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1501 Ocean Bay Drive B7, Key Largo, FL 33037

$1,385,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,261 Status: Active

Current Price: $1,385,000 List Date: 6/14/2026 Last Modified: 8/23/2026

Overview

Description

Exclusive and seldom available offering in the gated community of Key Largo Yacht Club. Completely remolded turn key 3 Bedroom 3 Bath 2 Car garage with ocean views from all balconies. A deeded 30' Boat Slip that includes a 15,000 LB lift just steps from your door. This is a beautiful turn key unit completely furnished and decorated with no expense spared. The 1st level encompasses your own patio for entertaining and grilling. The 2nd level is all about the kitchen / dinning and living / family room experience. The 3rd level is completely dedicated to a magnificent primary suite with a large bathroom and walk-in closets. Located in a beautiful 10 acre secured / gated community of only 24 units this community includes a modern pool, club house, tennis / basketball courts and trailer parking and private boat ramp.

Listing Details MLS# A12076180

General Property Information

Unit Floor #: Yes
Property Sub Type: Townhouse
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 2261
Living Area Main: 2261
Year Built: 1997
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Senior Community YN: Yes
Waterfront YN: Yes
Stories Total: 3
Stories: 3

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Maintenance Grounds; Maintenance Structure Flooring: Ceramic Tile Parking Features: Boat Access/Parking; Covered; Garage Door Opener; RV Access/Parking Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator Water Heater Details: Electric Water Heater Boat and Dock Features: Deeded Dock; Lift; Ramp Construction Materials: Block; CBS Cooling: Central Air; Electric Association Type: Homeowner Association Heating: Central; Electric Interior Features: French Doors; Pantry Levels: Three Or More Listing Terms: Cash; Conventional; Other Pets Allowed YN: Yes Possession: Close Of Escrow Road Frontage Type: East of US-1 Security Features: Key Card Entry; Smoke Detector(s) Special Information: Sold As-Is Structure Type: Townhouse View: Water Water Access: No Fixed Bridge Water View: Direct Ocean; Ocean Waterfront Features: Ocean Front; No Fixed Bridges Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 1385000
Occupant Type: Owner

Location and Legal

Country: United States
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 1501
Street Name: Ocean Bay
Street Suffix: Drive
Unit Number: B7
City Name: Key Largo
State Or Province: FL
Postal Code: 33037
Postal Code +4: 4291
Postal Zip: 33037
Subdivision Name: KEY LARGO YACHT CLUB
Area: 5940 - Other Florida County
Geographic Area: Other
Elementary School: Key Largo
Middle Or Junior School: Key Largo
High School: Coral Shores
Parcel Number: 00090401000110
Flood Zone: AE,VE

Financial Information

Association YN: Yes
Association Fee: 2116
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 2116
Membership Fee Required YN: Yes
Membership Fee Amount: Yes
Tax Annual Amount: 4691
Tax Year: 2025
Tax Legal Description: UNIT B-7 KEY LARGO YACHT CLUB A CONDOMINIUM OR1454-1400/01 OR1631-897 OR2748-1762 OR3064-1509

Status Change Information

Major Change Timestamp: 2026-06-14T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-23

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: Yes

Entry Information

Entry Level: Yes

Parking Information

Open Parking Spaces: 2

Boat and Dock Information

Dock: Yes
Dock Details: Community Boat Ramp

Leasing Restrictions

Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30

Storm Protection

Impact Glass: Partial

Price Calculations

Current Price To SqFt: 612.56

Section Details

Parcel Number MLX: 0009

Originating Details

Originating System Key: 559675594
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Basketball Court: Yes
Picnic Area: Yes
Tennis Court(s): Yes

Association Fee Includes

Maintenance Grounds: Yes
Maintenance Structure: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Boat Access/Parking: Yes
Covered: Yes
Garage Door Opener: Yes
RV Access/Parking: Yes

Property Condition

Updated/Remodeled: Yes

Structure Type

Townhouse: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Water: Yes

Heating

Central: Yes
Electric: Yes

Water Access

No Fixed Bridge: Yes

Water View

Direct Ocean: Yes
Ocean: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
CBS: Yes

Interior Features

French Doors: Yes
Pantry: Yes

Levels

Three Or More: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Road Frontage Type

East of US-1: Yes

Security Features

Key Card Entry: Yes
Smoke Detector(s): Yes

Waterfront Features

Ocean Front: Yes
No Fixed Bridges: Yes

Water Heater Details

Electric Water Heater: Yes

Boat and Dock Features

Deeded Dock: Yes
Lift: Yes
Ramp: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Master Bdrm - Upstairs: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Listing Office: LoKation

Last Updated: August - 23 - 2026

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1501 Ocean Bay Drive B7, Key Largo, FL 33037 (MLS# A12076180)