$2,150,000 $200K PRICE DROP
- 3 Beds
- 2 Baths
- 2,127 Sq Ft
- 1501 Ocean Bay Dr
- Unit A1 & 50' Boat Slip
- Key Largo, FL
174 Corrine Place Key Largo, FL 33037
Estimated payment $8,467/month
Total Views
1,913
4
Beds
2
Baths
2,196
Sq Ft
$660
Price per Sq Ft
Highlights
- Dock made with concrete
- Waterfront
- 1-minute walk to Key Largo Community Park
- Coral Shores High School Rated A
- Central Air
About This Home
Location, Location, Location. This waterfront 'diamond in the rough' offers an incredible opportunity in the heart of Key Largo with easy ocean access. Situated on a crystal-clear, free-flowing canal, and a spacious 30' cut in boat slip. The canal is truly something special--gorgeous, clear waters teeming with marine life, offering a front-row seat to the natural beauty of the Florida Keys right from your backyard.
The home is ready for your personal touch and updates, making it a fantastic opportunity for buyers looking to customize, renovate, or invest in a prime location. Whether you envision a modern coastal escape or a charming island getaway, the possibilities here are wide open. Located in a highly sought-after neighborhood, you'll enjoy close proximity to open water, local dining, and everything that makes Keys living so desirable.
Listing Agent
American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 04/24/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,794
Year Built
- Built in 1978
Lot Details
- 8,450 Sq Ft Lot
- Lot Dimensions are 65 x 130
- Waterfront
- Property is zoned IS - Improved Subivision District
Parking
- 4 Parking Spaces
Interior Spaces
- 2,196 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- Dock made with concrete
- Central Air
Community Details
- Key Largo Ocn Shores Subdivision
Listing and Financial Details
- Assessor Parcel Number 00498240-000000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $8,390 | $1,143,352 | $762,613 | $380,739 |
| 2024 | $7,694 | $1,222,763 | $838,874 | $383,889 |
| 2023 | $7,694 | $1,130,929 | $762,613 | $368,316 |
| 2022 | $6,703 | $980,843 | $608,083 | $372,760 |
| 2021 | $5,683 | $649,509 | $329,128 | $320,381 |
| 2020 | $5,525 | $631,399 | $307,052 | $324,347 |
| 2019 | $5,037 | $566,508 | $267,189 | $299,319 |
| 2018 | $5,111 | $573,247 | $272,935 | $300,312 |
| 2017 | $4,625 | $508,133 | $0 | $0 |
| 2016 | $4,466 | $471,438 | $0 | $0 |
| 2015 | $4,746 | $494,062 | $0 | $0 |
| 2014 | $4,561 | $460,308 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | For Sale | $1,450,000 | 0.0% | $660 / Sq Ft |
| 12/01/2025 12/01/25 | Rented | $2,500 | 0.0% | -- |
| 11/28/2025 11/28/25 | Under Contract | -- | -- | -- |
| 10/21/2025 10/21/25 | Price Changed | $2,500 | -15.3% | $1 / Sq Ft |
| 10/14/2025 10/14/25 | For Rent | $2,950 | 0.0% | -- |
| 10/07/2025 10/07/25 | Off Market | $2,950 | -- | -- |
| 10/06/2025 10/06/25 | For Rent | $2,950 | -- | -- |
Source: Florida Keys Board of REALTORS®
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $240,000 | -- | |
| Deed | $85,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $190,000 | No Value Available |
Source: Public Records
About the Listing Agent
"Find your dream home in the Florida Keys with top Realtor® Terry Canto—expert in luxury, waterfront, and island-style living from Key Largo to Islamorada."
Since 1995, Terry Canto has been a dedicated and professional Realtor in the Florida Keys, known for her exceptional work ethic and unparalleled passion for real estate. As a top-producing agent, she brings three decades of experience to each transaction, ensuring a smooth and stress-free process for her clients. Specializing in
Terry's Other Listings
Source: Florida Keys Board of REALTORS®
MLS Number: 619629
APN: 00498240-000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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