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

$1,950,000

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

Current Price: $1,950,000 List Date: 8/31/2025 Last Modified: 12/04/2025

Description

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.

More Information MLS# 616342

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Species List: Yes Current Price: $1,950,000 Listing Date: 2025-08-31 List Price: $1,950,000

Location, Tax & Legal

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 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

General Property Description

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

Remarks & Misc

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

Association Info

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

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1 Exterminating: 1 Sewer: 1

Dockage

Dock Length: 50 Dock: Concrete Boat Lift: 1 Boat Ramp: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 More Appliances: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Tile: 1

Neighborhood Feature

Clubhouse: 1 Community Boat Ramp: 1 Community Dockage: 1 Community Pool: 1 Tennis Courts: 1

Interior Features

Built-in Cabinets: 1 Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Quartz Countertops: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1 Wet Bar: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Media Room: 1 Utility Room: 1

Building Style

Above Flood: Unknown Townhouse: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Garage: 1

Security

Electric Gate: 1

Construction

CBS: 1 Concrete: 1 Stucco: 1

Land Size

10 or more Acres: 1

Furnished

Furnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Pool Info

In Ground: 1

Status Change Info

Status: Active

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: December - 04 - 2025

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