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About This Home

This 3-bedroom, 2-bathroom townhouse at 1501 Ocean Bay Drive in Key Largo, FL is listed for $2,150,000 ($1,011 per sqft). Built in 1997, the home offers 2,127 sqft of living space on a N/A lot.

Agent Description

Luxury Ocean Front End Unit. The best views from the complex in this townhome with 50 ft deeded slip and 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

Key Features

  • Built in 1997
  • Private pool
  • Waterfront

Property Details

2 full
#A1 & 50' Boat Slip
1997

Amenities

PoolWaterfrontViewA/C

Monthly Cost Estimate

$14,389/mo

20% down · 6.5% · 30 years

Principal$1,555
Interest$9,317
Insurance$627
HOA$2,890

Estimates only. Actual payments may vary.

Location

1501 Ocean Bay Drive

Key Largo, FL 33037

Key Largo Yacht Club (100.0)

Features & Amenities

Interior Features

Granite Counter TopStorageWalk-in Closet(s)

Exterior Features

Chickee Hut

Property Details

Flooring

WoodTile

Construction

CBS Concrete Stucco

Views

WaterOcean

Pool Features

PorchPatio

Parking

Open

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveStainless Steel Appliance(s)

Questions & Answers

This 3-bedroom, 2-bathroom townhouse at 1501 Ocean Bay Drive is listed at $2,150,000 ($1,011/sqft). The estimated monthly payment is $12,207 based on 20% down at 6.5% interest.

HOA fees are $2890/month.

Key features include: Built in 1997, Private pool, Waterfront. Interior Features: Granite Counter Top, Storage, Walk-in Closet(s). Exterior Features: Chickee Hut.

This property is listed by Terry Canto,Top Producer and can be reached at 3053943037 or Terry@TerryCanto.com.

TP

Terry Canto,Top Producer

Agent at American Caribbean Real Estate, Christie's International Real Estate

(305) 394-3037

Listed by American Caribbean Real Estate, Christie's International Real Estate · View on Broker Site

MLS# 612867· Source: listhub· Updated 521 days ago

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1501 Ocean Bay Drive, Key Largo, FL 33037

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