1501 Ocean Bay Drive $1,298,900


    1501 Ocean Bay Drive Key Largo, FL 33037

    SOLD 5/20/2022


    • 3 Beds
    • 2 Baths
    • 2,261 sq. ft.
    • Condo/Townhouse
    • MLS# 599934
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    Property Details

    Feel the Ocean Breeze from every space of this beautifully appointed and renovated 3 Story 3 bedroom, 2 bath waterfront townhome in seldom available Key Largo Yacht Club community! Complete with a deeded 30' boat slip with 14,000 lbs boat lift in protected Marina. Enjoy the Florida Keys lifestyle with direct access to the Atlantic Ocean and serene views of the water and landcaped grounds! This wonderful unit features: Impact windows and French Doors thruoughout, each sunlit bedroom offers a private balcony, updated baths, new laundry area on third floor adjacent to grand main bedroom suite. Updated wood and granite kitchen with SS appliances. Florida room on first floor plus built ins, Closets galore offering lots of storage & Double Car garage! Relax by the community's many amenities such as heated pool and jacuzzi with gazebo, 4 oceanfront tiki huts, fish station, trailer parking, boat ramp; Tennis, basketball, a gated playground and much more! Boaters will enjoy direct access to popular Molasses Reef, John Pennekamp and Adams Cut for bayside access. Make this private piece of heaven yours!

    • General Features
      • Square Footage 2,261
      • Style Condo
      • As Is Right to Inspect Yes
      • Association Approval Required Yes
      • Association Fee Amount 1439.92
      • Assoc/Maint Fee Due Monthly
      • Association Info - Condo Docs Yes
      • Fee Includes Bldg Exterior Mnt, Building Insurance, Common Area Mnt, Security
      • Key Island Key Largo
      • Neighborhood Features Community Boat Ramp, Community Pool, Spa, Tennis Courts
      • Pets Pets Allowed
      • Rentals Allowed With Restrictions
      • Taxes $3,925
      • Tax Exemptions Homestead
      • Tax Year 2021
      • Terms No Seller Finance, Not Assumable
      • Deed Restrictions No
    • Building Features
      • Building Style Townhouse
      • Appliances Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer
      • Cooling/Heating Ceiling Fans, Central A/C, Heat
      • Interior Features Built-in Cabinets, Cathedral Ceilings, Foyer, Granite Counter Top, Pantry, Smoke Alarms, Storage, Walk-in Closet, Window Treatments
      • Construction CBS
      • Flooring Tile Floor, Wood Floor
      • Handicap Access No
      • Porch/Balcony Open Porch/Balcony, Patio
      • Roofing Metal Roof
      • Shutters Accordion, Roll Down Manual
      • Side Ocean
      • Stories 3 Stories
      • Windows/Doors French Doors, Impact Rstnce Doors, Impact Rstnce Window
    • Room Features
      • Specialty Rooms Other
    • Property Features
      • Exterior Features Bar, Chickee Hut, Gazebo, Hot Tub, Landscape Lighting, Outdoor Shower, Privacy Wall/Fence, Tennis Court
      • Dockage Assigned Dock, Boat Lift, Boat Ramp, Boat Slip
      • Garage Spaces 2
      • Garage/Parking Attached, Auto Door Opener, Garage, Guest Parking, Open Parking, Trailer Storage
      • Pool Yes
      • Pool Heated Yes
      • Pool Info Concrete, In Ground
      • Pre-Wired Cable
      • Security Electric Gate
      • Water View Ocean View, Open Water View
      • Waterfront Property Yes
      • Waterfront Type Canal Front, Oceanfront
      • Utilities Buyer to Verify, Cable Available, Elect Separate Meter, FKAA, Municipal Sewer, Water Separate Meter
      • Pub Sewer HkUp Yes
      • Zoning RM - Residential Medium


    33037 (Key Largo) Demographics

    54 Median Age
    89 Population Density (per sq. mile)
    42% College Educated
    $67,917 Estimated Median Income
    3,686 Estimated Total Home Owners
    1,022 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    10,816 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $899,000 Median Sales Price
    35 Homes Sold
    73 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/20/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $1,298,900
        3/30/2022 11:33:43 PM Status Changed Source: Multiple Listing Service New Value: Contingent/Show
        3/23/2022 1:03:32 PM Status Changed Source: Multiple Listing Service New Value: Active
        3/10/2022 9:33:23 AM Status Changed Source: Multiple Listing Service New Value: Contingent
        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided 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. Copyright 2022 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.