Exclusive 3 bedroom and 2.5 bath 3 story, 2 car garage Townhouse at Key Largo Yacht Club with water front views including a deeded 12,000 lb boat lift is a rare find. The 10 acre, 24 unit community offers tropical privacy beyond the gates with a heated pool and spa, private marina, boat ramp, boat trailer storage, tennis courts, and playground. The townhome has 3 floors of fabulous views of the marina and ocean front. All bathrooms have been completely remodeled. 3rd floor encompasses the master suite. Ground level has your own patio for entertaining, grilling or just simply enjoying the ocean breezes. Easy boating access to Rodriguez Key or Mosquito Bank. Take a golfcart ride within the neighborhood to Key Largo park with 9 Pickleball courts, shopping, or choose from 1 of several resturants in the neighborhood.
Sold for $1,350,000
$1,350,000
1501 Ocean Bay Dr #B5, Key Largo, FL 33037
3beds
2,261sqft
Townhouse, Residential - Condo/Townhouse
Built in 1997
-- sqft lot
$1,348,600 Zestimate®
$597/sqft
$5,033 Estimated rent
Home value
$1,348,600
$1.17M - $1.55M
$5,033/mo
Zestimate® history
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List your homeWhat's special
Heated pool and spaTennis courtsPrivate marinaBoat rampMaster suiteWater front viewsBoat trailer storage
Zillow last checked:
Listing updated:
Listed by:
Sunne Rego,
Island Equity Real Estate
Bought with:
Sunne Rego
Island Equity Real Estate
Source: FLKMLS,MLS#: 612084
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Wine Cooler, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Built-in Cabinets, Bar, Walk-In Closet(s), Storage, Media Room, Other Specialty Room
- Flooring: Vinyl
- Doors: French Doors
- Windows: Drapes/Blinds Incl, Accordion
- Furnished: Yes
Interior area
- Total interior livable area: 2,261 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Trailer Storage, Covered, Off Street, Guest, Assigned, Garage Door Opener, Attached
- Has attached garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: 3 Stories
- Stories: 3
- Patio & porch: Lanai, Open Porch/Balcony, Patio
- Exterior features: Lighting, Tennis Court(s), Boat Slip
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked, Concrete
- Has view: Yes
- View description: Ocean, Harbor/Marina View
- Has water view: Yes
- Water view: Ocean,Harbor/Marina View
- Waterfront features: Oceanfront, Canal Front, Waterfront, Dock Length: 30, Dockage: Dock Privileges, Boat Slip, Boat Ramp, Boat Lift, Assigned Dock
Lot
- Features: 10 or more Acres
Details
- Parcel number: 00090401000108
- Zoning: SR
- Zoning description: Sub Urban Residential District
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Residential - Condo/Townhouse
Materials
- CBS, Concrete
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Electric Gate
Community
- Community features: Pool, Spa, Tennis Court(s), Community Boat Ramp
Location
- Region: Key Largo
- Subdivision: Key Largo Yacht Club (100.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,761 monthly
- Services included: Maintenance Structure, Security, Maintenance Grounds, Building Insurance
Other
Other facts
- Listing terms: No Seller Finance,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2025 | Sold | $1,350,000-10%$597/sqft |
Source:  FLKMLS #612084 Report a problem | ||
| 12/21/2024 | Pending sale | $1,499,500$663/sqft |
Source: FLKMLS #612084 Report a problem | ||
| 12/10/2024 | Contingent | $1,499,500$663/sqft |
Source: FLKMLS #612084 Report a problem | ||
| 11/2/2024 | Listed for sale | $1,499,500+156.3%$663/sqft |
Source:  Key West AOR #612084 Report a problem | ||
| 7/20/2020 | Sold | $585,000-3.4%$259/sqft |
Source: FLKMLS #589200 Report a problem | ||
| 6/13/2003 | Sold | $605,450$268/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,307 -0.6% | $940,041 -2.9% |
| 2024 | $8,355 +0.4% | $968,448 |
| 2023 | $8,320 +54.3% | $968,448 +86.1% |
| 2022 | $5,393 +21.6% | $520,255 +10% |
| 2021 | $4,436 -0.6% | $472,959 |
| 2020 | $4,462 | $472,959 -4.9% |
| 2019 | $4,462 -4.4% | $497,325 |
| 2018 | $4,667 -1.7% | $497,325 -8.9% |
| 2017 | $4,747 -3.7% | $545,953 +19.3% |
| 2016 | $4,930 +8.3% | $457,624 |
| 2015 | $4,551 | $457,624 |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 6 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 8.7 mi
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Estimated market value
$1,348,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,348,600
- Florida
- Monroe County
- Key Largo
- 33037
- 1501 Ocean Bay Dr Unit B5
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