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.
Sold for $1,827,500
$1,827,500
1501 Ocean Bay Dr #A2, Key Largo, FL 33037
3beds
2,127sqft
Townhouse, Residential - Condo/Townhouse
Built in 1997
-- sqft lot
$1,836,000 Zestimate®
$859/sqft
$4,564 Estimated rent
Home value
$1,836,000
$1.62M - $2.09M
$4,564/mo
Zestimate® history
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$4,564/mo
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$13,954/mo
Est. payment
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Est. payment
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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#: 616342
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: More Appliances, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Refrigerator, Dishwasher, Dryer, Washer
Features
- Quartz Countertops, Walk-In Closet(s), Storage, Built-in Cabinets, Cathedral Ceiling(s), Wet Bar, Media Room, Utility Room
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Drapes/Blinds Incl, Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 2,127 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Accessibility
- Accessibility features: No
Features
- Patio & porch: Open Porch/Balcony, Patio
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Oceanfront, Open Water, Waterfront, Dock: Concrete, Dock Length: 50, Dockage: Boat Lift, Boat Ramp
Lot
- Features: 10 or more Acres
Details
- Additional parcels included: 00090401000402
- Parcel number: 00090401000102
- Zoning: SR
- Zoning description: Sub Urban Residential District
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse, Residential - Condo/Townhouse
Materials
- CBS, Stucco, Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & neighborhood
Security
- Security features: Smoke Detector(s), Electric Gate
Community
- Community features: Pool, Tennis Court(s), Clubhouse, Community Boat Ramp, Community Dockage
Location
- Region: Key Largo
- Subdivision: Key Largo Yacht Club (100.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $2,890 monthly
- Services included: Sewer, Maintenance Grounds, Building Insurance, Maintenance Structure, Pest Control
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $1,827,500-5.8%$859/sqft |
Source:  FLKMLS #616342 Report a problem | ||
| 3/21/2026 | Pending sale | $1,940,000$912/sqft |
Source: FLKMLS #616342 Report a problem | ||
| 3/5/2026 | Contingent | $1,940,000$912/sqft |
Source:  Key West AOR #616342 Report a problem | ||
| 2/23/2026 | Price change | $1,940,000-0.5%$912/sqft |
Source: FLKMLS #616342 Report a problem | ||
| 12/1/2025 | Price change | $1,950,000-2.5%$917/sqft |
Source: FLKMLS #616342 Report a problem | ||
| 8/31/2025 | Listed for sale | $1,999,000+3.6%$940/sqft |
Source: FLKMLS #616342 Report a problem | ||
| 10/25/2024 | Sold | $1,930,000-1%$907/sqft |
Source: FLKMLS #611268 Report a problem | ||
| 10/14/2024 | Pending sale | $1,950,000$917/sqft |
Source: FLKMLS #611268 Report a problem | ||
| 9/5/2024 | Contingent | $1,950,000$917/sqft |
Source: FLKMLS #611268 Report a problem | ||
| 8/30/2024 | Listed for sale | $1,950,000+75.7%$917/sqft |
Source: FLKMLS #611268 Report a problem | ||
| 5/10/2021 | Sold | $1,110,000$522/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 8/10Key Largo SchoolGrades: PK-8Distance: 5.9 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 8.7 mi
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- Florida
- Monroe County
- Key Largo
- 33037
- 1501 Ocean Bay Dr Unit A2
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