
| 2018 | $5,688 -1.8% | $622,146 -11% |
| 2017 | $5,790 -9.8% | $699,259 +3.6% |
| 2016 | $6,421 -0.2% | $675,003 |
| 2015 | $6,433 | $675,003 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33037
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