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Sold for $1,827,500
  • $1,827,500

    1501 Ocean Bay Dr #A2, Key Largo, FL 33037

    3beds
    2,127sqft
    Townhouse
    Built in 1997
    -- sqft lot
    $1,845,500 Zestimate®
    $859/sqft
    $4,487 Estimated rent

    Home value

    $1,845,500

    $1.61M - $2.12M

    $4,487/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    April Struhs 305-399-6297,

    Coldwell Banker Schmitt Key Largo

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 616342MLS Logo

    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: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Wine Cooler, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Storage, Walk-in Closet(s), Quartz Countertops, Media Room
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 2,127
    • Total interior livable area: 2,127 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Details
    • Additional parcels included: 00090401-000402
    • Parcel number: 00090401000102
    • 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 Dockage, Community Boat Ramp, Clubhouse
    • Security: Security Gate
    • Subdivision: Key Largo Yacht Club (100.0)
    HOA
    • Has HOA: Yes
    • Services included: Sewer, Pest Control, Maintenance Structure, Insurance, Common Area Mnt
    • HOA fee: $2,890 monthly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $859/sqft
    • Tax assessed value: $1,436,543
    • Annual tax amount: $10,189
    • Date on market: 8/31/2025

    Price history

    DateEventPrice
    3/26/2026Sold$1,827,500-5.8%$859/sqft
    Source: FLKMLS #616342 Report a problem
    3/21/2026Pending sale$1,940,000$912/sqft
    Source: FLKMLS #616342 Report a problem
    3/5/2026Contingent$1,940,000$912/sqft
    Source: Key West AOR #616342 Report a problem
    2/23/2026Price change$1,940,000-0.5%$912/sqft
    Source: FLKMLS #616342 Report a problem
    12/1/2025Price change$1,950,000-2.5%$917/sqft
    Source: FLKMLS #616342 Report a problem
    8/31/2025Listed for sale$1,999,000+3.6%$940/sqft
    Source: FLKMLS #616342 Report a problem
    10/25/2024Sold$1,930,000-1%$907/sqft
    Source: FLKMLS #611268 Report a problem
    10/14/2024Pending sale$1,950,000$917/sqft
    Source: FLKMLS #611268 Report a problem
    9/5/2024Contingent$1,950,000$917/sqft
    Source: FLKMLS #611268 Report a problem
    8/30/2024Listed for sale$1,950,000+75.7%$917/sqft
    Source: FLKMLS #611268 Report a problem
    5/10/2021Sold$1,110,000$522/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,301 +20.7%$1,436,543 +20.1%
    2024$10,190 +5.9%$1,196,007 +10%
    2023$9,619 +17.4%$1,087,279 +10%
    2022$8,191 +54.9%$988,435 +71%
    2021$5,288 -0.6%$577,969
    2020$5,319 $577,969 -4.6%
    2019$5,319 -4.2%$605,749
    2018$5,554 -1.8%$605,749 -10%
    2017$5,653 -8.8%$672,911 -0.3%
    2016$6,201 -3.6%$675,003
    2015$6,433 $675,003
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,845,500
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    Estimated market value
    $1,845,500