$2,250,000
$100K PRICE DROP

1501 Ocean Bay Dr Unit A1 & 50' Boat Slip Key Largo, FL 33037

Estimated payment $15,702/month

Total Views 28,903
3 Beds
2 Baths
2,127 Sq Ft
$1,058 Price per Sq Ft

Highlights

  • Ocean Front
  • Boat Ramp
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Schwingggg

About This Home

Stunning Ocean Front with 50 ft deeded slip with 14,000 lb 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

Listing Agent

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 12/27/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,767

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $2,890 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,127 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Workshop
  • Storage
  • Utility Room
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00090401-000101

Community Details

Overview

  • Association fees include sewer, security, common area mnt, building insurance, bldg exterior mnt
  • 24 Units
  • Key Largo Yacht Club Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Complete Electric Power Shutters
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,767

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$2,890 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 2890.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 50
  • Fee Includes: Sewer, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts, Clubhouse, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 7767.17
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1997
  • Alternate Key Number: 8861109
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion, Roll Down Electric
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2127.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Storage, Granite Counter Top, Pantry, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Boat Slip, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Chickee Hut
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,VE
  • Parcel Number: 00090401-000101
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 24.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,767 $1,217,774 -- $1,217,774
2023 $7,767 $1,217,774 $0 $1,217,774
2022 $6,599 $986,402 $0 $986,402
2021 $5,397 $591,342 $0 $591,342
2020 $5,429 $591,342 $0 $591,342
2019 $5,688 $622,146 $0 $622,146
2018 $5,790 $622,146 $0 $0
2017 $6,421 $699,259 $0 $0
2016 $6,433 $675,003 $0 $0
2015 $6,545 $675,003 $0 $0
2014 $6,723 $675,003 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $2,250,000 -4.3% $1,058 / Sq Ft
12/27/2024 12/27/24 For Sale $2,350,000 -- $1,105 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $1,100,000 1St Equity Title Keys Llc
Deed $343,700 --
Deed $358,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,500 New Conventional
Previous Owner $938 No Value Available
Source: Public Records

About the Listing Agent

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate

(305) 614-8966

Section Image

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Source: Florida Keys Board of REALTORS®

MLS Number: 612867

Florida Keys Board of REALTORS®

APN: 00090401-000101