$1,999,000

1501 Ocean Bay Dr Unit A2 plus 50' deeded s Key Largo, FL 33037

Estimated payment $13,417/month

Total Views 2,421
3 Beds
2 Baths
2,127 Sq Ft
$940 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

Enjoy breathtaking ocean views and sunrises from this beautifully remodeled 3 bed / 2 bath CBS townhome with 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 entertaining or casual dining. A bonus recreation room offers the perfect spot for gatherings, games, or movie nights. The primary suite features tall ceilings, a walk-in closet, and a spa-like bath, along with an enclosed terrace on the third floor that's ideal for a gym, extra sleeping space, or private lounge. Each room has its own balcony to take in serene ocean or marina views. A 2-car garage provides excellent storage. Exterior features include impact windows & doors and a durable metal roof.Community amenities include a pool, tennis courts, basketball courts, and a private boat ramp, all in a prime location close to restaurants, shops, and only about an hour from Miami.This home perfectly combines luxury, durability and is offered fully furnished to deliver the ultimate Florida Keys lifestyle for boating and coastal living.

Listing Agent

April Struhs

Coldwell Banker Schmitt Key Largo License #3421340 Listed on: 08/31/2025

Coldwell Banker Schmitt Key Largo

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,190

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $2,084 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,127 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Home Theater
  • Storage
  • Utility Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Electric Gate

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Boat Ramp
  • Dock made with concrete
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00090401-000102

Community Details

Overview

  • Association fees include sewer, common area mnt, building insurance, bldg exterior mnt, exterminating
  • Key Largo Yacht Club Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,190

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$2,084 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00090401-000402
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 2083.77
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Handicap Access: No
  • 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, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 10189.73
  • Vehicle Storage: Garage
  • Year Built: 1997
  • Alternate Key Number: 8861125
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • 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

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Built-in Cabinets, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: More Appliances, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Specialty Rooms: Media Room, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Sq ft does not include garage, bonus room or enclosed 3rd floor terrace

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,VE
  • Parcel Number: 00090401-000102
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

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 $873 $115,728 $115,728 --
2023 $873 $115,728 $115,728 $0
2022 $742 $96,988 $96,988 $0
2021 $503 $63,724 $0 $63,724
2020 $480 $63,724 $0 $63,724
2019 $456 $63,724 $0 $63,724
2018 $442 $63,724 $0 $0
2017 $347 $41,556 $0 $0
2016 $362 $44,051 $0 $0
2015 $348 $44,051 $0 $0
2014 $340 $44,051 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2025 08/31/25 For Sale $1,999,000 -- $940 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $20,000 Attorney
Quit Claim Deed -- --
Deed $502,500 --
Deed $334,100 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $358,500 Commercial
Previous Owner $376,800 Commercial
Previous Owner $267,244 New Conventional
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 616342

Florida Keys Board of REALTORS®

APN: 00090401-000402