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1501 Ocean Bay Dr # A1, Key Largo FL 33037

Condo/Co-op For Sale
$2,150,000

BTC: 33.49451726

ETH: 1,219.55370007

141 days
Waterfront
3 bds
2 ba
2,127 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Attached Carport / 2 Or More Spaces / Covered / Guest / Rv/Boat Parking
Year Built:
1997
Lot:
No Data
Heating:
Central
Price/sqft:
$1,011
Cooling:
Central Air
HOA:
$2,890

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,599,000
$987K – $1.9M
Confidence Low
List vs. estimate
$551K above estimate
List $2,150,000 · +34.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,010
+18.0% vs. city median $856
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,641
2025
HOA
$2,890/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Front
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Washer

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Attached Carport

    • 2 Or More Spaces

    • Covered

    • Guest

    • Rv/Boat Parking

    Property

    • Exterior Features: Open Balcony / Screened Balcony

    Other Property Information

    • Parcel Number: 00090401-000101

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,890

    • HOA Frequency: Monthly

    • Annual tax amount: $8,641

  • Source details

    • MLS ID: A11957355

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: Corner Unit / Multi Level

    • Waterfront: Yes

    • Living Area: 2127

    • Subdivision Name: KEY LARGO YACHT CLUB

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: American Caribbean Real Estate