1501 Ocean Bay Drive A2 & 50' deeded slip, Key Largo, FL 33037 (MLS# 616342)

1501 Ocean Bay Drive A2 & 50' deeded slip, Key Largo, FL 33037

$1,827,500

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,127 Status: Closed

Current Price: $1,827,500 List Date: 8/31/2025 Last Modified: 3/26/2026

Overview

Description

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 co ... (Read more)

Listing Details MLS# 616342

Location, Tax & Legal

Street #: 1501
Street Name: Ocean Bay
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Key Largo Yacht Club (100.0)
Area: 27 - Key Largo MM 97-107
Unit #: A2 & 50' deeded slip
City: KEY LARGO
Off Shore Island: No
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,VE,VE,VE
Alternate Key #: 8861125
Handicap Access: No
Add'l Parcel #1: 00090401-000402
Parcel #: 00090401-000102
Zoning: SR - Sub Urban Residential District
Deed Restrictions: Unknown
Legal: UNIT A-2 KEY LARGO YACHT CLUB A CONDOMINIUM OR1410-1786/87 OR1655-1874 OR3096-0512 OR3096-0516
Taxes: 10189.73
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 6
Unit/Complex: Unit
Pool: Yes
Year Built: 1997
Living Apx SqFt: 2127
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 28
Lot SqFt: 0
Total Units: 0

Status Change Info

Sold Date: 2026-03-26

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Assoc Approval Req: Yes
Association Fee $: 2889.98
Assoc/Mnt Fee Per: Monthly

Dockage

Dock Length: 50
Dock: Concrete
Boat Lift: Yes
Boat Ramp: Yes

More Information

Building Style

Above Flood: Unknown
Townhouse: Yes

Remarks & Misc

Remarks – Consumer: 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.
Directions: From Overseas Highway, turn onto Ocean Bay Dr. Take a left into Key Largo Yacht Club

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Common Area Mnt: Yes
Exterminating: Yes
Sewer: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
More Appliances: Yes
Oven: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Wine Cooler: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Tile: Yes

Neighborhood Feature

Clubhouse: Yes
Community Boat Ramp: Yes
Community Dockage: Yes
Community Pool: Yes
Tennis Courts: Yes

Interior Features

Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Drapes/Blinds Incl: Yes
Quartz Countertops: Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes
Wet Bar: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Media Room: Yes
Utility Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Vehicle Storage

Garage: Yes

Security

Electric Gate: Yes

Construction

CBS: Yes
Concrete: Yes
Stucco: Yes

Land Size

10 or more Acres: Yes

Furnished

Furnished: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Pool Info

In Ground: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Exterminating; Sewer Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Boat Lift; Boat Ramp Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Garage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage; Walk-in Closet(s); Wet Bar Specialty Rooms: Media Room; Utility Room Appliances: Dishwasher; Dryer; Microwave; More Appliances; Oven; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Pool Info: In Ground Construction: CBS; Concrete; Stucco Floor: Tile Pets: Pets Allowed Neighborhood Feature: Clubhouse; Community Boat Ramp; Community Dockage; Community Pool; Tennis Courts Security: Electric Gate Land Size: 10 or more Acres

Listing Office: Coldwell Banker Schmitt Key Largo

Last Updated: March - 26 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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