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1501 Ocean Bay Drive Unit A1

Key Largo, FL 33037

3 beds
2 baths
2,127 sqft
$1,104 per sqft
1997 build
– on site

Amazing Ocean View from this corner oceanfront three-story townhome with deeded 50 ft slip just steps away. 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.Remodeled and turn-key, ready to move in. Offered furnished. 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

Listing courtesy of FLKMLS / American Caribbean Real Estate, Christie's International Real Estate

Last checked: Checking… • Last updated Jan 29, 2025 •

MLS# 612867 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1997
Construction:

CBS, Stucco, Concrete
Style:

Townhouse
Building Style:

Townhouse
Unit #:

A1
Exterior Features:

Chickee Hut
Windows/Doors:

Impact Rstnce Window, Impact Rstnce Doors
Roof:

Metal Roof
Shutters:

Accordion, Roll Down Electric
Porch/Balcony:

Open Porch/Balcony, Screened Patio, Screened P/B
Security:

Electric Gate

Interior

Specialty Rooms:

Utility Room
Furnished:

Furnished
Interior Features:

Drapes/Blinds Incl, Granite Counter Top, Pantry
Floor:

Tile, Wood

Financial & Terms

Terms:

Cash, Conventional

The Property

Parcel #:

00090401-000101
Land Size:

10 or more Acres
Waterfront:

Oceanfront, Open Water
Zoning:

SR - Sub Urban Residential District
Waterfront:

Yes
Waterview:

Ocean View, Open Water View
Flood Zone:

AE,AE,VE,VE,VE

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Taxes:

7767.17
Tax Exemptions:

None

Beds

Total Bedrooms:

3

Baths

Total Baths:

2.00
Full Baths:

2

Heating & Cooling

Cooling:

Central Air, Ceiling Fans(s)

Utilities

Utilities:

FKAA, Municipal Sewer
Pub Sewer HkUp:

Yes

Appliances

Appliances:

Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer

The Community

Subdivision:

Key Largo Yacht Club (100.0)
Neighborhood Features:

Community Pool, Tennis Courts, Clubhouse, Community Boat Ramp
Pool Info:

In Ground, Concrete
Dockage:

Boat Lift, Boat Ramp
Dockage: Dock:

Concrete
Pets:

Pets Allowed
Fee Includes:

Sewer, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
Association Info: Association Fee $:

2084.00
Association Info: Mandatory Home Owners Asc:

Yes
Association Info: Assoc/Mnt Fee Per:

Monthly

Parking

Vehicle Storage:

Carport, Trailer Storage, Guest Parking, Open Parking
Vehicle Storage: Car(s):

2

Monthly cost estimate

Asking price

$2,350,000

Expense	Monthly cost
Mortgage	$12,583
Taxes	$647
Insurance	$646
Utilities	$151 See report
Total	$14,027/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
12/27/24 Dec 27, 2024	Listed / Active	FLKMLS	$2,350,000

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This townhouse located in Ocean Shores, Key Largo, FL 33037 is currently for sale for $2,350,000. 1501 Ocean Bay Drive Unit A1 is a 2,127 square foot townhouse with 3 beds and 2 baths that has been on Estately for 34 days. 1501 Ocean Bay Drive Unit A1 is in the Ocean Shores neighborhood of Key Largo and has a WalkScore® of 22, making it car-dependent. This townhouse is in the attendance area of Key Largo School and Key West High School.

Listing Courtesy of: FLKMLS and American Caribbean Real Estate, Christie's International Real Estate.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.