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For sale
  • $2,150,000

    1501 Ocean Bay Drive Slip #A1 & 50, Key Largo, FL 33037

    3beds
    2,127sqft
    : 
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    Townhouse, Residential - Condo/Townhouse
    Built in 1997
    -- sqft lot
    $-- Zestimate®
    $1,011/sqft
    $2,890/mo HOA

    What's special

    Impact windows and doors
    Luxury Ocean Front End Unit. The best views from the complex in this townhome with 50 ft deeded slip and boat lift. Indulge in the vibrant ocean colors of turquoise blues and greens from every room. Awaken to awe-inspiring sunrises accompanied by refreshing ocean breezes. This hidden gem has the best views in the exclusive Key Largo Yacht Club with the boat slip just steps away. Convenience, peace and quiet are yours in this private community of only 24 units.Turn-key property and furnished, ready to enjoy, Solid 3 1/4 Hardwood floors throughout. Impact windows & doors in addition to shutters. Multiple balconies in front and back. Covered parking for two vehicles. For boating enthusiasts, a 50-foot deeded boat slip with a 4-post lift provides direct ocean access from your private dock, conveniently located behind your garage. The expansive owner's suite spans the entire third level, offering a tranquil sanctuary with its own balcony, an additional screened terrace, and stunning views of the ocean and marina. Whether you're a water sports enthusiast or a lover of serene vistas, this townhome is a dream come true.Located at the heart of Key Largo with Keys' vibrant coastal lifestyle, enjoy proximity to world-class reefs, fishing hotspots, sandbars, and renowned waterfront dining. Easy access to Adams Cut, your adventures can extend seamlessly to the bay, providing endless opportunities for exploration.Resort-style amenities, including a heated swimming pool and spa, tennis, pickleball courts, basketball, mini golf, a private boat ramp, a clubhouse, and well-maintained facilities. Everything you need for relaxation and recreation is at your fingertips.This is a rare opportunity to own a slice of paradise where luxury meets coastal charm. Don't miss the chance to make this exquisite home yours
    564 days
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    90
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    1
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    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#: 612867MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Walk-In Closet(s), Storage, Granite Counters, Pantry, Split Bedroom, Utility Room
      • Flooring: Tile, Wood
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window, Accordion, Roll Down Electric
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,127 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Trailer Storage, Covered, Guest, Open
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: 3 Stories
      • Stories: 3
      • Patio & porch: Open Porch/Balcony, Screened Patio, Screened P/B
      • Exterior features: Boat Slip
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • 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 Slip, Boat Ramp
      Lot
      • Features: 10 or more Acres
      Details
      • Additional structures: Workshop, Chickee Hut
      • Parcel number: 00090401000101
      • 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
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Features: Pool, Tennis Court(s), Clubhouse, Community Boat Ramp
      • Security: Electric Gate
      • Subdivision: Key Largo Yacht Club (100.0)
      HOA
      • Has HOA: Yes
      • Services included: Sewer, Security, Maintenance Grounds, Building Insurance, Maintenance Structure
      • HOA fee: $2,890 monthly
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $1,011/sqft
      • Annual tax amount: $8,295
      • Date on market: 12/27/2024
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,564/mo

        Price history

        DateEventPrice
        9/17/2025Price change$2,150,000-4.4%$1,011/sqft
        Source: FLKMLS #612867 Report a problem
        3/21/2025Price change$2,250,000-4.3%$1,058/sqft
        Source: FLKMLS #612867 Report a problem
        12/27/2024Listed for sale$2,350,000$1,105/sqft
        Source: FLKMLS #612867 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33037

        Getting around

        22 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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